The stock of Magnolia Oil & Gas Corp (MGY) has gone up by 0.25% for the week, with a 2.33% rise in the past month and a -9.29% drop in the past quarter. The volatility ratio for the week is 4.26%, and the volatility levels for the past 30 days are 4.06% for MGY. The simple moving average for the past 20 days is 1.62% for MGY’s stock, with a -5.58% simple moving average for the past 200 days.
Is It Worth Investing in Magnolia Oil & Gas Corp (NYSE: MGY) Right Now?
Magnolia Oil & Gas Corp (NYSE: MGY) has a price-to-earnings ratio of 12.23x that is above its average ratio. Additionally, the 36-month beta value for MGY is 1.63. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 1 rating it as “overweight,” 8 rating it as “hold,” and 2 rating it as “sell.”
The public float for MGY is 183.37M and currently, short sellers hold a 16.78% ratio of that float. The average trading volume of MGY on March 18, 2025 was 2.24M shares.
MGY) stock’s latest price update
The stock of Magnolia Oil & Gas Corp (NYSE: MGY) has increased by 1.93 when compared to last closing price of 23.27.Despite this, the company has seen a gain of 0.25% in its stock price over the last five trading days. seekingalpha.com reported 2025-03-08 that Magnolia expects 5% to 7% production growth in 2025 along with low-single digits oil production growth. This is with the same capex budget as 2024, and it could generate over $400 million in free cash flow at current strip. The majority of that free cash flow is expected to go towards share repurchases.
Analysts’ Opinion of MGY
Many brokerage firms have already submitted their reports for MGY stocks, with Goldman repeating the rating for MGY by listing it as a “Neutral.” The predicted price for MGY in the upcoming period, according to Goldman is $26 based on the research report published on January 31, 2025 of the current year 2025.
BofA Securities, on the other hand, stated in their research note that they expect to see MGY reach a price target of $28, previously predicting the price at $29. The rating they have provided for MGY stocks is “Neutral” according to the report published on January 13th, 2025.
Siebert Williams Shank gave a rating of “Hold” to MGY, setting the target price at $30 in the report published on October 15th of the previous year.
MGY Trading at -1.42% from the 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, the company was unable to rebound, for now settling with -18.26% of loss for the given period.
Volatility was left at 4.06%, however, over the last 30 days, the volatility rate increased by 4.26%, as shares surge +0.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.45% upper at present.
During the last 5 trading sessions, MGY rose by +0.25%, which changed the moving average for the period of 200-days by -6.65% in comparison to the 20-day moving average, which settled at $23.34. In addition, Magnolia Oil & Gas Corp saw 1.45% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MGY starting from Stavros Christopher G, who purchase 2,500 shares at the price of $22.05 back on Mar 03 ’25. After this action, Stavros Christopher G now owns 892,372 shares of Magnolia Oil & Gas Corp, valued at $55,138 using the latest closing price.
Millican Steve, the Officer of Magnolia Oil & Gas Corp, proposed sale 195,293 shares at $24.14 during a trade that took place back on Jan 08 ’25, which means that Millican Steve is holding shares at $4,714,373 based on the most recent closing price.
Stock Fundamentals for MGY
Current profitability levels for the company are sitting at:
- 0.39 for the present operating margin
- 0.51 for the gross margin
The net margin for Magnolia Oil & Gas Corp stands at 0.28. The total capital return value is set at 0.2. Equity return is now at value 20.06, with 12.97 for asset returns.
Based on Magnolia Oil & Gas Corp (MGY), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 2.35. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is 35.62.
Currently, EBITDA for the company is 922.0 million with net debt to EBITDA at 0.14. When we switch over and look at the enterprise to sales, we see a ratio of 3.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.42.
Conclusion
In conclusion, Magnolia Oil & Gas Corp (MGY) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
