Sphere Entertainment Co Stock Operating Margin

SPHR Stock

40.29 0.75 1.83%

Sphere Entertainment Co fundamentals help investors to digest information that contributes to Sphere Entertainment's financial success or failures. It also enables traders to predict the movement of Sphere Stock. The fundamental analysis module provides a way to measure Sphere Entertainment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sphere Entertainment stock.

		Last Reported	Projected for Next Year
	Operating Profit Margin	(0.33)	(0.32)

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Sphere Entertainment Co Company Operating Margin Analysis

Sphere Entertainment's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

Operating Margin

Operating Income

Revenue

100

More About Operating Margin | All Equity Analysis

Current Sphere Entertainment Operating Margin

(0.45) %

Most of Sphere Entertainment's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sphere Entertainment Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sphere Operating Margin Driver Correlations

Understanding the fundamental principles of building solid financial models for Sphere Entertainment is extremely important. It helps to project a fair market value of Sphere Stock properly, considering its historical fundamentals such as Operating Margin. Since Sphere Entertainment's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sphere Entertainment's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sphere Entertainment's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Current Deferred Revenue	Short Term Debt	Long Term Debt	Net Invested Capital	Long Term Investments	Short Long Term Debt	Capital Stock	Net Working Capital	Net Tangible Assets	Deferred Long Term Liab	Property Plant Equipment
Total Assets		-0.71	0.89	-0.03	0.1	0.78	0.82	0.98	-0.44	-0.6	-0.39	-0.79	0.46	0.92	0.88	0.12	0.42	-0.87	-0.68	-0.93	-0.33	0.68
Total Stockholder Equity	-0.71		-0.58	0.48	0.07	-0.51	-0.65	-0.73	0.19	0.33	0.1	0.51	-0.5	-0.7	-0.58	0.29	-0.48	0.47	0.55	0.86	0.54	-0.31
Net Debt	0.89	-0.58		0.33	0.41	0.83	0.67	0.86	-0.71	-0.63	-0.19	-0.82	0.69	0.79	0.96	0.24	0.65	-0.91	-0.87	-0.85	-0.57	0.86
Retained Earnings	-0.03	0.48	0.33		0.66	0.12	-0.2	-0.11	-0.5	-0.23	0.0	-0.14	0.23	-0.1	0.24	0.57	0.21	-0.33	-0.29	0.14	-0.19	0.43
Accounts Payable	0.1	0.07	0.41	0.66		0.28	0.13	0.13	-0.43	0.14	0.32	-0.09	0.14	0.03	0.2	0.61	0.11	-0.21	-0.24	-0.07	-0.13	0.41
Net Receivables	0.78	-0.51	0.83	0.12	0.28		0.76	0.8	-0.45	-0.4	-0.22	-0.54	0.7	0.54	0.76	-0.04	0.65	-0.73	-0.73	-0.76	-0.47	0.86
Good Will	0.82	-0.65	0.67	-0.2	0.13	0.76		0.82	-0.31	-0.42	-0.48	-0.57	0.4	0.7	0.68	0.18	0.37	-0.5	-0.59	-0.74	-0.26	0.66
Total Liab	0.98	-0.73	0.86	-0.11	0.13	0.8	0.82		-0.44	-0.5	-0.27	-0.78	0.42	0.91	0.85	0.09	0.37	-0.83	-0.64	-0.91	-0.27	0.66
Total Current Assets	-0.44	0.19	-0.71	-0.5	-0.43	-0.45	-0.31	-0.44		0.62	-0.05	0.82	-0.55	-0.55	-0.78	-0.51	-0.58	0.55	0.82	0.32	0.47	-0.78
Intangible Assets	-0.6	0.33	-0.63	-0.23	0.14	-0.4	-0.42	-0.5	0.62		0.39	0.78	-0.55	-0.67	-0.78	-0.22	-0.57	0.6	0.77	0.53	0.49	-0.65
Common Stock	-0.39	0.1	-0.19	0.0	0.32	-0.22	-0.48	-0.27	-0.05	0.39		0.17	-0.18	-0.24	-0.28	-0.03	-0.17	0.32	0.23	0.26	0.14	-0.23
Current Deferred Revenue	-0.79	0.51	-0.82	-0.14	-0.09	-0.54	-0.57	-0.78	0.82	0.78	0.17		-0.47	-0.91	-0.93	-0.34	-0.48	0.74	0.8	0.66	0.37	-0.72
Short Term Debt	0.46	-0.5	0.69	0.23	0.14	0.7	0.4	0.42	-0.55	-0.55	-0.18	-0.47		0.32	0.69	-0.25	0.99	-0.58	-0.88	-0.59	-0.94	0.74
Long Term Debt	0.92	-0.7	0.79	-0.1	0.03	0.54	0.7	0.91	-0.55	-0.67	-0.24	-0.91	0.32		0.87	0.25	0.31	-0.75	-0.65	-0.83	-0.25	0.56
Net Invested Capital	0.88	-0.58	0.96	0.24	0.2	0.76	0.68	0.85	-0.78	-0.78	-0.28	-0.93	0.69	0.87		0.23	0.67	-0.88	-0.92	-0.81	-0.56	0.86
Long Term Investments	0.12	0.29	0.24	0.57	0.61	-0.04	0.18	0.09	-0.51	-0.22	-0.03	-0.34	-0.25	0.25	0.23		-0.23	-0.09	-0.14	0.12	0.27	0.32
Short Long Term Debt	0.42	-0.48	0.65	0.21	0.11	0.65	0.37	0.37	-0.58	-0.57	-0.17	-0.48	0.99	0.31	0.67	-0.23		-0.52	-0.89	-0.54	-0.95	0.72
Capital Stock	-0.87	0.47	-0.91	-0.33	-0.21	-0.73	-0.5	-0.83	0.55	0.6	0.32	0.74	-0.58	-0.75	-0.88	-0.09	-0.52		0.71	0.81	0.45	-0.71
Net Working Capital	-0.68	0.55	-0.87	-0.29	-0.24	-0.73	-0.59	-0.64	0.82	0.77	0.23	0.8	-0.88	-0.65	-0.92	-0.14	-0.89	0.71		0.68	0.79	-0.89
Net Tangible Assets	-0.93	0.86	-0.85	0.14	-0.07	-0.76	-0.74	-0.91	0.32	0.53	0.26	0.66	-0.59	-0.83	-0.81	0.12	-0.54	0.81	0.68		0.52	-0.58
Deferred Long Term Liab	-0.33	0.54	-0.57	-0.19	-0.13	-0.47	-0.26	-0.27	0.47	0.49	0.14	0.37	-0.94	-0.25	-0.56	0.27	-0.95	0.45	0.79	0.52		-0.53
Property Plant Equipment	0.68	-0.31	0.86	0.43	0.41	0.86	0.66	0.66	-0.78	-0.65	-0.23	-0.72	0.74	0.56	0.86	0.32	0.72	-0.71	-0.89	-0.58	-0.53

