15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 14 firms covering Magnolia Oil & Gas Corp, 10 rate it Buy or better, 4 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $26.00 to $38.00, a moderate spread. The average target of $31.57 sits 15% above the current $27.43. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 9 to 10 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.87 next quarter toward $3.19 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS14 ratings
Moderate Buy
Strong Buy00%
Buy1071%
Hold429%
Sell00%
Strong Sell00%
Based on 14 analysts giving stock ratings to Magnolia Oil & Gas Corp.
As of Sep, 10 of 14 firms rate MGY a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
MGY EPS & revenue forecast
EPS · NEXT QUARTER
$0.87
Range $0.67 – $1.14 · 16 analysts · +131% YoY
Next period, 16 analysts expect Magnolia Oil & Gas Corp to earn $0.87 a share (range $0.67 – $1.14), versus $0.38 a year earlier. Full-year consensus is $2.98, growing to $3.19 the year after.
REVENUE · NEXT QUARTER
$686.1M
Range $637.8M – $775.0M · 16 analysts · +116% YoY
Revenue is expected to reach $686.1M (range $637.8M – $775.0M), +116.0% year-over-year. Full-year consensus is $1.9B, rising to $2.7B next year.
Top analysts covering Magnolia Oil & Gas Corp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MGY.
#1
Scott Gruber
Citigroup · Rank #16
Hold
$25.00-8.9% to target
Overall win rate
59%
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#2
Neil Mehta
Goldman Sachs · Rank #78
Hold
$26.00-5.2% to target
Overall win rate
42%
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#3
Mark Lear
Piper Sandler · Rank #161
Hold
$31.00+13.0% to target
Overall win rate
47%
+ Follow
#4
Tim Rezvan
Keybanc · Rank #282
Buy
$38.00+38.5% to target
Overall win rate
34%
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#5
WJ
William Janela
Mizuho
Buy
$33.00+20.3% to target
Coverage
—
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MGY stock forecast FAQ
What is MGY's average 12-month price target?+
The 14 analysts with a live target average $31.57 for Magnolia Oil & Gas Corp over the next 12 months, ranging from a $38.00 high to a $26.00 low.
Is MGY stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 14 analyst ratings, 10 are Buy or Strong Buy, 4 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for MGY?+
The Street-high target is $38.00 (Keybanc), and the Street-low is $26.00 (Goldman Sachs). The average of all 14 active targets is $31.57.
How many Wall Street analysts cover MGY?+
14 analysts have an active rating on Magnolia Oil & Gas Corp, and 14 firms carry a live 12-month price target.
Who is the most accurate analyst covering MGY?+
Among analysts who currently cover MGY, Scott Gruber of Citigroup has the strongest overall Quantellect track record (Rank #16). Their current call is Hold with a $25.00 target.
What is Magnolia Oil & Gas Corp's projected EPS for next quarter?+
The consensus estimate is $0.87 per share (range $0.67 – $1.14) across 16 analysts. Full-year EPS is projected at $2.98, rising to $3.19 the following year.
How much revenue is Magnolia Oil & Gas Corp expected to report next quarter?+
Consensus revenue is $686.1M (range $637.8M – $775.0M). Full-year revenue is projected at $1.9B, growing to $2.7B next year.
Have analysts been upgrading or downgrading MGY lately?+
As of Sep, 10 of 14 firms rate MGY a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MGY calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
