Face-to-face investigation: Madison Square Garden Entertainment (MSGE) and its rivals

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Madison Square Garden Entertainment (NYSE:MSGE – Get Rating) is one of 33 publicly traded companies in the “amusement and leisure services” sector, but how does it stack up against its competitors? We’ll compare Madison Square Garden Entertainment to similar companies based on valuation strength, earnings, risk, profitability, dividends, analyst recommendations and institutional ownership.

Benefits and evaluation

This table compares the revenue, earnings per share, and valuation of Madison Square Garden Entertainment and its competitors.

Gross revenue Net revenue Price/earnings ratio
Entertainment at Madison Square Garden $180.40 million -$377.19 million -8.46
Entertainment contestants at Madison Square Garden $996.05 million -74.95 million dollars 56.59

Madison Square Garden Entertainment’s competitors have higher revenues and profits than Madison Square Garden Entertainment. Madison Square Garden Entertainment trades 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 the net margins, return on equity and return on assets of Madison Square Garden Entertainment and its competitors.

Net margins Return on equity return on assets
Entertainment at Madison Square Garden -16.04% -9.60% -4.10%
Entertainment contestants at Madison Square Garden -2,737.81% -1.13% -206.04%

Institutional and Insider Ownership

73.1% of Madison Square Garden Entertainment shares are held by institutional investors. In comparison, 33.1% of the shares of all “Amusement and Leisure Services” companies are held by institutional investors. 24.6% of Madison Square Garden Entertainment stock is held by insiders. By comparison, 27.3% of the shares of all Amusement and Leisure Services companies are held by insiders. Strong institutional ownership indicates that large fund managers, hedge funds, and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Madison Square Garden Entertainment and its competitors, as reported by MarketBeat.com.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
Entertainment at Madison Square Garden 1 2 1 0 2.00
Entertainment contestants at Madison Square Garden 73 273 384 ten 2.45

Madison Square Garden Entertainment currently has a consensus target price of $83.00, suggesting a potential upside of 24.87%. As a group, “amusement and recreation services” companies have an upside potential of 58.43%. Since Madison Square Garden Entertainment’s competitors have a higher consensus rating and higher likely upside, analysts clearly believe that Madison Square Garden Entertainment has less favorable growth aspects than its competitors.

Volatility and risk

Madison Square Garden Entertainment has a beta of 1.06, indicating that its stock price is 6% more volatile than the S&P 500. Comparatively, Madison Square Garden Entertainment’s competitors have a beta of -0.33, which which indicates that their average price is 133% less volatile. than the S&P 500.

Summary

Madison Square Garden Entertainment competitors beat Madison Square Garden Entertainment on 9 of the 13 factors compared.

About Madison Square Garden Entertainment (Get an assessment)

Madison Square Garden Entertainment Corp. is active in the entertainment sector. It produces, presents or hosts various live entertainment events, including concerts, family shows and special events, as well as sporting events, such as professional boxing, college basketball and hockey, horse riding professional bullfighting, mixed martial arts, electronic sports and wrestling. at its venues, including Madison Square Garden, the Hulu Theater at Madison Square Garden, Radio City Music Hall and Beacon Theater, and the Chicago Theater. The company also operates 61 dining and nightlife venues spanning 23 markets across five continents under the Tao, Marquee, Lavo, Beauty & Essex, Cathedral, Hakkasan and Omnia brands; and creates and operates New England’s premier music festival. In addition, he features the Radio City Rockettes, who headline his Christmas Spectacular at Radio City Music Hall. The company was founded in 2006 and is based in New York, New York.



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