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Sphere Entertainment (SPHR)
NYSE:SPHR
RESEARCH TOOLSreports
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SPHR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$27.02 - $51.83
Previous Close$41.15
Volume239.10K
Average Volume (3M)853.20K
Market Cap
$1.47B
Enterprise Value$2.42B
Total Cash (Recent Filing)$553.22M
Total Debt (Recent Filing)$1.50B
Price to Earnings (P/E)―
Beta1.60
Next Earnings
Feb 06, 2025EPS Estimate
-$2.3Last Dividend Ex-Date
Apr 21, 2023Dividend YieldN/A
Share Statistics
EPS (TTM)-10.50
Shares Outstanding35,793,261
10 Day Avg. Volume974,392
30 Day Avg. Volume853,198
Standard Deviation0.17
R-Squared0.16
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.65
Price to Sales (P/S)1.31
Price to Cash Flow (P/CF)10.90
P/FCF Ratio23.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.13
Enterprise Value/Gross Profit5.05
Enterprise Value/Ebitda10.63
Forecast
1Y Price Target
$51.00Price Target Upside23.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Sphere Entertainment News
PremiumCompany Announcements
Sphere Entertainment Announces Leadership Change and Stockholder Meeting
PremiumCompany Announcements
Sphere Entertainment Co. Reports Strong Q1 Revenue GrowthBulls Say, Bears Say
Bulls Say
Global Expansion And PartnershipsThe Abu Dhabi deal represents execution on a broader capital light expansion strategy and supplemental high-margin revenues for SPHR.
International Franchise PartnershipsThere is confidence that the company will succeed in signing up international franchise partners, the potential upside from which is not believed to be reflected in the stock price.
Live Entertainment And Venue SuccessSphere has shown early signs of success in proving its core value propositions of being a more utilized, efficient and profitable venue relative to a traditional arena.
Bears Say
Debt ManagementThe 'workout' process for the $830mm Networks TL was extended, suggesting Sphere and lenders are trying to come to an agreement.
Revenue ForecastYear two of the Las Vegas Sphere has begun with a lower than expected revenue run-rate as the new 'V-U2' immersive show has underperformed.
Show PerformanceThe new show at the Las Vegas Sphere has underperformed expectations leading to lower estimates.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
SPHR FAQ
What was Sphere Entertainment’s price range in the past 12 months?
Sphere Entertainment lowest stock price was $27.02 and its highest was $51.83 in the past 12 months.
What is Sphere Entertainment’s market cap?
Currently, no data Available
When is Sphere Entertainment’s upcoming earnings report date?
Sphere Entertainment’s upcoming earnings report date is Feb 06, 2025 which is in 46 days.
How were Sphere Entertainment’s earnings last quarter?
Sphere Entertainment released its earnings results on Nov 12, 2024. The company reported -$2.95 earnings per share for the quarter, beating the consensus estimate of -$3.083 by $0.133.
Is Sphere Entertainment overvalued?
According to Wall Street analysts Sphere Entertainment’s price is currently Undervalued.
Does Sphere Entertainment pay dividends?
Sphere Entertainment pays a Notavailable dividend of $32.599 which represents an annual dividend yield of N/A. See more information on Sphere Entertainment dividends here
What is Sphere Entertainment’s EPS estimate?
Sphere Entertainment’s EPS estimate is -$2.3.
How many shares outstanding does Sphere Entertainment have?
Sphere Entertainment has 28,926,508 shares outstanding.
What happened to Sphere Entertainment’s price movement after its last earnings report?
Sphere Entertainment reported an EPS of -$2.95 in its last earnings report, beating expectations of -$3.083. Following the earnings report the stock price went down -6.973%.
Which hedge fund is a major shareholder of Sphere Entertainment?
Among the largest hedge funds holding Sphere Entertainment’s share is Ariel Investments LLC. It holds Sphere Entertainment’s shares valued at 236M.
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Sphere Entertainment Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$51.00 (23.94% Upside)
$51.00 (23.94% Upside)
Blogger Sentiment
Bullish
SPHR Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 947.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 1.1%
Last 30 Days ▲ 1.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
22.76%
12-Months-Change
Fundamentals
Return on Equity
-16.04%
Trailing 12-Months
Asset Growth
-5.59%
Trailing 12-Months
Company Description
Sphere Entertainment
Madison Square Garden Entertainment Corp is engaged in the entertainment business. The firm offers marquee entertainment content, popular dining and nightlife, and a premier music festival. The company's portfolio of venues includes Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall, the Beacon Theatre, the Forum in Inglewood, CA and The Chicago Theatre. The firm generates its revenue from ticket sales to its audiences for live events.
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SPHR Earnings Call
Q1 2024
0:00 / 0:00
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SPHR Stock 12 Month Forecast
Average Price Target
$51.00
▲(23.94% Upside)
Technical Analysis
Best Analysts Covering SPHR
1 Year
1 Year Success Rate
3/6 ratings generated profit
1 Year Average Return
+6.08%
reiterated a buy rating last month
Copying David Joyce's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +6.08% per trade.
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