About MagneGas Corporation (NASDAQ:MNGA)
MagneGas Corporation is an alternative energy company. The Company creates and produces hydrogen-based alternative fuel through the gasification of carbon-rich liquids, including certain liquids and liquid wastes. The Company is also developing the use of fuel for co-combustion with hydrocarbon fuels to reduce emissions. The Company also markets, for sale or licensure, its plasma arc technology for the processing of liquid waste (the Plasma Arc Flow System). Its products include the fuel called MagneGas2 for the metal working industry, the equipment primarily known in the firefighting industry, known as MagneTote, and the machines that produce MagneGas2, known as Plasma Arc Flow refineries. In addition, the Company sells metal cutting fuels and ancillary products through its subsidiary, Equipment Sales and Service, Inc. (ESSI), a Florida corporation. It distributes products through several industrial gas companies in California, Michigan, Florida, Georgia, Indiana, and Pennsylvania.
Industry, Sector and Symbol
Industry Hydrogen Fuel
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$3.55 million
Price / Sales1.33
Price / CashN/A
Book Value$0.56 per share
Price / Book0.68
Return on Equity-277.02%
Return on Assets-126.92%
Frequently Asked Questions for MagneGas Corporation (NASDAQ:MNGA)
What is MagneGas Corporation's stock symbol?
MagneGas Corporation trades on the NASDAQ under the ticker symbol "MNGA."
When did MagneGas Corporation's stock split? How did MagneGas Corporation's stock split work?
MagneGas Corporation shares reverse split on the morning of 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 market closes on Friday, May 19th 2017. An investor that had 100 shares of MagneGas Corporation stock prior to the reverse split would have 10 shares after the split.
How were MagneGas Corporation's earnings last quarter?
MagneGas Corporation (NASDAQ:MNGA) issued its quarterly earnings data on Wednesday, November, 15th. The oil and gas company reported ($0.39) EPS for the quarter. The oil and gas company earned $0.88 million during the quarter. MagneGas Corporation had a negative net margin of 371.23% and a negative return on equity of 277.02%. View MagneGas Corporation's Earnings History.
When will MagneGas Corporation make its next earnings announcement?
Where is MagneGas Corporation's stock going? Where will MagneGas Corporation's stock price be in 2017?
1 brokerages have issued 12 month price targets for MagneGas Corporation's stock. Their predictions range from $30.00 to $30.00. On average, they expect MagneGas Corporation's stock price to reach $30.00 in the next year. View Analyst Ratings for MagneGas Corporation.
Who are some of MagneGas Corporation's key competitors?
Some companies that are related to MagneGas Corporation include Metabolix (YTEN), Bio Blast Pharma (ORPN), Cumulus Media (CMLS), ESSA Pharma (EPIX), Avinger (AVGR), Dextera Surgical (DXTR), U.S. Energy Corp. (USEG), Chanticleer Holdings (BURG), Comstock Holding Companies (CHCI), FXCM (GLBR), Diana Containerships (DCIX), Strata Skin Sciences (SSKN), PhotoMedex (FCRE), Roka Bioscience (ROKA), NeuroMetrix (NURO), Rosetta Genomics (ROSG), Sysorex Global (INPX) and Recon Capital Series Trust Recon Capital FTSE 100 ETF (UK).
Who are MagneGas Corporation's key executives?
MagneGas Corporation's management team includes the folowing people:
- Robert L. Dingess, Independent Interim Chairman of the Board (Age 70)
- Ermanno P. Santilli, Chief Executive Officer, Director (Age 47)
- Scott Mahoney, Chief Financial Officer, Secretary (Age 42)
- Luisa Ingargiola, Director (Age 49)
- Carla Santilli, Director (Age 75)
- Christopher B. Huntington, Independent Director (Age 56)
- Kevin A. Pollack, Independent Director (Age 46)
- William W. Staunton III, Independent Director (Age 68)
How do I buy MagneGas Corporation stock?
Shares of MagneGas Corporation 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 Corporation's stock price today?
One share of MagneGas Corporation stock can currently be purchased for approximately $0.38.
How big of a company is MagneGas Corporation?
