|Bid||0.00 x 800|
|Ask||0.00 x 1800|
|Day's Range||48.98 - 50.53|
|52 Week Range||45.73 - 67.47|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||7.66|
|Forward Dividend & Yield||1.32 (2.67%)|
|1y Target Est||64.24|
In third-quarter 2018, earnings for Magna (MGA) and Advance Auto Parts (AAP) surpass the Zacks Consensus Estimate and the figures are higher than the year-ago quarter.
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 33,200,000 Magna Common Shares (the "Bid"), representing approximately 10% of its public float. As at November 2, 2018, Magna had 334,257,524 issued and outstanding Common Shares, including a public float of 332,209,834 Common Shares.
For 2018, Magna (MGA) expects light-vehicle production in North America of around 17 million units, marking a decline from the previous anticipation of 17.2 million.
Magna (MGA) delivered earnings and revenue surprises of 4.70% and -2.18%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
Canadian auto parts maker Magna International Inc topped estimates for quarterly profit on Thursday while trimming its 2018 total sales forecast on the back of a dip in its units that produce car frames and complete vehicles. The Aurora, Ontario-based company now expects light vehicle production - its main measure for output of a diverse range of parts and assembly work - to reach 17 million units in North America, down from a previous forecast of 17.2 million. North America's biggest auto parts maker, Magna is in the crosshairs of ongoing trade tensions, grappling with higher metal prices after the Trump administration levied tariffs on steel and aluminum imports, triggering retaliation.
On a per-share basis, the Aurora, Ontario-based company said it had profit of $1.62. Earnings, adjusted for non-recurring gains, were $1.56 per share. The results beat Wall Street expectations. The average ...
Canadian auto-parts maker Magna International Inc on Thursday reported an 8.2 percent rise in quarterly profit, helped by higher sales in its complete vehicles segment. Net income attributable to Magna ...
Record third quarter sales, up 9% year over year to $9.6 billionRecord third quarter diluted earnings per share of $1.62, increased 17%Record third quarter Adjusted diluted.
NEW YORK, Oct. 26, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Drivers and passengers will enjoy a more intuitive experience thanks to technology which relies on motion and the sense of touch inside and outside of the car. To continue developing these advanced technologies for the automotive market, Magna has signed a deal to acquire Haptronik GmbH, further investing in advanced motion-control software and adding to Magna’s leadership in mechatronics products.
New state-of-the-art seat manufacturing facility in Chomutov, Czech RepublicMultiple seating programs for the BMW GroupManufacturing plant creates in 300 new jobs SAILAUF,.
AURORA, Ontario, Oct. 10, 2018 -- Magna International Inc. (TSX:MG) (NYSE:MGA) THIRD QUARTER 2018 RESULTS CONFERENCE CALL THURSDAY – NOVEMBER 8th, 2018 8:00.
Morocco's proximity to Europe and the country's vehicle manufacturing goals encourage Magna (MGA) to set up an engineering center by forming a JV with Altran.
Easy-to-use controls, attention to detail and flexible functionality: all things that drive Magna’s seating business, now being recognized by new car and truck owners in the J.D. Power 2018 Seat Quality and Satisfaction StudySM. Magna Seating received an award in the midsize/large SUV category for having the highest ranking with the seats it supplies for the Ford Edge. Magna manufactures the complete Ford Edge seat system at its Mississauga Seating Systems plant in Ontario.
Joint venture to support Morocco’s growing export productionApproximately 500 engineers to initially staff the joint ventureInitial engineering activities with European.
Saved. The bulls got saved again. So often, ever since the market's bottom a little more than a decade ago, good things just come out of nowhere and they change the market or a stock's direction when you least expect it.
NEW YORK, Sept. 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
With the divestiture of Fluid Pressure & Controls business, Magna (MGA) focuses on becoming full-system supplier of transmission and other driveline systems.
Hanon Systems, a South Korean auto parts maker, said on Thursday that it plans to buy Magna International's Fluid Pressure & Controls Group, which includes electronic pumps and cooling fans, for about ...
Signs agreement with Hanon Systems Sale price is approximately $1.23 billion Disposition reflects company’ s focus on being full-system supplier of transmission and other driveline-related systems. AURORA, ...
When the concept first materialized, autonomous vehicles were strictly limited to science fiction. Now, autonomous vehicles may risk going full circle. A recent article from The Wall Street Journal blasted the driverless sector as mere marketing hype.