Madison Square Garden Entertainment Corp
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- Market Cap.:
- $1.58 billion
- Book Value:
- Revenue TTM:
- $851.50 million
- Operating Margin TTM:
- Gross Profit TTM:
- $372.64 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Madison Square Garden Entertainment Corp had its IPO on 2020-04-09 under the ticker symbol MSGE.
The company operates in the Consumer Cyclical sector and Leisure industry. Madison Square Garden Entertainment Corp has a staff strength of 5,820 employees.
Shares of Madison Square Garden Entertainment Corp opened at $32.18 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $32.08 - $32.73, and closed at $32.5.
This is a +0.56% increase from the previous day's closing price.
A total volume of 166,390 shares were traded at the close of the day’s session.
In the last one week, shares of Madison Square Garden Entertainment Corp have increased by +4.84%.
Madison Square Garden Entertainment Corp's Key Ratios
Madison Square Garden Entertainment Corp has a market cap of $1.58 billion, indicating a price to book ratio of 0.7972 and a price to sales ratio of 0.8031.
In the last 12-months Madison Square Garden Entertainment Corp’s revenue was $851.50 million with a gross profit of $372.64 million and an EBITDA of $167.94 million. The EBITDA ratio measures Madison Square Garden Entertainment Corp's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Madison Square Garden Entertainment Corp’s operating margin was 12.62% while its return on assets stood at 4.59% with a return of equity of 0.08%.
In Q2, Madison Square Garden Entertainment Corp’s quarterly earnings growth was a positive 328.7% while revenue growth was a negative 17%.
Madison Square Garden Entertainment Corp’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $1.48 per share while it has a forward price to earnings multiple of 28.2486 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Madison Square Garden Entertainment Corp’s profitability.
Madison Square Garden Entertainment Corp stock is trading at a EV to sales ratio of 1.814 and a EV to EBITDA ratio of -213.1042. Its price to sales ratio in the trailing 12-months stood at 0.8031.
Madison Square Garden Entertainment Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $1.40 billion
- Total Liabilities
- $540.64 million
- Operating Cash Flow
- Capital Expenditure
- $3.00 million
- Dividend Payout Ratio
Madison Square Garden Entertainment Corp ended 2023 with $1.40 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.40 billion while shareholder equity stood at $-69472000.00.
Madison Square Garden Entertainment Corp ended 2023 with $0 in deferred long-term liabilities, $540.64 million in other current liabilities, 519000.00 in common stock, $-28697000.00 in retained earnings and $69.04 million in goodwill. Its cash balance stood at $84.36 million and cash and short-term investments were $84.36 million. The company’s total short-term debt was $52,779,000 while long-term debt stood at $630.18 million.
Madison Square Garden Entertainment Corp’s total current assets stands at $295.28 million while long-term investments were $31.64 million and short-term investments were $0. Its net receivables were $133.36 million compared to accounts payable of $262.01 million and inventory worth $2.56 million.
In 2023, Madison Square Garden Entertainment Corp's operating cash flow was $0 while its capital expenditure stood at $3.00 million.
Comparatively, Madison Square Garden Entertainment Corp paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Madison Square Garden Entertainment Corp stock is currently trading at $32.5 per share. It touched a 52-week high of $62.79 and a 52-week low of $62.79. Analysts tracking the stock have a 12-month average target price of $41.2.
Its 50-day moving average was $33.09 and 200-day moving average was $42.52 The short ratio stood at 5.68 indicating a short percent outstanding of 0%.
Around 328% of the company’s stock are held by insiders while 3303% are held by institutions.
Frequently Asked Questions About Madison Square Garden Entertainment Corp
Similar Industry Stocks (Leisure)
Madison Square Garden Entertainment Corp. engages in live entertainment business. The company produces, presents, and hosts live entertainment events, including concerts, sports events, and other live events, such as family shows, performing arts events, and special events. Its operations include a collection of venues, the entertainment and sports bookings business, and the Christmas Spectacular Starring the Radio City Rockettes production. The company was incorporated in 2022 and is based in New York, New York.