MSGE - Madison Square Garden Entertainment Stock: This Is Why It's Getting Cheaper

June, 15 2021 03:44 PM Madison Square Garden Entertainment Corp. Class A

Madison Square Garden Entertainment offers live experiences, entertainment content, and music festivals.
Net sales are expected to grow by more than 500% in 2021. If we assume 2023 sales of 1.1 billion, the company also trades at 1.3x sales.
I believe that Madison Square Garden could trade at a higher mark.
Madison Square Garden signed a merger agreement with MSG Networks.
Madison Square Garden reports a significant amount of construction in progress, which is also growing at a large pace.

For further details see:

Company Name:	Madison Square Garden Entertainment Corp. Class A
Stock Symbol:	MSGE
Market:	NYSE
Website:	www.msgentertainment.com