Madison Square Garden Entertainment (NYSE:MSGE – Get Rating) is one of 33 public companies in the “Amusement & recreation services” industry, but how does it contrast to its peers? We will compare Madison Square Garden Entertainment to similar companies based on the strength of its institutional ownership, valuation, risk, analyst recommendations, earnings, dividends and profitability.
Earnings and Valuation
This table compares Madison Square Garden Entertainment and its peers revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Madison Square Garden Entertainment||$180.40 million||-$377.19 million||-8.34|
|Madison Square Garden Entertainment Competitors||$996.05 million||-$74.95 million||50.56|
This table compares Madison Square Garden Entertainment and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Madison Square Garden Entertainment||-16.04%||-9.60%||-4.10%|
|Madison Square Garden Entertainment Competitors||-2,737.81%||-1.13%||-206.04%|
Risk & Volatility
Madison Square Garden Entertainment has a beta of 1.06, suggesting that its stock price is 6% more volatile than the S&P 500. Comparatively, Madison Square Garden Entertainment’s peers have a beta of -0.33, suggesting that their average stock price is 133% less volatile than the S&P 500.
Insider & Institutional Ownership
73.1% of Madison Square Garden Entertainment shares are owned by institutional investors. Comparatively, 34.7% of shares of all “Amusement & recreation services” companies are owned by institutional investors. 24.6% of Madison Square Garden Entertainment shares are owned by company insiders. Comparatively, 25.2% of shares of all “Amusement & recreation services” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
This is a breakdown of recent ratings and recommmendations for Madison Square Garden Entertainment and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Madison Square Garden Entertainment||1||2||1||0||2.00|
|Madison Square Garden Entertainment Competitors||73||274||385||10||2.45|
Madison Square Garden Entertainment currently has a consensus price target of $83.00, suggesting a potential upside of 26.56%. As a group, “Amusement & recreation services” companies have a potential upside of 62.82%. Given Madison Square Garden Entertainment’s peers stronger consensus rating and higher possible upside, analysts clearly believe Madison Square Garden Entertainment has less favorable growth aspects than its peers.
Madison Square Garden Entertainment peers beat Madison Square Garden Entertainment on 9 of the 13 factors compared.
Madison Square Garden Entertainment Company Profile (Get Rating)
Madison Square Garden Entertainment Corp. engages in the entertainment business. 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, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre, and The Chicago Theatre. The company also operates 61 entertainment dining and nightlife venues spanning 23 markets across five continents under the Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia brand names; and creates and operates New England's premier music festival. In addition, it features the Radio City Rockettes, which serves as the star for its 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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