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Magna International (TSE:MG)
TSX:MG
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MG Stock Chart & Stats
Day’s Range― - ―
52-Week RangeC$51.79 - C$79.98
Previous CloseN/A
Volume173.05K
Average Volume (3M)846.26K
Market Cap
$16.95B
Enterprise ValueC$25.31B
Total Cash (Recent Filing)$974.00M
Total Debt (Recent Filing)$2.41B
Price to Earnings (P/E)11.5
Beta1.56
Next Earnings
Feb 14, 2025EPS Estimate
2.17Last Dividend Ex-Date
Nov 15, 2024Dividend Yield4.63%
Share Statistics
EPS (TTM)5.12
Shares Outstanding287,342,200
10 Day Avg. Volume722,362
30 Day Avg. Volume846,262
Standard Deviation0.10
R-Squared0.59
Alpha-0.00756
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 Ratio11.40
Enterprise Value/Market Cap1.49
Enterprise Value/Revenue0.59
Enterprise Value/Gross Profit4.51
Enterprise Value/Ebitda11.23
Forecast
1Y Price Target
C$69.79Price Target Upside16.16% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Magna International News
Bulls Say, Bears Say
Bulls Say
Positive Free Cash Flow OutlookMagna's free cash flow is likely trending upward in 2025, while most auto companies' cash flows are trending downward.
Sales Growth ExpectationQ4 sales are expected to rise driven by higher recoveries and CVA.
Share Price IncreaseThe 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 ConcernsConcerns 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 OutlookMagna has lowered sales by approximately $0.6 billion driven by lower global light vehicle production.
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Options Prices
Currently, No data available
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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
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?
Magna International’s market cap is $16.95B.
When is Magna International’s upcoming earnings report date?
Magna International’s upcoming earnings report date is Feb 14, 2025 which is in 14 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$0.661 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 2.17.
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 6.495%.
Which hedge fund is a major shareholder of Magna International?
Currently, no hedge funds are holding shares in TSE:MG
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Magna International Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$69.79 (16.16% Upside)
C$69.79 (16.16% Upside)
Blogger Sentiment
Bullish
TSE:MG Sentiment 83%
Sector Average 64%
Sector Average 64%
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.5%
Last 30 Days ▲ 6.5%
Last 30 Days ▲ 6.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-22.00%
12-Months-Change
Fundamentals
Return on Equity
8.77%
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
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>---
MG Stock 12 Month Forecast
Average Price Target
C$69.79
▲(16.16% Upside)
Technical Analysis
Best Analysts Covering MG
1 Year
1 Year Success Rate
7/16 ratings generated profit
1 Year Average Return
+7.39%
reiterated a buy rating 5 days ago
Copying Brian Morrison's trades and holding each position for 1 Year would result in 43.75% of your transactions generating a profit, with an average return of +7.39% per trade.
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