After finishing at $23.52 in the prior trading day, Magnite Inc (NASDAQ: MGNI) closed at $23.58, up 0.26%. In other words, the price has increased by $0.26 from its previous closing price. On the day, 1.81 million shares were traded. MGNI stock price reached its highest trading level at $24.03 during the session, while it also had its lowest trading level at $23.48.
Ratios:
Our goal is to gain a better understanding of MGNI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.95. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.53.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on May 12, 2025, Reiterated its Buy rating but revised its target price to $18 from $14 previously.
On December 05, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $17 to $20.
On December 05, 2024, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $22.Scotiabank initiated its Sector Outperform rating on December 05, 2024, 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 Jul 15 ’25 when BARRETT MICHAEL G. sold 70,900 shares for $23.27 per share. The transaction valued at 1,649,843 led to the insider holds 285,808 shares of the business.
BARRETT MICHAEL G. bought 70,900 shares of MGNI for $1,650,160 on Jul 15 ’25. On Jul 10 ’25, another insider, Caine Paul, who serves as the Director of the company, sold 5,000 shares for $23.53 each. As a result, the insider received 117,650 and left with 183,603 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MGNI now has a Market Capitalization of 3327397632 and an Enterprise Value of 3514235904. As of this moment, Magnite’s Price-to-Earnings (P/E) ratio for their current fiscal year is 118.91, and their Forward P/E ratio for the next fiscal year is 21.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.93 while its Price-to-Book (P/B) ratio in mrq is 4.50. Its current Enterprise Value per Revenue stands at 5.209 whereas that against EBITDA is 31.351.
Stock Price History:
The Beta on a monthly basis for MGNI is 3.04, which has changed by 0.66525424 over the last 52 weeks, in comparison to a change of 0.17535925 over the same period for the S&P500. Over the past 52 weeks, MGNI has reached a high of $25.27, while it has fallen to a 52-week low of $8.22. The 50-Day Moving Average of the stock is 18.20%, while the 200-Day Moving Average is calculated to be 47.44%.
Shares Statistics:
The stock has traded on average 2.67M shares per day over the past 3-months and 2654160 shares per day over the last 10 days, according to various share statistics. A total of 141.48M shares are outstanding, with a floating share count of 137.41M. Insiders hold about 2.62% of the company’s shares, while institutions hold 95.05% stake in the company. Shares short for MGNI as of 1752537600 were 18934780 with a Short Ratio of 7.09, compared to 1749772800 on 19486292. Therefore, it implies a Short% of Shares Outstanding of 18934780 and a Short% of Float of 13.639999999999999.
