|Bid||54.82 x 800|
|Ask||54.75 x 800|
|Day's Range||54.07 - 54.99|
|52 Week Range||42.51 - 57.09|
|Beta (5Y Monthly)||1.50|
|PE Ratio (TTM)||9.93|
|Forward Dividend & Yield||1.46 (2.70%)|
|Ex-Dividend Date||Nov 19, 2019|
|1y Target Est||61.25|
Magna blamed the stronger U.S. dollar, the sale of its fluid pressure and controls business, and estimated lower light-vehicle production in Europe for its lower sales outlook. The end of the partnership with Lyft to develop self-driving technology was driven by Magna's belief that growth in the near and medium term - out to 2025 - is more in the driver-assisted market, called the L1, L2 and L3 market, said Swamy Kotagiri, who was promoted to president on Thursday. While Magna will cease working with Lyft on developing self-driving technology, it will still collaborate with the company on various software and hardware programs, he said.
Sales growth and increased EBIT Margin1 anticipated over outlook periodForecast free cash flow2 of approximately $5.5 billion in 2020-2022 periodHigher EBIT Margin expected in.
AURORA, Ontario, Jan. 07, 2020 -- Magna International Inc. (TSX:MG) (NYSE:MGA) 2020 OUTLOOK CONFERENCE CALLTHURSDAY – JANUARY 16, 20208:00 AM ET DIAL IN NUMBERS North.
Magna (MGA) joins forces with Ferarri, to develop and supply a dual-clutch 8-speed transmission (DCT) for the Ferrari SF90 Stradale, which is expected to help cut CO2 emissions.
Transmission developed in cooperation with FerrariReduced weight and CO2 emissionsHigher torque delivers superior performance SAILAUF, Germany, Dec. 11, 2019 -- In.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
North American finalist Zehao Zhang from ArtCenter College of Design captures top prizeFinalists from China and Europe also recognized at LA Auto ShowMore than 100 entries offer.
Acquisition to strengthen engineering and electronics competenciesWill increase Magna’s forward lighting engineering capability in EuropeA complement to the 2018 acquisition of.
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange ("TSX") had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the "Notice"). Pursuant to the Notice, Magna may purchase up to 30,283,500 Magna Common Shares (the "Bid"), representing approximately 10% of its public float. As at November 1, 2019, Magna had 305,831,639 issued and outstanding Common Shares, including a public float of 302,835,169 Common Shares.
Magna (MGA) delivered earnings and revenue surprises of 2.17% and 0.15%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?