Sacks Parente Golf, Inc. (SPGC) AI Stock Analysis

• Market Cap: $671.64K
• Dividend Yield: N/A
• Average Volume (3M): 39.50M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.34
• Revenue Growth: 840.00%
• EPS Growth: -29.73%
• Country: US
• Employees: 18
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Hotels, Lodging & Leisure
• EPS (TTM): -88.24
• Shares Outstanding: 297,184
• 10 Day Avg. Volume: 83,534,239
• 30 Day Avg. Volume: 39,502,488
• PEG Ratio: <0.01
• Price to Book (P/B): 0.09
• Price to Sales (P/S): 0.08
• P/FCF Ratio: -0.27
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 30 Underperform
• Price Target: ―

Sacks Parente Golf, Inc. faces significant financial challenges, with substantial losses and cash flow issues posing considerable risks. The technical analysis provides mixed signals, with potential downward pressure. Valuation metrics paint a bleak picture due to negative earnings and lack of dividends, making the stock unattractive to value investors.

Sacks Parente Golf, Inc. Business Overview & Revenue Model

Company Description

Sacks Parente Golf, Inc. is a technology-forward golf company, with a portfolio of golf products, including putting instruments, golf shafts, golf grips, and other golf-related products. The Company designs, manufactures and sells technology-forward, golf equipment. Its segments include golf putting instruments, golf shafts, and golf-related products. It designs golf products to fit golfers of all skill levels, amateur and professional. Its equipment includes putting instruments, golf shafts and grips. Its putting instruments are made of steel, aluminum, titanium alloys, carbon fiber, tungsten, and various other materials, including its magnesium face plate technologies. All of its products are sold under the SPG brand. It offers custom fitting programs online to help consumers find the fit for their personal specifications. In addition, it sells to corporate customers who want certain customizations of its golf equipment. Its products are sold in the Americas, Asia, and Europe.

How the Company Makes Money

Sacks Parente Golf, Inc. generates revenue through the sale of its golf equipment, primarily its signature putters, to both individual consumers and retail partners. The company's revenue streams include direct sales through its online platform and physical retail locations, as well as wholesale distribution to golf shops and sporting goods retailers. Additionally, SPGC may engage in partnerships with professional golfers to promote its products, enhancing brand visibility and driving sales. The company's focus on research and development helps maintain its competitive edge, allowing it to introduce innovative products that attract customers and sustain revenue growth.

Sacks Parente Golf, Inc. Financial Statement Overview

Summary

Sacks Parente Golf, Inc. is experiencing significant financial difficulties, marked by substantial losses and cash flow issues. While there are some improvements in revenue and balance sheet equity, the company's profitability and liquidity remain major concerns, posing risks to its financial stability.

Income Statement

The company's financials show a concerning trajectory. The TTM revenue growth is significant, but this is overshadowed by deeply negative net and EBIT margins, indicating a lack of profitability. The company's net income has worsened substantially over time, suggesting operational and financial challenges.

Balance Sheet

The balance sheet displays a low debt-to-equity ratio, which is a positive, but the equity ratio shows weak equity levels relative to assets. The company has maintained a positive shareholder equity despite past negative figures, indicating some improvement, though overall stability remains low.

Cash Flow

The cash flow statement reveals negative operating and free cash flows, with a troubling trend of increasing cash flow deficits. The negative free cash flow growth and high financing activities indicate potential liquidity issues and reliance on external funding.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.49M	349.00K	190.00K	200.00K	182.00K
	Gross Profit
1.39M	122.00K	80.00K	84.00K	141.00K
	EBIT
-5.46M	-4.63M	-2.87M	-294.00K	-473.00K
	EBITDA
-5.26M	-4.58M	-2.86M	-294.00K	-473.00K
	Net Income Common Stockholders
-5.25M	-4.63M	-3.50M	-302.00K	-479.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
100.00K	5.34M	147.00K	184.00K	100.00K
	Total Assets
0.00	6.39M	710.00K	263.00K	201.00K
	Total Debt
0.00	65.00K	944.00K	1.21M	953.00K
	Net Debt
100.00K	-5.27M	797.00K	1.02M	853.00K
	Total Liabilities
0.00	604.00K	2.59M	1.70M	1.36M
	Stockholders Equity
-1.16M	5.79M	-1.88M	-1.44M	-1.16M
Cash Flow		Free Cash Flow
-5.35M	-5.34M	-860.00K	-171.00K	-228.00K
	Operating Cash Flow
-4.70M	-5.05M	-785.00K	-171.00K	-228.00K
	Investing Cash Flow
-651.00K	-289.00K	-75.00K	0.00	0.00
	Financing Cash Flow
-129.98K	10.50M	847.00K	255.00K	316.00K

Sacks Parente Golf, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.26
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SPGC, the sentiment is Negative. The current price of 2.26 is below the 20-day moving average (MA) of 3.93, below the 50-day MA of 11.40, and below the 200-day MA of 67.98, indicating a bearish trend. The MACD of -3.45 indicates Negative momentum. The RSI at 34.81 is Neutral, neither overbought nor oversold. The STOCH value of 4.23 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SPGC.

Sacks Parente Golf, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GOLF	81 Outperform	$4.19B	19.78	27.15%	1.32%	2.07%	24.87%
ADDYY	73 Outperform	$40.21B	36.52	19.21%	1.00%	11.69%	632.93%
SKX	72 Outperform	$9.35B	15.04	14.67%	―	10.66%	9.44%
NKE	70 Outperform	$88.25B	19.89	31.93%	2.68%	-7.11%	-12.12%
Sector *	62 Neutral	$6.76B	11.06	2.80%	6.66%	2.68%	-24.89%
MODG	54 Neutral	$1.53B	―	-46.00%	―	-1.74%	-2020.38%
SPGC	30 Underperform	$671.64K	―	-102.97%	―	840.00%	-29.73%

Sacks Parente Golf, Inc. Corporate Events

Sacks Parente Golf Appoints New Chief Financial Officer

Sacks Parente Golf, Inc. has appointed Ryan Stearns as the new Chief Financial Officer, effective January 6, 2025. Mr. Stearns brings two decades of financial leadership experience across various sectors, enhancing the company’s executive team. His appointment includes a base salary and stock options, reflecting the company’s commitment to strategic financial management.