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Market Cap 18.02B P/E 40.84 EPS this Y 9.50% Ern Qtrly Grth 185.30%
Income 1.21B Forward P/E 9.75 EPS next Y 21.10% 50D Avg Chg 11.00%
Sales 42.8B PEG 0.67 EPS past 5Y -7.34% 200D Avg Chg 11.00%
Dividend 3.00% Price/Book 1.62 EPS next 5Y 12.20% 52W High Chg -9.00%
Recommedations 2.50 Quick Ratio 0.69 Shares Outstanding 287.28M 52W Low Chg 38.00%
Insider Own 6.19% ROA 4.24% Shares Float 286.32M Beta 1.68
Inst Own 74.36% ROE 10.89% Shares Shorted/Prior 9.81M/9.76M Price 62.90
Gross Margin 13.11% Profit Margin 2.83% Avg. Volume 1,103,437 Target Price 61.79
Oper. Margin 5.01% Earnings Date May 3 Volume 1,062,915 Change -1.70%
About Magna International, Inc.

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis system, battery enclosures, and engineering and testing; and exteriors, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, side doors, and greenhouse products. The Power & Vision segment offers electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; far camera module, remote camera heads, interior sensing camera, radars, thermal sensing, and domain controllers; interior and exterior mirrors, camera monitoring system driver/occupant monitoring systems, and smart actuators; forward and rear lighting, and lit grilles/panels/displays; latching system, door modules, charge port doors, power system, hinges, and door handles; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

Magna International, Inc. News
MGA Chatroom

User Image davidmoadel Posted - 16 minutes ago

Cheapskate Investor Alert! Magna International Stock Is Priced to Buy Now. -- article I wrote for @investorplace https://investorplace.com/2024/04/cheapskate-investor-alert-magna-international-stock-is-priced-to-buy-now/ $MGA

User Image OPmoney Posted - 1 hour ago

$FSRN Aurora/Graz – Around 500 jobs will be cut at the automobile manufacturer $MGA Magna in Graz. This was communicated to the staff on Wednesday afternoon and confirmed by Magna in response to APA inquiries. According to Magna, discussions with employees are now starting and the first layoffs are likely to take place at the end of April.

User Image TeresaTrades Posted - 1 day ago

Largest PUT OI increases $WBD $MGA $SBUX $BAC $PFE

User Image TeresaTrades Posted - 1 day ago

Largest CALL OI increases $CHPT $MGA $TSM $C $TSLA

User Image InvestorPlace Posted - 1 day ago

Trade of the Day: Buy Magna (MGA) Stock to Profit From EV Sector Fallout $MGA https://investorplace.com/2024/04/trade-of-the-day-buy-magna-mga-stock-to-profit-from-ev-sector-fallout/

User Image moneY_i_moneY_o Posted - 3 days ago

$FSRN All Ocean owner are helping @Hfisker for all the improvement needed in terms of the car performance. $MGA support Fisker 💯

User Image Zackpedia Posted - 4 days ago

$MG.TSX $MGA Will be going down more next week

User Image OPmoney Posted - 4 days ago

$FSRN $STLA $MGA all catching a bid UP ! Time to RIDE!

User Image Zackpedia Posted - 5 days ago

$MG.TSX $MGA Investors were rushing to buy above $75 when I alerted to sell and now no one wants to buy, so stupid🤔😂

User Image FROGGER111 Posted - 5 days ago

$MGA great time to buy this imo

User Image Zackpedia Posted - 6 days ago

$MG.TSX $MGA Buying time!

User Image OPmoney Posted - 1 week ago

$FSRN Bearish AssHats fail to mention Fisker "amendments to 2025 senior convertible notes... outstanding debt REDUCED by 185.5 Million as of Jan 19th 2024..." None can comprehend and acknowledge the same or similar simple RE-Org on debt is occurring this Forbearance-week. How many times and ways will this POS InvestorPlace re-hash the same meaningless noise Fisker is BK and sky-is falling diatribe each day. Couple of AssHats now after $MGA before they even PR earnings on May 3rd

User Image InvestorPlace Posted - 1 week ago

Fisker Risk Forces Wall Street to Downgrade Magna (MGA) Stock $MGA $FSRN https://investorplace.com/2024/04/fisker-risk-forces-wall-street-to-downgrade-magna-mga-stock/

User Image OPmoney Posted - 1 week ago

$FSRN dust settles here, then next month MAY 3rd interested to know $MGA ER +PR (12B and 2.83 EPS or bust) FWIW: Magna Steyr GmbH & Co KG is an automobile manufacturer based in Graz, Austria, where its primary manufacturing plant is also located. It is a subsidiary of Canadian-based Magna International and was previously part of the Steyr-Daimler-Puch conglomerate. RE: AURORA, Ontario, April 15, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA INTERNATIONAL INC. FIRST QUARTER 2024 RESULTS WEBCAST FRIDAY – MAY 3, 2024 8:00 AM ET LIVE AUDIO WEBCAST Webcast registration: https://events.q4inc.com/attendee/510210737

User Image Stock_Titan Posted - 1 week ago

$MGA Magna Announces Date for Q1 2024 Results Call https://www.stocktitan.net/news/MGA/magna-announces-date-for-q1-2024-results-rz53mmy3qrl1.html

