Madison Square Garden Sports: Little Room For Growth Beyond Current Sports Fans

Alpha Compounder
481 Followers
(17min)

Summary

  • Madison Square Garden Sports spun off from the main Madison Square Garden Company and is affiliated with the iconic arena.
  • The company owns top basketball and ice hockey teams, benefiting from high attendance rates.
  • MSGS's balance sheet is healthy, but cash flow growth is muted post-split.
  • The company's valuation does not offer a significant margin of safety, and the stock is trading near a technical resistance.

Madison Square Garden

littleny

Investment Thesis

Madison Square Garden Sports (NYSE:MSGS) was one of the 2 companies that spun off the main Madison Square Garden Company. As the name of the company suggests, it is closely affiliated with the iconic and renowned "Madison Square Garden" indoor

This article was written by

481 Followers
As a self-taught retail investor, I’m interested to share insights through thoughtful, research-driven articles. I’m glad you’ve taken the time to visit my profile, and I hope my content provides value and sparks new ideas for your investment strategy.If you're considering a Premium or Alpha Picks subscription, you can save at least $30 (or more) on your annual fee by using the link below:- Seeking Alpha Premium - Alpha Picks- Alpha Picks + Premium Bundle

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About MSGS Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on MSGS

Related Stocks

SymbolLast Price% Chg
MSGS
--