Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Magnera Corp (NYSE: MAGN) closed the day trading at $13.55 down -3.83% from the previous closing price of $14.09. In other words, the price has decreased by -$3.83 from its previous closing price. On the day, 0.88 million shares were traded.
Ratios:
For a better understanding of MAGN, let’s 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 0.37 while its Price-to-Book (P/B) ratio in mrq is 0.44.
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 -17.21%, while the 200-Day Moving Average is calculated to be -30.52%.
Shares Statistics:
A total of 35.60M shares are outstanding, with a floating share count of 34.80M. Insiders hold about 2.25% of the company’s shares, while institutions hold 100.85% stake in the company.
