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.
The price of Magnera Corp (NYSE: MAGN) closed at $12.02 in the last session, up 1.78% from day before closing price of $11.81. In other words, the price has increased by $1.78 from its previous closing price. On the day, 0.71 million shares were traded.
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 1.54 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:
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 May 28 ’25 when Salmon Tom bought 17,000 shares for $11.94 per share. The transaction valued at 203,014 led to the insider holds 35,289 shares of the business.
Brown Bruce bought 16,940 shares of MAGN for $199,983 on May 29 ’25. The Director now owns 17,228 shares after completing the transaction at $11.81 per share. On May 15 ’25, another insider, RICKERTSEN CARL J, who serves as the Director of the company, bought 20,000 shares for $13.65 each. As a result, the insider paid 273,000 and bolstered with 41,306 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 0.39.
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 $11.43. The 50-Day Moving Average of the stock is -19.39%, while the 200-Day Moving Average is calculated to be -37.06%.
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 97.45% stake in the company.
