Madison Square Garden Entertainment Corp (NYSE: MSGE) open the trading on Wednesday, with great promise as it jumped 4.26% to $43.32, before settling in for the price of $41.55 at the close. Taking a more long-term approach, MSGE posted a 52-week range of $27.55-$44.04.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
In the past 5-years timespan, the Consumer Cyclical sector firm’s annual sales growth was 163.93%. Meanwhile, its Annual Earning per share during the time was -6.13%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -40.47%. This publicly-traded company’s shares outstanding now amounts to $41.19 million, simultaneously with a float of $40.08 million. The organization now has a market capitalization sitting at $2.10 billion. At the time of writing, stock’s 50-day Moving Average stood at $41.69, while the 200-day Moving Average is $38.33.
Madison Square Garden Entertainment Corp (MSGE) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Leisure industry. Madison Square Garden Entertainment Corp’s current insider ownership accounts for 16.59%, in contrast to 85.38% institutional ownership. According to the most recent insider trade that took place on Sep 30 ’24, this organization’s EVP and Treasurer sold 6,000 shares at the rate of 42.43, making the entire transaction reach 254,580 in total value, affecting insider ownership by 12,192.
Madison Square Garden Entertainment Corp (MSGE) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.56 per share during the current fiscal year.
Madison Square Garden Entertainment Corp’s EPS decrease for this current 12-month fiscal period is -40.47% and is forecasted to reach 2.01 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -11.00% through the next 5 years, which can be compared against the -6.13% growth it accomplished over the previous five years trading on the market.
Madison Square Garden Entertainment Corp (NYSE: MSGE) Trading Performance Indicators
Let’s observe the current performance indicators for Madison Square Garden Entertainment Corp (MSGE). It’s Quick Ratio in the last reported quarter now stands at 0.43. The Stock has managed to achieve an average true range (ATR) of 1.08. Alongside those numbers, its PE Ratio stands at $14.11, and its Beta score is 0.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.19. Similarly, its price to free cash flow for trailing twelve months is now 24.11.
In the same vein, MSGE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.07, a figure that is expected to reach -0.79 in the next quarter, and analysts are predicting that it will be 2.01 at the market close of one year from today.
Technical Analysis of Madison Square Garden Entertainment Corp (MSGE)
[Madison Square Garden Entertainment Corp, MSGE] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 46.15% While, its Average True Range was 1.14.
Raw Stochastic average of Madison Square Garden Entertainment Corp (MSGE) in the period of the previous 100 days is set at 93.56%, which indicates a major rise in contrast to 80.74% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 26.21% that was higher than 25.22% volatility it exhibited in the past 100-days period.
