Sacks Parente Golf, Stock Today

SPGC Stock   1.63  0.01  0.62%   

Performance

0 of 100

 
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Odds Of Distress

Less than 22

 
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Low
Sacks Parente is trading at 1.63 as of the 1st of December 2024, a 0.62 percent up since the beginning of the trading day. The stock's open price was 1.62. Sacks Parente has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Sacks Parente Golf, are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
15th of August 2023
Category
Consumer Cyclical
Classification
Consumer Discretionary
Sacks Parente is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 1.83 M outstanding shares of which 21.92 K shares are at this time shorted by private and institutional investors with about 0.19 trading days to cover. More on Sacks Parente Golf,

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Sacks Stock Highlights

Executive ChairmanGreg Campbell
Thematic IdeaRecreation (View all Themes)
Business ConcentrationLeisure Products, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, Recreation, Consumer Discretionary, Leisure Products, Consumer Durables & Apparel, Consumer Discretionary (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.05190.0546
Notably Down
Slightly volatile
Gross Profit Margin0.540.3496
Way Up
Slightly volatile
Total Current Liabilities451.2 K475 K
Notably Down
Pretty Stable
Non Current Liabilities Total122.5 K129 K
Notably Down
Slightly volatile
Total Assets6.7 M6.4 M
Sufficiently Up
Slightly volatile
Total Current Assets6.1 M5.8 M
Sufficiently Up
Slightly volatile
Sacks Parente can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sacks Parente's financial leverage. It provides some insight into what part of Sacks Parente's total assets is financed by creditors.
Liquidity
Sacks Parente Golf, currently holds 65 K in liabilities. Note, when we think about Sacks Parente's use of debt, we should always consider it together with its cash and equity.

Change In Cash

5.43 Million
Sacks Parente Golf, (SPGC) is traded on NASDAQ Exchange in USA. It is located in 551 Calle San Pablo, Camarillo, CA, United States, 93012 and employs 18 people. Sacks Parente is listed under Leisure Products category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.98 M. Sacks Parente Golf, conducts business under Leisure Products sector and is part of Consumer Discretionary industry. The entity has 1.83 M outstanding shares of which 21.92 K shares are at this time shorted by private and institutional investors with about 0.19 trading days to cover. Sacks Parente generates negative cash flow from operations
Check Sacks Parente Probability Of Bankruptcy
Ownership Allocation
Sacks Parente Golf, has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 60.14 % of Sacks Parente outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event.
Check Sacks Ownership Details

Sacks Parente Historical Income Statement

At present, Sacks Parente's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling And Marketing Expenses is expected to grow to about 1.4 M, whereas Depreciation And Amortization is forecasted to decline to about 55.1 K. View More Fundamentals

Sacks Stock Against Markets

Sacks Parente Corporate Management

Scott WhiteChief OfficerProfile
Angelo PapadourakisExecutive DistributionProfile
Michael FerrisChief OfficerProfile
Douglas CPAChief OfficerProfile
When determining whether Sacks Parente Golf, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sacks Parente's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sacks Parente Golf, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sacks Parente Golf, Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sacks Parente Golf,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Leisure Products space 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 Sacks Parente. If investors know Sacks 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 Sacks Parente listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.70)
Revenue Per Share
0.973
Quarterly Revenue Growth
16.298
Return On Assets
(1.41)
Return On Equity
(17.71)
The market value of Sacks Parente Golf, is measured differently than its book value, which is the value of Sacks that is recorded on the company's balance sheet. Investors also form their own opinion of Sacks Parente's value that differs from its market value or its book value, called intrinsic value, which is Sacks Parente'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 Sacks Parente's market value can be influenced by many factors that don't directly affect Sacks Parente'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 Sacks Parente's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sacks Parente is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sacks Parente'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.