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Magna International Inc (NYSE: MGA) closed the day trading at $33.38 up 0.51% from the previous closing price of $33.21. In other words, the price has increased by $0.51 from its previous closing price. On the day, 1.58 million shares were traded.
Ratios:
For a better understanding of MGA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.41. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.48.
On March 04, 2025, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $52 to $48.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on January 24, 2025, whereas the target price for the stock was revised from $41 to $52.
Valuation Measures:
As of this moment, Magna’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.34, 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 1.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 0.80.
Stock Price History:
Over the past 52 weeks, MGA has reached a high of $48.18, while it has fallen to a 52-week low of $30.39. The 50-Day Moving Average of the stock is -3.93%, while the 200-Day Moving Average is calculated to be -16.33%.
Shares Statistics:
A total of 281.74M shares are outstanding, with a floating share count of 263.07M. Insiders hold about 6.63% of the company’s shares, while institutions hold 72.15% stake in the company.
