Sphere Entertainment Co. (SPHR)
NYSE: SPHR · IEX Real-Time Price · USD
37.34
-0.65 (-1.71%)
May 22, 2024, 4:00 PM EDT - Market closed

Sphere Entertainment Co. Statistics

Total Valuation

SPHR has a market cap or net worth of $1.32 billion. The enterprise value is $2.15 billion.

Market Cap 1.32B
Enterprise Value 2.15B

Important Dates

The last earnings date was Friday, May 10, 2024, before market open.

Earnings Date May 10, 2024
Ex-Dividend Date n/a

Share Statistics

SPHR has 35.33 million shares outstanding. The number of shares has increased by 1.99% in one year.

Shares Outstanding 35.33M
Shares Change (YoY) +1.99%
Shares Change (QoQ) +0.31%
Owned by Insiders (%) 5.82%
Owned by Institutions (%) 117.99%
Float 24.44M

Valuation Ratios

The trailing PE ratio is 3.39.

PE Ratio 3.39
Forward PE n/a
PS Ratio 7.02
Forward PS 1.14
PB Ratio 0.54
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 5.62
EV / Sales 11.46
EV / EBITDA 3.39
EV / EBIT 5.00
EV / FCF n/a

Financial Position

The company has a current ratio of 0.66, with a Debt / Equity ratio of 0.63.

Current Ratio 0.66
Quick Ratio 0.63
Debt / Equity 0.63
Debt / EBITDA 2.43
Debt / FCF n/a
Interest Coverage 8.12

Financial Efficiency

Return on equity (ROE) is 15.10% and return on invested capital (ROIC) is -12.39%.

Return on Equity (ROE) 15.10%
Return on Assets (ROA) 7.80%
Return on Capital (ROIC) -12.39%
Revenue Per Employee $170,757
Profits Per Employee $347,935
Employee Count 1,100
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

Income Tax -5.51M
Effective Tax Rate -1.46%

Stock Price Statistics

The stock price has increased by +50.44% in the last 52 weeks. The beta is 1.46, so SPHR's price volatility has been higher than the market average.

Beta (1Y) 1.46
52-Week Price Change +50.44%
50-Day Moving Average 42.56
200-Day Moving Average 37.97
Relative Strength Index (RSI) 39.76
Average Volume (30 Days) 717,679

Short Selling Information

The latest short interest is 6.83 million, so 19.33% of the outstanding shares have been sold short.

Short Interest 6.83M
Short Previous Month 6.06M
Short % of Shares Out 19.33%
Short % of Float 27.94%
Short Ratio (days to cover) 10.00

Income Statement

In the last 12 months, SPHR had revenue of $187.83 million and earned $382.73 million in profits. Earnings per share was $11.03.

Revenue 187.83M
Gross Profit 106.25M
Operating Income -486.50M
Pretax Income 377.22M
Net Income 382.73M
EBITDA 634.90M
EBIT 430.17M
Earnings Per Share (EPS) $11.03
Full Income Statement

Balance Sheet

The company has $707.14 million in cash and $1.54 billion in debt, giving a net cash position of -$832.86 million or -$23.58 per share.

Cash & Cash Equivalents 707.14M
Total Debt 1.54B
Net Cash -832.86M
Net Cash Per Share -$23.58
Equity / Book Value 2.44B
Book Value Per Share 69.17
Working Capital -482.55M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $68.55 million and capital expenditures -$544.40 million, giving a free cash flow of -$475.86 million.

Operating Cash Flow 68.55M
Capital Expenditures -544.40M
Free Cash Flow -475.86M
FCF Per Share -$13.44
Full Cash Flow Statement

Margins

Gross margin is 56.57%, with operating and profit margins of -259.01% and 203.76%.

Gross Margin 56.57%
Operating Margin -259.01%
Pretax Margin 200.83%
Profit Margin 203.76%
EBITDA Margin 338.01%
EBIT Margin 229.02%
FCF Margin -253.34%

Dividends & Yields

SPHR does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -1.99%
Shareholder Yield -1.99%
Earnings Yield 29.01%
FCF Yield -36.07%
Dividend Details

Analyst Forecast

The average price target for SPHR is $35.60, which is -4.66% lower than the current price. The consensus rating is "Hold".

Price Target $35.60
Price Target Difference -4.66%
Analyst Consensus Hold
Analyst Count 7
Revenue Growth Forecast (5Y) 26.08%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on April 21, 2023. It was a forward split with a ratio of 2165:1000.

Last Split Date Apr 21, 2023
Split Type Forward
Split Ratio 2165:1000

Scores

SPHR has an Altman Z-Score of 0.55 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.55
Piotroski F-Score 5