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Sphere Entertainment Co (NYSE: SPHR) closed the day trading at $26.50 down -2.18% from the previous closing price of $27.09. In other words, the price has decreased by -$2.18 from its previous closing price. On the day, 1.19 million shares were traded. SPHR stock price reached its highest trading level at $28.11 during the session, while it also had its lowest trading level at $26.1.
Ratios:
For a better understanding of SPHR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.29.
On September 03, 2024, The Benchmark Company Downgraded its rating to Sell which previously was Hold but kept the price unchanged to $40.
JP Morgan Upgraded its Neutral to Overweight on August 16, 2024, whereas the target price for the stock was revised from $37 to $57.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 10 ’25 when Charles F. Dolan 2009 Revocabl sold 55,385 shares for $33.80 per share. The transaction valued at 1,871,749 led to the insider holds 0 shares of the business.
The Charles F. Dolan 2009 Revo bought 55,385 shares of SPHR for $1,929,060 on Mar 10 ’25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SPHR now has a Market Capitalization of 949412864 and an Enterprise Value of 1907864064. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 1.779 whereas that against EBITDA is -32.125.
Stock Price History:
The Beta on a monthly basis for SPHR is 1.53, which has changed by -0.34937394 over the last 52 weeks, in comparison to a change of 0.07019031 over the same period for the S&P500. Over the past 52 weeks, SPHR has reached a high of $50.88, while it has fallen to a 52-week low of $24.77. The 50-Day Moving Average of the stock is -29.09%, while the 200-Day Moving Average is calculated to be -35.59%.
Shares Statistics:
Over the past 3-months, SPHR traded about 874.17K shares per day on average, while over the past 10 days, SPHR traded about 1226820 shares per day. A total of 28.96M shares are outstanding, with a floating share count of 27.10M. Insiders hold about 24.36% of the company’s shares, while institutions hold 100.84% stake in the company. Shares short for SPHR as of 1743379200 were 8206127 with a Short Ratio of 9.39, compared to 1740700800 on 8167960. Therefore, it implies a Short% of Shares Outstanding of 8206127 and a Short% of Float of 43.25.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
