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Sphere Entertainment Co. (SPHR)

(Delayed Data from NYSE)

$49.22 USD

49.22
1,580,506

+2.98 (6.44%)

Updated Aug 16, 2024 04:00 PM ET

After-Market: $49.99 +0.77 (1.56%) 5:32 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value C Growth D Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 28% (70 out of 251)

Industry: Media Conglomerates

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Balance Sheet

Research for SPHR

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Sphere Entertainment Co falls in the month of June.

All items in Millions except Per Share data.

6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020
Assets          
Cash & Equivalents -99,999 429 846 1,192 1,261
Receivables NA 139 249 122 80
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 56 123 98 85
Total Current Assets NA 624 1,219 1,412 1,427
Net Property & Equipment NA 3,307 2,939 2,099 1,646
Investments & Advances NA 395 44 46 53
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 475 728 313 289
Deposits & Other Assets NA 88 146 128 85
Total Assets NA 4,973 5,522 4,267 3,719
Liabilities & Shareholders Equity 6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020
Notes Payable NA 0 0 0 0
Accounts Payable NA 516 32 24 17
Current Portion Long-Term Debt NA 139 112 63 24
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 519 182 125
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 27 228 316 290
Total Current Liabilities NA 692 956 653 510
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 380 163 12 12
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 1,118 1,669 655 28
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 89 330 263 141
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 2,389 3,547 1,808 865
Shareholders Equity 6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 2,376 2,302 2,745 2,751
Retained Earnings NA 212 -291 -270 142
Other Equity NA -5 -36 -15 -40
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 2,584 1,975 2,460 2,854
Total Liabilities & Shareholder's Equity NA 4,973 5,522 4,267 3,719
Total Common Equity 0 2,584 1,975 2,460 2,854
Shares Outstanding 35.30 34.50 34.20 24.10 24.00
Book Value Per Share 0.00 74.89 57.76 102.06 118.91

Fiscal Year End for Sphere Entertainment Co falls in the month of June.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 694 628 452 429
Receivables NA 192 204 156 139
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 30 47 66 56
Total Current Assets NA 916 879 674 624
Net Property & Equipment NA 3,220 3,288 3,471 3,307
Investments & Advances NA 52 51 51 395
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 472 473 474 475
Deposits & Other Assets NA 99 106 105 88
Total Assets NA 4,869 4,883 4,865 4,973
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 423 392 428 516
Current Portion Long-Term Debt NA 881 914 131 139
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 77 78 71 27
Total Current Liabilities NA 1,399 1,399 643 692
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 255 272 286 380
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 522 521 1,098 1,118
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 116 90 89
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 2,425 2,418 2,229 2,389
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 2,392 2,366 2,368 2,376
Retained Earnings NA 58 105 278 212
Other Equity NA -7 -6 -11 -5
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 2,444 2,465 2,636 2,584
Total Liabilities & Shareholder's Equity NA 4,869 4,883 4,865 4,973
Total Common Equity 0 2,444 2,465 2,636 2,584
Shares Outstanding 35.30 35.10 35.10 34.60 34.50
Book Value Per Share 0.00 69.62 70.23 76.18 74.89