Magyar Bancorp Stock Analysis

MGYR Stock  USD 13.91  0.26  1.90%   
Magyar Bancorp is undervalued with Real Value of 15.88 and Hype Value of 13.91. The main objective of Magyar Bancorp stock analysis is to determine its intrinsic value, which is an estimate of what Magyar Bancorp is worth, separate from its market price. There are two main types of Magyar Bancorp's stock analysis: fundamental analysis and technical analysis.
The Magyar Bancorp stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Magyar Bancorp is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Magyar Stock trading window is adjusted to America/New York timezone.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magyar Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
To learn how to invest in Magyar Stock, please use our How to Invest in Magyar Bancorp guide.

Magyar Stock Analysis Notes

About 18.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.8. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Magyar Bancorp last dividend was issued on the 14th of November 2024. The entity had 1221:1000 split on the 15th of July 2021. Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. As of July 21, 2021, Magyar Bancorp, Inc. was formerly a subsidiary of Magyar Bancorp, MHC Magyar Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 94 people. To find out more about Magyar Bancorp contact John Fitzgerald at 732 342 7600 or learn more at https://www.magbank.com.

Magyar Bancorp Quarterly Total Revenue

14.74 Million

Magyar Bancorp Investment Alerts

About 18.0% of the company outstanding shares are owned by corporate insiders
On 27th of November 2024 Magyar Bancorp paid $ 0.05 per share dividend to its current shareholders
Latest headline from bnnbloomberg.ca: Hungary Plans 40 percent Minimum Wage Hike by 2027 in Risk to Inflation

Magyar Bancorp Upcoming and Recent Events

18th of April 2024
Upcoming Quarterly Report
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31st of March 2024
Next Fiscal Quarter End
View

Magyar Largest EPS Surprises

Earnings surprises can significantly impact Magyar Bancorp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2007-04-23
2007-03-310.040.03-0.0125 
2008-01-23
2007-12-310.040.02-0.0250 
2007-11-07
2007-09-300.040.02-0.0250 
View All Earnings Estimates

Magyar Bancorp Environmental, Social, and Governance (ESG) Scores

Magyar Bancorp's ESG score is a quantitative measure that evaluates Magyar Bancorp's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Magyar Bancorp's operations that may have significant financial implications and affect Magyar Bancorp's stock price as well as guide investors towards more socially responsible investments.

Magyar Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Renaissance Technologies Corp2024-09-30
14.3 K
Bridgeway Capital Management, Llc2024-09-30
13.6 K
Blackrock Inc2024-06-30
13.4 K
Private Advisor Group, Llc2024-09-30
11.1 K
Morgan Stanley - Brokerage Accounts2024-06-30
7.6 K
Ubs Group Ag2024-06-30
1.1 K
Pom Investment Strategies, Llc2024-09-30
428
Royal Bank Of Canada2024-06-30
117
Bank Of America Corp2024-06-30
108
Alliancebernstein L.p.2024-06-30
653.4 K
M3f, Inc.2024-09-30
463 K
Note, although Magyar Bancorp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Magyar Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 85.93 M.

Magyar Profitablity

The company has Profit Margin (PM) of 0.25 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.44 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.44.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed 0.05  0.05 
Return On Assets 0.01  0.01 
Return On Equity 0.07  0.07 

Management Efficiency

As of 11/28/2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.05. At this time, Magyar Bancorp's Non Current Assets Total are relatively stable compared to the past year. As of 11/28/2024, Non Currrent Assets Other is likely to grow to about 892.9 M, though Other Assets are likely to grow to (664.1 M). Magyar Bancorp's management efficiency ratios could be used to measure how well Magyar Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 14.68  15.41 
Tangible Book Value Per Share 15.18  15.94 
Enterprise Value Over EBITDA 2.27  2.15 
Price Book Value Ratio 0.72  1.09 
Price Fair Value 0.72  1.09 
Enterprise Value Multiple 2.27  2.15 
Enterprise Value79.3 M71.6 M
The strategic vision of Magyar Bancorp management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Dividend Yield
0.0154
Operating Margin
0.4423
Profit Margin
0.2471
Forward Dividend Yield
0.0154
Beta
0.276

Technical Drivers

As of the 28th of November, Magyar Bancorp secures the Risk Adjusted Performance of 0.1677, mean deviation of 0.6788, and Downside Deviation of 0.7983. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Magyar Bancorp, as well as the relationship between them. Please verify Magyar Bancorp semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Magyar Bancorp is priced some-what accurately, providing market reflects its recent price of 13.91 per share. Given that Magyar Bancorp has jensen alpha of 0.1739, we recommend you to check Magyar Bancorp's last-minute market performance to make sure the company can sustain itself at a future point.

Magyar Bancorp Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Magyar Bancorp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Magyar Bancorp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Magyar Bancorp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Magyar Bancorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Magyar Bancorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Magyar Bancorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Magyar Bancorp Outstanding Bonds

Magyar Bancorp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Magyar Bancorp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Magyar bonds can be classified according to their maturity, which is the date when Magyar Bancorp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Magyar Bancorp Predictive Daily Indicators

Magyar Bancorp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Magyar Bancorp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Magyar Bancorp Corporate Filings

8K
22nd of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
31st of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
5th of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
13th of August 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
25th of July 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
18th of June 2024
Other Reports
ViewVerify
F4
31st of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
13th of May 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify

Magyar Bancorp Forecast Models

Magyar Bancorp's time-series forecasting models are one of many Magyar Bancorp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Magyar Bancorp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Magyar Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Magyar Bancorp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Magyar shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Magyar Bancorp. By using and applying Magyar Stock analysis, traders can create a robust methodology for identifying Magyar entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.21  0.20 
Operating Profit Margin 0.21  0.20 
Net Profit Margin 0.15  0.14 
Gross Profit Margin 0.89  0.78 

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Additional Tools for Magyar Stock Analysis

When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.