NASDAQ:MNGA - MagneGas Stock Price, Price Target & More

Get Started

$0.54 -0.04 (-6.90 %)

(As of 05/22/2018 04:00 PM ET)

Previous Close$0.58

Today's Range$0.52 - $0.62

52-Week Range$0.52 - $38.70

Volume1.57 million shs

Average Volume1.04 million shs

Market Capitalization$6.90 million

P/E RatioN/A

Dividend YieldN/A

Beta-0.31

About MagneGas (NASDAQ:MNGA)

MagneGas Corporation, an alternative energy company, creates and produces hydrogen based alternative fuel through the gasification of liquid and liquid waste in the United States and internationally. The company produces gas bottled in cylinders and distributes to the metalworking market as an alternative to acetylene. It offers MagneGas2, a hydrogen based fuel for metal cutting; and MagneTote, a metal cutting torch system primarily used in the firefighting industry. It also provides Plasma Arc Flow refineries, which are machines that produce MagneGas2. In addition, the company sells and licenses the plasma arc technology for the processing of liquid waste. The company was founded in 2007 and is headquartered in Clearwater, Florida.

Receive MNGA News and Ratings via Email

Sign-up to receive the latest news and ratings for MNGA and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Special industry machinery, not elsewhere classified

Sub-IndustryN/A

SectorIndustrial Products

SymbolNASDAQ:MNGA

CUSIPN/A

Webwww.magnegas.com

Phone727-932-9593

Debt

Debt-to-Equity Ratio0.04

Current Ratio1.64

Quick Ratio1.07

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.71 million

Price / Sales1.65

Cash FlowN/A

Price / CashN/A

Book Value$4.08 per share

Price / Book0.13

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-11,020,000.00

Net Margins-304.45%

Return on Equity-146.19%

Return on Assets-101.93%

Miscellaneous

Employees36

Outstanding Shares11,360,000

MagneGas (NASDAQ:MNGA) Frequently Asked Questions

What is MagneGas' stock symbol?

MagneGas trades on the NASDAQ under the ticker symbol "MNGA."

When did MagneGas' stock split? How did MagneGas' stock split work?

MagneGas's stock reverse split on Monday, May 22nd 2017. The 1-10 reverse split was announced on Friday, May 19th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Friday, May 19th 2017. An investor that had 100 shares of MagneGas stock prior to the reverse split would have 10 shares after the split.

How were MagneGas' earnings last quarter?

MagneGas Co. (NASDAQ:MNGA) announced its earnings results on Wednesday, November, 15th. The oil and gas company reported ($0.39) earnings per share for the quarter. The oil and gas company earned $0.88 million during the quarter. MagneGas had a negative return on equity of 146.19% and a negative net margin of 304.45%. View MagneGas' Earnings History.

What price target have analysts set for MNGA?

1 Wall Street analysts have issued 1 year price objectives for MagneGas' stock. Their forecasts range from $6.00 to $6.00. On average, they anticipate MagneGas' share price to reach $6.00 in the next twelve months. View Analyst Ratings for MagneGas.

Who are some of MagneGas' key competitors?

Some companies that are related to MagneGas include ASML (ASML), Lam Research (LRCX), WARTSILA OYJ/ADR (WRTBY), IHI Corp/ADR (IHICY), Sumitomo Heavy Industries (SOHVY), ASM International (ASMIY), Bodycote (BYPLF), Brooks Automation (BRKS), Milacron (MCRN), Veeco Instruments (VECO), Axcelis Technologies (ACLS), Energy Recovery (ERII), Manitex International (MNTX), ACM Research (ACMR) and Amtech Systems (ASYS).

Who are MagneGas' key executives?

MagneGas' management team includes the folowing people:

Mr. Ermanno P. Santilli, CEO, Pres & Director (Age 49)
Mr. Scott Mahoney, CFO, Sec. & Director (Age 43)
Ms. Luisa Ingargiola, Exec. VP of Capital Markets, Capital Markets Advisor & Director (Age 51)
Mr. Jack Armstrong, Exec. VP of Strategic Alliances
Mr. Richard Conz, VP of Engineering

Has MagneGas been receiving favorable news coverage?

Media coverage about MNGA stock has been trending somewhat positive on Tuesday, according to Accern. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. MagneGas earned a media sentiment score of 0.19 on Accern's scale. They also gave headlines about the oil and gas company an impact score of 46.99 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

How do I buy shares of MagneGas?

