Magnolia Price To Sales Ratio from 2010 to 2024
MGY Stock | USD 27.68 0.27 0.97% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 3.26511249 | Current Value 3.47 | Quarterly Volatility 2.11842034 |
Check Magnolia Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magnolia Oil's main balance sheet or income statement drivers, such as Tax Provision of 17.8 M, Depreciation And Amortization of 289.4 M or Interest Expense of 31.4 K, as well as many indicators such as Price To Sales Ratio of 3.47, Dividend Yield of 0.0116 or PTB Ratio of 1.66. Magnolia financial statements analysis is a perfect complement when working with Magnolia Oil Valuation or Volatility modules.
Magnolia | Price To Sales Ratio |
Latest Magnolia Oil's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Magnolia Oil Gas over the last few years. Price to Sales Ratio is figured by comparing Magnolia Oil Gas stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Magnolia Oil sales, a figure that is much harder to manipulate than other Magnolia Oil Gas multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. Magnolia Oil's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magnolia Oil's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 4.15 X | 10 Years Trend |
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Price To Sales Ratio |
Timeline |
Magnolia Price To Sales Ratio Regression Statistics
Arithmetic Mean | 4.61 | |
Geometric Mean | 4.13 | |
Coefficient Of Variation | 45.91 | |
Mean Deviation | 2.00 | |
Median | 3.47 | |
Standard Deviation | 2.12 | |
Sample Variance | 4.49 | |
Range | 4.7985 | |
R-Value | (0.80) | |
Mean Square Error | 1.74 | |
R-Squared | 0.64 | |
Significance | 0.0003 | |
Slope | (0.38) | |
Total Sum of Squares | 62.83 |
Magnolia Price To Sales Ratio History
About Magnolia Oil Financial Statements
Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Magnolia Oil. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 3.27 | 3.47 |
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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.Additional 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.