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After finishing at $33.99 in the prior trading day, Magna International Inc (NYSE: MGA) closed at $34.22, up 0.68%. In other words, the price has increased by $0.68 from its previous closing price. On the day, 1.84 million shares were traded. MGA stock price reached its highest trading level at $34.49 during the session, while it also had its lowest trading level at $33.31.
Ratios:
Our goal is to gain a better understanding of MGA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.76. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.50.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on March 04, 2025, Downgraded its rating to Neutral and sets its target price to $48 from $52 previously.
On January 24, 2025, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $41 to $52.
Goldman Downgraded its Neutral to Sell on December 11, 2024, whereas the target price for the stock was revised from $42 to $41.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MGA now has a Market Capitalization of 9640972288 and an Enterprise Value of 16080466944. As of this moment, Magna’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.73, and their Forward P/E ratio for the next fiscal year is 5.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 0.375 whereas that against EBITDA is 3.976.
Stock Price History:
The Beta on a monthly basis for MGA is 1.53, which has changed by -0.34893453 over the last 52 weeks, in comparison to a change of 0.08089435 over the same period for the S&P500. Over the past 52 weeks, MGA has reached a high of $54.36, while it has fallen to a 52-week low of $33.28. The 50-Day Moving Average of the stock is -9.51%, while the 200-Day Moving Average is calculated to be -16.79%.
Shares Statistics:
The stock has traded on average 1.84M shares per day over the past 3-months and 1690090 shares per day over the last 10 days, according to various share statistics. A total of 282.88M shares are outstanding, with a floating share count of 263.05M. Insiders hold about 6.62% of the company’s shares, while institutions hold 71.63% stake in the company. Shares short for MGA as of 1741910400 were 7395665 with a Short Ratio of 4.03, compared to 1739491200 on 9456129.
Dividends & Splits
In the trailing 12 months, MGA’s forward annual dividend rate was 1.91, compared to 1.91 this year. Against a Trailing Annual Dividend Yield of 0.056192994The stock’s 5-year Average Dividend Yield is 3.2. The current Payout Ratio is 54.14% for MGA, which recently paid a dividend on 2024-11-15 with an ex-dividend date of 1740700800. Stock splits for the company last occurred on 2015-03-26 when the company split stock in a 2:1 ratio.
