|Bid||64.29 x 0|
|Ask||64.32 x 0|
|Day's Range||64.13 - 65.27|
|52 Week Range||57.34 - 81.75|
|Beta (3Y Monthly)||1.67|
|PE Ratio (TTM)||7.94|
|Earnings Date||Aug 6, 2019 - Aug 12, 2019|
|Forward Dividend & Yield||1.95 (3.03%)|
|1y Target Est||66.02|
Concerns over rising interest rates and expected further rate increases have hit several stocks hard during the fourth quarter. Trends reversed 180 degrees during the first quarter amid Powell's pivot and optimistic expectations towards a trade deal with China. Hedge funds and institutional investors tracked by Insider Monkey usually invest a disproportionate amount of their […]
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 $1.05 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 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.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
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AURORA, Ontario, May 09, 2019 -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2019 annual meeting of shareholders. A total of.
Canadian auto parts maker Magna International Inc on Thursday lowered its 2019 profit forecast, as it expects higher costs on certain programs and lower earnings from a transmission joint venture in China. Magna said it expects net income attributable to the company to be between $1.9 billion and $2.1 billion this year, lower than an earlier estimate of $2.1 billion to $2.3 billion. The on-going tariff war between the United States and China has hurt Magna, one of North America's biggest auto parts maker, as the sector grapples with higher metal prices after the Trump administration imposed tariffs on steel and aluminum imports last year, triggering retaliation.
The Aurora, Ontario-based company said it had profit of $3.39 per share. Earnings, adjusted for non-recurring gains, were $1.63 per share. The results did not meet Wall Street expectations. The average ...
Canadian auto parts maker Magna International Inc said its first-quarter profit surged nearly 68 percent, boosted by sale of some businesses and gains from investments. Net income attributable to Magna ...
Sales of $10.6 billion decreased 2%, compared to global light vehicle production down 7%Excluding foreign currency translation and acquisitions net of divestitures, sales in.
Joint venture in Changsha produces lightweight, composite liftgates for fast-growing marketMagna wholly-owned Shanghai plant manufactures active aerodynamic grille.
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AURORA, Ontario, April 24, 2019 -- Magna International Inc. (TSX:MG) (NYSE:MGA) FIRST QUARTER 2019 RESULTS CONFERENCE CALL THURSDAY – MAY 9, 2019 8:30 AM ET DIAL IN.
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.
Let's talk about the popular Magna International Inc. (TSE:MG). The company's shares saw a decent share price growth in the teens level on the TSX over the last few months...
The market has been volatile in the fourth quarter as the Federal Reserve continued its rate hikes to normalize the interest rates. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF (SPY) by nearly 7 percentage points. SEC filings and hedge […]
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.