Magnera (NYSE:MAGN) Issues Quarterly Earnings Results

Magnera (NYSE:MAGN) posted its quarterly earnings data on Thursday. The company reported ($0.50) earnings per share for the quarter, Zacks reports. The company had revenue of $796.00 million during the quarter. Magnera had a negative net margin of 3.37% and a negative return on equity of 10.21%.

Here are the key takeaways from Magnera’s conference call:

• Adjusted EBITDA of $90 million was in line with expectations after weather adjustments; the company generated $73 million of free cash flow in the quarter ( $128 million LTM), repaid $36 million of debt and closed the quarter with ~$600 million of available liquidity.
• Winter storms Fern and Hernando forced temporary shutdowns of 13 and 7 plants, respectively, producing an estimated ~$5 million EBITDA hit for the quarter that management expects to largely recover in the second half of fiscal 2026.
• The conflict in the Middle East materially increased costs for resin, pulp, energy and transportation — roughly 70% of COGS — prompting a shift toward monthly pricing resets and surcharges; management expects Q3 cash headwinds with a recovery in Q4.
• Demand was mixed by region — Americas showed resilience (volumes would have been positive excluding weather), Europe remained soft, Rest of World volumes were down ~4%, while infrastructure and adult personal care delivered mid-single-digit volume growth.
• Management continues to invest in operational and sustainability projects (Gernsbach, Lydney, Dombühl) and reiterated ambitious targets — including −42% Scope 1 & 2 and −25% Scope 3 emissions by 2035 — intended to improve efficiency and long-term competitiveness.

Magnera Trading Up 6.1%

MAGN traded up $0.67 during midday trading on Thursday, reaching $11.74. 1,225,572 shares of the company were exchanged, compared to its average volume of 333,441. The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.60 and a current ratio of 2.45. Magnera has a one year low of $7.82 and a one year high of $15.64. The stock has a market capitalization of $421.50 million, a P/E ratio of -4.50 and a beta of 1.75. The stock’s 50-day simple moving average is $10.56 and its 200 day simple moving average is $12.04.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Wall Street Zen cut shares of Magnera from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Wells Fargo & Company downgraded Magnera from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $19.00 to $12.00 in a research report on Friday, March 20th. Finally, Vertical Research downgraded Magnera from a “buy” rating to a “hold” rating and set a $16.00 target price for the company. in a research report on Wednesday, January 7th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $14.00.

Hedge Funds Weigh In On Magnera

Several institutional investors and hedge funds have recently made changes to their positions in the company. Invesco Ltd. grew its holdings in shares of Magnera by 82.5% in the 4th quarter. Invesco Ltd. now owns 161,834 shares of the company’s stock valued at $2,450,000 after buying an additional 73,134 shares during the period. Empowered Funds LLC grew its holdings in shares of Magnera by 10.8% in the 4th quarter. Empowered Funds LLC now owns 72,943 shares of the company’s stock valued at $1,104,000 after buying an additional 7,083 shares during the period. XTX Topco Ltd acquired a new position in shares of Magnera in the 4th quarter valued at $583,000. Susquehanna Portfolio Strategies LLC bought a new stake in Magnera during the 4th quarter worth approximately $449,000. Finally, Tudor Investment Corp ET AL bought a new stake in Magnera during the 4th quarter worth approximately $2,347,000. Institutional investors and hedge funds own 76.92% of the company’s stock.

About Magnera

Magnera’s purpose is to better the world with new possibilities made real. By continuously co-creating and innovating with our partners, we develop original material solutions that make a brighter future possible. With a breadth of technologies and a passion for what we create, Magnera’s solutions propel our customers’ goals forward and solve end-users’ problems, every day.