PENN Entertainment, GameSquare, Sphere Entertainment, Insight Enterprises, and Madison Square Garden are the five Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are shares of publicly traded companies involved in the competitive gaming ecosystem—this can include game developers and publishers, streaming platforms, tournament organizers, hardware manufacturers, and even professional esports teams. By buying these stocks, investors gain exposure to the rapidly growing esports market fueled by advertising, sponsorships, media rights, and merchandising. As with any equity, their value fluctuates based on industry trends, company performance, and broader market conditions. These companies had the highest dollar trading volume of any Esports stocks within the last several days.
PENN Entertainment (PENN)
PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands.
Shares of NASDAQ PENN traded down $0.30 during midday trading on Tuesday, hitting $18.03. 775,830 shares of the company's stock were exchanged, compared to its average volume of 3,811,551. PENN Entertainment has a 12-month low of $13.25 and a 12-month high of $23.08. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.35. The company has a market cap of $2.72 billion, a price-to-earnings ratio of -29.08 and a beta of 1.61. The business's fifty day moving average price is $16.71 and its two-hundred day moving average price is $17.62.
Read Our Latest Research Report on PENN
GameSquare (GAME)
GameSquare Holdings, Inc. operates as a vertically integrated digital media, entertainment, and technology company. Its platform to connect with gaming and youth culture audiences. The company's end-to-end platform includes Code Red Esports Ltd., an esports talent agency; GCN, a digital media company focusing on the gaming and esports audience; Zoned, a gaming and lifestyle marketing agency; Complexity Gaming, a esports organization operating; Fourth Frame Studios, a creative production studio; and Mission Supply, a merchandise and consumer products business; Frankly Media, programmatic advertising, Stream Hatchet, live streaming analytics, and Sideqik a social influencer marketing platform.
Shares of NASDAQ GAME traded down $0.08 during midday trading on Tuesday, hitting $1.38. 9,926,290 shares of the company's stock were exchanged, compared to its average volume of 2,089,985. The company has a market cap of $67.36 million, a price-to-earnings ratio of -0.91 and a beta of 0.76. The business's fifty day moving average price is $0.98 and its two-hundred day moving average price is $0.84. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.97. GameSquare has a 12-month low of $0.50 and a 12-month high of $2.87.
Read Our Latest Research Report on GAME
Sphere Entertainment (SPHR)
Sphere Entertainment Co. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre.
SPHR traded up $0.80 during midday trading on Tuesday, hitting $46.16. The stock had a trading volume of 233,187 shares, compared to its average volume of 801,059. The company has a market cap of $1.65 billion, a P/E ratio of -4.60 and a beta of 1.66. The business has a fifty day moving average of $39.94 and a 200 day moving average of $37.72. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.53 and a current ratio of 0.53. Sphere Entertainment has a 1 year low of $23.89 and a 1 year high of $50.88.
Read Our Latest Research Report on SPHR
Insight Enterprises (NSIT)
Insight Enterprises, Inc., together with its subsidiaries, provides information technology, hardware, software, and services in the United States and internationally. The company offers modern platforms/infrastructure that manages and supports cloud and data platforms, modern networks, and edge technologies; cybersecurity solutions automates and connects modern platform securely; data and artificial intelligence modernizes data platforms and architectures, and build data analytics and AI solutions; modern workplace and apps; and intelligent edge solutions that gathers and utilizes data for real-time decision making.
NSIT traded up $2.06 during midday trading on Tuesday, hitting $141.94. The stock had a trading volume of 67,200 shares, compared to its average volume of 336,706. The company has a market cap of $4.53 billion, a P/E ratio of 28.37, a price-to-earnings-growth ratio of 1.29 and a beta of 1.20. The business has a fifty day moving average of $136.16 and a 200 day moving average of $146.85. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.19 and a current ratio of 1.23. Insight Enterprises has a 1 year low of $126.10 and a 1 year high of $228.07.
Read Our Latest Research Report on NSIT
Madison Square Garden (MSGS)
Madison Square Garden Sports Corp. operates as a professional sports company in the United States. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Its other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League.
MSGS traded up $0.80 during midday trading on Tuesday, hitting $205.42. The stock had a trading volume of 41,036 shares, compared to its average volume of 148,933. The company has a market cap of $4.93 billion, a P/E ratio of 978.24 and a beta of 0.79. The business has a fifty day moving average of $197.88 and a 200 day moving average of $199.84. Madison Square Garden has a 1 year low of $173.26 and a 1 year high of $237.99.
Read Our Latest Research Report on MSGS
Further Reading
Before you consider PENN Entertainment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PENN Entertainment wasn't on the list.
While PENN Entertainment currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
