4.7% Below Target

The consensus price target for MGA is $67.3, close to the current price of $64.3 (4.7% implied move). Based on 30 analyst estimates, the stock appears fairly valued near current levels.

MGA has a consensus rating of "Buy" based on 30 Wall Street analysts. The rating breakdown is mixed, with 14 Hold ratings making up the largest segment. The consensus 12-month price target of $67.3 implies 4.7% upside from current levels.

With a forward P/E of 9.8608x, MGA trades at a relatively low valuation. The consensus target of $67.3 implies 4.7% appreciation, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $76 for MGA, while the most conservative target is $52. The consensus of $67.3 represents the median expectation. Our quantitative valuation model projects a bull case target of $144 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

MGA is heavily covered by Wall Street, with 30 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 15 have Buy ratings, 14 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month MGA stock forecast based on 30 Wall Street analysts shows a consensus price target of $67.3, with estimates ranging from $52 (bear case) to $76 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $110, with bear/bull scenarios of $69/$144.

Our quantitative valuation model calculates MGA's fair value at $110 (base case), with a bear case of $69 and bull case of $144. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 44/100.

MGA trades at a forward P/E ratio of 9.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 21.5x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

MGA appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $67.3 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

MGA analyst price targets range from $52 to $76, a 36% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $67.3 consensus represents the middle ground. Our model's $69-$144 range provides an independent fundamental perspective.