Analyzing Sacks Parente Golf (SPGC) and Its Competitors

Sacks Parente Golf (NASDAQ:SPGC) is one of 18 public 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 similar businesses based on the strength of its profitability, institutional ownership, dividends, risk, valuation, analyst recommendations and earnings.

Volatility and Risk

Sacks Parente Golf has a beta of 2.64, suggesting that its share price is 164% more volatile than the S&P 500. Comparatively, Sacks Parente Golf’s competitors have a beta of 1.49, suggesting that their average share price is 49% more volatile than the S&P 500.

Insider & Institutional Ownership

0.5% of Sacks Parente Golf shares are owned by institutional investors. Comparatively, 46.7% 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, 22.0% of shares of all “Sporting & athletic goods, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Sacks Parente Golf	$350,000.00	-$4.62 million	-0.52
Sacks Parente Golf Competitors	$2.98 billion	$78.06 million	42.19

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.

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	-89.12%	-180.70%	-28.96%

Analyst Recommendations

This is a summary of recent recommendations for Sacks Parente Golf and its competitors, 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	75	480	719	8	2.51

As a group, “Sporting & athletic goods, not elsewhere classified” companies have a potential upside of 12.99%. Given Sacks Parente Golf’s competitors higher probable upside, analysts clearly believe Sacks Parente Golf has less favorable growth aspects than its competitors.

Summary

Sacks Parente Golf competitors 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.