Analyst Ratings for MSG Networks Inc. Cl A (MSGN)

Updated: 2017-07-27

Shares of MSG Networks Inc. Cl A (NYSE:MSGN) have received a consensus rating of Hold from Wall Street analysts. MSGN had previously received a consensus rating of Hold a month ago.

3 analysts declared MSGN a buy, 0 issued an overweight rating, 7 gave a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for MSGN. The most optimistic price target was 30, implying potential capital gains of 37.93 percent. The minimum price target given was 19, which equates to a potential downside of -12.64 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.04 percent. The average change in earnings estimates over the last 90 days is -4.66 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.45 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -1.78 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.

MSGN has an estimated earnings growth rate of -6.61 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. MSGN has a PEG ratio of -1.41.

MSGN has traded between a high of 25.30 and a low of 15.05 over the past year. The current market price is above the trailing year's low by 44.52 percent, and 14.03 percent lower than its 52-week high. MSGN has a price/earnings ratio of 9.33. Investors typically compare the P/E ratio to a company's peers in the industry. The MSGN value stock report compares MSGN to some of its peers using value stock charts. The stock has a market capitalization of $1.62 billion. MSGN will post this quarters earnings in days, on 0000-00-00.