Shares of MNGA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is MagneGas' stock price today?

One share of MNGA stock can currently be purchased for approximately $0.54.

How big of a company is MagneGas?

MagneGas has a market capitalization of $6.90 million and generates $3.71 million in revenue each year. MagneGas employs 36 workers across the globe.

How can I contact MagneGas?

MagneGas' mailing address is 11885 44 TH STREET NORTH, CLEARWATER FL, 33762. The oil and gas company can be reached via phone at 727-932-9593 or via email at [email protected]

MarketBeat Community Rating for MagneGas (MNGA)

Community Ranking:		1.9 out of 5 ()
Outperform Votes:		95 (Vote Outperform)
Underperform Votes:		159 (Vote Underperform)
Total Votes:		254

MarketBeat's community ratings are surveys of what our community members think about MagneGas and other stocks. Vote "Outperform" if you believe MNGA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MNGA will underperform the S&P 500 over the long term. You may vote once every thirty days.

MagneGas (NASDAQ:MNGA) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

1 Wall Street analysts have issued ratings and price targets for MagneGas in the last 12 months. Their average twelve-month price target is $6.00, suggesting that the stock has a possible upside of 1,011.11%. The high price target for MNGA is $6.00 and the low price target for MNGA is $6.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of "Buy."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Buy	Buy	N/A	Buy
Consensus Rating Score:	3.00	3.00	N/A	3.00
Ratings Breakdown:	0 Sell Rating(s) 0 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 0 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 0 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 0 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$6.00	$6.00	N/A	$30.00
Price Target Upside:	1,011.11% upside	597.67% upside	N/A	525.13% upside

MagneGas (NASDAQ:MNGA) Consensus Price Target History

Price Target History for MagneGas (NASDAQ:MNGA)

MagneGas (NASDAQ:MNGA) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
5/16/2018	HC Wainwright	Set Price Target	Buy	$6.00	High
1/7/2017	Rodman & Renshaw	Reiterated Rating	Buy	$30.00	N/A

(Data available from 5/22/2016 forward)

MagneGas (NASDAQ:MNGA) Earnings History and Estimates Chart

Earnings by Quarter for MagneGas (NASDAQ:MNGA)

MagneGas (NASDAQ:MNGA) Earnings Estimates

Current Year EPS Consensus Estimate: $-0.89 EPS
Next Year EPS Consensus Estimate: $0.35 EPS

MagneGas (NASDAQ MNGA) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
8/16/2018							N/A
11/15/2017	Q3 2017		($0.39)		$0.88 million	View	N/A
8/21/2017	Q2 2017		($0.46)		$0.97 million	View	N/A
5/15/2017	Q1 2017		($0.30)		$0.87 million	View	N/A
4/3/2017	Q4 2016		($1.20)	$1.38 million	$1.01 million	View	N/A
11/14/2016	Q3 2016	($0.50)	($0.80)	$0.76 million	$1.04 million	View	N/A
8/15/2016	Q2 2016	($0.50)	($0.60)	$0.73 million	$0.84 million	View	N/A
5/16/2016	Q1	($0.60)	($0.40)	$0.70 million	$0.67 million	View	N/A
3/23/2016	Q4 2015		($0.60)		$0.68 million	View	N/A
11/10/2015	Q315		($0.50)		$0.62 million	View	N/A
8/10/2015	Q215	($0.10)	($0.50)		$0.58 million	View	Listen
5/13/2015	Q115		($0.60)	$191.60 million	$545.65 million	View	N/A
3/12/2015	Q4 2014		($0.70)		$0.51 million	View	N/A
11/10/2014	Q314		($0.60)	$125.40 million	$146.40 million	View	N/A
8/6/2014	Q2 2014		($0.50)		$0.18 million	View	N/A
5/12/2014	Q114		($0.50)	$0.1308 million	$0.1916 million	View	N/A
3/27/2014	Q4 2013		($0.50)	$2.20 million	$0.60 million	View	N/A
11/14/2013	Q3 2013		($0.60)		$0.13 million	View	N/A
8/14/2013	Q2 2013		($0.70)	$188.97 million	$133.48 million	View	N/A
5/15/2013	Q1 2013		($0.70)	$3.00 million	$0.13 million	View	N/A
4/1/2013	Q4 2012	($0.90)	($0.40)			View	N/A
11/13/2012	Q3 2012	($0.60)	($1.10)			View	N/A

