Headlines about MSG Networks (NYSE:MSGN) have been trending somewhat positive on Wednesday, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MSG Networks earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the company an impact score of 44.3552209531575 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern’s rankings:
- MSG Networks Inc. to Host Fiscal 2018 Third Quarter Conference Call (econotimes.com)
- MSG Networks Inc. to Host Fiscal 2018 Third Quarter Conference Call (finance.yahoo.com)
- NYRA, MSG Networks Agree To Multi-Year Extension For Racing Programming (paulickreport.com)
- NYRA & MSG Networks Extend Contract (thoroughbreddailynews.com)
- NYRA and MSG Networks announce multi-year contract extension (saratogian.com)
MSGN stock opened at $23.00 on Wednesday. The firm has a market capitalization of $1,712.71, a PE ratio of 10.36, a price-to-earnings-growth ratio of 1.48 and a beta of 0.76. The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of -1.62. MSG Networks has a 12 month low of $16.15 and a 12 month high of $26.30.
Several analysts have weighed in on MSGN shares. Zacks Investment Research downgraded shares of MSG Networks from a “buy” rating to a “hold” rating in a research report on Thursday, April 5th. ValuEngine downgraded shares of MSG Networks from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Morgan Stanley boosted their target price on shares of MSG Networks from $20.00 to $23.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 31st. Guggenheim boosted their target price on shares of MSG Networks from $28.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, January 31st. Finally, Bank of America boosted their target price on shares of MSG Networks from $29.00 to $31.00 and gave the stock a “buy” rating in a research report on Tuesday, January 30th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $24.83.
COPYRIGHT VIOLATION WARNING: This story was originally reported by WKRB News and is owned by of WKRB News. If you are viewing this story on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this story can be viewed at https://www.wkrb13.com/2018/04/25/msg-networks-msgn-earns-daily-coverage-optimism-score-of-0-15.html.
About MSG Networks
MSG Networks Inc engages in the sports production, and content development and distribution businesses in the United States. The company owns and operates MSG Network and MSG+, which are regional sports and entertainment networks. It also operates MSG GO that provides live streaming and video on demand, as well as a Website and social media platforms for its brands.
Receive News & Ratings for MSG Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MSG Networks and related companies with MarketBeat.com's FREE daily email newsletter.