Critical Contrast: Sphere Entertainment (NYSE:MSGE) versus Clover Leaf Capital (NASDAQ:CLOE)

Institutional and Insider Ownership

96.9% of Sphere Entertainment shares are held by institutional investors. Comparatively, 18.5% of Clover Leaf Capital shares are held by institutional investors. 17.9% of Sphere Entertainment shares are held by insiders. Comparatively, 81.2% of Clover Leaf Capital shares 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.

Valuation & Earnings

This table compares Sphere Entertainment and Clover Leaf Capital”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Sphere Entertainment	$955.77 million	1.77	$144.30 million	$3.66	9.60
Clover Leaf Capital	N/A	N/A	-$1.05 million	($0.23)	-54.22

Sphere Entertainment has higher revenue and earnings than Clover Leaf Capital. Clover Leaf Capital is trading at a lower price-to-earnings ratio than Sphere Entertainment, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Sphere Entertainment and Clover Leaf Capital’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Sphere Entertainment	18.38%	-261.70%	11.63%
Clover Leaf Capital	N/A	N/A	-9.57%

Volatility & Risk

Sphere Entertainment has a beta of 0.04, indicating that its share price is 96% less volatile than the S&P 500. Comparatively, Clover Leaf Capital has a beta of 0.07, indicating that its share price is 93% less volatile than the S&P 500.

Summary

Sphere Entertainment beats Clover Leaf Capital on 7 of the 10 factors compared between the two stocks.

About Sphere Entertainment

Sphere Entertainment Co. is a premier live entertainment and media company. The Company includes Sphere, a next-generation entertainment medium powered by cutting-edge technologies to redefine the future of entertainment. The first Sphere venue opened in Las Vegas in September 2023. In addition, the Company includes MSG Networks, which operates two regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as a direct-to-consumer and authenticated streaming product, MSG+, delivering a wide range of live sports content and other programming. More information is available at www.sphereentertainmentco.com.

About Clover Leaf Capital

Clover Leaf Capital Corp. does not have significant operations. The company focuses on effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, and other business combination with one or more businesses. It intends to acquire companies operating in the cannabis industry. The company was incorporated in 2021 and is based in Miami, Florida.