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NASDAQ: MGNI
Magnite Inc Stock

$9.10+0.26 (+2.94%)
Updated Apr 24, 2024
MGNI Price
$9.10
Fair Value Price
N/A
Market Cap
$1.27B
52 Week Low
$6.28
52 Week High
$15.73
P/E
-7.78x
P/B
1.81x
P/S
2.06x
PEG
N/A
Dividend Yield
N/A
Revenue
$619.71M
Earnings
-$159.18M
Gross Margin
33.9%
Operating Margin
-20.2%
Profit Margin
-25.7%
Debt to Equity
2.83
Operating Cash Flow
$214M
Beta
1.97
Next Earnings
May 8, 2024
Ex-Dividend
N/A
Next Dividend
N/A

MGNI Overview

Magnite Incorporated (formerly The Rubicon Project, Inc.) provides applications and services to digital advertising vendors or publishers that own and operate CTV (connected television) channels, applications, websites, and other digital media properties. Its customers include advertisers, agencies, agency trading desks, and demand side platforms. Magnite was incorporated in 2007 and is headquartered in New York, NY.

Zen Score

Industry Average (29)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how MGNI scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

MGNI is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
MGNI is good value based on its book value relative to its share price (1.81x), compared to the US Advertising Agencies industry average (3.4x)
P/B vs Industry Valuation
MGNI is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more MGNI due diligence checks available for Premium users.

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MGNI News

Valuation

MGNI fair value

Fair Value of MGNI stock based on Discounted Cash Flow (DCF)
Price
$9.10
Fair Value
$27.02
Undervalued by
66.32%
MGNI is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MGNI price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-7.78x
Industry
29.13x
Market
41.27x

MGNI price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.81x
Industry
3.4x
MGNI is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MGNI's financial health

Profit margin

Revenue
$186.9M
Net Income
$30.9M
Profit Margin
16.5%
MGNI's Earnings (EBIT) of -$125.18M... subscribe to Premium to read more.
Interest Coverage Financials
MGNI's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.7B
Liabilities
$2.0B
Debt to equity
2.83
MGNI's short-term assets ($1.52B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MGNI's short-term assets ($1.52B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MGNI's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
MGNI's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$89.1M
Investing
-$12.0M
Financing
-$62.2M
MGNI's operating cash flow ($214.37M)... subscribe to Premium to read more.
Debt Coverage Financials

MGNI vs Advertising Agency Stocks

TickerMarket Cap1d %P/EP/B
MGNI$1.27B+2.94%-7.78x1.81x
ADV$1.46B-2.35%-22.85x1.32x
IAS$1.53B-0.10%191.20x1.68x
QNST$968.82M+2.32%-12.17x4.50x
STGW$1.63B+1.16%N/A4.58x

Magnite Stock FAQ

What is Magnite's quote symbol?

(NASDAQ: MGNI) Magnite trades on the NASDAQ under the ticker symbol MGNI. Magnite stock quotes can also be displayed as NASDAQ: MGNI.

If you're new to stock investing, here's how to buy Magnite stock.

What is the 52 week high and low for Magnite (NASDAQ: MGNI)?

(NASDAQ: MGNI) Magnite's 52-week high was $15.73, and its 52-week low was $6.28. It is currently -42.15% from its 52-week high and 44.9% from its 52-week low.

How much is Magnite stock worth today?

(NASDAQ: MGNI) Magnite currently has 139,932,053 outstanding shares. With Magnite stock trading at $9.10 per share, the total value of Magnite stock (market capitalization) is $1.27B.

Magnite stock was originally listed at a price of $20.09 in Apr 2, 2014. If you had invested in Magnite stock at $20.09, your return over the last 10 years would have been -54.7%, for an annualized return of -7.61% (not including any dividends or dividend reinvestments).

How much is Magnite's stock price per share?

(NASDAQ: MGNI) Magnite stock price per share is $9.10 today (as of Apr 24, 2024).

What is Magnite's Market Cap?

(NASDAQ: MGNI) Magnite's market cap is $1.27B, as of Apr 25, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Magnite's market cap is calculated by multiplying MGNI's current stock price of $9.10 by MGNI's total outstanding shares of 139,932,053.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.