|Bid||0.00 x 800|
|Ask||0.00 x 1200|
|Day's Range||55.71 - 56.36|
|52 Week Range||42.88 - 67.47|
|Beta (3Y Monthly)||0.98|
|PE Ratio (TTM)||8.51|
|Forward Dividend & Yield||1.46 (3.00%)|
|1y Target Est||61.63|
As the auto industry continues to develop in Morocco, Magna also continues to expand its footprint in the country. The company recently broke ground on construction of a new facility in Kenitra, Morocco, to supply global automakers with exterior and interior mirror systems.
Magna (MGA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Price-to-sales has emerged as a convenient tool to determine the value of stocks that are incurring losses or are in an early cycle of development, generating meager or no profits.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
AURORA, Ontario, March 29, 2019 -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2018 Annual Report, including Management’s Discussion and Analysis and.
AURORA, Ontario, March 29, 2019 -- Magna announced today that it has completed the sale of its Fluid Pressure & Controls (FP&C) business to Hanon Systems, a South.
Program launches and vehicle manufacturing contracts drive Magna's (MGA) sales. However, foreign currency translation and high costs related to product launch are concerns.
Canoo is positioning itself as a "boutique California EV brand" and said it will start sales in the United States in 2021, eventually expanding to China. The company, one of dozens of EV startups in the United States and China, has not disclosed its investors but has raised about $1 billion, according to a source familiar with the process. Canoo said it plans to market a four-model range that will include personal commuter and "lifestyle" vehicles, as well as commercial vehicles for ride and delivery services.
Magna International Inc NYSE:MGAView full report here! Summary * Perception of the company's creditworthiness is neutral * 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 | NeutralETF activity is neutral. ETFs that hold MGA had net inflows of $1.12 billion over the last one-month. 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. 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 firstname.lastname@example.org.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.
The Zacks Analyst Blog Highlights: Sonic Automotive, Copart, AutoNation and Magna International
Magna's (MGA) revenues beat estimates while that of Sonic Automotive (SAH), Copart (CPRT) and AutoNation (AN) miss.
NEW YORK, Feb. 25, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Canadian auto and truck parts maker Magna International (NYSE: MGA ) reported a better than expected profit on Friday, February 22, but its CEO noted that the Trump administration's tariffs were hurting ...
Canada's Magna International Inc said on Friday profits beat market forecasts as a big spike in vehicle assembly work more than offset declining global auto production in the fourth quarter. Shares of Magna popped 3.8 percent higher after the world's third-biggest auto supplier said profits fell less than analysts had feared in the latest quarter, partly reflecting a lower share count from its buyback program.
Magna (MGA) delivered earnings and revenue surprises of 1.87% and 0.44%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?