The stock of Magnite Inc (MGNI) has seen a 19.55% increase in the past week, with a 58.61% gain in the past month, and a -25.42% decrease in the past quarter. The volatility ratio for the week is 3.94%, and the volatility levels for the past 30 days are at 7.36% for MGNI.. The simple moving average for the past 20 days is 23.62% for MGNI’s stock, with a -0.01% simple moving average for the past 200 days.
Is It Worth Investing in Magnite Inc (NASDAQ: MGNI) Right Now?
Magnite Inc (NASDAQ: MGNI) has a price-to-earnings ratio that is above its average at 102.92x. The stock has a 36-month beta value of 2.79. Opinions on the stock are mixed, with 9 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for MGNI is 136.85M, and at present, short sellers hold a 10.28% of that float. On May 08, 2025, the average trading volume of MGNI was 2.84M shares.
MGNI) stock’s latest price update
The stock of Magnite Inc (NASDAQ: MGNI) has increased by 14.84 when compared to last closing price of 12.43.Despite this, the company has seen a gain of 19.55% in its stock price over the last five trading days. prnewswire.com reported 2025-05-08 that NEW YORK, May 8, 2025 /PRNewswire/ — ITN, the leader in automated activation technology for local TV, and Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced a breakthrough collaboration to modernize the execution of local TV advertising, enabling advertisers to transact live linear ads from local TV stations programmatically for the first time. The local TV advertising market is expected to reach $21 billion in the US this year.
Analysts’ Opinion of MGNI
Many brokerage firms have already submitted their reports for MGNI stocks, with Needham repeating the rating for MGNI by listing it as a “Buy.” The predicted price for MGNI in the upcoming period, according to Needham is $20 based on the research report published on December 05, 2024 of the previous year 2024.
Scotiabank, on the other hand, stated in their research note that they expect to see MGNI reach a price target of $22. The rating they have provided for MGNI stocks is “Sector Outperform” according to the report published on December 05th, 2024.
Wells Fargo gave a rating of “Equal Weight” to MGNI, setting the target price at $13 in the report published on October 29th of the previous year.
MGNI Trading at 17.44% from the 50-Day Moving Average
After a stumble in the market that brought MGNI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.95% of loss for the given period.
Volatility was left at 7.36%, however, over the last 30 days, the volatility rate increased by 3.94%, as shares surge +32.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.07% lower at present.
During the last 5 trading sessions, MGNI rose by +19.93%, which changed the moving average for the period of 200-days by -6.04% in comparison to the 20-day moving average, which settled at $11.55. In addition, Magnite Inc saw -10.33% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MGNI starting from Gephart Brian, who sale 6,250 shares at the price of $16.00 back on Mar 03 ’25. After this action, Gephart Brian now owns 132,909 shares of Magnite Inc, valued at $100,000 using the latest closing price.
Soroca Adam Lee, the CHIEF PRODUCT OFFICER of Magnite Inc, sale 15,499 shares at $15.75 during a trade that took place back on Mar 03 ’25, which means that Soroca Adam Lee is holding 458,386 shares at $244,109 based on the most recent closing price.
Stock Fundamentals for MGNI
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.6 for the gross margin
The net margin for Magnite Inc stands at 0.03. The total capital return value is set at 0.04. Equity return is now at value 3.10, with 0.82 for asset returns.
Based on Magnite Inc (MGNI), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.39. The debt to equity ratio resting at 0.79. The interest coverage ratio of the stock is 1.89.
Currently, EBITDA for the company is 51.09 million with net debt to EBITDA at 1.13. When we switch over and look at the enterprise to sales, we see a ratio of 3.26. The receivables turnover for the company is 0.56for trailing twelve months and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.
Conclusion
To sum up, Magnite Inc (MGNI) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
