Stuttgart - Delayed Quote EUR

Magna International Inc (MGA.SG)

38.84

-0.17

(-0.44%)

As of 8:17:45 AM GMT+1. Market Open.

Magna upgraded by RBC on improving macro trends, EV recovery optimism

Investing.com -- Magna International Inc (TSX:MG) got an upgrade to "Outperform" from "Sector Perform" at RBC Capital Markets given an improved U.S. macroeconomic conditions, better dealer inventories, and a likely rebound in electric vehicle demand in 2025. RBC raised its price target for the Canadian auto parts manufacturer to $52 from $41.

Investing.com 2 days ago

MGA
Magna International Upgraded to Outperform at RBC

Magna International Inc. (MG.TO, MGA) was upgraded to Outperform from Sector Perform at RBC Capital

PREMIUM
MT Newswires 2 days ago

MGA
Magna International Inc. Announces Date for Q4 & Year End 2024 Results and 2025 Outlook Webcast

AURORA, Ontario, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA INTERNATIONAL INC. ANNOUNCES DATE FOR Q4 & YEAR END 2024 RESULTS and 2025 OUTLOOK WEBCAST FRIDAY, FEBRUARY 14, 2025 @ 8:00 AM ET LIVE AUDIO WEBCASTWebcast registration: https://events.q4inc.com/attendee/672335329 DIAL-IN DETAILSParticipant Toll-Free Dial-In:1-800-715-9871Participant Toll Dial-In:1-646-307-1963Conference ID:9829976Slide presentation will be available on our website Investors | Ma

GlobeNewswire 18 days ago

MGA
Jim Cramer on Magna International Inc. (MGA): ‘I’m Seeing Terrible Things Going On In The Auto Industry’

We recently compiled a list of the Jim Cramer Talked About These 8 Stocks. In this article, we are going to take a look at where Magna International Inc. (NYSE:MGA) stands against the other stocks Jim Cramer talked about. Jim Cramer, host of Mad Money, recently shared some investment wisdom drawn from his four decades of […]

Insider Monkey 30 days ago

MGA
With 76% ownership, Magna International Inc. (TSE:MG) boasts of strong institutional backing

Key Insights Institutions' substantial holdings in Magna International implies that they have significant influence...

Simply Wall St. last month

MGA
Jim Cramer on Magna International (MGA): ‘I’m Seeing Terrible Things’ in Auto Industry

We recently published a list of Jim Cramer’s Latest Portfolio Heading Into 2025: Top 10 Stocks. In this article, we are going to take a look at where Magna International Inc. (NYSE:MGA) stands against other stocks in Jim Cramer’s latest portfolio heading into 2025. Jim Cramer in a latest program reiterated his view that the […]

Insider Monkey last month

MGA
Magna price target lowered to $44 from $46 at Wells Fargo

Wells Fargo lowered the firm’s price target on Magna (MGA) to $44 from $46 and keeps an Equal Weight rating on the shares. The firm is also updating 2024-2028 estimates to reflect lower global LVP. Wells is now about 4% below consensus sales and about 6% below consensus on EBIT/DA. After a challenging 2024, 2025 looks much the same with four main challenges, the firm says. First, tariff challenges could impact U.S. suppliers who source from within North America. Second, Wells forecasts -2% LVP.

TipRanks last month

MGA
The past three years for Magna International (TSE:MG) investors has not been profitable

While not a mind-blowing move, it is good to see that the Magna International Inc. ( TSE:MG ) share price has gained...

Simply Wall St. last month

MGA
Magna International Inc. (MGA)-A Bull Case Theory

In this article, we’ll summarize a bullish thesis posted on VIC regarding Magna International Inc. (MGA) in late July when MGA stock was trading at $43. Since the publication of this thesis, MGA stock has seen a modest uptick, currently trading at $43.90. MGA stock’s forward GAAP PE ratio stands at 9.54, while it trades […]

Insider Monkey last month

MGA
Magna Accelerates Hybrid Innovation With First Dedicated Drive System Award

Dedicated hybrid drive system brings high performance and sustainability to leading Chinese OEMNew 800V solution ensures a smooth and comfortable experience in all driving conditionsScalable DHD Duo design integrates seamlessly across various vehicle models, enhancing energy efficiency and driving versatility AURORA, Ontario, Nov. 19, 2024 (GLOBE NEWSWIRE) -- As OEMs increasingly prioritize hybrid solutions globally within their broader electrification strategies, Magna has secured its first awa

GlobeNewswire 2 months ago

MGA
Are Investors Undervaluing Magna International Inc. (TSE:MG) By 49%?

