Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $13.09 in the prior trading day, Magnera Corp (NYSE: MAGN) closed at $12.37, down -5.50%. In other words, the price has decreased by -$5.50 from its previous closing price. On the day, 0.62 million shares were traded.
Ratios:
Our goal is to gain a better understanding of MAGN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.54 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 1.89 whereas as Long-Term Debt/Eq ratio is at 1.87.
On March 19, 2025, Vertical Research started tracking the stock assigning a Hold rating and target price of $21.
On January 23, 2025, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $22.Wells Fargo initiated its Overweight rating on January 23, 2025, with a $22 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 15 ’25 when RICKERTSEN CARL J bought 20,000 shares for $13.65 per share. The transaction valued at 273,000 led to the insider holds 41,306 shares of the business.
Fogarty Kevin Michael bought 20,000 shares of MAGN for $302,948 on May 12 ’25. The Director now owns 31,538 shares after completing the transaction at $15.15 per share. On May 09 ’25, another insider, Begle Curt, who serves as the President & CEO of the company, bought 20,275 shares for $14.01 each. As a result, the insider paid 284,152 and bolstered with 44,341 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 0.40.
Stock Price History:
Over the past 52 weeks, MAGN has reached a high of $26.78, while it has fallen to a 52-week low of $12.20. The 50-Day Moving Average of the stock is -23.06%, while the 200-Day Moving Average is calculated to be -36.34%.
Shares Statistics:
A total of 35.60M shares are outstanding, with a floating share count of 34.52M. Insiders hold about 3.04% of the company’s shares, while institutions hold 97.34% stake in the company.
