MSG Networks Inc. (MSGN): These Numbers are Too Good to be True

investchronicle 64

MSG Networks Inc. kicked off the trading day on 10/10/19 with a price decrease of -1.40%, equivalent to -$0.22 relative change for the day. Taking a more long-term approach, MSGN had a 52-week range of $13.73 to $28.13. At the time of this article’s publishing, this stock is trading at $15.51 after starting the trading session at $15.55. At the time of writing, this stock’s 50-day Moving Average stands at $16.66, while the 200-day Moving Average of this stock is currently $20.77.

Currently, this company’s share volume is sitting at $1532193, but has maintained average daily volume of $1.11M. This stock has generated an average Year to Date volume of $725854, alongside an average 20-day volume of $2.14 million. This publicly-traded company’s shares outstanding now amounts to $76.48 million, simultaneously with a float of $58.85 million. The organization now has a market capitalization sitting at $1.19 billion.

MSG Networks Inc.(MSGN) Ownership Data

All together, they are the legal holders of 76.48M shares. If we focus on the top 3 stockholders for this publicly-traded organization, Ariel Investments LLC owns 7,556,573 shares, with The Vanguard Group, Inc. in 2nd place owning 6,376,745 shares and BlackRock Fund Advisors in third place with total ownership of 4,141,445 shares.

MSG Networks Inc. (MSGN) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on 6/29/2019, the organization reported $0.54 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $0.63) by -$0.09.

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.66 per share during the current fiscal year.

MSG Networks Inc.’s EPS decrease for this current 12-month fiscal period is -35.40%, and is forecasted to reach 2.48 in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 1.30% through the next 5 years, which can be compared against the 6.10% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for MSG Networks Inc., this organization’s Quick Ratio in the last reported quarter now stands at 2.50. The company has managed to achieve an average true range (ATR) of 0.47. Alongside those, its PE Ratio stands at $6.31, and its Beta score is 0.64.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.65 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 5.84.

In the same vein, MSGN’s Diluted EPS (Earnings per Share) trailing twelve months was posted at 2.46, a figure that is expected to reach 0.62 in the next reported quarter, and analysts expect it will be 2.48 at the market close of one year from today’s date.