AMC Entertainment (NYSE:AMC) versus Sphere Entertainment (NYSE:SPHR) Financial Analysis

AMC Entertainment (NYSE:AMC – Get Free Report) and Sphere Entertainment (NYSE:SPHR – Get Free Report) are both mid-cap communication services companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, risk, dividends, institutional ownership, analyst recommendations, profitability and earnings.

Profitability

This table compares AMC Entertainment and Sphere Entertainment’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
AMC Entertainment -10.59% N/A -3.71%
Sphere Entertainment -6.19% -1.38% -0.74%

Analyst Ratings

This is a summary of current ratings and recommmendations for AMC Entertainment and Sphere Entertainment, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AMC Entertainment 2 4 3 1 2.30
Sphere Entertainment 0 2 12 0 2.86

AMC Entertainment presently has a consensus target price of $2.67, suggesting a potential downside of 18.92%. Sphere Entertainment has a consensus target price of $166.00, suggesting a potential upside of 19.11%. Given Sphere Entertainment’s stronger consensus rating and higher probable upside, analysts plainly believe Sphere Entertainment is more favorable than AMC Entertainment.

Institutional & Insider Ownership

28.8% of AMC Entertainment shares are held by institutional investors. Comparatively, 92.0% of Sphere Entertainment shares are held by institutional investors. 0.6% of AMC Entertainment shares are held by insiders. Comparatively, 22.1% of Sphere Entertainment shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Risk & Volatility

AMC Entertainment has a beta of 2.01, suggesting that its share price is 101% more volatile than the S&P 500. Comparatively, Sphere Entertainment has a beta of 1.62, suggesting that its share price is 62% more volatile than the S&P 500.

Earnings & Valuation

This table compares AMC Entertainment and Sphere Entertainment”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
AMC Entertainment $4.85 billion 0.61 -$632.40 million ($1.07) -3.08
Sphere Entertainment $1.22 billion 4.10 $33.40 million ($2.68) -52.00

Sphere Entertainment has lower revenue, but higher earnings than AMC Entertainment. Sphere Entertainment is trading at a lower price-to-earnings ratio than AMC Entertainment, indicating that it is currently the more affordable of the two stocks.

Summary

Sphere Entertainment beats AMC Entertainment on 9 of the 15 factors compared between the two stocks.

About AMC Entertainment

(Get Free Report)

AMC Entertainment Holdings, Inc., through its subsidiaries, engages in the theatrical exhibition business. It owns, operates, or has interests in theatres in the United States and Europe. The company was founded in 1920 and is headquartered in Leawood, Kansas.

About Sphere Entertainment

(Get Free Report)

Sphere Entertainment Co. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre. The company also operates entertainment dining and nightlife venues markets under the Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia brand names. The company was formerly known as Madison Square Garden Entertainment Corp. and changed its name to Sphere Entertainment Co. in April 2023. Sphere Entertainment Co. was founded in 2006 and is based in New York, New York.

Receive News & Ratings for AMC Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMC Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.