Key Takeaways From Magnolia Oil & Gas Analyst Ratings
Portfolio Pulse from Benzinga Insights
Magnolia Oil & Gas (NYSE:MGY) has been evaluated by 10 analysts over the past three months, with a mix of bullish and neutral ratings. Recent analyst actions include both raised and lowered price targets, with an average 12-month target of $29.6, down 3.27% from the previous average. The company has shown strong financial performance with a 20.13% revenue growth rate, a 28.02% net margin, and a low debt-to-equity ratio of 0.22.
September 30, 2024 | 8:00 pm
News sentiment analysis
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NEUTRAL IMPACT
Magnolia Oil & Gas has received mixed analyst ratings with a slight decrease in the average price target. Despite this, the company shows strong financial performance with significant revenue growth and profitability.
The mixed analyst ratings and slight decrease in average price target suggest a neutral short-term impact on MGY's stock price. However, the company's strong financial performance, including high revenue growth and profitability, provides a positive outlook, balancing the analyst sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100