Market Resilience: Magnolia Oil & Gas Corp (MGY) Finishes Weak at 24.80, Down -0.28

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

Magnolia Oil & Gas Corp (NYSE: MGY) closed the day trading at $24.80 down -0.28% from the previous closing price of $24.87. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 1.48 million shares were traded. MGY stock price reached its highest trading level at $25.175 during the session, while it also had its lowest trading level at $24.61.

Ratios:

For a better understanding of MGY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 226.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.47 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.21.

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 the company, BofA Securities on January 13, 2025, Downgraded its rating to Neutral and sets its target price to $28 from $29 previously.

On October 15, 2024, Siebert Williams Shank Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $30.

Wells Fargo Downgraded its Equal Weight to Underweight on October 01, 2024, whereas the target price for the stock was revised from $26 to $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 Jan 08 ’25 when Millican Steve bought 195,293 shares for $24.14 per share.

EnerVest, Ltd. sold 7,000,000 shares of MGY for $181,020,000 on Sep 23 ’24. The Director now owns 2,099,403 shares after completing the transaction at $25.86 per share. On Sep 23 ’24, another insider, Walker John B, who serves as the Director of the company, sold 7,000,000 shares for $25.86 each. As a result, the insider received 181,020,000 and left with 2,099,403 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, MGY now has a Market Capitalization of 4874688000 and an Enterprise Value of 4908835840. As of this moment, Magnolia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.26, and their Forward P/E ratio for the next fiscal year is 11.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.72 while its Price-to-Book (P/B) ratio in mrq is 2.56. Its current Enterprise Value per Revenue stands at 3.742 whereas that against EBITDA is 5.235.

Stock Price History:

The Beta on a monthly basis for MGY is 1.99, which has changed by 0.21792364 over the last 52 weeks, in comparison to a change of 0.23095727 over the same period for the S&P500. Over the past 52 weeks, MGY has reached a high of $29.02, while it has fallen to a 52-week low of $19.53. The 50-Day Moving Average of the stock is -2.98%, while the 200-Day Moving Average is calculated to be -2.68%.

Shares Statistics:

Over the past 3-months, MGY traded about 1.81M shares per day on average, while over the past 10 days, MGY traded about 1806700 shares per day. A total of 191.48M shares are outstanding, with a floating share count of 186.29M. Insiders hold about 5.23% of the company’s shares, while institutions hold 113.24% stake in the company. Shares short for MGY as of 1736899200 were 30005241 with a Short Ratio of 16.60, compared to 1734048000 on 29444776. Therefore, it implies a Short% of Shares Outstanding of 30005241 and a Short% of Float of 18.59.

Dividends & Splits

MGY’s forward annual dividend rate is 0.52, up from 0.52 a year ago. Against a Trailing Annual Dividend Yield of 0.020908725

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