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Magna International (MGA)
NYSE:MGA
Holding MGA?
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MGA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.01 - $60.32
Previous Close$42.22
Volume2.05M
Average Volume (3M)1.56M
Market Cap
$12.16B
Enterprise Value$18.86B
Total Cash (Recent Filing)$1.06B
Total Debt (Recent Filing)$7.59B
Price to Earnings (P/E)11.0
Beta1.60
Next Earnings
Feb 07, 2025EPS Estimate
$1.48Last Dividend Ex-Date
Nov 15, 2024Dividend Yield4.63%
Share Statistics
EPS (TTM)3.75
Shares Outstanding287,280,095
10 Day Avg. Volume1,545,520
30 Day Avg. Volume1,564,042
Standard Deviation0.11
R-Squared0.58
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.99
Price to Sales (P/S)0.30
Price to Cash Flow (P/CF)4.40
P/FCF Ratio11.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.44
Enterprise Value/Gross Profit3.36
Enterprise Value/Ebitda8.37
Forecast
1Y Price Target
$46.38Price Target Upside9.85% Upside
Rating ConsensusHold
Number of Analyst Covering11
Magna International News
Bulls Say, Bears Say
Bulls Say
Cash Flow ManagementMagna International is in a position to support cash flow by significantly reducing capex and R&D spend, which could be a $500M+ support to free cash flow.
Sales OutlookQ4 sales are expected to rise driven by higher recoveries and CVA.
Stock PerformanceThe company has seen a 10% rise in shares following a better-than-feared guidance cut in Q3 and management's positive message on capital allocation, including the resumption of buybacks.
Bears Say
Competitive PressuresConcerns about customer mix headwinds remain, with 75% of revenue tied to D3/G3 OEMs, slower-than-expected scaling of Legacy OEMs EV and ADAS businesses, and long-term competitive pressures.
Financial PerformanceMagna has below average content per vehicle growth, which contributes to the downgrade.
Market ExposureMagna International is being downgraded to Sell due to its above average exposure to the European market, where weaker production is expected.
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Ownership Overview
0.14% Insiders
12.95% Mutual Funds
36.30% Other Institutional Investors
43.21% 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 $38.01 and its highest was $60.32 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 Feb 07, 2025 which is in 47 days.
How were Magna International’s earnings last quarter?
Magna International released its earnings results on Nov 01, 2024. The company reported $1.245 earnings per share for the quarter, missing the consensus estimate of $1.341 by -$0.096.
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 $0.462 which represents an annual dividend yield of 4.63%. 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 287,342,200 shares outstanding.
What happened to Magna International’s price movement after its last earnings report?
Magna International reported an EPS of $1.245 in its last earnings report, missing expectations of $1.341. Following the earnings report the stock price went up 6.352%.
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 1B.
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Magna International Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$46.38 (9.85% Upside)
$46.38 (9.85% Upside)
Blogger Sentiment
Bullish
MGA Sentiment 88%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 7.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.9%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-23.48%
12-Months-Change
Fundamentals
Return on Equity
9.11%
Trailing 12-Months
Asset Growth
3.52%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a balanced sentiment. While there are significant achievements in terms of free cash flow generation, capital discipline, and operational improvements, these are offset by challenges such as declining sales, higher income tax rates, and reduced production volumes in key markets.Read More>---
MGA Stock 12 Month Forecast
Average Price Target
$46.38
▲(9.85% Upside)
Technical Analysis
Best Analysts Covering MGA
1 Year
1 Year Success Rate
7/15 ratings generated profit
1 Year Average Return
+7.79%
reiterated a buy rating 8 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 +7.79% per trade.
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