Contrasting Sacks Parente Golf (SPGC) and Its Rivals

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

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 summary of recent ratings and price targets for Sacks Parente Golf and its peers, as provided by MarketBeat.

	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.

Institutional and Insider 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 company insiders. Comparatively, 20.2% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Earnings and 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	$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.

Volatility & Risk

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 peers have a beta of 1.51, indicating that their average share price is 51% more volatile than the S&P 500.

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.