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After finishing at $20.37 in the prior trading day, Magnera Corp (NYSE: MAGN) closed at $20.53, up 0.79%. In other words, the price has increased by $0.79 from its previous closing price. On the day, 0.59 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 1.52 and its Current Ratio is at 2.45. In the meantime, Its Debt-to-Equity ratio is 1.87 whereas as Long-Term Debt/Eq ratio is at 1.85.
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, Wells Fargo on January 23, 2025, initiated with a Overweight rating and assigned the stock a target price of $22.
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 Feb 11 ’25 when Begle Curt bought 23,786 shares for $21.08 per share. The transaction valued at 501,297 led to the insider holds 24,066 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 0.66.
Stock Price History:
Over the past 52 weeks, MAGN has reached a high of $29.77, while it has fallen to a 52-week low of $15.80. The 50-Day Moving Average of the stock is 6.75%, while the 200-Day Moving Average is calculated to be -0.50%.
Shares Statistics:
A total of 35.40M shares are outstanding, with a floating share count of 34.64M. Insiders hold about 2.15% of the company’s shares, while institutions hold 98.62% stake in the company.
Earnings Estimates
The dynamic stock of Magnera Corp (MAGN) is currently being evaluated by a team of 1 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.11, with high estimates of $0.11 and low estimates of $0.11.
Analysts are recommending an EPS of between -$0.14 and -$0.14 for the fiscal current year, implying an average EPS of -$0.14. EPS for the following year is $1.01, with 1.0 analysts recommending between $1.01 and $1.01.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $867M. There is a high estimate of $867M for the next quarter, whereas the lowest estimate is $867M.
Based on 1 analysts’ estimates, the company’s revenue will be $3.48B in the next fiscal year. The high estimate is $3.48B and the low estimate is $3.48B.