MAGN

Magnera Corporation

21.44 USD
-0.32
1.47%
At close Feb 21, 4:00 PM EST
1 day
-1.47%
5 days
-7.15%
1 month
20.04%
3 months
12.02%
6 months
-7.35%
Year to date
18.91%
1 year
-19.94%
5 years
-89.94%
10 years
-93.33%
 

About: Magnera Corp formerly Glatfelter Corporation manufactures and sells a variety of paper and fiber products. The company's reportable segments are; Composite Fibers, Spunlace. and Airlaid Materials. The Airlaid Materials segment which is also its key revenue generating segment, is a supplier of cellulose-based airlaid nonwoven materials used to manufacture consumer products for end-user markets. The Airlaid Materials segment produces materials used in feminine hygiene, specialty wipes, tabletop, home care, and other consumables. Geographically, the company derives majority of its revenue from Americas and rest from Europe, Middle East, Africa and Asia Pacific markets.

Employees: 2,867

0
Funds holding %
of 7,139 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

4,696% more call options, than puts

Call options by funds: $9.5M | Put options by funds: $198K

1,102% more capital invested

Capital invested by funds: $52.8M [Q3] → $635M (+$582M) [Q4]

894% more first-time investments, than exits

New positions opened: 169 | Existing positions closed: 17

350% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 9 (+7) [Q4]

195% more funds holding

Funds holding: 77 [Q3] → 227 (+150) [Q4]

98.85% more ownership

Funds ownership: 0% [Q3] → 98.85% (+98.85%) [Q4]

40% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 35

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$24
12%
upside
Avg. target
$24
12%
upside
High target
$24
12%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Wells Fargo
Gabe Hajde
52% 1-year accuracy
32 / 62 met price target
12%upside
$24
Overweight
Maintained
7 Feb 2025

Financial journalist opinion

Based on 6 articles about MAGN published over the past 30 days

Neutral
GlobeNewsWire
13 hours ago
UPDATE - Magnera to present at JP Morgan's Global Leveraged Finance Conference
CHARLOTTE, N.C., Feb. 21, 2025 (GLOBE NEWSWIRE) -- Magnera (NYSE: MAGN) will present at JP Morgan's Global Leveraged Finance Conference in Miami Beach, Florida. Magnera CEO, Curt Begle, and CFO & Treasurer, Jim Till, will participate on Tuesday, February 25, 2025, at 5:15 p.m. EST.
UPDATE - Magnera to present at JP Morgan's Global Leveraged Finance Conference
Neutral
GlobeNewsWire
1 day ago
Magnera to present at JP Morgan's Global Leveraged Finance Conference
CHARLOTTE, N.C., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Magnera (NYSE: MAGN) will present at JP Morgan's Global Leveraged Finance Conference in Miami Beach, Florida. Magnera CEO, Curt Begle, and CFO & Treasurer, Jim Till, will participate on Thursday, February 25, 2025, at 5:15 p.m. EST.
Magnera to present at JP Morgan's Global Leveraged Finance Conference
Positive
Seeking Alpha
1 week ago
Magnera: An Unknown Company With Significant Upside Potential
MAGN reported its inaugural Q1 2025 earnings report, making known many of the unknowns surrounding this spinoff. I reiterate my BUY rating for MAGN, believing there's significant upside potential. MAGN's bull base is 4 pronged: reverting to EBITDA mean, margin expansion, debt reduction, and multiple re-rating.
Magnera: An Unknown Company With Significant Upside Potential
Neutral
Seeking Alpha
2 weeks ago
Magnera Corporation (MAGN) Q1 2025 Earnings Call Transcript
Magnera Corporation (NYSE:MAGN ) Q1 2025 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Robert Weilminster - IR Curt Begle - CEO Jim Till - CFO Conference Call Participants Gabe Hajde - Wells Fargo Securities Edlain Rodriguez - Mizuho Roger Spitz - Bank of America Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Magnera First Quarter 2025 Earnings Call.
Magnera Corporation (MAGN) Q1 2025 Earnings Call Transcript
Neutral
GlobeNewsWire
2 weeks ago
Magnera Reports First Fiscal Quarter Results - Provides Outlook for Fiscal 2025
First Quarter Highlights CHARLOTTE, N.C., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Completed the merger of Berry Global Group, Inc.'s nonwovens and hygiene films business with Glatfelter Corporation (“GLT”) on November 4, 2024 GAAP: Net sales of $702 million, Operating Loss of $22 million Non-GAAP: Adjusted EBITDA of $84 million Fiscal Year 2025 Outlook Full year comparable Adjusted EBITDA of $385 - $405 million Post-merger adjusted free cash flow range of $75 - $95 million Committed to near-term debt reduction Magnera's CEO Curt Begle said, “I am honored to be leading Magnera, a global nonwovens leader, with a broad platform of product solutions for the specialty materials industry.
Magnera Reports First Fiscal Quarter Results - Provides Outlook for Fiscal 2025
Neutral
GlobeNewsWire
3 weeks ago
Magnera to Report 2025 First Quarter Results on February 6th
CHARLOTTE, N.C., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Magnera (NYSE: MAGN) expects to release its 2025 first quarter results prior to trading on the New York Stock Exchange on Thursday, February 6, 2025. The earnings release will be available shortly thereafter on Magnera's website at www.Magnera.com.
Magnera to Report 2025 First Quarter Results on February 6th
Positive
Seeking Alpha
2 months ago
Magnera: This Spinoff Is A Buy
Joel Greenblatt's special situations strategy targets opportunities in risk arbitrage, mergers, bankruptcies, and spinoffs due to potential stock mispricing. Magnera Corporation, a spinoff of Berry Global Group and Glatfelter Corp., exemplifies Greenblatt's strategy. The deal, closed on November 4, resulted in BERY shareholders owning 90% of MAGN, with MAGN trading on the NYSE on November 5.
Magnera: This Spinoff Is A Buy
Neutral
GlobeNewsWire
3 months ago
Magnera Emerges as a New Global Leader in the Specialty Materials and Nonwovens Industry, Following the Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter
CHARLOTTE, N.C., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE: GLT) is pleased to announce the successful completion of the merger between Berry Global Group Inc.'s (NYSE: BERY) Health, Hygiene and Specialties Global Nonwovens and Films business (the “HHNF Business”) and Glatfelter, resulting in the creation of Magnera (NYSE: MAGN) (pronounced ‘Mag-nair-uh'), the largest nonwovens company in the world, with a broad platform of solutions for the specialty materials industry. Magnera will begin trading on the NYSE under the new ticker symbol “MAGN” on Tuesday, November 5, 2024.
Magnera Emerges as a New Global Leader in the Specialty Materials and Nonwovens Industry, Following the Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter
Charts implemented using Lightweight Charts™