(Earnings results data provided by Zacks Investment Research)

MagneGas (NASDAQ:MNGA) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

MagneGas (NASDAQ MNGA) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 4.45%
Institutional Ownership Percentage: 2.06%

Insider Trading History for MagneGas (NASDAQ:MNGA)

MagneGas (NASDAQ MNGA) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
1/12/2018	Carla Santilli	Director	Sell	108,334	$0.31	$33,583.54	375,199
1/10/2018	Carla Santilli	Director	Sell	40,000	$0.31	$12,400.00	375,199
12/15/2017	Kevin Pollack	Director	Buy	108,334	$0.29	$31,416.86	131,813
10/30/2017	Carla Santilli	Director	Sell	22,509	$0.44	$9,903.96
10/26/2017	Carla Santilli	Director	Sell	10,000	$0.44	$4,400.00
9/19/2017	Christopher Huntington	Director	Sell	9,000	$0.62	$5,580.00	1,283
2/1/2017	Carla Santilli	Director	Sell	34,000	$0.54	$18,360.00
12/31/2016	Carla Santilli	Director	Sell	20,000	$1.64	$32,800.00	4,212,900
12/29/2016	Carla Santilli	Director	Sell	25,000	$1.64	$41,000.00	4,212,900
12/28/2016	Carla Santilli	Director	Sell	10,000	$1.66	$16,600.00	4,212,900
12/20/2016	Joe C Stone	Director	Buy	42,000	$0.48	$20,160.00	219,957
12/15/2016	Christopher Huntington	Director	Buy	20,000	$0.44	$8,800.00
12/7/2016	Robert L Dingess	Director	Buy	20,500	$0.49	$10,045.00
12/6/2016	William W Staunton III	Director	Buy	41,119	$0.48	$19,737.12	218,662
12/1/2016	Robert L Dingess	Director	Buy	22,000	$0.46	$10,120.00
11/28/2016	Ermanno Santilli	CEO	Buy	31,650	$0.47	$14,875.50
10/21/2016	Carla Santilli	Director	Sell	37,011	$0.79	$29,238.69
10/19/2016	Carla Santilli	Director	Sell	60,000	$0.69	$41,400.00
9/22/2016	Carla Santilli	Director	Sell	166,780	$0.69	$115,078.20
9/12/2016	Carla Santilli	CEO	Sell	26,330	$0.63	$16,587.90
9/8/2016	Carla Santilli	Director	Sell	38,000	$0.63	$23,940.00
8/22/2016	Carla Santilli	Director	Sell	59,900	$0.61	$36,539.00
8/17/2016	Carla Santilli	Director	Sell	125,231	$0.62	$77,643.22
8/16/2016	Carla Santilli	Director	Sell	20,100	$0.61	$12,261.00
8/15/2016	Carla Santilli	Director	Sell	85,131	$0.63	$53,632.53
5/10/2016	Carla Santilli	Director	Sell	22,900	$1.02	$23,358.00	3,763,557
5/3/2016	Carla Santilli	Director	Sell	26,267	$1.03	$27,055.01	3,796,457
4/25/2016	Carla Santilli	Director	Sell	47,316	$1.06	$50,154.96	3,840,040
4/21/2016	Carla Santilli	Director	Sell	50,100	$1.07	$53,607.00	3,900,040
4/15/2016	Carla Santilli	Director	Sell	50,000	$1.09	$54,500.00	3,940,140
4/8/2016	Carla Santilli	Director	Sell	57,760	$1.03	$59,492.80	3,997,900
1/28/2016	Carla Santilli	Director	Sell	119,885	$1.22	$146,259.70	4,007,900
1/28/2016	Luisa Ingargiola	CFO	Sell	103,426	$1.25	$129,282.50
1/20/2016	Carla Santilli	Director	Sell	35,115	$1.23	$43,191.45	4,127,785
1/14/2016	Carla Santilli	Director	Sell	50,000	$1.37	$68,500.00	4,162,900
1/12/2016	Carla Santilli	Director	Sell	155,000	$1.57	$243,350.00	4,212,900
1/7/2016	Carla Santilli	Director	Sell	25,000	$1.61	$40,250.00	4,212,900
1/6/2016	Carla Santilli	Director	Sell	25,000	$1.57	$39,250.00	4,212,900
1/5/2016	Carla Santilli	Director	Sell	25,000	$1.58	$39,500.00	4,212,900
7/10/2015	Carla Santilli	Director	Sell	10,000	$1.10	$11,000.00
7/9/2015	Carla Santilli	Director	Sell	10,000	$1.08	$10,800.00
4/14/2015	Christopher Huntington	Director	Sell	1,000	$0.78	$780.00
4/10/2015	Carla Santilli	Director	Sell	39,895	$0.79	$31,517.05
4/7/2015	Carla Santilli	Director	Sell	10,000	$0.79	$7,900.00
4/6/2015	Carla Santilli	Director	Sell	21,100	$0.79	$16,669.00
3/27/2015	Carla Santilli	Director	Sell	30,000	$0.81	$24,300.00
4/9/2013	Ermanno Santilli	CEO	Buy	2,400	$0.98	$2,352.00
11/19/2012	Luisa Ingargiola	CFO	Buy	5,000	$1.97	$9,850.00

