The Madison Square Garden (MSG) Earns Daily News Impact Score of 0.06
News coverage about The Madison Square Garden (NYSE:MSG) has trended somewhat positive on Wednesday, Accern reports. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. The Madison Square Garden earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.6193472675145 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Various News: New Around The Ring With Madison Rayne, Howard Finkel Recalls His MSG Debut 41-Years Later (411mania.com)
- Ranking the most memorable performances at Madison Square Garden (givemesport.com)
- Serena, Venus Williams to compete in Tie Break Tens at MSG (newsday.com)
- Patrick Ewing’s Georgetown tops Chris Mullin’s St. John’s at Madison Square Garden (usatoday.com)
- Madison Square Garden Breaks Below 200-Day Moving Average – Notable for MSG (nasdaq.com)
The Madison Square Garden (NYSE MSG) traded down $0.23 on Wednesday, hitting $211.33. The stock had a trading volume of 140,815 shares, compared to its average volume of 134,500. The company has a market capitalization of $4,990.00 and a PE ratio of -88.42. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.04. The Madison Square Garden has a 1-year low of $166.86 and a 1-year high of $231.44.
A number of research analysts have recently commented on the company. Zacks Investment Research lowered The Madison Square Garden from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Jefferies Group reiterated a “hold” rating and set a $200.00 price target on shares of The Madison Square Garden in a report on Tuesday, October 24th. Loop Capital upped their price target on The Madison Square Garden from $266.00 to $268.00 and gave the stock a “buy” rating in a report on Monday, November 6th. ValuEngine lowered The Madison Square Garden from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Finally, Morgan Stanley lowered The Madison Square Garden from an “overweight” rating to an “equal weight” rating and upped their price target for the stock from $218.50 to $245.00 in a report on Tuesday, December 5th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $219.00.
About The Madison Square Garden
The Madison Square Garden Company is a holding company, which is engaged in live experiences consisting of celebrated venues, sports teams, and entertainment productions. The Company operates in two segments, which include MSG Entertainment and MSG Sports. The MSG Sports segment includes the Company’s professional sports franchises, which include the New York Knicks (the Knicks) of the National Basketball Association (the NBA), the New York Rangers (the Rangers) of the National Hockey League (the NHL), the New York Liberty (the Liberty) of the Women’s National Basketball Association (the WNBA), the Hartford Wolf Pack of the American Hockey League (the AHL), which is the primary player development team for the Rangers, and the Westchester Knicks, an NBA Development League team.
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