MSGS Stock Analysis: Madison Square Garden Sports | NYSE
Entertainment | NYSE, USA | Market Cap: 9.195m USD | 12M Return: 85.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 112M
Qual. Beats: -1
Rev. Trend: 86.5%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Madison Square Garden Sports Corp. (NYSE: MSGS) is a U.S.-based professional sports company that owns and operates two major-market franchises: the NBAs New York Knickerbockers and the NHLs New York Rangers. It also operates development league affiliates, the Hartford Wolf Pack (AHL) and the Westchester Knicks (NBA G League), and runs the MSG Training Center in Greenburgh, New York. The company was incorporated in 2015 (formerly The Madison Square Garden Company) and is headquartered in New York City.
As a sports holding company, MSGS generates revenue primarily through ticketing, local and national broadcasting/media rights, sponsorships, and merchandise associated with its franchises. Professional teams in the NBA and NHL operate under league-wide revenue sharing arrangements and collective bargaining agreements, which provide a degree of revenue stability and cost predictability. Despite the sports-focused business, the company is classified under the Communication Services sector and the Movies & Entertainment sub-industry in the GICS framework.
- Knicks and Rangers playoff runs drive ticket and sponsorship revenue
- NBAs new $76 billion media rights deal inflates franchise valuations
- Star player salary growth pressures operating margins and cap flexibility
| Net Income: -22.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -6.34 > 1.0 |
| NWC/Revenue: -31.82% < 20% (prev -28.15%; Δ -3.68% < -1%) |
| CFO/TA 0.04 > 3% & CFO 56.3m > Net Income -22.3m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 0.46 > 1.5 & < 3 |
| Outstanding Shares: last quarter (24.1m) vs 12m ago 0.27% < -2% |
| Gross Margin: 22.88% > 18% (prev 33.06%; Δ -10.19% > 0.5%) |
| Asset Turnover: 71.61% > 50% (prev 70.62%; Δ 0.98% > 0%) |
| Interest Coverage Ratio: -0.98 > 6 (EBIT TTM -21.2m / Interest Expense TTM 21.6m) |
| A: -0.23 (Total Current Assets 294.4m - Total Current Liabilities 637.8m) / Total Assets 1.51b |
| B: -0.10 (Retained Earnings -158.2m / Total Assets 1.51b) |
| C: -0.01 (EBIT TTM -21.2m / Avg Total Assets 1.51b) |
| D: -0.16 (Book Value of Equity -295.4m / Total Liabilities 1.80b) |
| Altman-Z'' = -2.10 = D |
| DSRI: 0.92 (Receivables 129.4m/139.2m, Revenue 1.08b/1.06b) |
| GMI: 1.45 (GM 33.06% / 22.88%) |
| AQI: 1.12 (AQ_t 0.29 / AQ_t-1 0.26) |
| SGI: 1.02 (Revenue 1.08b / 1.06b) |
| TATA: -0.05 (NI -22.3m - CFO 56.3m) / TA 1.51b) |
| Beneish M = -2.61 (Cap -4..+1) = A |
As of July 14, 2026, the stock is trading at USD 386.11 with a total of 143,458 shares traded. Over the past week, the price has changed by -0.03%, over one month by +1.61%, over three months by +16.63% and over the past year by +85.53%.
Current recommended Stop Loss: 372.50 (which is 3.5% or 1.2 ATR below the current price).
Madison Square Garden Sports has received a consensus analysts rating of 4.13. Therefore, it is recommended to buy MSGS.
- StrongBuy: 4
- Buy: 1
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 398.3 | 3.2% |
P/E Forward = 72.4638
P/S = 8.5212
P/B = 1.57
Revenue TTM = 1.08b USD
EBIT TTM = -21.2m USD
EBITDA TTM = -18.0m USD
Long Term Debt = 242.0m USD (from longTermDebt, last quarter)
Short Term Debt = 73.5m USD (from shortTermDebt, last quarter)
Debt = 2.08b USD (from shortLongTermDebtTotal, last quarter) + Leases 909.3m
Net Debt = 1.97b USD (calculated: Debt 2.08b - CCE 107.0m)
Enterprise Value = 11.2b USD (9.19b + Debt 2.08b - CCE 107.0m)
Interest Coverage Ratio = -0.98 (Ebit TTM -21.2m / Interest Expense TTM 21.6m)
EV/FCF = 204.5x (Enterprise Value 11.2b / FCF TTM 54.6m)
FCF Yield = 0.49% (FCF TTM 54.6m / Enterprise Value 11.2b)
FCF Margin = 5.06% (FCF TTM 54.6m / Revenue TTM 1.08b)
Net Margin = -2.07% (Net Income TTM -22.3m / Revenue TTM 1.08b)
Gross Margin = 22.88% ((Revenue TTM 1.08b - Cost of Revenue TTM 832.2m) / Revenue TTM)
Gross Margin QoQ = 17.79% (prev 22.62%)
Tobins Q-Ratio = 7.40 (Enterprise Value 11.2b / Total Assets 1.51b)
Interest Expense / Debt = 1.04% (Interest Expense 21.6m / Debt 2.08b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -16.7m (EBIT -21.2m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.46 (Total Current Assets 294.4m / Total Current Liabilities 637.8m)
Debt / Equity = -7.03 (negative equity) (Debt 2.08b / totalStockholderEquity, last quarter -295.4m)
Debt / EBITDA = -109.6 (out of range, set to none) (Net Debt 1.97b / EBITDA -18.0m)
Debt / FCF = 36.09 (Net Debt 1.97b / FCF TTM 54.6m)
Total Stockholder Equity = -288.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -1.48% (Net Income -22.3m / Total Assets 1.51b)
RoE = 7.74% (negative equity) (Net Income TTM -22.3m / Total Stockholder Equity -288.3m)
RoCE = 45.76% (negative capital employed) (EBIT -21.2m / Capital Employed (Equity -288.3m + L.T.Debt 242.0m))
RoIC = -1.88% (negative operating profit) (NOPAT -16.7m / Invested Capital 891.1m)
WACC = 6.38% (E(9.19b)/V(11.3b) * Re(7.63%) + D(2.08b)/V(11.3b) * Rd(1.04%) * (1-Tc(0.21)))
Discount Rate = 7.63% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 73.10% ; FCFF base≈92.7m ; Y1≈81.3m ; Y5≈65.7m
[DCF] Fair Price = N/A (negative equity: EV 1.05b - Net Debt 1.97b = -915.8m; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.43 | # QB: -1
Revenue Correlation: 86.53 | Revenue CAGR: 7.89% | SUE: 0.12 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.87 | Chg30d=-4.19% | Revisions=-25% | Analysts=2
EPS current Year (2026-06-30): EPS=-0.46 | Chg30d=-28.79% | Revisions=-25% | GrowthEPS=+51.1% | GrowthRev=+3.8%
EPS next Year (2027-06-30): EPS=-0.63 | Chg30d=-307.42% | Revisions=-57% | GrowthEPS=-38.8% | GrowthRev=-2.6%
[Analyst] Revisions Ratio: -67% (up=0, down=6)