Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $36.77 in the prior trading day, Magna International Inc (NYSE: MGA) closed at $36.30, down -1.28%. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 1.54 million shares were traded. MGA stock price reached its highest trading level at $37.08 during the session, while it also had its lowest trading level at $36.1.
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 8.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.17. 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 10238270464 and an Enterprise Value of 16678662144. As of this moment, Magna’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.33, and their Forward P/E ratio for the next fiscal year is 5.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 0.389 whereas that against EBITDA is 4.124.
Stock Price History:
The Beta on a monthly basis for MGA is 1.49, which has changed by -0.35016114 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, MGA has reached a high of $56.12, while it has fallen to a 52-week low of $33.30. The 50-Day Moving Average of the stock is -6.20%, while the 200-Day Moving Average is calculated to be -12.54%.
Shares Statistics:
The stock has traded on average 1.75M shares per day over the past 3-months and 2010050 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 71.64% stake in the company. Shares short for MGA as of 1740700800 were 15834470 with a Short Ratio of 9.07, compared to 1738281600 on 6012245.
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 0.051944517The stock’s 5-year Average Dividend Yield is 3.19. 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.
Earnings Estimates
The current rating of Magna International Inc (MGA) reflects the combined expertise of 16.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $1.2, with high estimates of $1.41 and low estimates of $1.11.
Analysts are recommending an EPS of between $5.3 and $4.07 for the fiscal current year, implying an average EPS of $4.94. EPS for the following year is $6.22, with 17.0 analysts recommending between $7.25 and $5.0.
Revenue Estimates
12 analysts predict $9.66B in revenue for the current quarter. It ranges from a high estimate of $10.15B to a low estimate of $9.33B. As of the current estimate, Magna International Inc’s year-ago sales were $10.97BFor the next quarter, 12 analysts are estimating revenue of $10.01B. There is a high estimate of $10.21B for the next quarter, whereas the lowest estimate is $9.63B.
A total of 17 analysts have provided revenue estimates for MGA’s current fiscal year. The highest revenue estimate was $40.63B, while the lowest revenue estimate was $38.41B, resulting in an average revenue estimate of $39.4B. In the same quarter a year ago, actual revenue was $42.84BBased on 16 analysts’ estimates, the company’s revenue will be $40.88B in the next fiscal year. The high estimate is $42.53B and the low estimate is $39.17B.
