Sphere Entertainment (SPHR) vs. Its Competitors Head-To-Head Comparison

Sphere Entertainment (NYSE:SPHR – Get Rating) is one of 35 public companies in the “Amusement & recreation services” industry, but how does it weigh in compared to its peers? We will compare Sphere Entertainment to similar companies based on the strength of its risk, earnings, valuation, analyst recommendations, institutional ownership, dividends and profitability.

Analyst Ratings

This is a breakdown of current ratings and price targets for Sphere Entertainment and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Sphere Entertainment	0	2	0	0	2.00
Sphere Entertainment Competitors	15	176	392	4	2.66

Sphere Entertainment currently has a consensus price target of $25.00, indicating a potential upside of 3.14%. As a group, “Amusement & recreation services” companies have a potential upside of 26.93%. Given Sphere Entertainment’s peers stronger consensus rating and higher possible upside, analysts clearly believe Sphere Entertainment has less favorable growth aspects than its peers.

Risk & Volatility

Sphere Entertainment has a beta of 1.26, indicating that its stock price is 26% more volatile than the S&P 500. Comparatively, Sphere Entertainment’s peers have a beta of 1.52, indicating that their average stock price is 52% more volatile than the S&P 500.

Profitability

This table compares Sphere Entertainment and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Sphere Entertainment	-7.20%	-3.21%	-1.12%
Sphere Entertainment Competitors	-1,580.85%	-100.98%	-261.73%

Institutional and Insider Ownership

73.3% of Sphere Entertainment shares are held by institutional investors. Comparatively, 30.4% of shares of all “Amusement & recreation services” companies are held by institutional investors. 24.6% of Sphere Entertainment shares are held by company insiders. Comparatively, 32.2% of shares of all “Amusement & recreation services” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Valuation & Earnings

This table compares Sphere Entertainment and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Sphere Entertainment	$1.72 billion	-$194.40 million	-6.08
Sphere Entertainment Competitors	$1.49 billion	-$4.14 million	2.11

Sphere Entertainment has higher revenue, but lower earnings than its peers. Sphere Entertainment is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

Sphere Entertainment peers beat Sphere Entertainment on 8 of the 13 factors compared.

Sphere Entertainment Company Profile

(Get Rating)

Madison Square Garden Entertainment Corp. provides entertainment experiences. The Company presents or hosts events in its diverse collection of venues: New York’s Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre; the Forum in Inglewood, CA and The Chicago Theatre. Also under the MSG Entertainment umbrella is Tao Group Hospitality, with entertainment dining and nightlife brands including Tao, Marquee, Lavo, Avenue, Beauty & Essex and Cath?drale. Madison Square Garden Entertainment Corp. is based in NEW YORK.