Sphere Entertainment Co Stock Buy Hold or Sell Recommendation
| SPHR Stock | 39.26 2.00 4.85% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Sphere Entertainment Co is 'Hold'. Macroaxis provides Sphere Entertainment buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SPHR positions. The advice algorithm takes into account all of Sphere Entertainment's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Sphere Entertainment's buy or sell advice are summarized below:
Real Value 31.57 | Target Price 31.33 | Hype Value 39.31 | Market Value 39.26 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Sphere Entertainment Co given historical horizon and risk tolerance towards Sphere Entertainment. When Macroaxis issues a 'buy' or 'sell' recommendation for Sphere Entertainment Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
Sphere |
Execute Sphere Entertainment Buy or Sell Advice
The Sphere recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sphere Entertainment Co. Macroaxis does not own or have any residual interests in Sphere Entertainment Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sphere Entertainment's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Sphere Entertainment Trading Alerts and Improvement Suggestions
| Sphere Entertainment generated a negative expected return over the last 90 days | |
| Sphere Entertainment has high likelihood to experience some financial distress in the next 2 years | |
| Over 94.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Sphere Entertainment Co. Reports Significant Revenue Growth in Fiscal Q3 2024 |
Sphere Entertainment Returns Distribution Density
The distribution of Sphere Entertainment's historical returns is an attempt to chart the uncertainty of Sphere Entertainment's future price movements. The chart of the probability distribution of Sphere Entertainment daily returns describes the distribution of returns around its average expected value. We use Sphere Entertainment Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sphere Entertainment returns is essential to provide solid investment advice for Sphere Entertainment.
| Mean Return | 0.04 | Value At Risk | -4.45 | Potential Upside | 6.15 | Standard Deviation | 2.91 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sphere Entertainment historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Sphere Entertainment Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (167.8M) | 267.4M | (694.0M) | (416.9M) | (375.2M) | (356.4M) | |
| Free Cash Flow | (356.4M) | (741.6M) | (663.9M) | (905.4M) | (814.8M) | (774.1M) | |
| Depreciation | 104.9M | 114.7M | 124.6M | 103.4M | 118.9M | 119.6M | |
| Other Non Cash Items | (9.8M) | (34.3M) | 97.8M | (742.2M) | (668.0M) | (634.6M) | |
| Capital Expenditures | 452.4M | 452.2M | 805.2M | 1.1B | 1.2B | 1.3B | |
| Net Income | (14.7M) | (430.5M) | (190.1M) | 505.7M | 581.5M | 610.6M | |
| End Period Cash Flow | 924.3M | 1.2B | 846.0M | 429.1M | 386.2M | 366.9M | |
| Change To Inventory | (26.0M) | 12.9M | 42.6M | (117.3M) | (105.6M) | (100.3M) | |
| Investments | (389.7M) | (84.4M) | (804.2M) | 203.1M | 233.6M | 245.2M |
Sphere Entertainment Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Sphere Entertainment or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Sphere Entertainment's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Sphere stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.13 | |
β | Beta against NYSE Composite | 2.11 | |
σ | Overall volatility | 2.92 | |
Ir | Information ratio | -0.02 |
Sphere Entertainment Volatility Alert
Sphere Entertainment Co currently demonstrates below-average downside deviation. It has Information Ratio of -0.02 and Jensen Alpha of -0.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sphere Entertainment's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sphere Entertainment's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Sphere Entertainment Fundamentals Vs Peers
Comparing Sphere Entertainment's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Sphere Entertainment's direct or indirect competition across all of the common fundamentals between Sphere Entertainment and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sphere Entertainment or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Sphere Entertainment's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sphere Entertainment by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sphere Entertainment to competition |
| Fundamentals | Sphere Entertainment | Peer Average |
| Return On Equity | 0.0597 | -0.31 |
| Return On Asset | -0.031 | -0.14 |
| Profit Margin | 0.52 % | (1.27) % |
| Operating Margin | (0.13) % | (5.51) % |
| Current Valuation | 2.37 B | 16.62 B |
| Shares Outstanding | 28.27 M | 571.82 M |
| Shares Owned By Insiders | 5.86 % | 10.09 % |
| Shares Owned By Institutions | 94.14 % | 39.21 % |
| Number Of Shares Shorted | 6.4 M | 4.71 M |
| Price To Book | 0.60 X | 9.51 X |
| Price To Sales | 2.03 X | 11.42 X |
| Revenue | 573.83 M | 9.43 B |
| Gross Profit | 233.3 M | 27.38 B |
| EBITDA | 398.64 M | 3.9 B |
| Net Income | 505.68 M | 570.98 M |
| Total Debt | 1.32 B | 5.32 B |
| Book Value Per Share | 75.07 X | 1.93 K |
| Cash Flow From Operations | 153.59 M | 971.22 M |
| Short Ratio | 10.96 X | 4.00 X |
| Earnings Per Share | 4.04 X | 3.12 X |
| Target Price | 43.25 | |
| Number Of Employees | 690 | 18.84 K |
| Beta | 1.46 | -0.15 |
| Market Capitalization | 1.38 B | 19.03 B |
| Total Asset | 4.97 B | 29.47 B |
| Retained Earnings | 212.04 M | 9.33 B |
| Working Capital | (68.23 M) | 1.48 B |
| Net Asset | 4.97 B |
Note: Acquisition by Koester Jennifer of 56451 shares of Sphere Entertainment subject to Rule 16b-3 [view details]
Sphere Entertainment Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sphere . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 187262.0 | |||
| Daily Balance Of Power | (0.59) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 39.73 | |||
| Day Typical Price | 39.57 | |||
| Price Action Indicator | (1.47) | |||
| Period Momentum Indicator | (2.00) |
About Sphere Entertainment Buy or Sell Advice
When is the right time to buy or sell Sphere Entertainment Co? Buying financial instruments such as Sphere Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.1B | 1.3B | 1.5B | 887.5M | Total Assets | 5.5B | 5.0B | 5.7B | 4.8B |
Use Investing Ideas to Build Portfolios
In addition to having Sphere Entertainment in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Sphere Entertainment Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Sphere Entertainment information on this page should be used as a complementary analysis to other Sphere Entertainment's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Sphere Stock analysis
When running Sphere Entertainment's price analysis, check to measure Sphere Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sphere Entertainment is operating at the current time. Most of Sphere Entertainment's value examination focuses on studying past and present price action to predict the probability of Sphere Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere Entertainment's price. Additionally, you may evaluate how the addition of Sphere Entertainment to your portfolios can decrease your overall portfolio volatility.
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Is Sphere Entertainment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sphere Entertainment. If investors know Sphere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sphere Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 4.04 | Revenue Per Share 20.705 | Quarterly Revenue Growth 0.969 | Return On Assets (0.03) | Return On Equity 0.0597 |
The market value of Sphere Entertainment is measured differently than its book value, which is the value of Sphere that is recorded on the company's balance sheet. Investors also form their own opinion of Sphere Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Sphere Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sphere Entertainment's market value can be influenced by many factors that don't directly affect Sphere Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sphere Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sphere Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sphere Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.