54.50 +0.21 (0.39%)
After hours: 5:49PM EDT
|Bid||52.00 x 800|
|Ask||58.02 x 1200|
|Day's Range||54.18 - 55.58|
|52 Week Range||45.90 - 67.47|
|PE Ratio (TTM)||8.30|
|Forward Dividend & Yield||1.32 (2.40%)|
|1y Target Est||70.57|
Jim Cramer sits down with Magna International CEO Don Walker, who explains the effects of the Trump administration's tariffs on his manufacturing company.
While Advance Auto Parts (AAP) reports earnings beat, Magna (MGA) registers an earnings miss. Westport Fuel (WPRT) reports Q2 loss.
Last night our own Jim Cramer sat down with Don Walker, CEO of Magna International Inc., during his popular "Mad Money" program. Walker said that despite missing consensus, Magna saw record sales and earnings in the quarter. In this daily bar chart of MGA, below, we can see an uptrend from last August.
Jim Cramer said on CNBC's "Mad Money Lightning Round" that he spoke to Magna International Inc. (USA) (NYSE: MGA ) and it didn't leave him warm and fuzzy about the group. He wants to be careful ...
In a good stock market, there are multiple ways to win, Jim Cramer told his Mad Money viewers Thursday. One of those ways, Cramer said, is to circle back to the stocks that have been left for dead. were on the move today, as the company is leveraging its existing intellectual property to bring us movies like the latest installment in the Mission Impossible franchise, "Mission: Impossible Fallout," and soon, a sequel to "Top Gun".
CNBC's Jim Cramer breaks down why hedge funds are feeling the pain when it comes to tariffs. The "Mad Money" host also sits down with the CEOs of Magna International and Cyberark Software. In the lightning round, Cramer backs the stock of AbbVie despite the bear thesis.
The Trump administration's tariffs delivered a $60 million hit to auto parts supplier Magna International, CEO Don Walker says. In June, the Trump administration placed tariffs on steel and aluminum imports from Canada, Mexico and the European Union.
Magna (MGA) lowers 2018 outlook due to strengthening U.S. dollar, developments in transmission joint venture operations and effects of tariff.
After Magna International Inc’s (TSE:MG) earnings announcement in March 2018, analysts seem cautiously bearish, with profits predicted to rise by 8.40% next year compared with the higher past 5-year averageRead More...
Canadian auto parts maker Magna International Inc lowered its full-year production forecast for North America, hurt in part by tariffs imposed by the Trump administration. The company, which reported second-quarter profit below analysts' estimates on tepid demand in North America, its biggest market, said it expects light vehicle production in the region to be 17.2 million, down from its previous forecast of 17.3 million. The Trump administration has come under heavy criticism from automakers, foreign governments and others as it considers tariffs of up to 25 percent on U.S. imports of autos and car parts.
Magna (MGA) delivered earnings and revenue surprises of -2.34% and -3.26%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
Canadian auto parts maker Magna International Inc reported a 14.2 percent rise in quarterly profit on Wednesday, driven by strong sales across Europe. Net income attributable to Magna rose to $626 million ...
The Aurora, Ontario-based company said it had profit of $1.77 per share. Earnings, adjusted for non-recurring gains, came to $1.67 per share. The results missed Wall Street expectations. The average estimate ...
AURORA, Ontario, Aug. 08, 2018-- Magna International Inc. today reported financial results for the second quarter ended June 30, 2018. Please click HERE for full second quarter Financial Statements and ...
On Wednesday, Magna International (NYSE: MGA ) will release its latest earnings report. Check out Benzinga's report to understand the earnings report's implications. Earnings and Revenue Based on Magna ...
In China, where the future of the car is looking more and more electric, newcomers to the auto industry are looking for partners to help them build their vehicles. Enter Canadian auto supplier Magna International (MG.TO) which aims to spearhead a shift to contract vehicle manufacturing through its new partnership with state-owned Chinese carmaker BAIC Group [BEJINS.UL]. According to five people familiar with the matter, their joint venture is likely to build vehicles for ride-hailing giant Didi Chuxing and possibly Chinese electric car startup Singulato Motors, in addition to BAIC's electric unit BJEV.
In China, where the future of the car is looking more and more electric, newcomers to the auto industry are looking for partners to help them build their vehicles. Enter Canadian auto supplier Magna International which aims to spearhead a shift to contract vehicle manufacturing through its new partnership with state-owned Chinese carmaker BAIC Group. According to five people familiar with the matter, their joint venture is likely to build vehicles for ride-hailing giant Didi Chuxing and possibly Chinese electric car startup Singulato Motors, in addition to BAIC's electric unit BJEV.
AURORA, Ontario, July 19, 2018 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA) SECOND QUARTER 2018 RESULTS CONFERENCE CALL WEDNESDAY - AUGUST ...
If the price-to-sales ratio is 1, it means that investors are paying $1 for every $1 of revenues generated by the company. Thus, a stock with a lower price-to-sales ratio is a more suitable investment versus a stock with a high price-to-sales ratio. While a loss-making company with a negative price-to-earnings ratio falls out of investor favor, price-to-sales could indicate the hidden strength of its business.
In the coming years, OEM industry is likely to witness greater demand from the emerging economies, which are likely to drive its revenues. This probable change in customers’ need will require OEMs to adjust themselves with the shifting demand and supply pattern per the production in individual regions.
AURORA, Ontario, July 18, 2018-- Magna International Inc.. INVESTOR CONTACT Louis Tonelli, Vice-President, Investor Relations email@example.com, 905-726-7035. TELECONFERENCE CONTACT Nancy Hansford, ...