Shares Outstanding Shares Outstanding n/a Close	36M
Shares Change (YoY) Shares Change (YoY) n/a Close	1.41%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	0.09%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	95.51%
Shares Floating Shares Floating n/a Close	33.89M
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	10,237
FTD / Avg. Volume FTD / Avg. Volume n/a Close	1.19%

Short Selling Information

The latest short interest is 7.73M, so 21.48% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	7.73M
Short % of Shares Out Short % of Shares Out n/a Close	21.48%
Short % of Float Short % of Float n/a Close	35.19%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	11.25

Valuation Ratios

The PE ratio is -6.09 and the forward PE ratio is -6.3. Sphere Entertainment's PEG ratio is 0.04.

PE Ratio PE Ratio n/a Close	-6.09
Forward PE Forward PE n/a Close	-6.3
PS Ratio PS Ratio n/a Close	1.19
Forward PS Forward PS n/a Close	0.9
PB Ratio PB Ratio n/a Close	0.51
P/FCF Ratio P/FCF Ratio n/a Close	-3.95
PEG Ratio PEG Ratio n/a Close	0.04

Financial Ratio History

Enterprise Valuation

Currently the Enterprise Value (EV) is not available for Sphere Entertainment.

EV / Sales EV / Sales n/a Close	n/a
EV / EBITDA EV / EBITDA n/a Close	n/a
EV / EBIT EV / EBIT n/a Close	n/a
EV / FCF EV / FCF n/a Close	n/a

Financial Position

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

Current Ratio Current Ratio n/a Close	0.63
Quick Ratio Quick Ratio n/a Close	0.62
Debt / Equity Debt / Equity n/a Close	0.63
Debt / EBITDA Debt / EBITDA n/a Close	-63.64
Debt / FCF Debt / FCF n/a Close	-4.91
Interest Coverage Interest Coverage n/a Close	-4.27

Financial Efficiency

Return on Equity is n/a and Return on Invested Capital is n/a.

Return on Equity Return on Equity n/a Close	n/a
Return on Assets Return on Assets n/a Close	n/a
Return on Invested Capital Return on Invested Capital n/a Close	n/a
Revenue Per Employee Revenue Per Employee n/a Close	$950,823.15
Profits Per Employee Profits Per Employee n/a Close	$-185,786.11
Employee Count Employee Count n/a Close	1,080
Asset Turnover Asset Turnover n/a Close	0.21
Inventory Turnover Inventory Turnover n/a Close	46.06

Taxes

Income Tax Income Tax n/a Close	-135.59M
Effective Tax Rate Effective Tax Rate n/a Close	37.64%

Stock Price Statistics

The stock price has increased by 14.27% in the last 52 weeks. The beta is 1.65, so Sphere Entertainment's price volatility has been higher than the market average.

Beta Beta n/a Close	1.65
52-Week Price Change 52-Week Price Change n/a Close	14.27%
50-Day Moving Average 50-Day Moving Average n/a Close	32.84
200-Day Moving Average 200-Day Moving Average n/a Close	39.2
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	62.93
Average Volume (20 Days) Average Volume (20 Days) n/a Close	858,315

Income Statement

In the last 12 months, Sphere Entertainment had revenue of 1.03B and earned -200.65M in profits. Earnings per share was -5.68.

Revenue Revenue n/a Close	1.03B
Gross Profit Gross Profit n/a Close	484.79M
Operating Income Operating Income n/a Close	-341.24M
Net Income Net Income n/a Close	-200.65M
EBITDA EBITDA n/a Close	-23.86M
EBIT EBIT n/a Close	-280.36M
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	-5.68

Full Income Statement

Balance Sheet

The company has 559.76M in cash and 1.52B in debt, giving a net cash position of -958.99M.

Cash & Cash Equivalents Cash & Cash Equivalents n/a Close	559.76M
Total Debt Total Debt n/a Close	1.52B
Net Cash Net Cash n/a Close	-958.99M
Retained Earnings Retained Earnings n/a Close	11.39M
Total Assets Total Assets n/a Close	4.45B
Working Capital Working Capital n/a Close	-645.99M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -19.66M and capital expenditures -289.75M, giving a free cash flow of -309.41M.

Operating Cash Flow Operating Cash Flow n/a Close	-19.66M
Capital Expenditures Capital Expenditures n/a Close	-289.75M
Free Cash Flow Free Cash Flow n/a Close	-309.41M
FCF Per Share FCF Per Share n/a Close	-8.76

Full Cash Flow Statement

Margins

Gross margin is 47.21%, with operating and profit margins of -33.23% and -19.54%.

Gross Margin Gross Margin n/a Close	47.21%
Operating Margin Operating Margin n/a Close	-33.23%
Pretax Margin Pretax Margin n/a Close	-35.08%
Profit Margin Profit Margin n/a Close	-19.54%
EBITDA Margin EBITDA Margin n/a Close	-2.32%
EBIT Margin EBIT Margin n/a Close	-33.23%
FCF Margin FCF Margin n/a Close	-30.13%

Dividends & Yields

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

Dividend Per Share Dividend Per Share n/a Close	n/a
Dividend Yield Dividend Yield n/a Close	n/a
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	n/a
Payout Ratio Payout Ratio n/a Close	n/a
Earnings Yield Earnings Yield n/a Close	n/a
FCF Yield FCF Yield n/a Close	n/a

Dividend Details

Analyst Forecast

The average price target for SPHR is $43, which is 9.1% higher than the current price. The consensus rating is "Buy".

Price Target Price Target n/a Close	$43
Price Target Difference Price Target Difference n/a Close	9.1%
Analyst Consensus Analyst Consensus n/a Close	Buy
Analyst Count Analyst Count n/a Close	9

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	n/a
Lynch Upside Lynch Upside n/a Close	n/a
Graham Number Graham Number n/a Close	n/a
Graham Upside Graham Upside n/a Close	n/a

Stock Splits

The last stock split was on Apr 21, 2023. It was a forward split with a ratio of 433:200.

Last Split Date Last Split Date n/a Close	Apr 21, 2023
Split Type Split Type n/a Close	forward
Split Ratio Split Ratio n/a Close	433:200

Scores

Altman Z-Score Altman Z-Score n/a Close	0.3
Piotroski F-Score Piotroski F-Score n/a Close	3