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After finishing at $25.11 in the prior trading day, Sphere Entertainment Co (NYSE: SPHR) closed at $25.38, up 1.08%. In other words, the price has increased by $1.08 from its previous closing price. On the day, 0.7 million shares were traded. SPHR stock price reached its highest trading level at $25.82 during the session, while it also had its lowest trading level at $24.75.
Ratios:
Our goal is to gain a better understanding of SPHR by taking a closer 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 909286720 and an Enterprise Value of 1867737984. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 1.742 whereas that against EBITDA is -31.45.
Stock Price History:
The Beta on a monthly basis for SPHR is 1.56, which has changed by -0.38754827 over the last 52 weeks, in comparison to a change of 0.05430484 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 $24.60. The 50-Day Moving Average of the stock is -29.79%, while the 200-Day Moving Average is calculated to be -38.10%.
Shares Statistics:
The stock has traded on average 886.02K shares per day over the past 3-months and 1107550 shares per day over the last 10 days, according to various share statistics. 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 101.24% stake in the company. Shares short for SPHR as of 1743379200 were 8206127 with a Short Ratio of 9.26, 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
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$1.74, with high estimates of -$1.64 and low estimates of -$1.86.
Analysts are recommending an EPS of between -$6.48 and -$10.24 for the fiscal current year, implying an average EPS of -$7.78. EPS for the following year is -$6.03, with 4.0 analysts recommending between -$5.52 and -$6.96.
Revenue Estimates
For the next quarter, 7 analysts are estimating revenue of $293.13M. There is a high estimate of $378.05M for the next quarter, whereas the lowest estimate is $271.25M.
Based on 7 analysts’ estimates, the company’s revenue will be $1.22B in the next fiscal year. The high estimate is $1.33B and the low estimate is $1.15B.
