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Magna International (MGA)
NYSE:MGA
RESEARCH TOOLSreports
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MGA Stock Chart & Stats
Day’s Range― - ―
52-Week Range$38.01 - $59.37
Previous CloseN/A
Volume493.11K
Average Volume (3M)1.31M
Market Cap
$11.65B
Enterprise Value$25.31B
Total Cash (Recent Filing)$974.00M
Total Debt (Recent Filing)$2.41B
Price to Earnings (P/E)10.9
Beta1.57
Next Earnings
Feb 14, 2025EPS Estimate
1.49Last Dividend Ex-Date
Nov 15, 2024Dividend Yield4.65%
Share Statistics
EPS (TTM)3.75
Shares Outstanding287,342,200
10 Day Avg. Volume1,097,730
30 Day Avg. Volume1,311,062
Standard Deviation0.11
R-Squared0.59
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.31
Price to Cash Flow (P/CF)4.50
P/FCF Ratio11.30
Enterprise Value/Market Cap2.17
Enterprise Value/Revenue0.59
Enterprise Value/Gross Profit4.51
Enterprise Value/Ebitda11.23
Forecast
1Y Price Target
$46.25Price Target Upside14.00% Upside
Rating ConsensusHold
Number of Analyst Covering11
Magna International News
Bulls Say, Bears Say
Bulls Say
Free Cash FlowMagna International is in a position to support cash flow by significantly reducing capex and R&D spend, potentially providing a $500M+ boost to free cash flow, more than offsetting potential declines in underlying EBITDA.
Sales GrowthQ4 sales are expected to rise driven by higher recoveries and CVA, indicating robust growth prospects for the company.
Share 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
Market ExposureMagna International is being downgraded to Sell due to its above average exposure to the European market, where weaker production is expected.
Revenue DependenceConcerns 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.
Sales ForecastMGA lowered sales by approximately $0.6 billion driven by lower global light vehicle production.
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Ownership Overview
0.14% Insiders
13.69% Mutual Funds
0.40% Other Institutional Investors
78.34% 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 $59.37 in the past 12 months.
What is Magna International’s market cap?
Magna International’s market cap is $11.65B.
When is Magna International’s upcoming earnings report date?
Magna International’s upcoming earnings report date is Feb 14, 2025 which is in 27 days.
How were Magna International’s earnings last quarter?
Magna International released its earnings results on Nov 01, 2024. The company reported $1.237 earnings per share for the quarter, missing the consensus estimate of $1.333 by -$0.095.
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 $0.46 which represents an annual dividend yield of 4.65%. See more information on Magna International dividends here
What is Magna International’s EPS estimate?
Magna International’s EPS estimate is 1.49.
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 $1.237 in its last earnings report, missing expectations of $1.333. Following the earnings report the stock price went up 6.352%.
Which hedge fund is a major shareholder of Magna International?
Currently, no hedge funds are holding shares in MGA
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Magna International Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$46.25 (14.00% Upside)
$46.25 (14.00% Upside)
Blogger Sentiment
Bullish
MGA Sentiment 88%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 7.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 1.6%
Last 30 Days ▼ 3.6%
Last 30 Days ▼ 3.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-22.99%
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
$46.25
▲(14.00% Upside)
Technical Analysis
Best Analysts Covering MGA
1 Year
1 Year Success Rate
7/15 ratings generated profit
1 Year Average Return
+7.44%
reiterated a buy rating 9 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 +7.44% per trade.
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