Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Sphere Entertainment Co (NYSE: SPHR) closed at $26.01 down -4.27% from its previous closing price of $27.17. In other words, the price has decreased by -$4.27 from its previous closing price. On the day, 0.98 million shares were traded. SPHR stock price reached its highest trading level at $28.92 during the session, while it also had its lowest trading level at $25.84.
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.
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:
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:
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 931857664 and an Enterprise Value of 1915746048. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at 1.786 whereas that against EBITDA is -32.258.
Stock Price History:
The Beta on a monthly basis for SPHR is 1.50, which has changed by -0.41838104 over the last 52 weeks, in comparison to a change of -0.034466684 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 -32.93%, while the 200-Day Moving Average is calculated to be -36.95%.
Shares Statistics:
For the past three months, SPHR has traded an average of 839.65K shares per day and 1038250 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 100.82% stake in the company. Shares short for SPHR as of 1741910400 were 7658823 with a Short Ratio of 9.12, 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
