Magnite, Inc. Common Stock

MGNINASDAQUSD
12.82 USD
0.40 (3.22%)AT CLOSE (11:59 AM EDT)
12.77
0.05 (0.42%)
POST MARKET (AS OF 07:36 PM EDT)
Post Market
AS OF 07:36 PM EDT
12.77
0.05 (0.42%)
🔴Market: CLOSED
Open?$12.37
High?$12.98
Low?$12.35
Prev. Close?$12.42
Volume?2.2M
Avg. Volume?2.5M
VWAP?$12.80
Rel. Volume?0.88x
Bid / Ask
Bid?$12.53 × 300
Ask?$13.00 × 200
Spread?$0.47
Midpoint?$12.77
Valuation & Ratios
Market Cap?1.8B
Shares Out?143.2M
Float?140.3M
Float %?97.7%
P/E Ratio?11.57
P/B Ratio?2.00
EPS?$1.11
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory. Magnite receives a percentage of all advertising inventory that it sells. 43% of Magnite's revenue is derived from connected television, or CTV, streaming platforms, 40% from mobile applications, and the remainder from general websites. Beyond the typical monetization responsibilities inherent to an SSP, Magnite also provides upstream advertising servers to CTV publishers, allowing them to have granular control over direct-sold, programmatic guaranteed, and open-auction logic. Magnite competes with other independent SSPs, supply path optimization solutions, and closed ecosystems like Meta.
Employees
971
Market Cap
1.8B
Industry
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Listed
2014-04-02
Address
1250 BROADWAY
NEW YORK, NY
Phone: 212-243-2769
Technical Outlook
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Fundamental Outlook
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Short Interest
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Financial Health
Current Ratio?1.02Adequate
Quick Ratio?1.02Adequate
Cash Ratio?0.11Low
Debt/Equity?0.38Low
ValuationATTRACTIVELY VALUED
Score
83/100
P/E?
11.6CHEAP
P/B?
2.00CHEAP
P/S?
2.54CHEAP
P/FCF?
38.8PRICEY
EV/EBITDA?
12.5FAIR
EV/Sales?
2.77CHEAP
Returns & Efficiency
ROE?
17.3%STRONG
ROA?
5.4%FAIR
Cash Flow & Enterprise
FCF?$47.3M
Enterprise Value?$2.0B
Fundamentals ratios updated end of day