On Monday, Sphere Entertainment Co (NYSE: SPHR) was -3.95% drop from the session before settling in for the closing price of $40.29. A 52-week range for SPHR has been $23.89 – $50.88.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Communication Services Sector giant saw their annual sales slid by -50.11% over the last five years. With a float of $27.43 million, this company’s outstanding shares have now reached $29.13 million.
The firm has a total of 970 workers. Let’s measure their productivity. In terms of profitability, gross margin is 28.42%, operating margin of -44.06%, and the pretax margin is -55.71%.
Sphere Entertainment Co (SPHR) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sphere Entertainment Co stocks. The insider ownership of Sphere Entertainment Co is 23.82%, while institutional ownership is 100.30%. The most recent insider transaction that took place on Mar 10 ’25, was worth 1,871,749. In this transaction Member of 13(d) Group of this company sold 55,385 shares at a rate of $33.80, taking the stock ownership to the 0 shares. Before that another transaction happened on Mar 10 ’25, when Company’s Other proposed sale 55,385 for $34.83, making the entire transaction worth $1,929,060.
Sphere Entertainment Co (SPHR) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 3/31/2024, it has been observed that the corporation posted -0.87 earnings per share (EPS) during the time that was less than consensus figure (set at 0.51) by -1.38. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.83 per share during the current fiscal year.
#####
Sphere Entertainment Co (NYSE: SPHR) Trading Performance Indicators
You can see what Sphere Entertainment Co (SPHR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.53, a number that is poised to hit 0.18 in the next quarter
Technical Analysis of Sphere Entertainment Co (SPHR)
Analysing the last 5-days average volume posted by the [Sphere Entertainment Co, SPHR], we can find that recorded value of 1.01 million was better than the volume posted last year of 0.81 million. As of the previous 9 days, the stock’s Stochastic %D was 12.36%.
During the past 100 days, Sphere Entertainment Co’s (SPHR) raw stochastic average was set at 62.78%, which indicates a significant increase from 5.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.10 in the past 14 days, which was higher than the 1.68 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.45, while its 200-day Moving Average is $38.91. Now, the first resistance to watch is $43.22. This is followed by the second major resistance level at $47.73. The third major resistance level sits at $50.22. If the price goes on to break the first support level at $36.22, it is likely to go to the next support level at $33.73. Should the price break the second support level, the third support level stands at $29.22.
Sphere Entertainment Co (NYSE: SPHR) Key Stats
There are 35,793K outstanding shares of the company, which has a market capitalization of 1.39 billion. As of now, sales total 1,027 M while income totals -200,650 K. Its latest quarter income was 280,570 K while its last quarter net income were -81,950 K.
