In last trading session, Magnera Corp (NYSE:MAGN) saw 0.38 million shares changing hands with its beta currently measuring 1.70. Company’s recent per share price level of $21.44 trading at -$0.32 or -1.47% at ring of the bell on the day assigns it a market valuation of $758.97M. That closing price of MAGN’s stock is at a discount of -38.85% from its 52-week high price of $29.77 and is indicating a premium of 26.31% from its 52-week low price of $15.80.
Magnera Corp (NYSE:MAGN) trade information
Upright in the red during last session for losing -1.47%, in the last five days MAGN remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $21.44 price level, adding 7.51% to its value on the day. Magnera Corp’s shares saw a change of 18.00% in year-to-date performance and have moved -6.74% in past 5-day. Magnera Corp (NYSE:MAGN) showed a performance of 22.10% in past 30-days.
Wall Street analysts have assigned a consensus price target of 22 to the stock, which implies a rise of 2.55% to its current value. Analysts have been projecting 22 as a low price target for the stock while placing it at a high target of 22. It follows that stock’s current price would drop -2.61% in reaching the projected high whereas dropping to the targeted low would mean a loss of -2.61% for stock’s current value.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 878M for the same. And 1 analysts are in estimates of company making revenue of 867M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 15.44% during past 5 years.
On the other hand, Fidelity Equity Dividend Income Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 259.64 shares of worth $5.57 million or 0.73% of the total outstanding shares. The later fund manager was in possession of 196.32 shares on Dec 31, 2024 , making its stake of worth around $4.21 million in the company or a holder of 0.55% of company’s stock.
