Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $23.69 in the prior trading day, Magnite Inc (NASDAQ: MGNI) closed at $23.45, down -1.01%. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 2.74 million shares were traded. MGNI stock price reached its highest trading level at $23.755 during the session, while it also had its lowest trading level at $23.18.
Ratios:
Our goal is to gain a better understanding of MGNI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.53.
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, Needham on May 12, 2025, Reiterated its Buy rating but revised its target price to $18 from $14 previously.
On December 05, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $17 to $20.
On December 05, 2024, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $22.Scotiabank initiated its Sector Outperform rating on December 05, 2024, 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 Jul 10 ’25 when PAUL CAINE bought 15,000 shares for $23.69 per share.
Soroca Adam Lee sold 42,584 shares of MGNI for $1,064,600 on Jul 03 ’25. The CHIEF PRODUCT OFFICER now owns 366,672 shares after completing the transaction at $25.00 per share. On Jul 03 ’25, another insider, ADAM L SOROCA, who serves as the Officer of the company, bought 42,584 shares for $25.00 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MGNI now has a Market Capitalization of 3309053184 and an Enterprise Value of 3590435584. As of this moment, Magnite’s Price-to-Earnings (P/E) ratio for their current fiscal year is 118.26, and their Forward P/E ratio for the next fiscal year is 21.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.91 while its Price-to-Book (P/B) ratio in mrq is 4.47. Its current Enterprise Value per Revenue stands at 5.322 whereas that against EBITDA is 32.03.
Stock Price History:
The Beta on a monthly basis for MGNI is 3.06, which has changed by 0.64908576 over the last 52 weeks, in comparison to a change of 0.11844492 over the same period for the S&P500. Over the past 52 weeks, MGNI has reached a high of $25.27, while it has fallen to a 52-week low of $8.22. The 50-Day Moving Average of the stock is 33.32%, while the 200-Day Moving Average is calculated to be 52.77%.
Shares Statistics:
The stock has traded on average 2.69M shares per day over the past 3-months and 4276520 shares per day over the last 10 days, according to various share statistics. A total of 141.48M shares are outstanding, with a floating share count of 137.30M. Insiders hold about 2.70% of the company’s shares, while institutions hold 94.83% stake in the company. Shares short for MGNI as of 1749772800 were 19486292 with a Short Ratio of 7.25, compared to 1747267200 on 16050932. Therefore, it implies a Short% of Shares Outstanding of 19486292 and a Short% of Float of 14.039999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