(Data available from 1/1/2013 forward)

MagneGas (NASDAQ MNGA) News Headlines

Source:

Date	Headline
	Head-To-Head Survey: Intevac (IVAC) & MagneGas (MNGA) www.americanbankingnews.com - May 20 at 11:17 AM
	Financial Comparison: MagneGas (MNGA) and Brooks Automation (BRKS) www.americanbankingnews.com - May 19 at 5:25 AM
	BRIEF-Magnegas Corp Reports Qtrly Shr Loss $0.62 www.reuters.com - May 16 at 5:53 PM
	Form 8-K MAGNEGAS CORP For: May 15 www.streetinsider.com - May 16 at 5:53 PM
	MagneGas (MNGA) Given a $6.00 Price Target at HC Wainwright www.americanbankingnews.com - May 16 at 3:41 PM
	MagneGas' (MNGA) CEO Ermanno Santilli on Q1 2018 Results - Earnings Call Transcript seekingalpha.com - May 15 at 5:54 PM
	MagneGas Provides Business Update for the First Quarter of 2018; Revenue Increases 34% finance.yahoo.com - May 15 at 8:16 AM
	MagneGas (MNGA) Announces Successful USDA Demonstration www.streetinsider.com - May 14 at 8:16 AM
	MagneGas Announces Successful USDA Demonstration finance.yahoo.com - May 14 at 8:16 AM
	MagneGas Announces USDA Demonstration Day finance.yahoo.com - May 9 at 8:09 AM
	MagneGas Generates $1.06 Million in Sales for April 2018; 263% Year over Year Revenue Growth finance.yahoo.com - May 7 at 8:12 AM
	MagneGas (MNGA) Set to Announce Quarterly Earnings on Monday www.americanbankingnews.com - May 7 at 4:08 AM
	Critical Analysis: Axcelis Technologies (ACLS) versus MagneGas (MNGA) www.americanbankingnews.com - May 6 at 10:13 AM
	MagneGas Corporation to Present at the 3rd Annual Disruptive Growth & Healthcare Conference Hosted by RHK Capital and Reed Smith finance.yahoo.com - May 2 at 8:13 AM
	Form 8-K MAGNEGAS CORP For: Apr 26 www.streetinsider.com - April 27 at 8:22 AM
	MagneGas Announces Record Sales for First Quarter of 2018; Revenue Increases 42% to $1.2 Million finance.yahoo.com - April 26 at 8:10 AM
	Form 4 MAGNEGAS CORP For: Apr 20 Filed by: MAHONEY SCOTT www.streetinsider.com - April 24 at 5:41 PM
	Form 4 MAGNEGAS CORP For: Apr 20 Filed by: Pollack Kevin www.streetinsider.com - April 24 at 8:12 AM
	Head to Head Contrast: MagneGas (MNGA) and Milacron (MCRN) www.americanbankingnews.com - April 24 at 5:26 AM
	Analyzing W�rtsil� (WRTBY) and MagneGas (MNGA) www.americanbankingnews.com - April 20 at 8:01 AM
	BRIEF-Magnegas Generates Record Sales For March 70% Year Over Year Growth www.reuters.com - April 17 at 8:19 AM
	MagneGas CEO Appears on Varney & Co. on Fox Business finance.yahoo.com - April 16 at 5:32 PM
	Critical Survey: MagneGas (MNGA) and Its Competitors www.americanbankingnews.com - April 16 at 5:19 PM
	MagneGas to Attend Green Marine Forum in Hamburg, Germany finance.yahoo.com - April 12 at 5:48 PM
	Where MagneGas Corporation (NASDAQ:MNGA) Stands In Earnings Growth Against Its Industry finance.yahoo.com - April 10 at 5:35 PM
	Financial Comparison: MagneGas (MNGA) vs. Energy Recovery (ERII) www.americanbankingnews.com - April 9 at 3:18 PM