MagneGas Corporation has a market capitalization of $4.58 million and generates $3.55 million in revenue each year. The oil and gas company earns $-17,460,000.00 in net income (profit) each year or ($2.22) on an earnings per share basis. MagneGas Corporation employs 47 workers across the globe.
How can I contact MagneGas Corporation?
MagneGas Corporation's mailing address is 11885 44 TH STREET NORTH, CLEARWATER FL, 33762. The oil and gas company can be reached via phone at 727-934-3448 or via email at [email protected]
MarketBeat Community Rating for MagneGas Corporation (MNGA)MarketBeat's community ratings are surveys of what our community members think about MagneGas Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for MagneGas Corporation (NASDAQ:MNGA) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$30.00 (7,794.74% upside)|
Consensus Price Target History for MagneGas Corporation (NASDAQ:MNGA)
Analysts' Ratings History for MagneGas Corporation (NASDAQ:MNGA)
(Data available from 11/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|1/7/2017||Rodman & Renshaw||Reiterated Rating||Buy||$30.00||N/A|
|4/13/2016||HC Wainwright||Reiterated Rating||Buy||N/A|
Earnings History and Estimates Chart for MagneGas Corporation (NASDAQ:MNGA)
Earnings History by Quarter for MagneGas Corporation (NASDAQ MNGA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/2/2018|| || || || || || || || |
|11/15/2017||Q3 2017||($0.39)||$0.88 million||View||N/A|
|5/15/2017||Q1 2017||($0.30)||$0.87 million||View||N/A|
|11/14/2016||Q3 2016||($0.50)||($0.80)||$0.76 million||$1.04 million||View||N/A|
|5/16/2016||Q1||($0.60)||($0.40)||$0.70 million||$0.67 million||View||N/A|
|5/13/2015||Q115||($0.60)||$191.60 million||$545.65 million||View||N/A|
|11/10/2014||Q314||($0.60)||$125.40 million||$146.40 million||View||N/A|
|5/12/2014||Q114||($0.50)||$0.13 million||$0.19 million||View||N/A|
|8/14/2013||Q2 2013||($0.70)||$188.97 million||$133.48 million||View||N/A|
Earnings Estimates for MagneGas Corporation (NASDAQ:MNGA)
Current Year EPS Consensus Estimate: $-0.94 EPS
Dividend History for MagneGas Corporation (NASDAQ:MNGA)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for MagneGas Corporation (NASDAQ MNGA)
Insider Ownership Percentage: 10.00%
Institutional Ownership Percentage: 8.33%
Insider Trades by Quarter for MagneGas Corporation (NASDAQ MNGA)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|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|| |
|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|| |
|12/29/2016||Carla Santilli||Director||Sell||25,000||$1.64||$41,000.00|| |
|12/28/2016||Carla Santilli||Director||Sell||10,000||$1.66||$16,600.00|| |
|12/20/2016||Joe C Stone||Director||Buy||42,000||$0.48||$20,160.00|| |
|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|| |
|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|| |
|5/3/2016||Carla Santilli||Director||Sell||26,267||$1.03||$27,055.01|| |
|4/25/2016||Carla Santilli||Director||Sell||47,316||$1.06||$50,154.96|| |
|4/21/2016||Carla Santilli||Director||Sell||50,100||$1.07||$53,607.00|| |
|4/15/2016||Carla Santilli||Director||Sell||50,000||$1.09||$54,500.00|| |
|4/8/2016||Carla Santilli||Director||Sell||57,760||$1.03||$59,492.80|| |
|1/28/2016||Carla Santilli||Director||Sell||119,885||$1.22||$146,259.70|| |
|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|| |
|1/14/2016||Carla Santilli||Director||Sell||50,000||$1.37||$68,500.00|| |
|1/12/2016||Carla Santilli||Director||Sell||155,000||$1.57||$243,350.00|| |
|1/7/2016||Carla Santilli||Director||Sell||25,000||$1.61||$40,250.00|| |
|1/6/2016||Carla Santilli||Director||Sell||25,000||$1.57||$39,250.00|| |
|1/5/2016||Carla Santilli||Director||Sell||25,000||$1.58||$39,500.00|| |
|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|| |
Latest Headlines for MagneGas Corporation (NASDAQ MNGA)
MagneGas Corporation (NASDAQ MNGA) Chart for Thursday, November, 23, 2017