Is Sphere Entertainment Stock a Good Investment?
Sphere Entertainment Investment Advice | SPHR |
- Examine Sphere Entertainment's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Sphere Entertainment's leadership team and their track record. Good management can help Sphere Entertainment navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Movies & Entertainment space and any emerging trends that could impact Sphere Entertainment's business and its evolving consumer preferences.
- Compare Sphere Entertainment's performance and market position to its competitors. Analyze how Sphere Entertainment is positioned in terms of product offerings, innovation, and market share.
- Check if Sphere Entertainment pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Sphere Entertainment's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Sphere Entertainment Co stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Sphere Entertainment Co is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Sphere Entertainment Stock
Researching Sphere Entertainment's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 94.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.58. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sphere Entertainment recorded a loss per share of 11.23. The entity had not issued any dividends in recent years. The firm had 2165:1000 split on the 21st of April 2023.
To determine if Sphere Entertainment is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Sphere Entertainment's research are outlined below:
| Sphere Entertainment generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 1.03 B. Net Loss for the year was (200.65 M) with profit before overhead, payroll, taxes, and interest of 233.3 M. | |
| Sphere Entertainment generates negative cash flow from operations | |
| Sphere Entertainment has a poor financial position based on the latest SEC disclosures | |
| Over 94.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Sphere Entertainment announces executive changes and shareholder votes |
Sphere Entertainment uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Sphere Entertainment Co. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Sphere Entertainment's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of August 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Sphere Entertainment's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Sphere Entertainment's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-11-09 | 2022-09-30 | -1.15 | -1.3 | -0.15 | 13 | ||
2022-05-09 | 2022-03-31 | 0.04 | -0.51 | -0.55 | 1375 | ||
2024-08-14 | 2024-06-30 | -2.04 | -1.31 | 0.73 | 35 | ||
2024-05-10 | 2024-03-31 | -0.19 | -1.33 | -1.14 | 600 | ||
2023-05-10 | 2023-03-31 | -0.14 | -1.64 | -1.5 | 1071 | ||
2022-08-19 | 2022-06-30 | -0.54 | -3.0 | -2.46 | 455 | ||
2022-02-09 | 2021-12-31 | -3.85 | 0.07 | 3.92 | 101 | ||
2023-11-08 | 2023-09-30 | -2.06 | 1.98 | 4.04 | 196 |
Sphere Entertainment's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.35 B.Market Cap |
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Sphere Entertainment's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.05) | (0.04) | |
| Return On Capital Employed | (0.10) | (0.09) | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | (0.08) | (0.08) |
Determining Sphere Entertainment's profitability involves analyzing its financial statements and using various financial metrics to determine if Sphere Entertainment is a good buy. For example, gross profit margin measures Sphere Entertainment's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Sphere Entertainment's profitability and make more informed investment decisions.
Evaluate Sphere Entertainment's management efficiency
Sphere Entertainment has return on total asset (ROA) of (0.0248) % which means that it has lost $0.0248 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1604) %, meaning that it created substantial loss on money invested by shareholders. Sphere Entertainment's management efficiency ratios could be used to measure how well Sphere Entertainment manages its routine affairs as well as how well it operates its assets and liabilities. As of 12/17/2024, Return On Tangible Assets is likely to grow to -0.04. In addition to that, Return On Capital Employed is likely to grow to -0.09. At this time, Sphere Entertainment's Non Currrent Assets Other are relatively stable compared to the past year. As of 12/17/2024, Total Current Assets is likely to grow to about 1 B, while Non Current Assets Total are likely to drop slightly above 3.2 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 68.43 | 102.12 | |
| Tangible Book Value Per Share | 54.20 | 81.76 | |
| Enterprise Value Over EBITDA | (630.86) | (599.32) | |
| Price Book Value Ratio | 0.51 | 0.34 | |
| Enterprise Value Multiple | (630.86) | (599.32) | |
| Price Fair Value | 0.51 | 0.34 | |
| Enterprise Value | -42 M | -44.1 M |
Examining the leadership quality of Sphere Entertainment Co offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Beta 1.415 |
Basic technical analysis of Sphere Stock
As of the 17th of December 2024, Sphere Entertainment has the Variance of 7.32, coefficient of variation of (2,219), and Risk Adjusted Performance of (0.03). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sphere Entertainment, as well as the relationship between them. Please validate Sphere Entertainment standard deviation and value at risk to decide if Sphere Entertainment is priced more or less accurately, providing market reflects its prevalent price of 38.01 per share. Given that Sphere Entertainment has information ratio of (0.08), we advise you to double-check Sphere Entertainment Co's current market performance to make sure the company can sustain itself at a future point.Sphere Entertainment's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Sphere Entertainment insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sphere Entertainment's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Sphere Entertainment insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand Sphere Entertainment's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Sphere Entertainment's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.11) | |||
| Mean Deviation | 2.11 | |||
| Coefficient Of Variation | (2,219) | |||
| Standard Deviation | 2.71 | |||
| Variance | 7.32 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.12) | |||
| Maximum Drawdown | 14.27 | |||
| Value At Risk | (3.93) | |||
| Potential Upside | 3.79 | |||
| Skewness | 0.4238 | |||
| Kurtosis | 0.6688 |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.11) | |||
| Mean Deviation | 2.11 | |||
| Coefficient Of Variation | (2,219) | |||
| Standard Deviation | 2.71 | |||
| Variance | 7.32 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.12) | |||
| Maximum Drawdown | 14.27 | |||
| Value At Risk | (3.93) | |||
| Potential Upside | 3.79 | |||
| Skewness | 0.4238 | |||
| Kurtosis | 0.6688 |
Consider Sphere Entertainment's intraday indicators
Sphere Entertainment intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Sphere Entertainment stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 26481.18 | |||
| Daily Balance Of Power | (0.03) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 37.37 | |||
| Day Typical Price | 37.58 | |||
| Price Action Indicator | 0.62 | |||
| Period Momentum Indicator | (0.04) |
Sphere Entertainment Corporate Filings
| 13th of December 2024 Other Reports | ViewVerify | |
F4 | 11th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 10th of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Sphere Stock media impact
Far too much social signal, news, headlines, and media speculation about Sphere Entertainment that are available to investors today. That information is available publicly through Sphere media outlets and privately through word of mouth or via Sphere internal channels. However, regardless of the origin, that massive amount of Sphere data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Sphere Entertainment news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Sphere Entertainment relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Sphere Entertainment's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Sphere Entertainment alpha.
Sphere Entertainment Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Sphere Entertainment can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Sphere Entertainment Historical Investor Sentiment
Investor biases related to Sphere Entertainment's public news can be used to forecast risks associated with an investment in Sphere. The trend in average sentiment can be used to explain how an investor holding Sphere can time the market purely based on public headlines and social activities around Sphere Entertainment Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sphere Entertainment's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sphere Entertainment and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Sphere Entertainment news discussions. The higher the estimate score, the more favorable the investor's outlook on Sphere Entertainment.
Sphere Entertainment Corporate Management
| Ray Casazza | Executive Administration | Profile | |
| Ari CFA | Financial Relations | Profile | |
| Mikyl Cordova | Executive Marketing | Profile | |
| Richard Constable | Executive Impact | Profile | |
| James Claffey | Executive Management | Profile |
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.