	Critical Comparison: MagneGas (MNGA) and The Competition www.americanbankingnews.com - April 9 at 5:13 AM
	MagneGas (MNGA) and The Competition Critical Survey www.americanbankingnews.com - April 7 at 5:23 AM
	MagneGas Completes Acquisition of Trico Welding Supply finance.yahoo.com - April 4 at 8:12 AM
	MagneGas's (MNGA) CEO Ermanno Santilli on Q4 2017 Results - Earnings Call Transcript seekingalpha.com - April 3 at 5:41 PM
	MagneGas (MNGA) versus The Competition Financial Contrast www.americanbankingnews.com - April 3 at 5:06 PM
	Head-To-Head Survey: MagneGas (MNGA) vs. The Competition www.americanbankingnews.com - April 3 at 1:18 AM
	MagneGas (MNGA) Reports FY17 Revenue of $3.7M www.streetinsider.com - April 2 at 5:33 PM
	Critical Review: H2O Innovation (HEOFF) and MagneGas (MNGA) www.americanbankingnews.com - March 31 at 3:06 AM
	MagneGas Schedules Year End 2017 Business Update Conference Call finance.yahoo.com - March 30 at 8:12 AM
	MagneGas (MNGA) Set to Announce Earnings on Monday www.americanbankingnews.com - March 27 at 8:14 PM
	MagneGas to Attend the 5th International Conference on Renewable Energy Gas Technology in France finance.yahoo.com - March 26 at 8:13 AM
	Blog Exposure - MagneGas Announces Acquisition of Trico; Set to Almost Double its Annualized Revenue Run Rate finance.yahoo.com - March 26 at 8:13 AM
	Comparing MagneGas (MNGA) & Its Competitors www.americanbankingnews.com - March 24 at 7:18 PM
	MagneGas (MNGA) & Its Peers Head to Head Comparison www.americanbankingnews.com - March 24 at 1:41 PM
	MagneGas to Acquire Trico Welding Supplies, Inc. in Northern California finance.yahoo.com - March 22 at 8:17 AM
	Contrasting MagneGas (MNGA) and Its Peers www.americanbankingnews.com - March 21 at 11:25 AM
	MagneGas to Present at the 4th Annual Gabelli & Company Waste Services Symposium in New York City finance.yahoo.com - March 20 at 8:17 AM
	MagneGas Completes First Bulk Gas Sale finance.yahoo.com - March 19 at 8:13 AM
	Comparing MagneGas (MNGA) and Its Competitors www.americanbankingnews.com - March 19 at 7:42 AM
	Reviewing MagneGas (MNGA) and Fuel Tech (FTEK) www.americanbankingnews.com - March 18 at 7:40 PM
	Critical Comparison: Perma-Fix Environmental Services (PESI) vs. MagneGas (MNGA) www.americanbankingnews.com - March 18 at 5:30 AM
	MagneGas (MNGA) Surges on Record February Sales - StreetInsider.com www.streetinsider.com - March 15 at 8:08 AM
	MagneGas Generates Record Sales in February 2018 finance.yahoo.com - March 14 at 8:19 AM
	MagneGas to Expand Green Arc Sales Force by 60% in the First Quarter of 2018 finance.yahoo.com - March 7 at 8:10 AM

MagneGas (NASDAQ:MNGA) SEC Filings

Form Type:

Ownership Filings:

This page is loading this company's SEC Filings. Please wait...

MagneGas (NASDAQ:MNGA) Income Statement, Balance Sheet and Cash Flow Statement

MagneGas (NASDAQ MNGA) Stock Chart for Tuesday, May, 22, 2018

Loading chart…

This page was last updated on 5/22/2018 by MarketBeat.com Staff