Key Insights Magna International's estimated fair value is CA$121 based on 2 Stage Free Cash Flow to Equity Magna...

Simply Wall St. 2 months ago

MGA
Magna Shares Rise 12% Since Q3 Earnings Miss Expectations

MGA reports lower-than-expected Q3 results and expects 2024 revenues in the band of $42.2-$43.2 billion, down from $42.5-$44.1 billion guided earlier.

Zacks 2 months ago

MGA
Richard Pzena's Strategic Moves in Q3 2024: A Closer Look at Dollar General Corp's Significant ...

Insights into Pzena's Latest 13F Filings and Investment Adjustments

GuruFocus.com 2 months ago

DG

MGA
Magna International Launches Share Buyback Program

Magna International (TSE:MG) has released an update. Magna International has announced a new Normal Course Issuer Bid allowing the company to repurchase up to 10% of its public float, or 28.5 million shares, by November 2025. This move, approved by the Toronto Stock Exchange, aims to purchase shares for cancellation and support stock-based compensation programs, reflecting Magna’s strategy to leverage market conditions favorably. The plan includes a structured automatic share purchase plan to fa

TipRanks 2 months ago

MGA
Magna Up 2.7% In US Premarket As Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan

Magna Up 2.7% In US Premarket As Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan

PREMIUM
MT Newswires 2 months ago

MGA
Magna Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan

AURORA, Ontario, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG, NYSE: MGA) today announced the termination of its existing Normal Course Issuer Bid effective since February 15, 2024 (the “Prior NCIB”) and the Toronto Stock Exchange ("TSX") has accepted its Notice of Intention to establish a new Normal Course Issuer Bid (the "Notice"). Pursuant to the Notice, Magna may purchase up to 28,500,000 Magna Common Shares (the "New NCIB"), representing approximately 10% of its publi

GlobeNewswire 2 months ago

MGA
Magna International Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Magna International ( TSE:MG ) Third Quarter 2024 Results Key Financial Results Revenue: US$10.3b (down 3.8% from 3Q...

Simply Wall St. 2 months ago

MGA
Magna International Inc (MGA) Q3 2024 Earnings Call Highlights: Navigating Challenges with ...

Despite a dip in sales and EPS, Magna International Inc (MGA) showcases strong cash flow management and strategic plans for margin expansion.

GuruFocus.com 2 months ago

MGA
Magna Cuts Outlook Following Third-Quarter Miss, Plans to Resume Share Repurchases

Magna Cuts Outlook Following Third-Quarter Miss, Plans to Resume Share Repurchases

PREMIUM
MT Newswires 2 months ago

MGA
Inside Magna's 9% Stock Surge: The Bold Buyback Moves Reshaping Its Future

How Magna's strategic buyback and unexpected revenue boost could unlock shareholder value amidst industry headwinds

GuruFocus.com 2 months ago

MGA

Performance Overview

Return	MGA.SG	S&P/TSX Composite index
YTD	-2.73%	+3.44%
1-Year	-20.90%	+20.56%
3-Year	-40.16%	+23.66%

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Magna International Inc (MGA.SG)

Magna upgraded by RBC on improving macro trends, EV recovery optimism

Magna International Upgraded to Outperform at RBC

Magna International Inc. Announces Date for Q4 & Year End 2024 Results and 2025 Outlook Webcast

Jim Cramer on Magna International Inc. (MGA): ‘I’m Seeing Terrible Things Going On In The Auto Industry’

With 76% ownership, Magna International Inc. (TSE:MG) boasts of strong institutional backing

Jim Cramer on Magna International (MGA): ‘I’m Seeing Terrible Things’ in Auto Industry

Magna price target lowered to $44 from $46 at Wells Fargo

The past three years for Magna International (TSE:MG) investors has not been profitable

Magna International Inc. (MGA)-A Bull Case Theory

Magna Accelerates Hybrid Innovation With First Dedicated Drive System Award

Are Investors Undervaluing Magna International Inc. (TSE:MG) By 49%?

Magna Shares Rise 12% Since Q3 Earnings Miss Expectations

Richard Pzena's Strategic Moves in Q3 2024: A Closer Look at Dollar General Corp's Significant ...

Magna International Launches Share Buyback Program

Magna Up 2.7% In US Premarket As Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan

Magna Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan

Magna International Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Magna International Inc (MGA) Q3 2024 Earnings Call Highlights: Navigating Challenges with ...

Magna Cuts Outlook Following Third-Quarter Miss, Plans to Resume Share Repurchases

Inside Magna's 9% Stock Surge: The Bold Buyback Moves Reshaping Its Future

Performance Overview