Magnolia Oil & Gas Corp (NYSE: MGY) open the trading on Thursday, with a bit cautious approach as it glided -0.15% to $26.80, before settling in for the price of $26.84 at the close. Taking a more long-term approach, MGY posted a 52-week range of $18.72-$27.20.
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The Energy Sector giants’ yearly sales growth during the last 5-year period was 18.53%. Meanwhile, its Annual Earning per share during the time was 14.59%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 4.66%. This publicly-traded company’s shares outstanding now amounts to $183.16 million, simultaneously with a float of $171.53 million. The organization now has a market capitalization sitting at $5.47 billion. At the time of writing, stock’s 50-day Moving Average stood at $23.35, while the 200-day Moving Average is $22.23.
Magnolia Oil & Gas Corp (MGY) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Oil & Gas E&P industry. Magnolia Oil & Gas Corp’s current insider ownership accounts for 16.02%, in contrast to 92.68% institutional ownership. According to the most recent insider trade that took place on Sep 12 ’23, this organization’s Director bought 1,000 shares at the rate of 23.52, making the entire transaction reach 23,520 in total value, affecting insider ownership by 76,671.
Magnolia Oil & Gas Corp (MGY) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted $0.52 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at $0.53) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.52 per share during the current fiscal year.
Magnolia Oil & Gas Corp’s EPS increase for this current 12-month fiscal period is 4.66% and is forecasted to reach 2.42 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -9.83% through the next 5 years, which can be compared against the 14.59% growth it accomplished over the previous five years trading on the market.
Magnolia Oil & Gas Corp (NYSE: MGY) Trading Performance Indicators
Let’s observe the current performance indicators for Magnolia Oil & Gas Corp (MGY). It’s Quick Ratio in the last reported quarter now stands at 1.88. The Stock has managed to achieve an average true range (ATR) of 0.49. Alongside those numbers, its PE Ratio stands at $13.14, and its Beta score is 2.04. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.46. Similarly, its price to free cash flow for trailing twelve months is now 131.55.
In the same vein, MGY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.04, a figure that is expected to reach 0.47 in the next quarter, and analysts are predicting that it will be 2.42 at the market close of one year from today.
Technical Analysis of Magnolia Oil & Gas Corp (MGY)
[Magnolia Oil & Gas Corp, MGY] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 76.21% While, its Average True Range was 0.48.
Raw Stochastic average of Magnolia Oil & Gas Corp (MGY) in the period of the previous 100 days is set at 94.97%, which indicates a major rise in contrast to 83.50% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 14.82% that was lower than 24.58% volatility it exhibited in the past 100-days period.
