Critical Analysis: 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 contrast to its competitors? We will compare Sacks Parente Golf to related companies based on the strength of its valuation, profitability, analyst recommendations, institutional ownership, risk, earnings and dividends.

Earnings & Valuation

This table compares Sacks Parente Golf and its competitors top-line 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 competitors have higher revenue and earnings than Sacks Parente Golf. Sacks Parente Golf is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Risk and Volatility

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

Insider & 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 large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent recommendations for Sacks Parente Golf and its competitors, 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 competitors higher probable upside, analysts plainly believe Sacks Parente Golf has less favorable growth aspects than its competitors.

Profitability

This table compares Sacks Parente Golf and its competitors’ 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%

Summary

Sacks Parente Golf competitors 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.