Magna International Stock Analysis
MGA Stock | USD 54.48 0.06 0.11% |
Magna International is fairly valued with Real Value of 54.92 and Target Price of 66.78. The main objective of Magna International stock analysis is to determine its intrinsic value, which is an estimate of what Magna International is worth, separate from its market price. There are two main types of Magna International's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Magna International's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Magna International's stock to identify patterns and trends that may indicate its future price movements.
The Magna International stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Magna International is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Magna Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Magna International's ongoing operational relationships across important fundamental and technical indicators.
Magna |
Magna Stock Analysis Notes
About 75.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.32. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Magna International has Price/Earnings To Growth (PEG) ratio of 0.5. The entity last dividend was issued on the 22nd of February 2024. The firm had 2:1 split on the 26th of March 2015. Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada. Magna International operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 161000 people. To find out more about Magna International contact Donald Walker at 905-726-2462 or learn more at https://www.magna.com.Magna International Quarterly Total Revenue |
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Magna International Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Magna International's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Magna International or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Magna International generated a negative expected return over the last 90 days | |
About 75.0% 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 globenewswire.com: Magna Posts 2023 Annual Report |
Magna International Upcoming and Recent Events
Earnings reports are used by Magna International to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Magna International previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
9th of February 2024 Upcoming Quarterly Report | View | |
3rd of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
9th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Magna Largest EPS Surprises
Earnings surprises can significantly impact Magna International's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2007-11-06 | 2007-09-30 | 0.34 | 0.38 | 0.04 | 11 | ||
2007-02-27 | 2006-12-31 | 0.29 | 0.25 | -0.04 | 13 | ||
1998-12-10 | 1998-09-30 | 0.4 | 0.44 | 0.04 | 10 |
Magna International Thematic Classifications
In addition to having Magna International stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Power AssetsHigh potential, large capitalization stocks theme | ||
Automobiles and TrucksUSA Equities from Automobiles and Trucks industry as classified by Fama & French |
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 originate 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 Market Capitalization
The company currently falls under 'Large-Cap' category with a total capitalization of 15.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magna International's market, we take the total number of its shares issued and multiply it by Magna International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Magna Profitablity
Magna International's profitability indicators refer to fundamental financial ratios that showcase Magna International's ability to generate income relative to its revenue or operating costs. If, let's say, Magna International is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Magna International's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Magna International's profitability requires more research than a typical breakdown of Magna International's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.03 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.05 %, which entails that for every 100 dollars of revenue, it generated $0.05 of operating income. Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.12 | 0.17 | |
Return On Assets | 0.04 | 0.04 | |
Return On Equity | 0.10 | 0.07 |
Management Efficiency
Magna International has Return on Asset of 0.0424 % which means that on every $100 spent on assets, it made $0.0424 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1089 %, implying that it generated $0.1089 on every 100 dollars invested. Magna International's management efficiency ratios could be used to measure how well Magna International manages its routine affairs as well as how well it operates its assets and liabilities. At present, Magna International's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.04, whereas Return On Equity is forecasted to decline to 0.07. At present, Magna International's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 19 B, whereas Other Current Assets are forecasted to decline to about 192.3 M.Last Reported | Projected for 2024 | ||
Price Book Value Ratio | 1.43 | 1.19 | |
Enterprise Value Multiple | 5.73 | 6.27 | |
Price Fair Value | 1.43 | 1.19 |
The analysis of Magna International's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Magna International's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Magna Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0348 | Forward Dividend Yield 0.0348 | Forward Dividend Rate 1.9 | Beta 1.718 |
Technical Drivers
As of the 29th of March, Magna International secures the Mean Deviation of 1.27, standard deviation of 1.83, and Risk Adjusted Performance of (0.02). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Magna International, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Magna International, which can be compared to its peers in the industry. Please verify Magna International information ratio, as well as the relationship between the value at risk and kurtosis to decide if Magna International is priced some-what accurately, providing market reflects its recent price of 54.48 per share. Given that Magna International has information ratio of (0.12), we recommend you to check Magna International's last-minute market performance to make sure the company can sustain itself at a future point.Magna International Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Magna International middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Magna International. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Magna International Predictive Daily Indicators
Magna International intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Magna International stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 9046.44 | |||
Daily Balance Of Power | (0.11) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 54.54 | |||
Day Typical Price | 54.52 | |||
Price Action Indicator | (0.09) | |||
Period Momentum Indicator | (0.06) |
Magna International Corporate Filings
6K | 28th of March 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 14th of March 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 11th of March 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
7th of March 2024 Other Reports | ViewVerify | |
5th of March 2024 Other Reports | ViewVerify | |
6K | 29th of February 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
27th of February 2024 Other Reports | ViewVerify | |
6K | 23rd of February 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
Magna International Forecast Models
Magna International's time-series forecasting models are one of many Magna International's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Magna International's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Magna Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Magna International prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Magna shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Magna International. By using and applying Magna Stock analysis, traders can create a robust methodology for identifying Magna entry and exit points for their positions.
Last Reported | Projected for 2024 | ||
Pretax Profit Margin | 0.04 | 0.06 | |
Operating Profit Margin | 0.05 | 0.07 | |
Net Profit Margin | 0.03 | 0.03 | |
Gross Profit Margin | 0.1 | 0.18 |
Current Magna Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Magna analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Magna analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
66.78 | Buy | 20 | Odds |
Most Magna analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Magna stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Magna International, talking to its executives and customers, or listening to Magna conference calls.
Magna Stock Analysis Indicators
Magna International stock analysis indicators help investors evaluate how Magna International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Magna International shares will generate the highest return on investment. By understating and applying Magna International stock analysis, traders can identify Magna International position entry and exit signals to maximize returns.
Begin Period Cash Flow | 1.2 B | |
Common Stock Shares Outstanding | 286.6 M | |
Total Stockholder Equity | 11.8 B | |
Tax Provision | 343 M | |
Quarterly Earnings Growth Y O Y | 1.882 | |
Property Plant And Equipment Net | 11.3 B | |
Cash And Short Term Investments | 1.2 B | |
Cash | 1.2 B | |
Accounts Payable | 7.8 B | |
Net Debt | 6 B | |
50 Day M A | 54.9322 | |
Total Current Liabilities | 13.2 B | |
Other Operating Expenses | 41.4 B | |
Non Current Assets Total | 18.1 B | |
Forward Price Earnings | 9.0334 | |
Non Currrent Assets Other | 1.9 B | |
Stock Based Compensation | -4 B |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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.