Alert: Negative Investment/Fundamental Signals (6/18/24)-Madison Square Garden Sports Cor (NYSE: MSGS)

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Madison Square Garden Sports Cor (NYSE: MSGS) suffers from meaningful negative changes in fundamentals: the stock’s power rating fell below 50, the consensus estimate for June, 2024 decreased significantly, and the consensus estimate for June, 2025 decreased significantly.

Recent notable negative changes in investment behavior have affected Madison Square Garden Sports Cor (NYSE: MSGS): its shorter term price trend turned down.

The stock is currently unrated.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, MSGS is expected to be a major Value Eraser.

Madison Square Garden Sports Cor is currently unrated.

Recent Price Action

Madison Square Garden Sports Cor (NYSE: MSGS) stock rose modestly by 0.5% on 6/18/24. The stock closed at $182.34. However, trading volume in this advance was below average at 73% of normal. The stock has performed in line with the market over the last nine months and has declined -2.2% during the last week.

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