Magnolia Oil & Gas Corporation (NYSE:MGY)went up by 1.30% from its latest closing price when compared to the 1-year high value of $15.23 and move down -39.21%, while MGY stocks collected +6.42% of gains with the last five trading sessions. Press Release reported on 08/06/19 that Magnolia Oil & Gas Corporation Announces Second Quarter 2019 Results
Magnolia Oil & Gas Corporation (NYSE:MGY) Worth an Investment?
Magnolia Oil & Gas Corporation (NYSE: MGY) scored price to earnings ratio above its average ratio, recording 14.80 times of increase in earnings at the present.
MGY Market Performance
MGY stocks went up by 6.42% for the week, with the monthly jump of 9.62% and a quarterly performance of 1.96%, while its annual performance rate touched -20.44%. The simple moving average for the period of the last 20 days is 7.13% for MGY stocks with the simple moving average of -6.58% for the last 200 days.
Analysts’ Opinion on Magnolia Oil & Gas Corporation (NYSE:MGY)
Many brokerage firms have already submitted their reports for MGY stocks, with Barclays repeating the rating for MGY shares by setting it to “Overweight”. The predicted price for MGY socks in the upcoming period according to Barclays is $13 based on the research report published on August 30, 2019.
Piper Jaffray, on the other hand, stated in their research note that they expect to see MGY stock at the price of $14. The rating they have provided for MGY stocks is “Overweight” according to the report published on July 8, 2019.
Wells Fargo gave “Outperform” rating to MGY stocks, setting the target price at $16 in the report published on May 20, 2019.
MGY Stocks 3.62% Far from 50 Day Moving Average
After a stumble in the market that brought MGY to its low price for the period of the last 52 weeks, Magnolia Oil & Gas Corporation was unable to take a rebound, for now settling with -28.17% of loss for the given period.
The stock volatility was left at 3.41%, however, within the period of a single month, the volatility rate increased by 3.43%, while the shares surge at the distance of +8.00% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -6.50% lower at the present time.
In the course of the last 5 trading sessions, MGY went up by +6.42%, which changed the moving average for the period of 200 days to the total of -12.90% of losses for the stock in comparison to the 20-day moving average settled at $10.25. In addition, Magnolia Oil & Gas Corporation saw -2.41% in overturn over the period of a single year with a tendency to cut further losses.
MGY Stock Fundamentals
The current profitability levels are settled at +42.65 for the present operating margin and +52.68 for gross margin. The net margin for Magnolia Oil & Gas Corporation stands at +29.20. Total capital return value is set at 20.20, while invested capital returns managed to touch 19.12. Equity return holds the value 7.00%, with 3.40% for asset returns.
Based on Magnolia Oil & Gas Corporation (MGY), the company’s capital structure generated 23.18 points for debt to equity in total, while total debt to capital is set at the value of 18.82. Total debt to assets is settled at the value of 11.32 with long-term debt to equity ratio rests at 23.18 and long-term debt to capital is 18.82.
EBITDA value lies at +174.82 M with total debt to EBITDA carrying the value of 0.56. The value for Enterprise to Sales is 3.03 with debt to enterprise value settled at 0.10. The receivables turnover for Magnolia Oil & Gas Corporation is 12.58 with the total asset turnover at the value of 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.48.