Magnera (NYSE:MAGN) Announces Quarterly Earnings Results

Magnera (NYSE:MAGN) released its earnings results on Thursday. The company reported ($0.50) earnings per share (EPS) for the quarter, Zacks reports. The firm 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 10.30%.

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 Stock Up 2.1%

MAGN traded up $0.25 during midday trading on Friday, hitting $12.00. The company had a trading volume of 695,742 shares, compared to its average volume of 376,355. Magnera has a 52 week low of $7.82 and a 52 week high of $15.64. The company has a quick ratio of 1.60, a current ratio of 2.33 and a debt-to-equity ratio of 1.83. The company has a market capitalization of $430.80 million, a price-to-earnings ratio of -4.60 and a beta of 1.75. The stock’s 50 day moving average price is $10.56 and its 200 day moving average price is $12.04.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Nuveen LLC raised its position in Magnera by 969.6% in the fourth quarter. Nuveen LLC now owns 823,177 shares of the company’s stock worth $12,463,000 after acquiring an additional 746,215 shares during the period. Jacobs Levy Equity Management Inc. raised its position in Magnera by 427.4% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 786,083 shares of the company’s stock worth $11,901,000 after acquiring an additional 637,041 shares during the period. Jane Street Group LLC raised its position in Magnera by 235.0% in the fourth quarter. Jane Street Group LLC now owns 215,920 shares of the company’s stock worth $3,269,000 after acquiring an additional 375,920 shares during the period. Verition Fund Management LLC bought a new stake in Magnera in the fourth quarter worth about $4,995,000. Finally, Scopia Capital Management LP raised its position in Magnera by 46.7% in the second quarter. Scopia Capital Management LP now owns 1,010,794 shares of the company’s stock worth $12,210,000 after acquiring an additional 321,579 shares during the period. 76.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Magnera in a report on Wednesday. Wall Street Zen downgraded shares of Magnera from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. Finally, Wells Fargo & Company lifted their price target on shares of Magnera from $12.00 to $13.00 and gave the company an “equal weight” rating in a research note on Friday. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Magnera presently has an average rating of “Reduce” and a consensus target price of $14.50.

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.