1 month ago - https://www.defenseworld.net

Madison Square Garden Entertainment (NYSE:MSGE – Get Free Report) and Six Flags Entertainment (NYSE:SIX – Get Free Report) are both consumer discretionary companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, valuation, risk, institutional ownership, earnings, analyst recommendations and dividends. Valuation and Earnings This table compares Madison Square Garden Entertainment and Six Flags Entertainment’s gross revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Madison Square Garden Entertainment $851.50 million 1.79 $76.60 million $1.18 31.42 Six Flags Entertainment $1.43 billion 1.52 $39.00 million $0.32 80.41 Madison Square Garden Entertainment has higher earnings, but lower revenue than Six Flags Entertainment. Madison Square Garden Entertainment is trading at a lower price-to-earnings ratio than Six Flags Entertainment, indicating that it is currently the more affordable of the two stocks. Analyst Recommendations This is a breakdown of recent ratings and recommmendations for Madison Square Garden Entertainment and Six Flags Entertainment, as provided by MarketBeat.com. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Madison Square Garden Entertainment 0 3 3 0 2.50 Six Flags Entertainment 2 3 7 0 2.42 Madison Square Garden Entertainment presently has a consensus target price of $39.83, suggesting a potential upside of 7.43%. Six Flags Entertainment has a consensus target price of $28.00, suggesting a potential upside of 8.82%. Given Six Flags Entertainment’s higher probable upside, analysts clearly believe Six Flags Entertainment is more favorable than Madison Square Garden Entertainment. Institutional & Insider Ownership 96.9% of Madison Square Garden Entertainment shares are owned by institutional investors. Comparatively, 98.0% of Six Flags Entertainment shares are owned by institutional investors. 18.7% of Madison Square Garden Entertainment shares are owned by insiders. Comparatively, 0.5% of Six Flags Entertainment shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth. Profitability This table compares Madison Square Garden Entertainment and Six Flags Entertainment’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Madison Square Garden Entertainment 5.74% -53.05% 4.72% Six Flags Entertainment 1.84% -6.61% 2.28% Summary Madison Square Garden Entertainment beats Six Flags Entertainment on 7 of the 13 factors compared between the two stocks. About Madison Square Garden Entertainment (Get Free Report) 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 formerly known as MSGE Spinco, Inc. Madison Square Garden Entertainment Corp. was incorporated in 2022 and is based in New York, New York. About Six Flags Entertainment (Get Free Report) Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company sells food, beverages, merchandise, and other products and services within its parks. It operates parks in the United States, Mexico, and Canada. The company was formerly known as Six Flags, Inc. and changed its name to Six Flags Entertainment Corporation in April 2010. Six Flags Entertainment Corporation was founded in 1961 and is based in Arlington, Texas.

1 month ago - seekingalpha.com

Madison Square Garden Entertainment Corp. (NYSE:MSGE ) Q3 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Ari Danes - Senior Vice President, Investor Relations & Treasury Mike Grau - Executive Vice President & Chief Financial Officer Phil D'Ambrosio - Executive Vice President & Treasurer Conference Call Participants Stephen Laszczyk - Goldman Sachs Daniel Duran - Morgan Stanley Peter Henderson - Bank of America David Karnovsky - JPMorgan Logan Angress - Wolfe Research Paul Golding - Macquarie Capital Operator Good morning. Thank you for standing by and welcome to the Madison Square Garden Entertainment Corporation Fiscal 2024 Third Quarter Earnings Conference Call.

1 month ago - prnewswire.com

FY24 Revenue Range Narrowed to $940-950 Million, as Compared to Prior Range of $930-950 Million  FY24 Operating Income Range Increased to $100-110 Million, Versus Prior $95-105 Million  FY24 AOI Range Increased to $200-210 Million, as Compared to $195-205 Million Previously (1) NEW YORK , May 9, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal third quarter ended March 31, 2024. The fiscal 2024 third quarter was highlighted by the continued strength of the Company's bookings business, led by robust growth in the number of concerts held at the Company's venues.

2 months ago - prnewswire.com

NEW YORK , May 2, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal third quarter ended March 31, 2024 on Thursday, May 9, 2024 at 10:00 a.m. Eastern Time.

2 months ago - seekingalpha.com

Madison Square Garden Entertainment is recommended as a buy due to strong growth outlook and visibility through FY24 and FY25. MSGE's recent results show revenue growth of 13% and strong adj. EBIT performance, validating expectations for FY24 estimates. Strong demand and high visibility into bookings, including record-breaking concerts and sold-out shows, support the positive outlook for MSGE.

3 months ago - zacks.com

Here is how Madison Square Garden Entertainment (MSGE) and Rush Street Interactive, Inc. (RSI) have performed compared to their sector so far this year.

3 months ago - zacks.com

Media Conglomerates like Disney (DIS), Paramount Global (PARA) and Madison Square Garden Entertainment (MSGE) are gaining from the rising demand for high-speed Internet and increased media consumption.

4 months ago - finbold.com

Following its separation from Madison Square Garden Entertainment Corp (NYSE: MSGE) in April 2023, Sphere Entertainment (NYSE: SPHR) appears to be thriving, with its stock surging by over 50% since the beginning of 2024.

4 months ago - zacks.com

Here is how Madison Square Garden Entertainment (MSGE) and Pactiv Evergreen Inc. (PTVE) have performed compared to their sector so far this year.

4 months ago - prnewswire.com

Earth Brands Products will be Available Throughout Arena, As Part of the Venue's Ongoing Commitment to Sustainability   NEW YORK , Feb. 28, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (MSG Entertainment) announced today that Earth Brands, the eco-conscious startup dedicated to combating single-use plastic products, has been named an Official Partner of Madison Square Garden. Earth Brands products, including Earth Cups and Earth Lids, will be used at all concession stands and hospitality spaces during all events at The Garden – both sporting events and live entertainment.

