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Magna International (TSE:MG)
TSX:MG
Holding TSE:MG?
Track your performance easily
MG Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$51.79 - C$79.98
Previous CloseC$58.9
Volume1.24M
Average Volume (3M)1.30M
Market Cap
C$16.84B
Enterprise ValueC$26.49B
Total Cash (Recent Filing)$1.06B
Total Debt (Recent Filing)$7.59B
Price to Earnings (P/E)11.4
Beta1.59
Next Earnings
Feb 07, 2025EPS Estimate
C$2.1Last Dividend Ex-Date
Aug 16, 2024Dividend Yield4.49%
Share Statistics
EPS (TTM)5.12
Shares Outstanding287,280,095
10 Day Avg. Volume1,327,575
30 Day Avg. Volume1,304,374
Standard Deviation0.10
R-Squared0.58
Alpha-0.00927
Financial Highlights & Ratios
Price to Book (P/B)1.46
Price to Sales (P/S)0.29
Price to Cash Flow (P/CF)4.20
P/FCF Ratio11.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.62
Enterprise Value/Gross Profit4.72
Enterprise Value/Ebitda7.39
Forecast
1Y Price Target
C$63.07Price Target Upside7.47% Upside
Rating ConsensusHold
Number of Analyst Covering8
Magna International News
Bulls Say, Bears Say
Bulls Say
Future PerformanceMGA's performance is projected to contribute significantly to basis points in 2024 and 2025, with engineering savings expected to enhance returns further in 2025 and 2026.
Sales GrowthQ4 sales are expected to increase, driven by higher recoveries and CVA, signaling potential revenue growth.
Stock BuybacksMGA announced 'meaningful' stock buybacks, demonstrating confidence in its financial strength and future performance.
Bears Say
Credit RiskCredit losses and delinquencies continue to trend upward for less-than-prime consumers.
Financial PerformanceChina profits flipping to losses and China producing nearly 9mm units more than it sells locally, a figure equal to 15% of non-China global volume.
Market OutlookUS inventories are on an upward slope with vehicle affordability still out of reach for many households.
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Options Prices
Currently, No data available
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Ownership Overview
0.81% Insiders
12.77% Mutual Funds
5.54% Other Institutional Investors
73.50% Public Companies and
Individual Investors
MG FAQ
What was Magna International’s price range in the past 12 months?
Magna International lowest stock price was C$51.79 and its highest was C$79.98 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 89 days.
How were Magna International’s earnings last quarter?
Magna International released its earnings results on Nov 01, 2024. The company reported C$1.782 earnings per share for the quarter, missing the consensus estimate of C$1.919 by -C$0.137.
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 C$0.65 which represents an annual dividend yield of 4.49%. See more information on Magna International dividends here
What is Magna International’s EPS estimate?
Magna International’s EPS estimate is C$2.1.
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 C$1.782 in its last earnings report, missing expectations of C$1.919. Following the earnings report the stock price went up 6.494%.
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 878M.
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Magna International Stock Smart Score
Unlock Smart Score
1
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Analyst Consensus
Hold
Average Price Target:
C$63.07 (7.47% Upside)
C$63.07 (7.47% Upside)
Blogger Sentiment
Bullish
TSE:MG Sentiment 88%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 5.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-17.28%
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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MG Company Deck
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MG Earnings Call
Q3 2024
0:00 / 0:00
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MG Stock 12 Month Forecast
Average Price Target
C$63.07
▲(7.47% Upside)
Technical Analysis
Best Analysts Covering MG
1 Year
1 Year Success Rate
7/15 ratings generated profit
1 Year Average Return
+7.96%
reiterated a buy rating 6 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 +7.96% per trade.
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