Magnite Stock Analysis

Magnite Stock Analysis Notes

About 88.0% of the company shares are owned by institutional investors. The book value of Magnite was now reported as 5.14. The company has Price/Earnings (P/E) ratio of 228.22. Magnite had not issued any dividends in recent years. Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York. Magnite operates under Advertising Agencies classification in the United States and is traded on NASDAQ Exchange. It employs 876 people. To find out more about Magnite contact Michael Barrett at 212 243 2769 or learn more at https://www.magnite.com.

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Magnite Environmental, Social, and Governance (ESG) Scores

Magnite Stock Institutional Investors

Note, although Magnite'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.

Magnite Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.41 B.

Magnite Profitablity

The company has Profit Margin (PM) of 0.03 %, 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 0.09 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.09.

Management Efficiency

Magnite has return on total asset (ROA) of 0.0111 % which means that it generated a profit of $0.0111 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0251 %, meaning that it created $0.0251 on every $100 dollars invested by stockholders. Magnite's management efficiency ratios could be used to measure how well Magnite manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.1. The current Return On Capital Employed is estimated to decrease to -0.13. As of now, Magnite's Total Current Assets are increasing as compared to previous years. The Magnite's current Intangible Assets is estimated to increase to about 94.3 M, while Non Currrent Assets Other are projected to decrease to under 5 M.

Technical Drivers

As of the 26th of November, Magnite secures the Risk Adjusted Performance of 0.1004, downside deviation of 3.11, and Mean Deviation of 2.4. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Magnite, as well as the relationship between them.

Magnite Price Movement Analysis

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Magnite Forecast Models

Magnite's time-series forecasting models are one of many Magnite'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 Magnite'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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Magnite 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 Magnite 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 Magnite. By using and applying Magnite Stock analysis, traders can create a robust methodology for identifying Magnite entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Magnite analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Magnite analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Magnite stock analysis indicators help investors evaluate how Magnite stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Magnite shares will generate the highest return on investment. By understating and applying Magnite stock analysis, traders can identify Magnite position entry and exit signals to maximize returns.

When running Magnite's price analysis, check to measure Magnite'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 Magnite is operating at the current time. Most of Magnite's value examination focuses on studying past and present price action to predict the probability of Magnite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnite's price. Additionally, you may evaluate how the addition of Magnite to your portfolios can decrease your overall portfolio volatility.