Magnite Inc MGNI
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News
-
CairoRCS Media Selects Magnite and its Demand Manager Wrapper Optimisation Product to Grow Programmatic Revenue
-
Magnite’s SpringServe Powering Video Advertising for YTV in Japan
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Magnite and Spectrum Reach Team Up To Enhance Access to Programmatic Advertising
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United Selects Magnite's SpringServe to Power Advertising Solution for Inflight Personal Device Entertainment
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Magnite to Participate in Upcoming Financial Conferences
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Magnite Reports First Quarter 2024 Results
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KERV Interactive Partners with Magnite to Deliver AI-Powered Interactive Video Ads Programmatically, at Scale
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Magnite to Announce First Quarter 2024 Financial Results on May 8, 2024
Trading Information
- Previous Close Price
- $13.49
- Day Range
- $13.40–13.99
- 52-Week Range
- $6.28–15.73
- Bid/Ask
- $13.32 / $13.98
- Market Cap
- $1.91 Bil
- Volume/Avg
- 664,121 / 1.8 Mil
Key Statistics
- Price/Earnings (Normalized)
- 27.07
- Price/Sales
- 2.94
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer.
- Sector
- Communication Services
- Industry
- Advertising Agencies
- Stock Style Box
- Small Growth
- Total Number of Employees
- 911
- Website
- https://investor.magnite.com
Comparables
Valuation
Metric
|
MGNI
|
LFST
|
POWL
|
---|---|---|---|
Price/Earnings (Normalized) | 27.07 | — | 18.37 |
Price/Book Value | 2.74 | 1.36 | 4.59 |
Price/Sales | 2.94 | 1.71 | 2.15 |
Price/Cash Flow | 13.25 | 65.89 | 16.88 |
Price/Earnings
MGNI
LFST
POWL
Financial Strength
Metric
|
MGNI
|
LFST
|
POWL
|
---|---|---|---|
Quick Ratio | 1.08 | 1.09 | 1.41 |
Current Ratio | 1.10 | 1.18 | 1.62 |
Interest Coverage | −1.61 | −7.58 | — |
Quick Ratio
MGNI
LFST
POWL
Profitability
Metric
|
MGNI
|
LFST
|
POWL
|
---|---|---|---|
Return on Assets (Normalized) | 3.22% | −4.18% | 14.44% |
Return on Equity (Normalized) | 11.76% | −6.13% | 30.54% |
Return on Invested Capital (Normalized) | 8.09% | −3.55% | 27.38% |
Return on Assets
MGNI
LFST
POWL
Advertising Agencies Industry Comparables
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