Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Sphere Entertainment Co (NYSE: SPHR) was $33.78 for the day, down -0.03% from the previous closing price of $33.79. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 0.65 million shares were traded. SPHR stock price reached its highest trading level at $34.2 during the session, while it also had its lowest trading level at $33.25.
Ratios:
Our analysis of SPHR’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1210594048 and an Enterprise Value of 2168684288. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at 2.022 whereas that against EBITDA is -36.517.
Stock Price History:
The Beta on a monthly basis for SPHR is 1.47, which has changed by -0.31285596 over the last 52 weeks, in comparison to a change of 0.08572841 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 $30.62. The 50-Day Moving Average of the stock is -17.08%, while the 200-Day Moving Average is calculated to be -18.52%.
Shares Statistics:
SPHR traded an average of 812.88K shares per day over the past three months and 755560 shares per day over the past ten days. 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 1741910400 were 7658823 with a Short Ratio of 9.42, compared to 1739491200 on 8217988. Therefore, it implies a Short% of Shares Outstanding of 7658823 and a Short% of Float of 40.37.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
