Institutional & Insider Ownership
96.9% of Sphere Entertainment shares are owned by institutional investors. Comparatively, 18.5% of Clover Leaf Capital shares are owned by institutional investors. 17.9% of Sphere Entertainment shares are owned by company insiders. Comparatively, 81.2% of Clover Leaf Capital shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Valuation and Earnings
This table compares Sphere Entertainment and Clover Leaf Capital”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Sphere Entertainment | $959.27 million | 1.82 | $144.30 million | $3.66 | 9.93 |
Clover Leaf Capital | N/A | N/A | -$1.05 million | ($0.23) | -54.22 |
Sphere Entertainment has higher revenue and earnings than Clover Leaf Capital. Clover Leaf Capital is trading at a lower price-to-earnings ratio than Sphere Entertainment, indicating that it is currently the more affordable of the two stocks.
Risk & Volatility
Profitability
This table compares Sphere Entertainment and Clover Leaf Capital’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Sphere Entertainment | 18.38% | -261.70% | 11.63% |
Clover Leaf Capital | N/A | N/A | -9.57% |
Summary
Sphere Entertainment beats Clover Leaf Capital on 7 of the 10 factors compared between the two stocks.
About Sphere Entertainment
Sphere Entertainment Co. is a premier live entertainment and media company. The Company includes Sphere, a next-generation entertainment medium powered by cutting-edge technologies to redefine the future of entertainment. The first Sphere venue opened in Las Vegas in September 2023. In addition, the Company includes MSG Networks, which operates two regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as a direct-to-consumer and authenticated streaming product, MSG+, delivering a wide range of live sports content and other programming. More information is available at www.sphereentertainmentco.com.
About Clover Leaf Capital
Clover Leaf Capital Corp. does not have significant operations. The company focuses on effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, and other business combination with one or more businesses. It intends to acquire companies operating in the cannabis industry. The company was incorporated in 2021 and is based in Miami, Florida.
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