Magna International Inc. (MGA)
(Delayed Data from NYSE)
$96.12 USD
+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 |
|---|---|---|
| 1 | Strong Buy | 25.41% |
| 2 | Buy | 19.02% |
| 3 | Hold | 10.72% |
| 4 | Sell | 6.46% |
| 5 | Strong Sell | 3.06% |
| S&P | 500 | 11.04% |
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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.
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B Value A Growth C 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%.
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Company Summary
Magna International Inc., based in Aurora, Canada, is a manufacturer and supplier of complete automotive components. The company designs, develops and manufactures automotive systems, assemblies, modules and components, apart from engineering and assembling complete vehicles, primarily for sale to original equipment manufacturers (OEMs) of cars and light trucks.
The four reportable segments of Magna are —
Body Exteriors & Structures (accounting for 40.8% of total revenues in 2020) – The segment engages in designing and engineering of body structures, chassis structures, exterior systems & Modules, trim & automotive jewelry, active aerodynamics, ...
Company Summary
Magna International Inc., based in Aurora, Canada, is a manufacturer and supplier of complete automotive components. The company designs, develops and manufactures automotive systems, assemblies, modules and components, apart from engineering and assembling complete vehicles, primarily for sale to original equipment manufacturers (OEMs) of cars and light trucks.
The four reportable segments of Magna are —
Body Exteriors & Structures (accounting for 40.8% of total revenues in 2020) – The segment engages in designing and engineering of body structures, chassis structures, exterior systems & Modules, trim & automotive jewelry, active aerodynamics, and fuel systems.
Power & Vision (29.4%) – The unit works on improving the mode vehicles move and interact. It works on powertrain electrification, transmissions, powertrain subsystems & components, ADAS & automated driving, control modules, mechatronics, mirrors, and lighting.
Seating Systems (13.4%) – This business line innovates comfortable and safe vehicle interiors with flexible configurations. It works on seat complete, structural products, and foam & trim.
Complete Vehicles (16.4%) – Apart from providing complete vehicle manufacturing, the unit offers modular solutions for vehicle parts and systems. It offers complete vehicle engineering and manufacturing.
The Canadian vehicle component provider’s operations are dependent on growth of auto manufacturing and sales across all the key markets, consisting of North America, South America, Europe, Asia and Africa. In coming years, it expects China, South America, Eastern Europe and India to majorly drive revenue figures.
Magna has 346 manufacturing operations, 165,000 employees, and 94 product development, engineering and sales centers across 27 countries. General Motors, Ford, Fiat Chrysler N.V., BMW AG, Daimler AG and Volkswagen AG are its customers.
General Information
Magna International Inc.
337 MAGNA DRIVE
AURORA, A6 L4G 7K1
Phone: 905-726-2462
Fax: 905-726-7164
Web: http://www.magna.com
Email: magna.ir@magna.com
| Industry | Automotive - Original Equipment |
| Sector | Auto-Tires-Trucks |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2021 |
| Next EPS Date | 5/6/2021 |
EPS Information
| Current Quarter EPS Consensus Estimate | 1.63 |
| Current Year EPS Consensus Estimate | 7.44 |
| Estimated Long-Term EPS Growth Rate | 7.00 |
| Next EPS Report Date | 5/6/2021 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 92.31 |
| 52 Week High | 97.18 |
| 52 Week Low | 34.36 |
| Beta | 1.60 |
| 20 Day Moving Average | 1,361,927.88 |
| Target Price Consensus | 82.93 |
| 4 Week | 5.80 |
| 12 Week | 25.10 |
| YTD | 30.38 |
| 4 Week | 0.06 |
| 12 Week | 16.47 |
| YTD | 18.43 |
| Shares Outstanding (millions) | 301.88 |
| Market Capitalization (millions) | 27,866.32 |
| Short Ratio | 1.00 |
| Last Split Date | 3/26/2015 |
| Dividend Yield | 1.73% |
| Annual Dividend | $1.60 |
| Payout Ratio | 0.41 |
| Change in Payout Ratio | 0.13 |
| Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
| P/E (F1) | 12.41 |
| Trailing 12 Months | 23.49 |
| PEG Ratio | 1.76 |
| vs. Previous Year | 100.71% |
| vs. Previous Quarter | 45.13% |
| vs. Previous Year | 12.49% |
| vs. Previous Quarter | 15.76% |
| Price/Book | 2.37 |
| Price/Cash Flow | 10.03 |
| Price / Sales | 0.85 |
| 3/31/21 | NA |
| 12/31/20 | 11.13 |
| 9/30/20 | 7.31 |
| 3/31/21 | NA |
| 12/31/20 | 4.53 |
| 9/30/20 | 3.02 |
| 3/31/21 | NA |
| 12/31/20 | 1.37 |
| 9/30/20 | 1.29 |
| 3/31/21 | NA |
| 12/31/20 | 1.02 |
| 9/30/20 | 0.91 |
| 3/31/21 | NA |
| 12/31/20 | 3.63 |
| 9/30/20 | 2.44 |
| 3/31/21 | NA |
| 12/31/20 | 2.32 |
| 9/30/20 | 1.46 |
| 3/31/21 | NA |
| 12/31/20 | 3.08 |
| 9/30/20 | 1.94 |
| 3/31/21 | NA |
| 12/31/20 | 39.00 |
| 9/30/20 | 34.82 |
| 3/31/21 | NA |
| 12/31/20 | 8.07 |
| 9/30/20 | 7.96 |
| 3/31/21 | NA |
| 12/31/20 | 0.34 |
| 9/30/20 | 0.37 |
| 3/31/21 | NA |
| 12/31/20 | 25.32 |
| 9/30/20 | 26.91 |