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Magnite Inc logo

MGNI - Magnite Inc Share Price

$29.18 -0.3  -1.0%

Last Trade - 17/09/21

Sector
Technology
Size
Large Cap
Market Cap £2.79bn
Enterprise Value £3.17bn
Revenue £231.6m
Position in Universe 1694th / 7149
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +15.2%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -54.7%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
248.5 278.2 155.5 124.7 156.4 221.6 416.1 545.8 -2.3%
+45.7
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2021, Magnite Increvenues increased from $78.6M to $175.3M. Net incometotaled $23.9M vs. loss of $48.8M. Revenues reflect Mobilesegment increase from $19.2M to $68.5M, CTV segmentincrease from $7.9M to $57.2M, United States segmentincrease from $56.1M to $133.2M, International segmentincrease of 87% to $42M. Net Income reflects Other Incomeincrease of 83% to $2.4M (income).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for MGNI
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
MGNI EPS Forecasts Unlock MGNI Revenue
Profile Summary

Magnite, Inc. is a provider of technology solutions to automate the purchase and sale of digital advertising inventory. The Company operates a sell side advertising platform that offers buyers and sellers of digital advertising a single partner for transacting globally across all channels, formats, and auction types. The Company's platform features applications and services for sellers of digital advertising inventory, or publishers, that own or operate websites, applications, connected television (CTV), channels, and other digital media properties, to manage and monetize their inventory. Its platform also features applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms, to buy digital advertising inventory; and a transparent, independent marketplace that brings buyers and sellers together and facilitates intelligent decision making and automated transaction execution at scale.

Directors
Last Annual December 31st, 2020
Last Interim June 30th, 2021
Incorporated April 20, 2007
Public Since February 4, 2014
No. of Shareholders: 62
No. of Employees: 569
Sector Technology
Industry Software & IT Services
Index Nasdaq Composite ,
Exchange NASDAQ Global Select Market
Shares in Issue 131,250,746
Free Float (0.0%)
Eligible for
ISAs
SIPPs
MGNI Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for MGNI
Upcoming Events for MGNI
Monday 20th September, 2021
Magnite Inc at Truist Financial Virtual Bus Tour
Monday 8th November, 2021 Estimate
Q3 2021 Magnite Inc Earnings Release
Tuesday 16th November, 2021
Magnite Inc at Craig-Hallum Virtual Investor Conference
Wednesday 17th November, 2021
Magnite Inc at RBC Capital Markets TIMT Conference
Thursday 2nd December, 2021
Magnite Inc at Stephens Investment Conference
Thursday 3rd February, 2022 Estimate
Q4 2021 Magnite Inc Earnings Release
Frequently Asked Questions for Magnite Inc
What is the Magnite Inc share price?

As of 17/09/21, shares in Magnite Inc are trading at $29.18, giving the company a market capitalisation of £2.79bn. This share price information is delayed by 15 minutes.

How has the Magnite Inc share price performed this year?

Shares in Magnite Inc are currently trading at $29.18 and the price has moved by 0.367k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Magnite Inc price has moved by 0.246k% over the past year.

What are the analyst and broker recommendations for Magnite Inc?

Of the analysts with advisory recommendations for Magnite Inc, there are there are currently 1 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Magnite Inc is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Magnite Inc next release its financial results?

Magnite Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2022-06-30
What is the Magnite Inc dividend yield?

Magnite Inc does not currently pay a dividend.

Does Magnite Inc pay a dividend?

Magnite Inc does not currently pay a dividend.

When does Magnite Inc next pay dividends?

Magnite Inc does not currently pay a dividend.

How do I buy Magnite Inc shares?

To buy shares in Magnite Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Magnite Inc?

Shares in Magnite Inc are currently trading at $29.18, giving the company a market capitalisation of £2.79bn.

Where are Magnite Inc shares listed? Where are Magnite Inc shares listed?

Here are the trading details for Magnite Inc:

Country of listing: United States
Exchange: NSQ
Ticker Symbol: MGNI
What kind of share is Magnite Inc?

Based on an overall assessment of its quality, value and momentum, Magnite Inc is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Magnite Inc share price forecast 2021?

Shares in Magnite Inc are currently priced at $29.18. At that level they are trading at 66% discount to the analyst consensus target price of 0.00.

Analysts covering Magnite Inc currently have a consensus Earnings Per Share (EPS) forecast of 0.621 for the next financial year.

How can I tell whether the Magnite Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Magnite Inc. Over the past six months, the relative strength of its shares against the market has been -49.28%. At the current price of $29.18, shares in Magnite Inc are trading at -15.85% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Magnite Inc PE Ratio?

The Magnite Inc PE ratio based on its reported earnings over the past 12 months is 0.105k. The shares are currently trading at $29.18.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Magnite Inc?

Magnite Inc's management team is headed by:

David Day - CFO
Robert Frankenberg - LED
Michael Barrett - PRE
Sarah Harden - IND
Paul Caine - CHM
Doug Knopper - IND
Rachel Lam - IND
James Rossman - IND
Shawna Hughes - CHO
Aaron Saltz - GCN
Katie Evans - COO
J. Allen Dove - CTO
Sean Buckley - OTH
David Hertog - CMO
Brian Gephart - CAO
Who are the major shareholders of Magnite Inc?

Here are the top five shareholders of Magnite Inc based on the size of their shareholding:

RTL Group SA Corporation
Percentage owned: 9.43% (12.4m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 8.88% (11.6m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 5.01% (6.58m shares)
Fidelity Management & Research Company LLC Investment Advisor
Percentage owned: 4.98% (6.54m shares)
Granahan Investment Management, Inc. Investment Advisor
Percentage owned: 4.93% (6.47m shares)
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