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