Magyar Bancorp Stock Buy Hold or Sell Recommendation
| MGYR Stock | USD 10.99 0.09 0.83% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Magyar Bancorp is 'Sell'. Macroaxis provides Magyar Bancorp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MGYR positions. The advice algorithm takes into account all of Magyar Bancorp's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Magyar Bancorp's buy or sell advice are summarized below:
Real Value 9.26 | Hype Value 10.99 | Market Value 10.99 | Naive Value 10.95 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Magyar Bancorp given historical horizon and risk tolerance towards Magyar Bancorp. When Macroaxis issues a 'buy' or 'sell' recommendation for Magyar Bancorp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Magyar |
Execute Magyar Bancorp Buy or Sell Advice
The Magyar recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Magyar Bancorp. Macroaxis does not own or have any residual interests in Magyar Bancorp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Magyar Bancorp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Magyar Bancorp Trading Alerts and Improvement Suggestions
| Magyar Bancorp generated a negative expected return over the last 90 days | |
| Magyar Bancorp has a poor financial position based on the latest SEC disclosures | |
| About 17.0% of the company outstanding shares are owned by corporate insiders | |
| On 21st of May 2024 Magyar Bancorp paid $ 0.05 per share dividend to its current shareholders | |
| Latest headline from foxnews.com: Acquisition by Ansari Jon of 500 shares of Magyar Bancorp at 10.66 subject to Rule 16b-3 |
Magyar Bancorp Returns Distribution Density
The distribution of Magyar Bancorp's historical returns is an attempt to chart the uncertainty of Magyar Bancorp's future price movements. The chart of the probability distribution of Magyar Bancorp daily returns describes the distribution of returns around its average expected value. We use Magyar Bancorp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Magyar Bancorp returns is essential to provide solid investment advice for Magyar Bancorp.
| Mean Return | -0.04 | Value At Risk | -2.4 | Potential Upside | 2.83 | Standard Deviation | 1.59 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Magyar Bancorp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Magyar Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Magyar Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magyar Bancorp backward and forwards among themselves. Magyar Bancorp's institutional investor refers to the entity that pools money to purchase Magyar Bancorp's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-03-31 | 20.7 K | Renaissance Technologies Corp | 2023-12-31 | 15.7 K | Blackrock Inc | 2024-03-31 | 13.7 K | Bridgeway Capital Management, Llc | 2024-03-31 | 12.6 K | Morgan Stanley - Brokerage Accounts | 2024-03-31 | 3.8 K | Ubs Group Ag | 2024-03-31 | 151 | Wells Fargo & Co | 2024-03-31 | 48.0 | Royal Bank Of Canada | 2024-03-31 | 27.0 | Tower Research Capital Llc | 2023-12-31 | 0.0 | Alliancebernstein L.p. | 2024-03-31 | 659.2 K | M3f, Inc. | 2024-03-31 | 571.3 K |
Magyar Bancorp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 40.3M | 13.5M | (44.3M) | 41.6M | 47.8M | 50.2M | |
| Free Cash Flow | 667K | 8.8M | 10.8M | 8.5M | 9.8M | 6.8M | |
| Depreciation | 854K | 835K | 839K | 977K | 1.1M | 990K | |
| Other Non Cash Items | 2.1M | 1.9M | 427K | (7.7M) | (6.9M) | (6.6M) | |
| Capital Expenditures | 147K | 420K | 387K | 309K | 278.1K | 264.2K | |
| Net Income | 2.2M | 6.1M | 7.9M | 7.7M | 8.9M | 9.3M | |
| End Period Cash Flow | 21.5M | 61.7M | 75.2M | 30.9M | 35.6M | 21.6M | |
| Change To Inventory | (226K) | 700K | (1.6M) | (280K) | (252K) | (239.4K) | |
| Investments | (12.2M) | (26.0M) | (29.5M) | (66.1M) | (59.4M) | (56.5M) | |
| Change Receivables | (252K) | 48K | (1.9M) | 55K | 49.5K | 52.0K | |
| Net Borrowings | 665K | 31.2M | (44.1M) | (9.2M) | (8.2M) | (7.8M) | |
| Change To Netincome | 215K | 542K | 1.8M | (463K) | (416.7K) | (395.9K) |
Magyar Bancorp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Magyar Bancorp or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Magyar Bancorp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Magyar stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.04 | |
β | Beta against NYSE Composite | -0.46 | |
σ | Overall volatility | 1.63 | |
Ir | Information ratio | -0.05 |
Magyar Bancorp Volatility Alert
Magyar Bancorp exhibits very low volatility with skewness of -0.16 and kurtosis of 4.83. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Magyar Bancorp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Magyar Bancorp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Magyar Bancorp Fundamentals Vs Peers
Comparing Magyar Bancorp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Magyar Bancorp's direct or indirect competition across all of the common fundamentals between Magyar Bancorp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Magyar Bancorp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Magyar Bancorp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Magyar Bancorp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Magyar Bancorp to competition |
| Fundamentals | Magyar Bancorp | Peer Average |
| Return On Equity | 0.0733 | -0.31 |
| Return On Asset | 0.0087 | -0.14 |
| Profit Margin | 0.25 % | (1.27) % |
| Operating Margin | 0.32 % | (5.51) % |
| Current Valuation | 50.54 M | 16.62 B |
| Shares Outstanding | 6.59 M | 571.82 M |
| Shares Owned By Insiders | 17.33 % | 10.09 % |
| Shares Owned By Institutions | 31.27 % | 39.21 % |
| Number Of Shares Shorted | 2.5 K | 4.71 M |
| Price To Earning | 18.23 X | 28.72 X |
| Price To Book | 0.68 X | 9.51 X |
| Price To Sales | 2.41 X | 11.42 X |
| Revenue | 30.42 M | 9.43 B |
| Gross Profit | 29.43 M | 27.38 B |
| EBITDA | 10.74 M | 3.9 B |
| Net Income | 7.71 M | 570.98 M |
| Cash And Equivalents | 27.94 M | 2.7 B |
| Cash Per Share | 3.94 X | 5.01 X |
| Total Debt | 29.52 M | 5.32 B |
| Debt To Equity | 11.25 % | 48.70 % |
| Book Value Per Share | 17.02 X | 1.93 K |
| Cash Flow From Operations | 8.48 M | 971.22 M |
| Short Ratio | 0.94 X | 4.00 X |
| Earnings Per Share | 0.20 X | 3.12 X |
| Target Price | 13.0 | |
| Number Of Employees | 89 | 18.84 K |
| Beta | 0.3 | -0.15 |
| Market Capitalization | 72.47 M | 19.03 B |
| Total Asset | 907.29 M | 29.47 B |
| Retained Earnings | 52.17 M | 9.33 B |
| Annual Yield | 0.02 % | |
| Net Asset | 907.29 M | |
| Last Dividend Paid | 0.15 |
Note: Acquisition by Lombardi Michael F of 233 shares of Magyar Bancorp at 9.67 subject to Rule 16b-3 [view details]
Magyar Bancorp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Magyar . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 25.97 | |||
| Daily Balance Of Power | 0.8182 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 10.97 | |||
| Day Typical Price | 10.97 | |||
| Price Action Indicator | 0.07 | |||
| Period Momentum Indicator | 0.09 |
About Magyar Bancorp Buy or Sell Advice
When is the right time to buy or sell Magyar Bancorp? Buying financial instruments such as Magyar Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 15.6M | 29.5M | 26.6M | 30.0M | Total Assets | 798.5M | 907.3M | 1.0B | 610.6M |
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Additional Tools for Magyar Stock Analysis
When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp'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 Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.