4 months ago - zacks.com

MSGE, AZEK, XRX, AMSC and SRTS have been added to the Zacks Rank #1 (Strong Buy) List on February 12, 2023.

4 months ago - seekingalpha.com

Madison Square Garden Entertainment Corp. (MSGE) Q2 2024 Earnings Call Transcript

5 months ago - prnewswire.com

FY24 Revenue Range Increased to $930-950 Million, a 10% Increase Year-Over-Year at Midpoint of Range FY24 Operating Income Range Increased to $95-105 Million and AOI Range Increased to $170-180 Million Record-Setting Revenues for Christmas Spectacular Production, With Over One Million Tickets Sold Bookings Business Remains On Track to Deliver Low Double-Digit Percentage Increase in Events in FY2024 NEW YORK , Feb. 7, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal second quarter ended December 31, 2023. The fiscal 2024 second quarter was highlighted by the Christmas Spectacular production's record-setting holiday season run and robust growth across the Company's bookings business.

5 months ago - prnewswire.com

Grau to Become Executive Vice President and Chief Financial Officer on April 1 NEW YORK , Feb. 5, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") today announced that Michael Grau, a seasoned leader with nearly 40 years of experience, will join the company on February 12 as Executive Vice President, Finance. Following a transition period, Mr.

5 months ago - prnewswire.com

NEW YORK , Feb. 1, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2023 on Wednesday, February 7, 2024 at 10:00 a.m. Eastern Time.

5 months ago - prnewswire.com

NEW YORK , Feb. 1, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") and Sphere Entertainment Co. (NYSE: SPHR) today announced that Laura Franco, an accomplished executive with more than 30 years of legal experience, has been named Executive Vice President and General Counsel for both companies, effective February 20. Ms. Franco will serve as both companies' chief legal officer, working closely with their respective leadership teams to support long-term direction and growth.

7 months ago - nypost.com

Hutcher filed an affirmation with a New York appellate court on Sept. 6 that walked back his previous claims that the ban on lawyers violates a civil rights law.

7 months ago - prnewswire.com

It's Beginning To Look A Lot Like Christmas In Las Vegas! The Radio City Rockettes Iconic Precision Choreography To Be Showcased In New Festive Activation  Featuring Dancing Wrapping 360 Degrees Around the Venue LAS VEGAS and NEW YORK ,  Nov. 28, 2023 /PRNewswire/ -- Sphere Entertainment Co. (NYSE: SPHR) ('Sphere Entertainment') and Madison Square Garden Entertainment Corp. (NYSE: MSGE) ('MSG Entertainment') announced today that the Radio City Rockettes, the stars of the beloved Christmas Spectacular Starring the Radio City Rockettes that runs annually at Radio City Music Hall in New York, will be featured daily throughout the holiday season on the Exosphere, the fully programmable LED exterior of Sphere in Las Vegas.

8 months ago - seekingalpha.com

Madison Square Garden Entertainment Corp. (NYSE:MSGE ) Q1 2024 Earnings Conference Call November 7, 2023 10:00 AM ET Company Participants Ari Danes – Senior Vice President, Investor Relations and Treasury Dave Byrnes – Executive Vice President and Chief Financial Officer Conference Call Participants Peter Supino – Wolfe Research Stephen Laszczyk – Goldman Sachs Brandon Ross – Lightshed Partners Ben Swinburne – Morgan Stanley David Karnovsky – J.P. Morgan Peter Henderson – Bank of America Operator Good morning.

8 months ago - prnewswire.com

Company Continues to See FY2024 Revenues of $900-930 Million and AOI of $160-$170 Million (1) Company Updates FY2024 Operating Income Range to $85-$95 Million (2) On Track to Deliver Low Double-Digit Percentage Increase in Bookings Events in FY2024 Due to Strong Demand, Two Shows Added to Upcoming Christmas Spectacular Run, Bringing Total to 187 Shows NEW YORK , Nov. 7, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal first quarter ended September 30, 2023. The fiscal 2024 first quarter marked the start of MSG Entertainment's first full fiscal year as a standalone public company.

8 months ago - newsfilecorp.com

New York, New York--(Newsfile Corp. - November 2, 2023) - Earth Brands, the eco-conscious startup dedicated to combating the use of single-use plastic products, announced today that it has successfully closed a $4M Series A round, bringing its total funding to date to over $6M. The NYC-based startup, founded in 2021 by Misha Medvedev and Peter Frelinghuysen, both recognized in this year's Forbes 30 Under 30's Social Impact Category, is best known for its innovative and popular Earth Cups, sustainable alternatives to traditional single-use plastic cups.

8 months ago - prnewswire.com

NEW YORK , Oct. 31, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal first quarter ended September 30, 2023 on Tuesday, November 7, 2023 at 10:00 a.m. Eastern Time.

8 months ago - cnbc.com

The New York Knicks will debut a new jersey patch sponsor this season with Sphere Entertainment, a company also owned by the team's owner James Dolan.

8 months ago - seekingalpha.com

Madison Square Garden Entertainment: Should Grow As Guided, And Experience Long-Term Secular Tailwinds

9 months ago - marketwatch.com

The 28-year-old singer and songwriter, who performs under the name Tomberlin, crafted her 2018 debut album while supporting herself by working at a Verizon VZ, +1.93% store. She has since recorded and released a second studio album and an EP while touring, building up to opening spots in larger venues for well-known acts such as Tegan and Sara.