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A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.

Competition

Predict Sphere Entertainment

Operating Profit Margin Over Time

Sphere Pretax Profit Margin

Pretax Profit Margin

(0.33)

At this time, Sphere Entertainment's Pretax Profit Margin is relatively stable compared to the past year.

Based on the recorded statements, Sphere Entertainment Co has an Operating Margin of -0.4501%. This is 107.03% lower than that of the Entertainment sector and significantly lower than that of the Communication Services industry. The operating margin for all United States stocks is 91.83% lower than that of the firm.

Sphere Operating Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sphere Entertainment's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sphere Entertainment could also be used in its relative valuation, which is a method of valuing Sphere Entertainment by comparing valuation metrics of similar companies.

Sphere Entertainment is currently under evaluation in operating margin category among its peers.

Sphere Entertainment ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sphere Entertainment's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sphere Entertainment's managers, analysts, and investors.

Environmental

Governance

Social

Sphere Fundamentals

	Return On Equity	-0.16
	Return On Asset	-0.0248
	Profit Margin	(0.33) %
	Operating Margin	(0.45) %
	Current Valuation	2.4 B
	Shares Outstanding	28.93 M
	Shares Owned By Insiders	6.20 %
	Shares Owned By Institutions	93.80 %
	Number Of Shares Shorted	7.48 M
	Price To Book	0.62 X
	Price To Sales	1.27 X
	Revenue	1.03 B
	Gross Profit	233.3 M
	EBITDA	(3.44 M)
	Net Income	(200.65 M)
	Total Debt	1.52 B
	Book Value Per Share	64.69 X
	Cash Flow From Operations	(19.66 M)
	Short Ratio	8.12 X
	Earnings Per Share	(11.23) X
	Target Price	50.75
	Number Of Employees	970
	Beta	1.42
	Market Capitalization	1.44 B
	Total Asset	4.79 B
	Retained Earnings	11.39 M
	Working Capital	(507.98 M)
	Net Asset	4.79 B

About Sphere Entertainment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sphere Entertainment Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sphere Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sphere Entertainment Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Sphere Entertainment

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sphere Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sphere Entertainment will appreciate offsetting losses from the drop in the long position's value.

Moving against Sphere Stock

0.6	T	ATT Inc Aggressive Push	Pair Corr
0.51	ZD	Ziff Davis	Pair Corr
0.44	Z	Zillow Group Class	Pair Corr
0.44	ZG	Zillow Group	Pair Corr
0.43	CNK	Cinemark Holdings	Pair Corr

The ability to find closely correlated positions to Sphere Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sphere Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sphere Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sphere Entertainment Co to buy it.

The correlation of Sphere Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sphere Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sphere Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Sphere Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Sphere Stock Analysis

When running Sphere Entertainment's price analysis, check to measure Sphere Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sphere Entertainment is operating at the current time. Most of Sphere Entertainment's value examination focuses on studying past and present price action to predict the probability of Sphere Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere Entertainment's price. Additionally, you may evaluate how the addition of Sphere Entertainment to your portfolios can decrease your overall portfolio volatility.

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