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MAG $12.96

MAG target price
12.96
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0
Magnetek, Inc.
Type
Subsidiary
Traded as Formerly NASDAQ: MAG
Industry Material handling
Power control and motion control technologies
Founded 1984
Headquarters Menomonee Falls, Wisconsin, United States
Number of locations
7 Offices
Area served
Worldwide
Key people
Peter M. McCormick (President & CEO)
Marty Schwenner (Vice President & CFO)
Products Drives and controls for material handling, people-moving and energy delivery
Revenue Decrease US$ 114.3 million (FY 2012)
Operating income
Increase US$ 8.02 million (FY 2012)
Net income
Increase US$ 12.62 million (FY 2012)
Total assets Decrease US$ 98.82 million (FY 2012)
Total equity Decrease US$ -30.875 million (FY 2012)
Number of employees
350
Parent Columbus McKinnon
Website www.magnetek.com
Footnotes / references

Magnetek, Inc., is a technology company founded in 1984 and headquartered in Menomonee Falls, Wisconsin, and is a NASDAQ Global Market listed company. The company develops, manufactures, and markets digital power and motion control systems for material handling, people-moving and mining applications. Its power control systems serve the needs of selected niches of traditional and emerging commercial markets that are becoming increasingly dependent on “smart” power. Magnetek operates four ISO9001:2008 certified research and manufacturing facilities in North America.

The company is America's largest supplier of hydraulic drive systems for industrial cranes and hoists. It is also the world's largest independent builder of digital motion control systems for elevators, holding this position by designing and manufacturing motion control subsystems. The company's mining division focuses on coal mining by building a hydraulic drive system that enables mining equipment to recover coal for refinement to produce “clean coal” energy.

Magnetek currently primary areas of business:

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-14 Future report Set alerts
Q2 2022 2022-08-09 0.00 0.00
Q1 2022 2022-05-16 0.00 0.00
Q4 2021 2022-03-31 0.09 0.09
Q3 2021 2021-11-15 -0.02 -0.02
Q2 2021 2021-08-11 0.03 0.03
Q1 2021 2021-05-17 -0.04 -0.04
Q4 2020 2021-03-31 0.07 0.07
Q3 2020 2020-11-06 0.00 0.00
Q2 2020 2020-08-12 0.01 0.01

Ratings

2016-06-29 Downgrade TD Securities Buy to Hold
2015-06-23 Upgrade Sidoti Neutral to Buy $45.00
2014-12-08 Downgrade Sidoti Buy to Neutral
2014-11-07 Upgrade Sidoti Neutral to Buy
2013-12-05 Initiated Coverage Sidoti Neutral
2009-05-11 Downgrade B. Riley & Co Buy to Neutral $3.25 to $1.90
1970-01-01
2016-06-29 Downgrade TD Securities Buy to Hold
2015-06-23 Upgrade Sidoti Neutral to Buy $45.00
2014-12-08 Downgrade Sidoti Buy to Neutral
2014-11-07 Upgrade Sidoti Neutral to Buy
2013-12-05 Initiated Coverage Sidoti Neutral

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In MAG 1 funds of 2213 total. Show all

Fund name Ticker shares
HUNTINGTON NATIONAL BANK 1

Major Shareholders

Name Relationship Total Shares Holding stocks
MARXE AUSTIN W & GREENHOUSE DAVID M 9.91%  (324000) ADEP / ALCS / ASTC / ASYS / BTUI / BWEN / CACH / CDTI / CEVA / CLRX / CRMB / CYCC / DAEG / DOVR / ERI / ETRM / HEAR / INO / ISNS / ITI / LRAD / LTBR / MAG / MFI / OPXA / OVRL / PFSW / PLUG / PRKR / PTN / RGDX / RVLT / TGEN / URRE / VPCO / WPCS /