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Magna International (MGA)

(Delayed Data from NYSE)

$48.70 USD

48.70
1,469,194

-0.51 (-1.04%)

Updated Apr 25, 2024 04:00 PM ET

After-Market: $48.68 -0.02 (-0.04%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value A Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 35% (163 out of 251)

Industry: Automotive - Original Equipment

Better trading starts here.

Zacks News

Magna (MGA) Q4 Earnings Miss Expectations, Increase Y/Y

Magna (MGA) reports mixed fourth-quarter results and expects full-year 2024 revenues in the band of $43.8-$45.4 billion, up from $42.8 billion recorded in 2023.

Magna (MGA) Reports Q4 Earnings: What Key Metrics Have to Say

The headline numbers for Magna (MGA) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Magna (MGA) Lags Q4 Earnings Estimates

Magna (MGA) delivered earnings and revenue surprises of -8.90% and 0.11%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Allison Transmission (ALSN) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

Allison Transmission (ALSN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Unveiling Magna (MGA) Q4 Outlook: Wall Street Estimates for Key Metrics

Get a deeper insight into the potential performance of Magna (MGA) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Magna (MGA) Reports Next Week: Wall Street Expects Earnings Growth

Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ferrari (RACE) Q4 Earnings and Revenues Top Estimates

Ferrari (RACE) delivered earnings and revenue surprises of 9.43% and 2.16%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why This 1 Value Stock Could Be a Great Addition to Your Portfolio

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks

The traditional retirement planning approaches no longer cover all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.

3 Top-Ranked Dividend Stocks: A Smarter Way to Boost Your Retirement Income

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

Wall Street Analysts Believe Magna (MGA) Could Rally 27.08%: Here's is How to Trade

The average of price targets set by Wall Street analysts indicates a potential upside of 27.1% in Magna (MGA). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Are Investors Undervaluing Magna International (MGA) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

3 Top-Ranked Dividend Stocks: A Smarter Way to Boost Your Retirement Income

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

Magna (MGA) Q3 Earnings Beat Estimates, Guidance Revised

Magna (MGA) expects full-year 2023 adjusted EBIT margin in the range of 5.1-5.4%, up from the previous guidance of 4.9-5.3%.

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Auto Roundup: TM's $8B EV Investment, CMI's Q3 Results and More

Toyota (TM) is set to spend $8 billion on battery production in North Carolina. Cummins (CMI) not only delivers a comprehensive third-quarter beat, but it also records year-over-year growth in sales and earnings.

Here's Why Magna (MGA) is a Strong Value Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's What Key Metrics Tell Us About Magna (MGA) Q3 Earnings

Although the revenue and EPS for Magna (MGA) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Magna (MGA) Beats Q3 Earnings and Revenue Estimates

Magna (MGA) delivered earnings and revenue surprises of 6.57% and 3.18%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Analysts Estimate LCI (LCII) to Report a Decline in Earnings: What to Look Out for

LCI (LCII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Magna (MGA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Industry Outlook Highlights Magna, Gentex, Allison Transmission and Adient

Magna, Gentex, Allison Transmission and Adient have been highlighted in this Industry Outlook article.

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4 Auto Equipment Stocks Effectively Navigating Industry Dynamics

Auto equipment providers like MGA, GNTX, ALSN and ADNT are a few top-ranked players from the industry, which is currently feeling the heat of the UAW strike, risks of slowing vehicle demand and high operational costs.

Ford (F) Temporarily Slashes Headcount in Michigan Plant

Ford (F) temporarily lays off employees at Rouge EV Center in Michigan due to multiple issues, including supply chain constraints.