In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The price of Magnera Corp (NYSE: MAGN) closed at $18.62 in the last session, down -5.43% from day before closing price of $19.69. In other words, the price has decreased by -$5.43 from its previous closing price. On the day, 0.56 million shares were traded. MAGN stock price reached its highest trading level at $19.9214 during the session, while it also had its lowest trading level at $18.61.
Ratios:
We take a closer look at MAGN’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 27 ’25 when RICKERTSEN CARL J bought 20,000 shares for $20.33 per share. The transaction valued at 406,532 led to the insider holds 21,306 shares of the business.
Begle Curt bought 23,786 shares of MAGN for $501,297 on Feb 11 ’25. The President & CEO now owns 24,066 shares after completing the transaction at $21.08 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MAGN now has a Market Capitalization of 659148032 and an Enterprise Value of 2515148032. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 1.061 whereas that against EBITDA is 9.787.
Stock Price History:
The Beta on a monthly basis for MAGN is 1.73, which has changed by -0.1907866 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, MAGN has reached a high of $26.78, while it has fallen to a 52-week low of $15.80. The 50-Day Moving Average of the stock is -4.58%, while the 200-Day Moving Average is calculated to be -9.20%.
Shares Statistics:
According to the various share statistics, MAGN traded on average about 505.44K shares per day over the past 3-months and 470730 shares per day over the past 10 days. A total of 35.40M shares are outstanding, with a floating share count of 34.65M. Insiders hold about 2.13% of the company’s shares, while institutions hold 98.67% stake in the company. Shares short for MAGN as of 1740700800 were 2428166 with a Short Ratio of 4.80, compared to 1738281600 on 2210138. Therefore, it implies a Short% of Shares Outstanding of 2428166 and a Short% of Float of 6.98.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 5.08.
