Sphere Entertainment (SPHR) vs. The Competition Head to Head Comparison

Sphere Entertainment (NYSE:SPHR) is one of 185 publicly-traded companies in the “Entertainment” 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 valuation, earnings, risk, dividends, analyst recommendations, institutional ownership and profitability.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Sphere Entertainment and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Sphere Entertainment	1	2	11	0	2.71
Sphere Entertainment Competitors	1903	4563	9692	258	2.51

Sphere Entertainment currently has a consensus price target of $156.60, indicating a potential upside of 24.45%. As a group, “Entertainment” companies have a potential upside of 14.32%. Given Sphere Entertainment’s stronger consensus rating and higher possible upside, equities analysts plainly believe Sphere Entertainment is more favorable than its peers.

Institutional & Insider Ownership

92.0% of Sphere Entertainment shares are owned by institutional investors. Comparatively, 36.0% of shares of all “Entertainment” companies are owned by institutional investors. 22.1% of Sphere Entertainment shares are owned by insiders. Comparatively, 24.5% of shares of all “Entertainment” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Risk & Volatility

Sphere Entertainment has a beta of 1.72, meaning that its share price is 72% more volatile than the S&P 500. Comparatively, Sphere Entertainment’s peers have a beta of 1.00, meaning that their average share price is 0% 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	-11.60%	-0.78%	-0.42%
Sphere Entertainment Competitors	10.16%	-30.94%	-2.61%

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Sphere Entertainment	$1.37 billion	$33.40 million	-26.66
Sphere Entertainment Competitors	$9.94 billion	$67.95 million	3.17

Sphere Entertainment’s peers have higher revenue and earnings than Sphere Entertainment. 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 beats its peers on 7 of the 13 factors compared.

About Sphere Entertainment

Sphere Entertainment Co. is a live entertainment and media company whose businesses include Sphere and MSG Networks. Sphere is a large-scale venue in Las Vegas designed for concerts, films and other events, featuring immersive visuals and sound. The company also operates Sphere Studios, which develops content and technology for the venue and other applications. MSG Networks operates regional sports and entertainment networks serving viewers in the New York metropolitan area. Its programming includes live coverage of professional sports, as well as news and other original content, with related streaming services also available to consumers.