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Magnite (DE:15R)
FRANKFURT:15R
Magnite (15R) Stock Price & Analysis
1 Followers
15R Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€6.05 - €13.59
Previous Close€8.51
Volume270.00
Average Volume (3M)222.00
Market Cap
€1.18B
Enterprise Value€1.37B
Total Cash (Recent Filing)$326.22M
Total Debt (Recent Filing)$536.59M
Price to Earnings (P/E)N/A
Beta1.83
Next Earnings
May 08, 2024Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding139,932,053
10 Day Avg. Volume5
30 Day Avg. Volume222
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)-3.77
Price to Sales (P/S)1.92
Price to Cash Flow (P/CF)3.50
P/FCF Ratio3.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.21
Enterprise Value/Gross Profit6.54
Enterprise Value/Ebitda25.31
Forecast
1Y Price Target
€13.63Price Target Upside55.83% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Magnite News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMagnite's strong financial performance is evident with revenue and adjusted EBITDA surpassing estimates, showcasing the company's robust financial health and market confidence.
Market Position And TechnologyMagnite's cutting-edge technology for programmatic ads on Connected TV is highly regarded, with high barriers to entry, positioning the company to capitalize on the ad market's secular growth.
Strategic PartnershipsStrategic partnerships, such as the one with Vizio, are anticipated to significantly boost Magnite's ad revenue, leveraging Vizio's SmartCast growth and potential integration with Walmart's Onn TVs.
Bears Say
Advertising RevenueA tepid ad spend environment could pressure growth.
Digital AdvertisingCookies deprecation could shift ad spending away from the open internet to platforms that do not rely on cookies.
Streaming ServicesAmazon Prime Video's shift to an ad-tier default streaming tier could impact CPMs negatively.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
1.19% Other Institutional Investors
98.81% Public Companies and
Individual Investors
15R FAQ
What was Magnite’s price range in the past 12 months?
Magnite lowest stock price was €6.05 and its highest was €13.59 in the past 12 months.
What is Magnite’s market cap?
Currently, no data Available
When is Magnite’s upcoming earnings report date?
Magnite’s upcoming earnings report date is May 08, 2024 which is in 5 days.
How were Magnite’s earnings last quarter?
Magnite released its earnings results on Feb 28, 2024. The company reported €0.271 earnings per share for the quarter, beating the consensus estimate of €0.262 by €0.008.
Is Magnite overvalued?
According to Wall Street analysts Magnite’s price is currently Undervalued.
Does Magnite pay dividends?
Magnite does not currently pay dividends.
What is Magnite’s EPS estimate?
Magnite’s EPS estimate is €0.
How many shares outstanding does Magnite have?
Currently, no data Available
What happened to Magnite’s price movement after its last earnings report?
Magnite reported an EPS of €0.271 in its last earnings report, beating expectations of €0.262. Following the earnings report the stock price went up 6.778%.
Which hedge fund is a major shareholder of Magnite?
Among the largest hedge funds holding Magnite’s share is Edenbrook Capital, LLC. It holds Magnite’s shares valued at 55M.
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Magnite Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
€13.63 (55.83% Upside)
€13.63 (55.83% Upside)
Blogger Sentiment
Bullish
DE:15R Sentiment 90%
Sector Average 66%
Sector Average 66%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.15%
12-Months-Change
Fundamentals
Return on Equity
-21.32%
Trailing 12-Months
Asset Growth
-0.86%
Trailing 12-Months
Company Description
Magnite
Magnite, Inc. offers technology solutions that automate the purchase and sale of digital advertising inventory. Publishers use its technology to monetize their content across multiple platforms, including CTV, online video, audio, and display. Moreover, ad agencies and brands leverage Magnite’s platform to access brand-safe, high-quality ad inventory.
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15R Company Deck
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15R Earnings Call
Q4 2024
0:00 / 0:00
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15R Stock 12 Months Forecast
Average Price Target
€13.63
▲(55.83% Upside)
Technical Analysis
Best Analysts Covering 15R
1 Year
1 Year Success Rate
11/19 ratings generated profit
1 Year Average Return
+135.30%
assigned a buy rating 9 months ago
Copying Matthew Thornton's trades and holding each position for 1 Year would result in 57.89% of your transactions generating a profit, with an average return of +135.30% per trade.
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