This slump shouldn’t be too much of a surprise to investors, as the Leisure Services provider has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
MSG currently has a Zacks Rank #4 (Sell).
Some better-ranked stocks in the Leisure industry include ClubCorp Holdings, Inc. (MYCC) and Royal Caribbean Cruises Ltd. (RCL), both holding a Zacks Rank #2 (Buy).
Investors interested in the Consumer Discretionary sector may consider a better-ranked stock like Glu Mobile, Inc. (GLUU) carrying a Zacks Rank #1 (Strong Buy).
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