Sphere Entertainment (SPHR) and Its Peers Critical Comparison

Sphere Entertainment (NYSE:SPHRGet Rating) is one of 35 publicly-traded companies in the “Amusement & recreation services” industry, but how does it weigh in compared to its rivals? We will compare Sphere Entertainment to related businesses based on the strength of its earnings, risk, institutional ownership, profitability, analyst recommendations, valuation and dividends.

Earnings & Valuation

This table compares Sphere Entertainment and its rivals revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Sphere Entertainment $1.72 billion -$194.40 million -6.16
Sphere Entertainment Competitors $1.49 billion -$4.14 million 2.03

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

Risk & Volatility

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

Insider and Institutional Ownership

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

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Sphere Entertainment and its rivals, as reported by MarketBeat.com.

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 presently has a consensus target price of $25.00, indicating a potential upside of 1.79%. As a group, “Amusement & recreation services” companies have a potential upside of 27.54%. Given Sphere Entertainment’s rivals stronger consensus rating and higher probable upside, analysts plainly believe Sphere Entertainment has less favorable growth aspects than its rivals.


This table compares Sphere Entertainment and its rivals’ 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%


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

About Sphere Entertainment

(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.

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