In last trading session, Magnera Corp (NYSE:MAGN) saw 0.72 million shares changing hands with its beta currently measuring 1.72. Company’s recent per share price level of $13.09 trading at -$0.46 or -3.39% at ring of the bell on the day assigns it a market valuation of $466.00M. That closing price of MAGN’s stock is at a discount of -104.58% from its 52-week high price of $26.78 and is indicating a premium of 6.8% from its 52-week low price of $12.20. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.02 million shares which gives us an average trading volume of 559.36K if we extend that period to 3-months.
Magnera Corp (NYSE:MAGN) trade information
Upright in the red during last session for losing -3.39%, in the last five days MAGN remained trading in the red while hitting it’s week-highest on Tuesday, 05/13/25 when the stock touched $13.09 price level, adding 16.3% to its value on the day. Magnera Corp’s shares saw a change of -27.96% in year-to-date performance and have moved -7.29% in past 5-day. Magnera Corp (NYSE:MAGN) showed a performance of -13.20% in past 30-days. Number of shares sold short was 2.06 million shares which calculate 3.85 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 16 to the stock, which implies a rise of 18.19% to its current value. Analysts have been projecting 16 as a low price target for the stock while placing it at a high target of 16. It follows that stock’s current price would drop -22.23% in reaching the projected high whereas dropping to the targeted low would mean a loss of -22.23% for stock’s current value.
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.
Magnera Corp (NYSE:MAGN)’s Major holders
Insiders are in possession of 0.66% of company’s total shares while institution are holding 99.69 percent of that, with stock having share float percentage of 100.35%. Investors also watch the number of corporate investors in a company very closely, which is 99.69% institutions for Magnera Corp that are currently holding shares of the company.
On the other hand, UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. and VANGUARD INDEX FUNDS-Vanguard Total Stock 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 1.06 shares of worth $13.83 million or 2.97% of the total outstanding shares. The later fund manager was in possession of 1.05 shares on Dec 31, 2024 , making its stake of worth around $13.71 million in the company or a holder of 2.94% of company’s stock.
