Magnite Stock Buy Hold or Sell Recommendation
| MGNI Stock | USD 12.60 0.52 4.30% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Magnite is 'Sell'. The recommendation algorithm takes into account all of Magnite's available fundamental, technical, and predictive indicators you will find on this site.
Check out Magnite Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide. In addition, we conduct extensive research on individual companies such as Magnite and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Magnite. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Magnite |
Execute Magnite Buy or Sell Advice
The Magnite recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Magnite. Macroaxis does not own or have any residual interests in Magnite or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Magnite's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Very Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Magnite Trading Alerts and Improvement Suggestions
| Magnite generated a negative expected return over the last 90 days | |
| Magnite has high historical volatility and very poor performance | |
| Magnite is unlikely to experience financial distress in the next 2 years | |
| Magnite has a very strong financial position based on the latest SEC filings | |
| Over 89.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Disposition of 100000 shares by Michael Barrett of Magnite at 15.0 subject to Rule 16b-3 |
Magnite Returns Distribution Density
The distribution of Magnite's historical returns is an attempt to chart the uncertainty of Magnite's future price movements. The chart of the probability distribution of Magnite daily returns describes the distribution of returns around its average expected value. We use Magnite price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Magnite returns is essential to provide solid investment advice for Magnite.
| Mean Return | -0.48 | Value At Risk | -6.11 | Potential Upside | 5.72 | Standard Deviation | 3.58 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Magnite historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Magnite Stock Institutional Investors
| Shares | Geode Capital Management, Llc | 2024-12-31 | 3 M | State Street Corp | 2024-12-31 | 2.9 M | Bank Of New York Mellon Corp | 2024-12-31 | 2.5 M | Nomura Asset Management Co Ltd | 2024-12-31 | 1.9 M | Ubs Group Ag | 2024-12-31 | 1.7 M | Northern Trust Corp | 2024-12-31 | 1.7 M | Fmr Inc | 2024-12-31 | 1.6 M | Royce & Associates, Lp | 2024-12-31 | 1.6 M | Jpmorgan Chase & Co | 2024-12-31 | 1.5 M | Vanguard Group Inc | 2024-12-31 | 13.6 M | Blackrock Inc | 2024-12-31 | 10.2 M |
Magnite Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 28.8M | 113.0M | 95.8M | (283K) | 157.0M | 164.9M | |
| Free Cash Flow | (34.0M) | 97.5M | 148.2M | 177.0M | 202.4M | 212.5M | |
| Depreciation | 49.2M | 146.9M | 216.1M | 240.8M | 58.5M | 72.5M | |
| Other Non Cash Items | (2.1M) | 5.8M | 11.1M | (13.0M) | 662K | 628.9K | |
| Capital Expenditures | 22.0M | 29.1M | 44.4M | 26.8M | 32.8M | 26.8M | |
| Net Income | (53.4M) | 65K | (130.3M) | (159.2M) | 22.8M | 23.9M | |
| End Period Cash Flow | 117.7M | 230.7M | 326.5M | 326.2M | 483.2M | 507.4M | |
| Change To Inventory | (26.6M) | (16.3M) | (75.1M) | (284.9M) | (256.4M) | (243.6M) | |
| Investments | 32.6M | (691.0M) | (65.2M) | (40.6M) | (47.5M) | (49.9M) | |
| Change To Netincome | 19.9M | 27.3M | (56.8M) | 58.1M | 52.3M | 54.9M |
Magnite Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Magnite or Media sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Magnite's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Magnite stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 1.13 | |
σ | Overall volatility | 3.62 | |
Ir | Information ratio | -0.11 |
Magnite Volatility Alert
Magnite exhibits very low volatility with skewness of 0.41 and kurtosis of 0.48. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Magnite's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Magnite's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Magnite Fundamentals Vs Peers
Comparing Magnite's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Magnite's direct or indirect competition across all of the common fundamentals between Magnite and the related equities. This way, we can detect undervalued stocks with similar characteristics as Magnite or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Magnite's fundamental indicators could also be used in its relative valuation, which is a method of valuing Magnite by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Magnite to competition |
| Fundamentals | Magnite | Peer Average |
| Return On Equity | 0.031 | -0.31 |
| Return On Asset | 0.0115 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.21 % | (5.51) % |
| Current Valuation | 1.93 B | 16.62 B |
| Shares Outstanding | 142.95 M | 571.82 M |
| Shares Owned By Insiders | 1.90 % | 10.09 % |
| Shares Owned By Institutions | 89.20 % | 39.21 % |
| Number Of Shares Shorted | 10.43 M | 4.71 M |
| Price To Earning | 228.22 X | 28.72 X |
| Price To Book | 2.35 X | 9.51 X |
| Price To Sales | 2.70 X | 11.42 X |
| Revenue | 668.17 M | 9.43 B |
| Gross Profit | 409.33 M | 27.38 B |
| EBITDA | 51.09 M | 3.9 B |
| Net Income | 22.79 M | 570.98 M |
| Cash And Equivalents | 233.13 M | 2.7 B |
| Cash Per Share | 1.75 X | 5.01 X |
| Total Debt | 58.71 M | 5.32 B |
| Debt To Equity | 0.98 % | 48.70 % |
| Current Ratio | 1.14 X | 2.16 X |
| Book Value Per Share | 5.43 X | 1.93 K |
| Cash Flow From Operations | 235.2 M | 971.22 M |
| Short Ratio | 3.69 X | 4.00 X |
| Earnings Per Share | 0.16 X | 3.12 X |
| Price To Earnings To Growth | (0.33) X | 4.89 X |
| Target Price | 20.63 | |
| Number Of Employees | 905 | 18.84 K |
| Beta | 2.79 | -0.15 |
| Market Capitalization | 1.8 B | 19.03 B |
| Total Asset | 2.85 B | 29.47 B |
| Retained Earnings | (661.17 M) | 9.33 B |
| Working Capital | 207.2 M | 1.48 B |
Note: Acquisition by David Day of 43000 shares of Magnite subject to Rule 16b-3 [view details]
Magnite Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Magnite . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Magnite Buy or Sell Advice
When is the right time to buy or sell Magnite? Buying financial instruments such as Magnite Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Magnite in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Plastics Theme or any other thematic opportunities.
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Check out Magnite Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magnite. If investors know Magnite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magnite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.154 | Earnings Share 0.16 | Revenue Per Share | Quarterly Revenue Growth 0.038 | Return On Assets |
The market value of Magnite is measured differently than its book value, which is the value of Magnite that is recorded on the company's balance sheet. Investors also form their own opinion of Magnite's value that differs from its market value or its book value, called intrinsic value, which is Magnite's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magnite's market value can be influenced by many factors that don't directly affect Magnite's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magnite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnite's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.