Magnolia Oil & Gas Corp [MGY] stock prices are up 1.28% to $23.75 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MGY shares have gain 6.45% over the last week, with a monthly amount glided 3.26%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Magnolia Oil & Gas Corp [NYSE: MGY] stock has seen the most recent analyst activity on April 22, 2025, when UBS initiated its Buy rating and assigned the stock a price target of $26. Previously, Goldman downgraded its rating to Neutral on January 31, 2025, and dropped its price target to $26. On January 13, 2025, downgrade downgraded it’s rating to Neutral and revised its price target to $28 on the stock. Siebert Williams Shank downgraded its rating to a Hold but stick to its price target of $30 on October 15, 2024. Wells Fargo downgraded its rating to a Underweight and reduced its price target to $22 on October 01, 2024. Wolfe Research started tracking with a Outperform rating for this stock on July 18, 2024, and assigned it a price target of $32. In a note dated April 19, 2024, Piper Sandler downgraded an Neutral rating on this stock but restated the target price of $29.
The stock price of Magnolia Oil & Gas Corp [MGY] has been fluctuating between $19.09 and $29.02 over the past year. Currently, Wall Street analysts expect the stock to reach $28 within the next 12 months. Magnolia Oil & Gas Corp [NYSE: MGY] shares were valued at $23.75 at the most recent close of the market. An investor can expect a potential return of 17.89% based on the average MGY price forecast.
Analyzing the MGY fundamentals
The Magnolia Oil & Gas Corp [NYSE:MGY] reported sales of 1.35B for trailing twelve months, representing a surge of 9.67%. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.39%, Pretax Profit Margin comes in at 0.38%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.2 and Total Capital is 0.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 23.39 points at the first support level, and at 23.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.02, and for the 2nd resistance point, it is at 24.30.
Ratios To Look Out For
It’s worth pointing out that Magnolia Oil & Gas Corp [NYSE:MGY]’s Current Ratio is 1.33. Further, the Quick Ratio stands at 1.33, while the Cash Ratio is 0.81. Considering the valuation of this stock, the price to sales ratio is 3.39, the price to book ratio is 2.37 and price to earnings (TTM) ratio is 11.78.
Transactions by insiders
Recent insider trading involved Szabo Shandell, Director, that happened on May 02 ’25 when 11731.0 shares were purchased. CEO & DIRECTOR, Stavros Christopher G completed a deal on Mar 03 ’25 to buy 2500.0 shares. Meanwhile, Officer Millican Steve bought 0.2 million shares on Jan 08 ’25.
