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Magna International (MGA)

(Delayed Data from NYSE)

$49.12 USD

49.12
1,139,240

+0.42 (0.86%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $49.11 -0.01 (-0.02%) 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.

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

A Value A Growth B 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 38% (156 out of 252)

Industry: Automotive - Original Equipment

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Zacks News

Here's How CarParts.com (PRTS) is Placed Ahead of Q4 Earnings

by Zacks Equity Research

The Zacks Consensus Estimate for CarParts.com (PRTS) Q4 loss per share and revenues is pegged at 13 cents a share and $152.4 million, respectively.

Magna's (MGA) Q4 Earnings Miss, Sales Beat, Dividend Up

by Zacks Equity Research

Magna (MGA) lags Q4 earnings mark on lower-than-expected income in Body Exteriors & Structures, Power & Vision and Seating Systems segments. It expects adjusted EBIT margin to improve 230 bps by 2025.

New Strong Sell Stocks for February 15th

by Zacks Equity Research

BGS, MGA and NWL have been added to the Zacks Rank #5 (Strong Sell) List on February 15, 2023.

General Motors (GM), Magna Deepen Ties for Battery Enclosures

by Zacks Equity Research

General Motors (GM) expands its partnership with Magna (MGA) to source battery enclosures for the new Chevy Silverado EV in Michigan.

Company News for Feb 13, 2023

by Zacks Equity Research

Companies in The News Are: NWL,MGA,ESNT,SPB

Magna (MGA) Q4 Earnings Miss Estimates

by Zacks Equity Research

Magna (MGA) delivered earnings and revenue surprises of -26.61% and 1%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Allison Transmission (ALSN) Earnings Expected to Grow: Should You Buy?

by Zacks Equity Research

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.

Earnings Preview: Magna (MGA) Q4 Earnings Expected to Decline

by Zacks Equity Research

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.

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Auto Roundup: MGA & STLA Buyout Deals, KMX's Quarterly Results & More

by Rimmi Singhi

Magna (MGA) inks a deal to buy Veoneer Active Safety business. Stellantis (STLA) closes aiMotive takeover and plans to acquire Symbio. CarMax (KMX) lags fiscal Q3 earnings estimates.

Magna (MGA) to Rev Up ADAS Business With $1.5B Buyout Deal

by Zacks Equity Research

The deal builds on Magna's (MGA) ADAS business strength and seeks to enhance its portfolio with the addition of complementary products and significant engineering and software resources.

Magna (MGA) Misses on Q3 Earnings & Sales, Trims '22 View

by Zacks Equity Research

Magna (MGA) now expects full-year 2022 revenues in the band of $37.4-$38.4 billion, down from the previously guided range of $37.6-$39.2 billion.

Magna (MGA) Q3 Earnings and Revenues Lag Estimates

by Zacks Equity Research

Magna (MGA) delivered earnings and revenue surprises of -5.31% and 0.75%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

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

by Zacks Equity Research

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.

Volksagen (VWAGY) to Bolster ID.Buzz Capacity on Demand Surge

by Zacks Equity Research

Volkswagen's (VWAGY) newly launched all-electric ID.Buzz van stirs demand wave with preorders catapulting to the near total capacity. Volkswagen is set to ramp up production by '22-end.

Rimmi Singhi headshot

Auto Roundup: General Motors (GM) & Ford (F) Make a Splash With Key Updates

by Rimmi Singhi

General Motors (GM) and Ford (F) offer important updates on their electrification strides and self-driving technologies to keep up with the changing dynamics of the auto industry.

Magna (MGA) Puts Efforts in Micromobility, Commercial Vehicles

by Zacks Equity Research

Magna (MGA) enters the micromobility domain with a $77-million investment in India-based Yulu, expediting the e-mobility transition. It will exhibit its electrification solutions at the IAA event.

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Auto Roundup: CPRT's Quarterly Results, GPI's Portfolio Optimization & More

by Rimmi Singhi

Copart (CPRT) delivers a strong show in fourth-quarter fiscal 2022. Group 1 (GPI) strengthens its UK portfolio with the buyout of Essex-based BMW/MINI dealership.

Magna (MGA), Cartken Tie Up for Fully Autonomous Delivery Robots

by Zacks Equity Research

Magna (MGA) collaborates with Cartken to manufacture autonomous delivery robot fleet for last-mile delivery solutions. Plans are underway to include more models for different applications.

BorgWarner (BWA) Beats on Q2 Earnings, Buys Rhombus Energy

by Zacks Equity Research

For full-year 2022, BorgWarner (BWA) anticipates net sales within $15.5-$16 billion, indicating an increase from $14.8 billion generated in 2021.

Here's How BorgWarner (BWA) is Placed Ahead of Q2 Earnings

by Zacks Equity Research

The Zacks Consensus Estimate for BorgWarner's (BWA) Q2 earnings and revenues is pegged at 86 cents per share and $3.69 billion, respectively.

Magna's (MGA) Q2 Earnings Miss Estimates, Revenues Beat

by Zacks Equity Research

Magna's (MGA) bottom line significantly declines year over year. Adjusted EBIT sees the negative impact of chip woes and high costs. A quarterly dividend of 45 cents is declared.

Magna (MGA) Q2 Earnings Lag Estimates

by Zacks Equity Research

Magna (MGA) delivered earnings and revenue surprises of -10.75% and 8.17%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

High Operational Costs to Hurt QuantumScape (QS) in Q2 Earnings

by Zacks Equity Research

The Zacks Consensus Estimate for QuantumScape's (QS) Q2 bottom line is pegged at a loss of 19 cents per share. The Zacks model doesn't conclusively predict an earnings beat for this EV battery maker.

Earnings Preview: Gentherm (THRM) Q2 Earnings Expected to Decline

by Zacks Equity Research

Gentherm (THRM) 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.

LKQ Q2 Earnings Coming Up: What Should Investors Expect?

by Zacks Equity Research

The Zacks Consensus Estimate for LKQ's Q2 earnings and revenues is pegged at $1.02 per share and $3.39 billion, respectively.