User Image Stocksrunner Posted - 1 week ago

📈 Monday Headlines and Hot Stocks to Watch! 🚀 $AAPL denies violating US court order in Epic Games lawsuit. $BNP to become top investor in Belgian insurer Ageas. $COIN asks to appeal part of case against US SEC. $GL Betting On A Bounce To $80. $MGA A Global Automotive Supplier Currently On An Upswing. https://stocksrunner.com/trending

User Image DonCorleone77 Posted - 1 week ago

$TSLA $MBLY $APTV $MGA Tesla FSD price cut a 'sensible move,' says Citi Citi views Tesla's (TSLA) decision on Friday to reduce the monthly subscription price of its supervised full-self driving to $99 from $199 as a "sensible move" that could drive higher installed-base software revenue and perhaps boost vehicle demand. The firm says Tesla's new pricing aligns with its own view of the value proposition at this stage. It believes the price cut has a positive-read to advanced driver-assistance systems suppliers Mobileye (MBLY), Aptiv (APTV) and Magna (MGA). If Tesla were to experience a major uptick in full-self driving attach-rates, that could accelerate industry adoption of competing systems, most notably Mobileye SuperVision, the analyst tells investors in a research note.

User Image Budden Posted - 1 week ago

$SPY $QQQ $MGA Whoa! Neat!

User Image Zackpedia Posted - 1 week ago

$MG.TSX $MGA 👍👍😂😂

User Image bankswapsmarket Posted - 2 weeks ago

@AMG44 @Mokra93 it comes down to if they are able to secure funding and responsible co owner / investor… I think $MGA would via $DB and restructuring partner but Geeta, daughter have to go and board ownership would have to the new controlling company 51%. New CFO, COO and CMO and CoCEO. There is lot to like the cars ,design idea, even the platform 4 vehicles and well other things that were run badly. Henrik was over his head or blinded or both but he can continue doing what he loves and is good at. I think the truck and Pear will be smash hit if it sees the light of day. My guess is negotiations taking place hence the utter silence. I would expect 1 billion shares of the 2 billion approved transferred to Magna with stock propped back up and production starting back up with new management team in place to fix the misspending, accounting and other issues. $FSRN and eventual relisting on the big board like Chinese Coffee Luckin

User Image TickerDD_com Posted - 2 weeks ago

From 4/1/2024, looking back across 22 Month-Ends for MGA, Percentage Change of Average Monthly Price had More Negatives (64%) while Percentage Change of Average Monthly Volume had All Positives (100%) $MGA #MGA #MGAStock #TickerDD https://www.youtube.com/watch?v=PoRd9D2n8WQ

User Image SusyH Posted - 2 weeks ago

$VLEEY 200,000+ SCALA™ on the road to date $MGA (Innoviz) 100-1,000 InnovizOne on the road to date $LAZR 0 Iris on the road to date Even $MVIS still has more devices on the road (Lux and Scala 1) than Luminar. If you really want to invest in Lidar, buy Valeo. Market leader today, market leader forever. https://www.valeo.com/en/catalogue/cda/long-range-lidar-sensors-scala-gen-3/

User Image KenFaulkenberry Posted - 2 weeks ago

Highest Yielding Consumer Cyclical Stocks In Each Dividend Value Builder Risk/Stability Grade: Symbol - Company Name (Risk/Stability Grade) - Yield $HD - Home Depot (A) - 2.5% $BBY - Best Buy Co. (B) - 4.7% $MGA - Magna International (C) - 3.6% $CBRL - Cracker Barrel (D) - 7.4% $LEG - Leggett & Platt (F) - 9.9% Diversification Option: Vanguard Consumer Discretionary ETF (VCR)

User Image Zackpedia Posted - 2 weeks ago

$MG.TSX $MGA Closing below 71 today

User Image cyber_lied Posted - 3 weeks ago

$FSRN door latch not working properly. Who’s fault. FISKER or $MGA ?

User Image Zackpedia Posted - 3 weeks ago

$LCID $RIVN $TSLA $NIO $MGA Yup! Follow to get my alerts on time and make money.

User Image Zackpedia Posted - 3 weeks ago

$MG.TSX $MGA You can buy back some now at 72.2!

User Image cyber_lied Posted - 3 weeks ago

$FSRN $MGA $QQQ $SPY lmao yeah sure.

User Image ElonaReeveMusk Posted - 3 weeks ago

$FSRN $MGA @cyber_lied @Nephilim8 Magna has nothing to do with this issue. They build the vehicles to the print that fisker provided. It’s like your iPhone catches fire and you blaming Foxconn for that. Get your facts straight. $SPY $QQQ

User Image Stock_Titan Posted - 03/28/24

$MGA Magna Posts 2023 Annual Report https://www.stocktitan.net/news/MGA/magna-posts-2023-annual-bslcispjdpny.html

Analyst Ratings
TD Securities Buy Apr 22, 24
JP Morgan Overweight Apr 22, 24
Barclays Equal-Weight Apr 11, 24
Scotiabank Sector Perform Feb 12, 24
RBC Capital Sector Perform Feb 12, 24
BMO Capital Outperform Feb 12, 24
JP Morgan Overweight Jan 25, 24
Barclays Equal-Weight Jan 24, 24
Goldman Sachs Neutral Jan 3, 24