Magna International Inc (MGA)

MGA (NYSE:Wholesale) EQUITY
$53.01
pos +0.00
+0.00%
Today's Range: 52.79 - 53.23 | MGA Avg Daily Volume: 1,475,700
Last Update: 09/22/17 - 4:02 PM EDT
Volume: 0
YTD Performance: 21.59%
Open: $0.00
Previous Close: $52.77
52 Week Range: $36.77 - $53.23
Oustanding Shares: 369,897,846
Market Cap: 19,519,509,333
6-Month Chart
TheStreet Ratings Grade for MGA
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 6 6 6 5
Moderate Buy 1 2 2 3
Hold 3 2 1 1
Moderate Sell 1 1 1 1
Strong Sell 0 0 0 0
Mean Rec. 1.91 1.82 1.70 1.80
Latest Dividend: 0.28
Latest Dividend Yield: 2.08%
Dividend Ex-Date: 08/30/17
Price Earnings Ratio: 9.59
Price Earnings Comparisons:
MGA Sector Avg. S&P 500
9.59 0.00 36.70
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
18.58% 26.12% 1.78%
GROWTH 12 Mo 3 Yr CAGR
Revenue -12.30 0.00 0.01
Net Income 6.80 0.40 0.11
EPS 12.30 0.60 0.17
Earnings for MGA:
EBITDA 3.24B
Revenue 32.13B
Average Earnings Estimates
Qtr (09/17) Qtr (12/17) FY (12/17) FY (12/18)
Average Estimate $1.35 $1.55 $5.92 $6.51
Number of Analysts 7 6 8 8
High Estimate $1.40 $1.64 $6.05 $7.23
Low Estimate $1.26 $1.47 $5.75 $5.85
Prior Year $1.29 $1.24 $5.16 $5.92
Growth Rate (Year over Year) 4.32% 24.60% 14.66% 10.04%
Chart Benchmark
Average Frequency Timeframe
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Symbol Comparison Bollinger Bands
The two hurricanes undermined the computers -- and here are a bunch of stocks that are benefiting.
There's one going on now.

More Evidence of Peak Autos Real Money Pro($)

Take today's news about Norfolk Southern (NSC) . The quarter really was terrific, with solid cargo growth all the way down the line. But when the Q&A came on the all-important conference call, it was all rather long-knived. Instead of talking about the excellent intermodal growth and the strength of coal and so many other cargos Norfolk Southern shipped, the focus was all on auto and how bad auto will be. When we talked about auto last night with Magna (MGA)  , the biggest auto parts and assembling company in the world, we had to deal with GM (GM)  CEO Mary Barra's comments about a pretty drastic decline in auto shipments. Ford's F not giving you all that much hope today for a turnaround, either. I continue to believe that, despite some optimism about the charts of auto company stocks, that the car manufacturers are value traps.
Rail and airline stocks are seeing a shocking obliteration.
Down in the comments section, there was some chatter about autonomous driving. From my perspective, there are a number of tailwinds behind this, and the implications that will cut across industries are likely to be staggering. 
Shares are also reasonably priced at 14.7x fiscal 2017 EPS estimates.
There can be good small-cap trading, but stay selective.
Bearish
Jun 28, 2016 | 7:47 AM EDT
MGA was downgraded from Outperform to Market Perform, BMO Capital said. $36 price target. U.S. vehicle demand will likely remain range-...
U.S. futures rise ahead of the release of a couple of key economic indicators. 
The U.S. added a solid 215,000 jobs in July, which could help push a Fed rate hike in September.

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.