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Sell
50
MGNI Quote, Financials, Valuation and Earnings
Last price:
$15.94
Seasonality move
:
20.71%
Day range:
$15.26 - $16.39
52-week range:
$8.38 - $18.38
Dividend yield:
0%
P/E ratio:
272.25x
P/S ratio:
3.50x
P/B ratio:
3.17x
Volume:
2.8M
Avg. volume:
2.1M
1-year change:
71.05%
Market cap:
$2.3B
Revenue:
$619.7M
EPS (TTM):
$0.06
Analysts' Opinion
-
Consensus RatingMagnite has received a consensus rating of Buy. The company's average rating is a Buy based on 9 Buy ratings, 1 Hold rating, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $18.42, Magnite has an estimated upside of 12.78% from its current price of $16.34.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $13.00 representing 20.42% downside risk from its current price of $16.34.
Fair Value
-
According to the consensus of 10 analysts, Magnite has 12.78% upside to fair value with a price target of $18.42 per share.
MGNI vs. S&P 500
-
Over the past 5 trading days, Magnite has overperformed the S&P 500 by 1.19% suggesting its relative strength compared to the major market average is strong at this time.
Share Buyback
-
Magnite does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
Magnite has grown year-over-year revenues for 24 quarters straight. In the most recent quarter Magnite reported revenues of $162M.
Earnings Growth
-
Magnite earnings have been falling on a year-over-year basis for 1 quarter in a row. In the most recent quarter Magnite reported earnings per share of $0.04.
Enterprise value:
2.5B
EV / Invested capital:
1.93x
Price / LTM sales:
3.50x
EV / EBIT:
52.34x
EV / Revenue:
3.73x
PEG ratio (5yr expected):
--
EV / Free cash flow:
15.71x
Price / Operating cash flow:
14.75x
Enterprise value / EBITDA:
23.20x
Gross Profit (TTM):
$400.1M
Return On Assets:
0.67%
Net Income Margin (TTM):
2.62%
Return On Equity:
2.48%
Return On Invested Capital:
1.38%
Operating Margin:
9.34%
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Income Statement | ||||||
| Revenue | $563M | $608.2M | $661.1M | $150.1M | $162M | |
| Gross Profit | $300M | $157.3M | $400.1M | $65.2M | $99.5M | |
| Operating Income | -$72.7M | -$211.2M | $46M | -$17.8M | $15.1M | |
| EBITDA | $85M | $103.8M | $106.2M | $28.4M | $27.6M | |
| Diluted EPS | -$0.71 | -$1.67 | $0.06 | -$0.13 | $0.04 | |
| Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $529.6M | $974.3M | $1.1B | $1.3B | $1.6B | |
| Total Assets | $866.5M | $2.5B | $2.5B | $2.4B | $2.7B | |
| Current Liabilities | $473.6M | $858.9M | $919M | $1.1B | $1.4B | |
| Total Liabilities | $510.3M | $1.7B | $1.7B | $1.8B | $2B | |
| Total Equity | $356.1M | $876.8M | $810.5M | $652.1M | $725.9M | |
| Total Debt | -- | $722.9M | $725.7M | $605.2M | $553.8M | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $172.4M | $214M | $209.6M | $82.1M | $91.3M | |
| Cash From Investing | -$65.4M | -$40.6M | -$52.7M | -$6.8M | -$18.1M | |
| Cash From Financing | -$39.1M | -$117.5M | -$81.6M | -$30.6M | -$13.8M | |
| Free Cash Flow | $136.6M | $173.4M | $156.9M | $75.3M | $73.2M | |
MGNI
Sector
Market Cap
$2.3B
$112M
Price % of 52-Week High
88.87%
65.27%
Dividend Yield
0%
0%
Shareholder Yield
--
3.48%
1-Year Price Total Return
71.05%
-15.11%
Beta (5-Year)
2.505
0.704
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years
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Technicals
8-day SMA
Buy
Level
$16.33
200-day SMA
Buy
Level
$12.83
Bollinger Bands (100)
Buy
Level
12.23 - 15.77
Chaikin Money Flow
Buy
Level
41.9M
20-day SMA
Sell
Level
$16.76
Relative Strength Index (RSI14)
Buy
Level
52.28
ADX Line
Sell
Level
12.33
Williams %R
Neutral
Level
-61.6756
50-day SMA
Buy
Level
$14.87
MACD (12, 26)
Buy
Level
0.26
25-day Aroon Oscillator
Sell
Level
-72
On Balance Volume
Neutral
Level
38.4M
Financial Scores
Sell
Altman Z-Score
(Annual)
Level (0.1655)
Sell
CA Score
(Annual)
Level (-1.6111)
Buy
Beneish M-Score
(Annual)
Level (-2.8184)
Buy
Momentum Score
Level (10)
Sell
Ohlson Score
Level (1.6859)
Buy
Piotroski F Score
(Annual)
Level (5)
Sell
Quality Ratio Score
Level (3)
Buy
Fundamental Score
Level (7)
Revenue Forecast
Earnings per Share Forecast
Company Profile
Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer.
Stock Forecast FAQ
In the current month, MGNI has received 9 Buy ratings 1 Hold ratings, and 0 Sell ratings. The MGNI average analyst price target in the past 3 months is $18.42.
-
Where Will Magnite Stock Be In 1 Year?
According to analysts, the consensus estimate is that Magnite share price will rise to $18.42 per share over the next 12 months.
-
What Do Analysts Say About Magnite?
Analysts are divided on their view about Magnite share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Magnite is a Sell and believe this share price will drop from its current level to $13.00.
-
What Is Magnite's Price Target?
The price target for Magnite over the next 1-year time period is forecast to be $18.42 according to 10 Wall Street analysts, 9 of them rate the stock a Buy, 0 rate the stock a Sell, and 1 analyst rates the stock a Hold.
-
Is MGNI A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for Magnite is a Buy. 9 of 10 analysts rate the stock a Buy at this time.
-
How Can I Buy Shares Of MGNI?
You can purchase shares of Magnite via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Magnite shares.
-
What Is The Magnite Share Price Today?
Magnite was last trading at $15.94 per share. This represents the most recent stock quote for Magnite. Yesterday, Magnite closed at $16.34 per share.
-
How To Buy Magnite Stock Online?
In order to purchase Magnite stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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