Analyzing Sacks Parente Golf (SPGC) and Its Competitors

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

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Sacks Parente Golf	$350,000.00	-$4.62 million	-0.45
Sacks Parente Golf Competitors	$3.01 billion	$70.67 million	17.45

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.

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%

Volatility and Risk

Sacks Parente Golf has a beta of 3.16, indicating 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, indicating that their average stock price is 51% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent recommendations for Sacks Parente Golf and its peers, as provided 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	503	739	8	2.51

As a group, “Sporting & athletic goods, not elsewhere classified” companies have a potential upside of 23.75%. Given Sacks Parente Golf’s peers higher probable upside, analysts plainly believe Sacks Parente Golf has less favorable growth aspects than its peers.

Insider & Institutional Ownership

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

Summary

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

Sacks Parente Golf Company Profile

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.