On Friday, Magnolia Oil & Gas Corp (NYSE: MGY) was -0.83% drop from the session before settling in for the closing price of $25.33. A 52-week range for MGY has been $21.63 – $29.02.
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Annual sales at Energy sector company grew by 18.77% over the past five years. When this article was written, the company’s average yearly earnings per share was at 9.21%. With a float of $183.37 million, this company’s outstanding shares have now reached $189.36 million.
Let’s look at the performance matrix of the company that is accounted for 252 employees. In terms of profitability, gross margin is 51.44%, operating margin of 38.91%, and the pretax margin is 37.48%.
Magnolia Oil & Gas Corp (MGY) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Magnolia Oil & Gas Corp stocks. The insider ownership of Magnolia Oil & Gas Corp is 5.56%, while institutional ownership is 114.67%. The most recent insider transaction that took place on Mar 03 ’25, was worth 55,138. In this transaction CEO & DIRECTOR of this company bought 2,500 shares at a rate of $22.05, taking the stock ownership to the 892,372 shares. Before that another transaction happened on Jan 08 ’25, when Company’s Officer proposed sale 195,293 for $24.14, making the entire transaction worth $4,714,373.
Magnolia Oil & Gas Corp (MGY) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 9.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.57% during the next five years compared to 46.84% growth over the previous five years of trading.
Magnolia Oil & Gas Corp (NYSE: MGY) Trading Performance Indicators
You can see what Magnolia Oil & Gas Corp (MGY) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.70. Likewise, its price to free cash flow for the trailing twelve months is 18.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.94, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 2.29 in one year’s time.
Technical Analysis of Magnolia Oil & Gas Corp (MGY)
Magnolia Oil & Gas Corp (NYSE: MGY) saw its 5-day average volume 8.04 million, a positive change from its year-to-date volume of 2.77 million. As of the previous 9 days, the stock’s Stochastic %D was 91.93%. Additionally, its Average True Range was 0.87.
During the past 100 days, Magnolia Oil & Gas Corp’s (MGY) raw stochastic average was set at 47.23%, which indicates a significant decrease from 91.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.72% in the past 14 days, which was higher than the 30.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.14, while its 200-day Moving Average is $25.11. Nevertheless, the first resistance level for the watch stands at $25.43 in the near term. At $25.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $26.02. If the price goes on to break the first support level at $24.84, it is likely to go to the next support level at $24.56. Assuming the price breaks the second support level, the third support level stands at $24.25.
Magnolia Oil & Gas Corp (NYSE: MGY) Key Stats
There are 194,159K outstanding shares of the company, which has a market capitalization of 4.87 billion. As of now, sales total 1,316 M while income totals 366,030 K. Its latest quarter income was 326,610 K while its last quarter net income were 85,600 K.
