Magna International Stock Buy Hold or Sell Recommendation
| MGA Stock | USD 48.34 0.49 1.02% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Magna International is 'Hold'. Macroaxis provides Magna International buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MGA positions. The advice algorithm takes into account all of Magna International's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Magna International's buy or sell advice are summarized below:
Real Value 51.76 | Target Price 66.78 | Hype Value 48.32 | Market Value 48.34 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Magna International given historical horizon and risk tolerance towards Magna International. When Macroaxis issues a 'buy' or 'sell' recommendation for Magna International, the advice is generated through an automated system that utilizes algorithms and statistical models.
Magna |
Execute Magna International Buy or Sell Advice
The Magna recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Magna International. Macroaxis does not own or have any residual interests in Magna International or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Magna International's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Magna International Trading Alerts and Improvement Suggestions
| Magna International generated a negative expected return over the last 90 days | |
| About 74.0% of the company shares are owned by institutional investors | |
| On 8th of March 2024 Magna International paid $ 0.475 per share dividend to its current shareholders | |
| Latest headline from investorplace.com: Fisker Risk Forces Wall Street to Downgrade Magna Stock |
Magna International Returns Distribution Density
The distribution of Magna International's historical returns is an attempt to chart the uncertainty of Magna International's future price movements. The chart of the probability distribution of Magna International daily returns describes the distribution of returns around its average expected value. We use Magna International price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Magna International returns is essential to provide solid investment advice for Magna International.
| Mean Return | -0.14 | Value At Risk | -3.14 | Potential Upside | 2.64 | Standard Deviation | 1.77 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Magna International historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Magna Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Magna International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magna International backward and forwards among themselves. Magna International's institutional investor refers to the entity that pools money to purchase Magna International's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of Montreal | 2023-12-31 | 5.3 M | Bmo Capital Markets Corp. | 2023-12-31 | 5.3 M | Cibc Global Asset Management Inc | 2023-12-31 | 4.2 M | Alpine Investment Management Llc | 2023-12-31 | 3.6 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 3.5 M | Principal Financial Group Inc | 2023-12-31 | 3.4 M | Manufacturers Life Insurance Co | 2023-12-31 | 3.4 M | Norges Bank | 2023-12-31 | 3.2 M | Cibc World Markets Inc. | 2023-12-31 | 3.1 M | Bank Of America Corp | 2023-12-31 | 16.9 M | Royal Bank Of Canada | 2023-12-31 | 14.6 M |
Magna International Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 104M | 37M | (653M) | (448M) | (199.6M) | (209.6M) | |
| Change In Cash | 590M | 2.0B | (426M) | (1.7B) | (41.6M) | (39.5M) | |
| Free Cash Flow | 2.5B | 2.1B | 1.6B | 414M | 612.0M | 749.1M | |
| Depreciation | 1.3B | 1.4B | 1.5B | 1.4B | 1.8B | 1.9B | |
| Other Non Cash Items | (172M) | 257M | 129M | 559M | 4.2B | 4.4B | |
| Dividends Paid | 448M | 449M | 467M | 514M | (531.6M) | (505.0M) | |
| Capital Expenditures | 1.4B | 1.1B | 1.4B | 1.7B | 2.6B | 2.7B | |
| Net Income | 1.6B | 677M | 1.6B | 641M | 1.2B | 914.4M | |
| End Period Cash Flow | 1.4B | 3.4B | 2.9B | 1.2B | 1.2B | 1.4B | |
| Change To Netincome | 241M | 404M | 103M | 237M | 272.6M | 286.2M | |
| Net Borrowings | (1.2B) | 683M | (167M) | (391M) | (351.9M) | (334.3M) |
Magna International Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Magna International or Automobile Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Magna International's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Magna stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.28 | |
β | Beta against NYSE Composite | 1.78 | |
σ | Overall volatility | 1.76 | |
Ir | Information ratio | -0.13 |
Magna International Volatility Alert
Magna International exhibits very low volatility with skewness of -0.8 and kurtosis of 2.69. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Magna International's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Magna International's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Magna International Fundamentals Vs Peers
Comparing Magna International's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Magna International's direct or indirect competition across all of the common fundamentals between Magna International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Magna International or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Magna International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Magna International by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Magna International to competition |
| Fundamentals | Magna International | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | 0.0424 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 20.29 B | 16.62 B |
| Shares Outstanding | 287.28 M | 571.82 M |
| Shares Owned By Insiders | 6.19 % | 10.09 % |
| Shares Owned By Institutions | 74.36 % | 39.21 % |
| Number Of Shares Shorted | 9.81 M | 4.71 M |
| Price To Earning | 24.46 X | 28.72 X |
| Price To Book | 1.20 X | 9.51 X |
| Price To Sales | 0.34 X | 11.42 X |
| Revenue | 43.61 B | 9.43 B |
| Gross Profit | 4.65 B | 27.38 B |
| EBITDA | 4 B | 3.9 B |
| Net Income | 1.24 B | 570.98 M |
| Cash And Equivalents | 1.23 B | 2.7 B |
| Cash Per Share | 5.76 X | 5.01 X |
| Total Debt | 7.19 B | 5.32 B |
| Debt To Equity | 0.45 % | 48.70 % |
| Current Ratio | 1.30 X | 2.16 X |
| Book Value Per Share | 41.47 X | 1.93 K |
| Cash Flow From Operations | 3.21 B | 971.22 M |
| Short Ratio | 8.24 X | 4.00 X |
| Earnings Per Share | 4.23 X | 3.12 X |
| Price To Earnings To Growth | 0.48 X | 4.89 X |
| Target Price | 62.21 | |
| Number Of Employees | 179 K | 18.84 K |
| Beta | 1.68 | -0.15 |
| Market Capitalization | 13.89 B | 19.03 B |
| Total Asset | 32.09 B | 29.47 B |
| Retained Earnings | 9.26 B | 9.33 B |
| Working Capital | 803 M | 1.48 B |
Magna International Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Magna . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Magna International Buy or Sell Advice
When is the right time to buy or sell Magna International? Buying financial instruments such as Magna Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 5.7B | 5.1B | 7.2B | 7.5B | Total Assets | 29.1B | 27.8B | 32.1B | 33.7B |
Use Investing Ideas to Build Portfolios
In addition to having Magna International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Compulsion
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Compulsion Theme or any other thematic opportunities.
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Check out Magna International Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.Note that the Magna International information on this page should be used as a complementary analysis to other Magna International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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When running Magna International's price analysis, check to measure Magna International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magna International is operating at the current time. Most of Magna International's value examination focuses on studying past and present price action to predict the probability of Magna International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna International's price. Additionally, you may evaluate how the addition of Magna International to your portfolios can decrease your overall portfolio volatility.
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Is Magna International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magna International. If investors know Magna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magna International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.882 | Dividend Share 1.855 | Earnings Share 4.23 | Revenue Per Share 149.535 | Quarterly Revenue Growth 0.093 |
The market value of Magna International is measured differently than its book value, which is the value of Magna that is recorded on the company's balance sheet. Investors also form their own opinion of Magna International's value that differs from its market value or its book value, called intrinsic value, which is Magna International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magna International's market value can be influenced by many factors that don't directly affect Magna International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magna International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magna International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magna International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.