Magyar Bancorp Inc

Company Profile

Magyar Bancorp Inc had its IPO on 2006-01-24 under the ticker symbol MGYR.

The company operates in the Financial Services sector and Banks-Regional industry. Magyar Bancorp Inc has a staff strength of 87 employees.

Stock update

Shares of Magyar Bancorp Inc opened at $10.33 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.33 - $10.5, and closed at $10.33.

This is a -1.95% slip from the previous day's closing price.

A total volume of 268 shares were traded at the close of the day’s session.

In the last one week, shares of Magyar Bancorp Inc have slipped by -4.75%.

Magyar Bancorp Inc's Key Ratios

Magyar Bancorp Inc has a market cap of $70.15 million, indicating a price to book ratio of 0.9223 and a price to sales ratio of 2.9304.

In the last 12-months Magyar Bancorp Inc’s revenue was $30.27 million with a gross profit of $29.43 million and an EBITDA of $0. The EBITDA ratio measures Magyar Bancorp Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Magyar Bancorp Inc’s operating margin was 38.46% while its return on assets stood at 0.96% with a return of equity of 7.81%.

In Q2, Magyar Bancorp Inc’s quarterly earnings growth was a negative -3.5% while revenue growth was a positive 2.1%.

Magyar Bancorp Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

8.6311

PEG

0

Its diluted EPS in the last 12-months stands at $1.22 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Magyar Bancorp Inc’s profitability.

Magyar Bancorp Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.9304.

Magyar Bancorp Inc stock pays annual dividends of $0.12 per share, indicating a yield of 1.13% and a payout ratio of 13.93%.

Balance sheet and cash flow metrics

Total Assets

$857.45 million

Total Liabilities

$11.78 million

Operating Cash Flow

$-20901000.00

Capital Expenditure

$101000

Dividend Payout Ratio

13.93%

Magyar Bancorp Inc ended 2024 with $857.45 million in total assets and $0 in total liabilities. Its intangible assets were valued at $857.45 million while shareholder equity stood at $102.76 million.

Magyar Bancorp Inc ended 2024 with $0 in deferred long-term liabilities, $11.78 million in other current liabilities, 71000.00 in common stock, $50.18 million in retained earnings and $0 in goodwill. Its cash balance stood at $3.06 million and cash and short-term investments were $11.80 million. The company’s total short-term debt was $45,534,000 while long-term debt stood at $45.53 million.

Magyar Bancorp Inc’s total current assets stands at $709.25 million while long-term investments were $706.48 million and short-term investments were $8.73 million. Its net receivables were $697.45 million compared to accounts payable of $11.78 million and inventory worth $0.

In 2024, Magyar Bancorp Inc's operating cash flow was $-20901000.00 while its capital expenditure stood at $101000.

Comparatively, Magyar Bancorp Inc paid $0.14 in dividends in 2024.

Other key metrics

Current Trading Price

$10.33

52-Week High

$13.2603

52-Week Low

$9.6144

Analyst Target Price

$

Magyar Bancorp Inc stock is currently trading at $10.33 per share. It touched a 52-week high of $13.2603 and a 52-week low of $13.2603. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $10.93 and 200-day moving average was $11.37 The short ratio stood at 0.54 indicating a short percent outstanding of 0%.

Around 1691.6% of the company’s stock are held by insiders while 2743.6% are held by institutions.