What 8 Analyst Ratings Have To Say About Magnolia Oil & Gas
Portfolio Pulse from Benzinga Insights
Over the past three months, 8 analysts have shared their ratings on Magnolia Oil & Gas (NYSE:MGY), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target is $30.38, a 2% decline from the previous target. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Magnolia Oil & Gas has shown strong financial performance with a 20.13% revenue growth rate, a net margin of 28.02%, and a debt-to-equity ratio of 0.22.
September 04, 2024 | 6:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Analysts have mixed ratings on Magnolia Oil & Gas, with a slight decline in the average price target to $30.38. The company's strong financial performance, including a 20.13% revenue growth rate and a 28.02% net margin, supports a positive outlook.
The mixed analyst ratings, with a slight decline in the average price target, suggest a cautious but generally positive outlook. The company's strong financial performance, including high revenue growth and net margin, supports a likely positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100