Magnite is an advertising agencies business based in the US. Magnite shares (MGNI) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $16.66 – an increase of 22.41% over the previous week. Magnite employs 911 staff and has a trailing 12-month revenue of around $661.1 million.
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| Latest market close | $16.66 |
|---|---|
| 52-week range | $7.74 - $17.00 |
| 50-day moving average | $12.97 |
| 200-day moving average | $11.98 |
| Wall St. target price | $17.46 |
| PE ratio | 128.1539 |
| Dividend yield | N/A |
| Earnings per share (TTM) | $0.13 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $16.8 from 2024-11-13
| 1 week (2024-11-08) | 23.44% |
|---|---|
| 1 month (2024-10-15) | 36.36% |
| 3 months (2024-08-15) | 34.29% |
| 6 months (2024-05-15) | 71.43% |
| 1 year (2023-11-15) | 112.93% |
|---|---|
| 2 years (2022-11-15) | 46.47% |
| 3 years (2021-11-15) | 22.5 |
| 5 years (2019-11-15) | 107.66% |
Valuing Magnite stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Magnite's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Magnite's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 128x. In other words, Magnite shares trade at around 128x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Magnite's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $90.9 million.
The EBITDA is a measure of a Magnite's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $661.1 million |
|---|---|
| Operating margin TTM | 9.34% |
| Gross profit TTM | $269.9 million |
| Return on assets TTM | 1.11% |
| Return on equity TTM | 2.51% |
| Profit margin | 2.62% |
| Book value | $5.14 |
| Market Capitalization | $2.3 billion |
TTM: trailing 12 months
We're not expecting Magnite to pay a dividend over the next 12 months.
Over the last 12 months, Magnite's shares have ranged in value from as little as $7.74 up to $17. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Magnite's is 2.427. This would suggest that Magnite's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Magnite, Inc. , together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers. It markets its solutions through sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020.
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