Back to top
more

Magna International Inc. (MGA)

(Delayed Data from NYSE)

$96.12 USD

96.12
1,858,431

+3.81 (4.13%)

Updated Apr 21, 2021 04:00 PM ET

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 Buy25.41%
2Buy19.02%
3Hold10.72%
4Sell6.46%
5Strong Sell3.06%
S&P50011.04%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

1-Strong Buy of 5 1        

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value A Growth D Momentum A VGM

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%.

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

Bottom 22% (197 out of 254)

Industry: Automotive - Original Equipment

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Trades from $1

Balance Sheet

Research for MGA More Info

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

   

Fiscal Year End for Magna International Inc. falls in the month of December.

All items in Millions except Per Share data.

12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Assets          
Cash & Equivalents 3,268 1,276 684 726 974
Receivables 6,394 5,927 6,605 6,878 6,165
Notes Receivable 0 0 0 0 0
Inventories 3,444 3,304 3,403 3,379 2,804
Other Current Assets 260 238 1,142 237 220
Total Current Assets 13,366 10,745 11,834 11,220 10,163
Net Property & Equipment 8,475 8,260 8,095 8,141 7,022
Investments & Advances 947 1,210 2,189 2,088 1,850
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 372 308 300 236 268
Intangibles 2,576 2,460 2,539 2,749 2,544
Deposits & Other Assets 963 996 988 959 719
Total Assets 28,605 25,790 25,945 25,393 22,566
Liabilities & Shareholders Equity 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Notes Payable 0 0 1,098 259 623
Accounts Payable 6,266 5,628 6,094 6,299 5,430
Current Portion Long-Term Debt 129 106 201 108 139
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 3,069 2,553 2,503 2,485 2,407
Income Taxes Payable 38 17 0 18 96
Other Current Liabilities 0 0 408 0 0
Total Current Liabilities 9,743 8,529 10,304 9,169 8,695
Mortgages 0 0 0 0 0
Deferred Taxes/Income 452 419 401 323 293
Convertible Debt 0 0 0 0 0
Long-Term Debt 3,973 3,062 3,084 3,195 2,394
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1,061 1,048 997 974 965
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 16,885 14,659 14,786 13,661 12,347
Shareholders Equity 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Preferred Stock 0 0 0 0 0
Common Stock (Par) 3,271 3,198 3,380 3,617 3,796
Capital Surplus 128 127 120 119 105
Retained Earnings 8,704 8,596 8,376 8,089 7,318
Other Equity -383 -790 -717 -93 -1,000
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 11,720 11,131 11,159 11,732 10,219
Total Liabilities & Shareholder's Equity 28,605 25,790 25,945 25,393 22,566
Total Common Equity 11,720 11,131 11,159 11,732 10,219
Shares Outstanding 300.50 303.20 327.30 360.80 382.30
Book Value Per Share 39.00 36.71 34.09 32.52 26.73

Fiscal Year End for Magna International Inc. falls in the month of December.

All items in Millions except Per Share data.

3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Assets          
Cash & Equivalents NA 3,268 1,498 533 1,146
Receivables NA 6,394 6,687 5,340 5,684
Notes Receivable NA 0 0 0 0
Inventories NA 3,444 3,509 3,503 3,531
Other Current Assets NA 260 196 216 234
Total Current Assets NA 13,366 11,890 9,592 10,595
Net Property & Equipment NA 8,475 7,898 7,860 7,948
Investments & Advances NA 947 1,143 1,336 1,336
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 372 319 353 324
Intangibles NA 2,576 2,476 2,421 2,406
Deposits & Other Assets NA 963 947 941 934
Total Assets NA 28,605 26,460 24,280 25,331
Liabilities & Shareholders Equity 3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Notes Payable NA 0 0 188 0
Accounts Payable NA 6,266 5,808 4,243 5,635
Current Portion Long-Term Debt NA 129 98 150 93
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 3,069 3,097 2,749 2,728
Income Taxes Payable NA 38 0 0 18
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 9,743 9,229 7,551 8,692
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 452 406 363 411
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 3,973 3,832 3,771 3,021
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 1,001 1,065 1,079
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 16,885 16,050 14,327 14,789
Shareholders Equity 3/31/2021 12/31/2020 9/30/2020 6/30/2020 3/31/2020
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 3,271 3,186 3,164 3,159
Capital Surplus NA 128 130 125 117
Retained Earnings NA 8,704 8,088 7,804 8,571
Other Equity NA -383 -994 -1,140 -1,305
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 11,720 10,410 9,953 10,542
Total Liabilities & Shareholder's Equity NA 28,605 26,460 24,280 25,331
Total Common Equity 0 11,720 10,410 9,953 10,542
Shares Outstanding 301.80 300.50 298.90 298.60 298.50
Book Value Per Share 0.00 39.00 34.83 33.33 35.32