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Motorsport Games (MSGM)
NASDAQ:MSGM
Motorsport Games (MSGM) Stock Price & Analysis
105 Followers
MSGM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.00 - $8.71
Previous Close$2.22
Volume1.76K
Average Volume (3M)193.42K
Market Cap
$7.60M
Enterprise Value$5.43M
Total Cash (Recent Filing)$1.25M
Total Debt (Recent Filing)$149.03K
Price to Earnings (P/E)―
Beta1.82
Next Earnings
Aug 07, 2024EPS Estimate
$0.69Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.54
Shares Outstanding3,422,728
10 Day Avg. Volume69,457
30 Day Avg. Volume193,417
Standard Deviation0.71
R-Squared0.02
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)-1.08
Price to Sales (P/S)0.94
Price to Cash Flow (P/CF)-1.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.66
Enterprise Value/Gross Profit1.65
Enterprise Value/Ebitda-2.50
Forecast
1Y Price Target
$5.00Price Target Upside125.14% Upside
Rating ConsensusHold
Number of Analyst Covering2
Motorsport Games News
Bulls Say, Bears Say
Bulls Say
Restructuring BenefitsPreliminary Q2 results highlight the benefits of Motorsport Games' recent restructuring.
Revenue And EarningsMotorsport Games reported strong Q1 results, with both revenue and EBITDA coming in well ahead of expectations following a better-than-anticipated early access release of its second internally developed title, Le Mans Ultimate.
User EngagementRecent momentum following the successful debut of Le Mans Ultimate is encouraging, as MSGM appears to be well on its way to repairing its reputation with the gaming community and has a clear vision for the further development of an engaging racing franchise across multiple platforms.
Bears Say
Financial PerformanceLiquidity remains a concern despite recent cash burn reduction: MSGM had $1.3M of cash on its balance sheet at the end of Q1, and the balance has remained flat at $1.3M as of April 30.
LiquidityMSGM ended Q1 with ~$1.3M of cash, which is not sufficient to fund operations, and management continues to explore a variety of strategic alternatives for the business, including a debt or equity raise or a sale of some assets.
RevenueRevenue expected to come in slightly below expectations.
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Ownership Overview
56.87%
Insiders
1.10% Mutual Funds
0.95% Other Institutional Investors
41.07% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
MSGM FAQ
What was Motorsport Games’s price range in the past 12 months?
Motorsport Games lowest stock price was $2.00 and its highest was $8.71 in the past 12 months.
What is Motorsport Games’s market cap?
Currently, no data Available
When is Motorsport Games’s upcoming earnings report date?
Motorsport Games’s upcoming earnings report date is Aug 07, 2024 which is in 16 days.
How were Motorsport Games’s earnings last quarter?
Currently, no data Available
Is Motorsport Games overvalued?
According to Wall Street analysts Motorsport Games’s price is currently Undervalued.
Does Motorsport Games pay dividends?
Motorsport Games does not currently pay dividends.
What is Motorsport Games’s EPS estimate?
Motorsport Games’s EPS estimate is $0.69.
How many shares outstanding does Motorsport Games have?
Motorsport Games has 2,722,728 shares outstanding.
What happened to Motorsport Games’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Motorsport Games?
Among the largest hedge funds holding Motorsport Games’s share is Royce & Associates LLC. It holds Motorsport Games’s shares valued at N/A.
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Motorsport Games Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$5.00 (125.14% Upside)
$5.00 (125.14% Upside)
Hedge Fund Trend
Decreased
By 12.0K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
-42.33%
12-Months-Change
Fundamentals
Return on Equity
-145.44%
Trailing 12-Months
Asset Growth
-55.55%
Trailing 12-Months
Company Description
Motorsport Games
Motorsport Games Inc is a racing game developer, publisher, and esports ecosystem provider of official motorsport racing series. Its operating segments are the gaming segment which includes the development and publishing of interactive racing video games, entertainment content, and services whereas, the esports segment consists of the organization and facilitation of esports tournaments, competitions, and events for its licensed racing games. The firm generates a majority of its revenue from the gaming segment.
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MSGM Company Deck
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MSGM Earnings Call
Q1 2024
0:00 / 0:00
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MSGM Stock 12 Month Forecast
Average Price Target
$5.00
▲(125.14% Upside)
Technical Analysis
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