Market Insight: Sphere Entertainment Co (SPHR)’s Notable Drop, Closing at 27.94

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

In the latest session, Sphere Entertainment Co (NYSE: SPHR) closed at $27.94 down -0.43% from its previous closing price of $28.06. In other words, the price has decreased by -$0.43 from its previous closing price. On the day, 0.6 million shares were traded.

Ratios:

For a deeper understanding of Sphere Entertainment Co’s stock, let’s take a closer look at its various 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.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Susquehanna on April 28, 2025, initiated with a Positive rating and assigned the stock a target price of $37.

On October 02, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $60.

The Benchmark Company Downgraded its Hold to Sell on September 03, 2024, while the target price for the stock was maintained at $40.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 0.45.

Stock Price History:

Over the past 52 weeks, SPHR has reached a high of $50.88, while it has fallen to a 52-week low of $23.89. The 50-Day Moving Average of the stock is -11.84%, while the 200-Day Moving Average is calculated to be -30.56%.

Shares Statistics:

A total of 28.96M shares are outstanding, with a floating share count of 27.31M. Insiders hold about 24.13% of the company’s shares, while institutions hold 100.45% stake in the company.

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