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Magna International (MGA)
NYSE:MGA
Magna International (MGA) Stock Price & Analysis
1,451 Followers
MGA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$40.83 - $63.01
Previous Close$41.55
Volume1.55M
Average Volume (3M)1.91M
Market Cap
$11.99B
Enterprise Value$18.80B
Total Cash (Recent Filing)$1.52B
Total Debt (Recent Filing)$7.92B
Price to Earnings (P/E)11.8
Beta1.56
Next Earnings
Aug 09, 2024EPS Estimate
$1.48Last Dividend Ex-Date
May 16, 2024Dividend Yield4.48%
Share Statistics
EPS (TTM)3.53
Shares Outstanding287,280,095
10 Day Avg. Volume1,300,864
30 Day Avg. Volume1,909,899
Standard Deviation0.11
R-Squared0.60
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.54
Price to Sales (P/S)1.16
Price to Cash Flow (P/CF)11.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.44
Enterprise Value/Gross Profit3.35
Enterprise Value/Ebitda5.60
Forecast
1Y Price Target
$57.42Price Target Upside35.23% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Magna International News
PremiumPress Releases
Magna Announces Date for Q2 2024 Results Call
PremiumCompany Announcements
Magna International Issues $450M Senior Notes
PremiumCompany Announcements
Magna International’s CAD$450M Notes Offering
PremiumPress Releases
Magna Announces CAD Senior Notes Offering
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company maintained its EBIT margin guidance despite challenges.
Growth PotentialThe company can grow revenue and EPS over time driven by its efforts in megatrend areas, broad-based product set, and focus on improving operational efficiencies.
Product DiversityMagna's product diversity across powertrains is viewed positively.
Bears Say
EV MarketA significant portion of Magna's EV wins are with North American OEMs that have slowed their BEV plans.
Regional ExposureMagna has less exposure in China where EVs and domestic Chinese OEMs are growing faster.
Revenue GuidanceMagna lowered its revenue guidance for the year.
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Ownership Overview
1.93% Insiders
12.87% Mutual Funds
7.08% Other Institutional Investors
78.13% Public Companies and Individual Investors
MGA FAQ
What was Magna International’s price range in the past 12 months?
Magna International lowest stock price was $40.83 and its highest was $63.01 in the past 12 months.
What is Magna International’s market cap?
Currently, no data Available
When is Magna International’s upcoming earnings report date?
Magna International’s upcoming earnings report date is Aug 09, 2024 which is in 37 days.
How were Magna International’s earnings last quarter?
Magna International released its earnings results on May 03, 2024. The company reported $1.075 earnings per share for the quarter, missing the consensus estimate of $1.191 by -$0.116.
Is Magna International overvalued?
According to Wall Street analysts Magna International’s price is currently Undervalued.
Does Magna International pay dividends?
Magna International pays a Quarterly dividend of $0.47 which represents an annual dividend yield of 4.48%. See more information on Magna International dividends here
What is Magna International’s EPS estimate?
Magna International’s EPS estimate is $1.48.
How many shares outstanding does Magna International have?
Magna International has 287,280,100 shares outstanding.
What happened to Magna International’s price movement after its last earnings report?
Magna International reported an EPS of $1.075 in its last earnings report, missing expectations of $1.191. Following the earnings report the stock price went down -3.546%.
Which hedge fund is a major shareholder of Magna International?
Among the largest hedge funds holding Magna International’s share is Pzena Investment Management LLC. It holds Magna International’s shares valued at 983M.
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Magna International Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$57.42 (35.23% Upside)
$57.42 (35.23% Upside)
Blogger Sentiment
Bullish
MGA Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 5.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.4%
Last 30 Days ▼ 0.7%
Last 30 Days ▼ 0.7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.74%
12-Months-Change
Fundamentals
Return on Equity
8.96%
Trailing 12-Months
Asset Growth
6.60%
Trailing 12-Months
Company Description
Magna International
Magna International, Inc. is a mobility technology company, which supplies to the automotive industry. It operates through the following segments: Body Exteriors and Structures; Power and Vision; Seating Systems; and Complete Vehicles. The Body Exteriors and Structures segment includes body and chassis systems, exterior systems and roof systems operations. The Power and Vision segment comprises of global powertrain systems, electronics systems, mirrors and lighting and mechatronics operations. The Seating Systems segment deals with global seating systems operations. The Complete Vehicles segment focuses on vehicle engineering and manufacturing operations. The company was founded by Frank Stronach in 1957 and is headquartered in Aurora, Canada.
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MGA Company Deck
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MGA Earnings Call
Q1 2024
0:00 / 0:00
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MGA Stock 12 Month Forecast
Average Price Target
$57.42
▲(35.23% Upside)
Technical Analysis
Best Analysts Covering MGA
1 Year
1 Year Success Rate
7/15 ratings generated profit
1 Year Average Return
+7.80%
reiterated a buy rating 2 months ago
Copying Brian Morrison's trades and holding each position for 1 Year would result in 46.67% of your transactions generating a profit, with an average return of +7.80% per trade.
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