|Bid||47.15 x 900|
|Ask||0.00 x 800|
|Day's Range||47.09 - 49.99|
|52 Week Range||42.51 - 57.09|
|Beta (5Y Monthly)||1.42|
|PE Ratio (TTM)||8.43|
|Forward Dividend & Yield||1.60 (3.10%)|
|Ex-Dividend Date||Mar 04, 2020|
|1y Target Est||61.88|
Magna International (NYSE: MGA ) reported a better-than-expected fourth-quarter profit Friday despite headwinds from the General Motors Company (NYSE: GM ) strike, but the company also warned of potential ...
Fourth Quarter 2019 Highlights Cash from operations increased to $1.70 billion, despite lower sales and earningsReturned $365 million to shareholders through share repurchases.
NEW YORK, NY / ACCESSWIRE / February 21, 2020 / Magna International, Inc. (NASAQ:MGA) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on February 21, 2020 ...
Solid contribution from Sonic Automotive's (SAH) used vehicle unit, particularly the EchoPark business, is likely to drive fourth-quarter 2019 results.
AURORA, Ontario, Feb. 05, 2020 -- Magna International Inc. (TSX:MG) (NYSE:MGA) FOURTH QUARTER & YEAR END 2019 RESULTS CONFERENCE CALLFRIDAY – FEBRUARY 21, 20207:00 AM.
Today we'll look at Magna International Inc. (TSE:MG) and reflect on its potential as an investment. To be precise...
It has 55 manufacturing and assembly units in China, where it employs around 11% of its total workforce. Earlier this week, China's cabinet had announced it would extend the Lunar New Year holidays to Feb. 2 to strengthen the prevention and control of the new coronavirus. General Motors Co , the No.1 U.S. automaker, too said it has placed a temporary restriction on travel to Wuhan, where the company has a manufacturing base as part of a joint venture with China's SAIC Motor .
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.
While Ford's (F) Q4 results are likely to be hit by a pre-tax charge of $2.2 billion, Fiat Chrysler (FCAU) teams up with Foxconn to develop EVs in China.
While Magna International (MGA) forecasts revenue and profit growth through 2022, it anticipates sales to decline in 2020 amid macro-economic headwinds.
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.