On Friday, Magnolia Oil & Gas Corp (NYSE: MGY) opened higher 3.82% from the last session, before settling in for the closing price of $19.63. Price fluctuations for MGY have ranged from $19.09 to $29.02 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 18.77% annually for the last half of the decade. Company’s average yearly earnings per share was noted 6.59% at the time writing. With a float of $183.99 million, this company’s outstanding shares have now reached $189.36 million.
In an organization with 252 employees, it is important to assess its efficiency. 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
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Magnolia Oil & Gas Corp is 5.18%, while institutional ownership is 105.99%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.97% 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
Check out the current performance indicators for Magnolia Oil & Gas Corp (MGY). In the past 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 3.01. Likewise, its price to free cash flow for the trailing twelve months is 14.85.
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 2.22 in one year’s time.
Technical Analysis of Magnolia Oil & Gas Corp (MGY)
Let’s dig in a bit further. During the last 5-days, its volume was 4.38 million. That was better than the volume of 2.86 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 24.09%. Additionally, its Average True Range was 1.37.
During the past 100 days, Magnolia Oil & Gas Corp’s (MGY) raw stochastic average was set at 12.99%, which indicates a significant decrease from 18.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 94.52% in the past 14 days, which was higher than the 45.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.49, while its 200-day Moving Average is $25.02. However, in the short run, Magnolia Oil & Gas Corp’s stock first resistance to watch stands at $20.85. Second resistance stands at $21.32. The third major resistance level sits at $22.05. If the price goes on to break the first support level at $19.64, it is likely to go to the next support level at $18.91. Assuming the price breaks the second support level, the third support level stands at $18.44.
Magnolia Oil & Gas Corp (NYSE: MGY) Key Stats
There are currently 194,159K shares outstanding in the company with a market cap of 3.95 billion. Presently, the company’s annual sales total 1,316 M according to its annual income of 366,030 K. Last quarter, the company’s sales amounted to 326,610 K and its income totaled 85,600 K.
