|Bid||0.00 x 1400|
|Ask||56.20 x 800|
|Day's Range||51.60 - 52.44|
|52 Week Range||42.88 - 67.47|
|Beta (3Y Monthly)||1.03|
|PE Ratio (TTM)||7.66|
|Forward Dividend & Yield||1.32 (2.57%)|
|1y Target Est||60.61|
Magna International Inc NYSE:MGAView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for MGA with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting MGA. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding MGA totaled $3.45 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator with a strengthening bias over the past 1-month. MGA credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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.
AURORA, Ontario, Jan. 30, 2019 -- Magna International Inc. (TSX:MG) (NYSE:MGA) FOURTH QUARTER & YEAR END 2018RESULTS CONFERENCE CALLFRIDAY – FEBRUARY 22nd, 20197:00 AM.
Zacks.com featured expert Kevin Matras highlights: Mallinckrodt Public, Dell Technologies, American Axle & Manufacturing, Magna International and General Motors
Slowing car sales and uncertainty about global trade generally make Bank of America Merrill Lynch cautious on North American auto parts suppliers. An expected drop in car sales volume will affect supplier ...
Store openings in large and less-populated markets to aid O'Reilly (ORLY). Favorable long-term demand drivers in the economy is another positive for the company.
Office Depot, Callaway Golf, Ford Motor, General Motors and Magna International highlighted as Zacks Bull and Bear of the Day
Ford's (F) F-Series pickups sustain its sales record in 2018. However, mounting costs are likely to impact the company's fourth-quarter earnings.
The lack of affordable and low-cost truck models in the portfolio impels Fiat Chrysler (FCAU) to consider alliances to develop mid-sized pickup trucks for markets outside the United States.
Global automobile and auto parts makers which want to capitalize on electric and autonomous vehicles need to cut back investments and forge more partnerships instead, the chief executive of global parts supplier Magna International said Tuesday. Over the next decade, vehicle and parts suppliers plan to spend $300 billion to bring electric cars to the mass market, Magna CEO Don Walker said, a huge jump from last year's industry estimate of $90 billion for the period.
Magna adds new customer and additional sports car to its complete vehicle assembly line-upProduction to begin in early 2019Further demonstrates the company’s unique position in.
Canadian auto parts maker Magna International Inc said on Tuesday its 2019 revenue will be impacted by the sale of its fluid pressure and controls business and stronger dollar. The company expects total revenue of $40.2 billion to $42.4 billion and net income of $2.1 billion to $2.3 billion in 2019. Magna agreed to sell the fluid pressure and controls business, which includes electronic pumps and cooling fans, to South Korea-based Hanon Systems for $1.23 billion in September last year.
Sales growth and increased EBIT Margin1 over outlook periodHigher free cash flow2 in 2019-2021 period, compared to 2018-2020 AURORA, Ontario, Jan. 15, 2019 -- Magna.
Let's see if Magna International Inc. (MGA) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
Acquisitions and launch of technically-enhanced products drive Magna (MGA). However, lowered light-vehicle production outlook and high costs are concerns.
NYSE: MGA) today announced that it has established a pre-defined automatic securities purchase plan (the “Plan”) with a designated broker to facilitate the purchase for cancellation of Common Shares under its current normal course issuer bid (the “Bid”). The Plan will be implemented effective January 2, 2019. Under the Plan, Magna has provided instructions and strict parameters regarding how its Common Shares may be purchased for cancellation during times when it would ordinarily not be permitted to purchase Common Shares due to regulatory restrictions or self-imposed black-out periods.
VIZA brings additional seating structures expertise and increases our vertical integration capabilities in seatingAcquisition supports growth opportunities, strengthens.