Magnolia Oil Earnings Estimate
| MGY Stock | USD 25.02 0.53 2.07% |
Magnolia Oil Revenue Breakdown by Earning Segment
By analyzing Magnolia Oil's earnings estimates, investors can diagnose different trends across Magnolia Oil's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Magnolia Oil's Pretax Profit Margin is fairly stable compared to the past year. Operating Profit Margin is likely to rise to 0.47 in 2024, whereas Gross Profit is likely to drop slightly above 574.8 M in 2024.
Magnolia |
Magnolia Oil Earnings Estimation Breakdown
The calculation of Magnolia Oil's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Magnolia Oil is estimated to be 0.56 with the future projection ranging from a low of 0.47 to a high of 0.65. Please be aware that this consensus of annual earnings estimates for Magnolia Oil Gas is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.47 Lowest | Expected EPS | 0.65 Highest |
Magnolia Oil Earnings Projection Consensus
Suppose the current estimates of Magnolia Oil's value are higher than the current market price of the Magnolia Oil stock. In this case, investors may conclude that Magnolia Oil is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Magnolia Oil's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2024 | Current EPS (TTM) | |
| 3 | 93.11% | 0.49 | 0.56 | 2.0 |
Magnolia Oil Earnings per Share Projection vs Actual
Actual Earning per Share of Magnolia Oil refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Magnolia Oil Gas predict the company's earnings will be in the future. The higher the earnings per share of Magnolia Oil, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Magnolia Oil Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Magnolia Oil, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Magnolia Oil should always be considered in relation to other companies to make a more educated investment decision.Magnolia Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Magnolia Oil's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-07 | 2024-03-31 | 0.46 | 0.49 | 0.03 | 6 | ||
2024-02-14 | 2023-12-31 | 0.53 | 0.52 | -0.01 | 1 | ||
2023-11-01 | 2023-09-30 | 0.53 | 0.54 | 0.01 | 1 | ||
2023-08-01 | 2023-06-30 | 0.42 | 0.51 | 0.09 | 21 | ||
2023-05-03 | 2023-03-31 | 0.54 | 0.5 | -0.04 | 7 | ||
2023-02-20 | 2022-12-31 | 0.77 | 1.2 | 0.43 | 55 | ||
2022-11-01 | 2022-09-30 | 1.13 | 1.29 | 0.16 | 14 | ||
2022-08-02 | 2022-06-30 | 1.18 | 1.32 | 0.14 | 11 | ||
2022-05-09 | 2022-03-31 | 0.88 | 0.9 | 0.02 | 2 | ||
2022-02-16 | 2021-12-31 | 0.8 | 0.82 | 0.02 | 2 | ||
2021-11-01 | 2021-09-30 | 0.61 | 0.67 | 0.06 | 9 | ||
2021-08-02 | 2021-06-30 | 0.41 | 0.56 | 0.15 | 36 | ||
2021-05-04 | 2021-03-31 | 0.26 | 0.38 | 0.12 | 46 | ||
2021-02-22 | 2020-12-31 | 0.1 | 0.15 | 0.05 | 50 | ||
2020-11-05 | 2020-09-30 | 0.07 | 0.06 | -0.01 | 14 | ||
2020-08-05 | 2020-06-30 | -0.06 | -0.08 | -0.02 | 33 | ||
2020-05-11 | 2020-03-31 | -0.08 | -0.11 | -0.03 | 37 | ||
2020-02-19 | 2019-12-31 | 0.07 | 0.05 | -0.02 | 28 | ||
2019-11-04 | 2019-09-30 | 0.09 | 0.05 | -0.04 | 44 | ||
2019-08-06 | 2019-06-30 | 0.16 | 0.12 | -0.04 | 25 | ||
2019-05-06 | 2019-03-31 | 0.14 | 0.08 | -0.06 | 42 | ||
2019-02-25 | 2018-12-31 | 0.29 | 0.21 | -0.08 | 27 | ||
2018-11-13 | 2018-09-30 | 0.43 | 0.45 | 0.02 | 4 | ||
2018-08-14 | 2018-06-30 | 0.89 | 0.34 | -0.55 | 61 | ||
2018-02-15 | 2017-12-31 | 0 | 0.01 | 0.01 | 0 |
About Magnolia Oil Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Magnolia Oil earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Magnolia Oil estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Magnolia Oil fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | 486.2 M | 510.5 M | |
| Retained Earnings Total Equity | 167.1 M | 175.5 M | |
| Earnings Yield | 0.1 | 0.10 | |
| Price Earnings Ratio | 10.32 | 12.32 | |
| Price Earnings To Growth Ratio | (0.18) | (0.19) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Magnolia Oil Gas offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magnolia Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magnolia Oil Gas Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnolia Oil Gas Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnolia Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Magnolia Oil Gas information on this page should be used as a complementary analysis to other Magnolia Oil's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Magnolia Stock analysis
When running Magnolia Oil's price analysis, check to measure Magnolia Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magnolia Oil is operating at the current time. Most of Magnolia Oil's value examination focuses on studying past and present price action to predict the probability of Magnolia Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnolia Oil's price. Additionally, you may evaluate how the addition of Magnolia Oil to your portfolios can decrease your overall portfolio volatility.
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Is Magnolia Oil's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magnolia Oil. If investors know Magnolia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magnolia Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 0.49 | Earnings Share 2 | Revenue Per Share 6.662 | Quarterly Revenue Growth 0.036 |
The market value of Magnolia Oil Gas is measured differently than its book value, which is the value of Magnolia that is recorded on the company's balance sheet. Investors also form their own opinion of Magnolia Oil's value that differs from its market value or its book value, called intrinsic value, which is Magnolia Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magnolia Oil's market value can be influenced by many factors that don't directly affect Magnolia Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magnolia Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnolia Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnolia Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.