The stock of Sphere Entertainment Co (SPHR) has seen a -4.68% decrease in the past week, with a -10.94% drop in the past month, and a -8.06% decrease in the past quarter. The volatility ratio for the week is 5.85%, and the volatility levels for the past 30 days are at 4.31% for SPHR. The simple moving average for the last 20 days is -7.14% for SPHR stock, with a simple moving average of -2.57% for the last 200 days.
Is It Worth Investing in Sphere Entertainment Co (NYSE: SPHR) Right Now?
Moreover, the 36-month beta value for SPHR is 1.42. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 1 as “sell.”
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The public float for SPHR is 27.17M and currently, short sellers hold a 27.54% of that float. On November 13, 2024, SPHR’s average trading volume was 850.69K shares.
SPHR) stock’s latest price update
The stock of Sphere Entertainment Co (NYSE: SPHR) has decreased by -6.97 when compared to last closing price of 44.03. Despite this, the company has experienced a -4.68% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-12 that Sphere Entertainment Co. (NYSE:SPHR ) Q1 2025 Earnings Conference Call November 12, 2024 10:00 AM ET Company Participants Ari Danes – SVP, IR, Financial Communications & Treasury James Dolan – Executive Chairman & CEO David Byrnes – EVP, CFO & Treasurer David Granville-Smith – EVP Conference Call Participants Brandon Ross – Lateshed David Karnovsky – JPMorgan Peter Supino – Wolfe Research Daniel Duran – Morgan Stanley Peter Anderson – Bank of America Merrill Lynch David Joyce – Seaport Research Partners Operator Good morning, and thank you for standing by. Welcome to the Sphere Entertainment Company Fiscal 2025 First Quarter Earnings Conference Call.
Analysts’ Opinion of SPHR
Many brokerage firms have already submitted their reports for SPHR stocks, with Wolfe Research repeating the rating for SPHR by listing it as a “Outperform.” The predicted price for SPHR in the upcoming period, according to Wolfe Research is $60 based on the research report published on October 02, 2024 of the current year 2024.
The Benchmark Company, on the other hand, stated in their research note that they expect to see SPHR reach a price target of $40. The rating they have provided for SPHR stocks is “Sell” according to the report published on September 03rd, 2024.
JP Morgan gave a rating of “Overweight” to SPHR, setting the target price at $57 in the report published on August 16th of the current year.
SPHR Trading at -6.02% from the 50-Day Moving Average
After a stumble in the market that brought SPHR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.97% of loss for the given period.
Volatility was left at 4.31%, however, over the last 30 days, the volatility rate increased by 5.85%, as shares sank -16.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.06% lower at present.
During the last 5 trading sessions, SPHR fell by -4.68%, which changed the moving average for the period of 200-days by +16.53% in comparison to the 20-day moving average, which settled at $44.11. In addition, Sphere Entertainment Co saw 20.61% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SPHR starting from GREENBERG ANDREA, who sale 12,131 shares at the price of $51.00 back on Mar 08 ’24. After this action, GREENBERG ANDREA now owns 76,650 shares of Sphere Entertainment Co, valued at $618,694 using the latest closing price.
DOLAN JAMES LAWRENCE, the Executive Chairman / CEO of Sphere Entertainment Co, purchase 110,156 shares at $46.88 during a trade that took place back on Mar 04 ’24, which means that DOLAN JAMES LAWRENCE is holding 630,195 shares at $5,164,270 based on the most recent closing price.
Stock Fundamentals for SPHR
Current profitability levels for the company are sitting at:
- -0.33 for the present operating margin
- 0.31 for the gross margin
The net margin for Sphere Entertainment Co stands at -0.2. The total capital return value is set at -0.1. Equity return is now at value -8.99, with -4.44 for asset returns.
Based on Sphere Entertainment Co (SPHR), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at -0.01. The debt to equity ratio resting at 0.58. The interest coverage ratio of the stock is -3.2.
Currently, EBITDA for the company is -3.44 million with net debt to EBITDA at -16.9. When we switch over and look at the enterprise to sales, we see a ratio of 2.35. The receivables turnover for the company is 4.25for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.63.
Conclusion
To wrap up, the performance of Sphere Entertainment Co (SPHR) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
