Expert Ratings For Magnolia Oil & Gas
Portfolio Pulse from Benzinga Insights
Magnolia Oil & Gas (NYSE:MGY) has been analyzed by 5 analysts, showing a mix of ratings from bullish to bearish. The average 12-month price target is now $25.00, down from $27.00, with a high of $33.00 and a low of $18.00. Analyst actions include both upgrades and downgrades, reflecting changing market dynamics and company performance. Despite revenue challenges with a -34.64% decline over 3 months, Magnolia Oil & Gas boasts a high net margin of 31.95% and strong financial health indicators such as ROE of 6.12% and ROA of 3.86%.
February 16, 2024 | 3:00 pm
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Magnolia Oil & Gas has received mixed analyst ratings with a revised average price target of $25.00. Despite a significant revenue decline, the company's strong profitability and financial health metrics may influence investor sentiment.
The mixed analyst ratings and revised price target reflect uncertainty, but strong financial health indicators like high net margin, ROE, and ROA suggest resilience. The revenue decline is a concern, but the company's profitability and efficient capital use may mitigate negative impacts in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100