Analyzing Sacks Parente Golf (SPGC) & Its Rivals

Sacks Parente Golf (NASDAQ:SPGC) is one of 19 publicly-traded companies in the “Sporting & athletic goods, not elsewhere classified” industry, but how does it weigh in compared to its peers? We will compare Sacks Parente Golf to similar companies based on the strength of its analyst recommendations, dividends, earnings, valuation, institutional ownership, profitability and risk.

Risk & Volatility

Sacks Parente Golf has a beta of 3.16, suggesting that its stock price is 216% more volatile than the S&P 500. Comparatively, Sacks Parente Golf’s peers have a beta of 1.51, suggesting that their average stock price is 51% more volatile than the S&P 500.

Insider and Institutional Ownership

0.5% of Sacks Parente Golf shares are held by institutional investors. Comparatively, 49.9% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are held by institutional investors. 56.1% of Sacks Parente Golf shares are held by insiders. Comparatively, 20.2% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Sacks Parente Golf and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Sacks Parente Golf	-391.56%	-99.40%	-90.18%
Sacks Parente Golf Competitors	-83.71%	-164.79%	-26.14%

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Sacks Parente Golf and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Sacks Parente Golf	0	0	0	0	N/A
Sacks Parente Golf Competitors	76	504	740	8	2.51

As a group, “Sporting & athletic goods, not elsewhere classified” companies have a potential upside of 21.60%. Given Sacks Parente Golf’s peers higher possible upside, analysts plainly believe Sacks Parente Golf has less favorable growth aspects than its peers.

Earnings and Valuation

This table compares Sacks Parente Golf and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Sacks Parente Golf	$1.38 million	-$4.62 million	-0.46
Sacks Parente Golf Competitors	$3.01 billion	$70.67 million	17.54

Sacks Parente Golf’s peers have higher revenue and earnings than Sacks Parente Golf. Sacks Parente Golf 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

Sacks Parente Golf peers beat Sacks Parente Golf on 7 of the 10 factors compared.

About Sacks Parente Golf

Sacks Parente Golf, Inc., a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and through Club Champion Golf, as well as through mass merchants and corporate customers in the Americas, Asia, and Europe. The company was formerly known as Sacks Parente Golf Company, LLC and changed its name to Sacks Parente Golf, Inc. in March 2022. The company was incorporated in 2018 and is based in Camarillo, California.