Magna International (MGA)
(Delayed Data from NYSE)
$42.56 USD
+1.51 (3.68%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $42.56 0.00 (0.00%) 7:58 PM ET
4-Sell of 5 4
A Value B Growth D Momentum A VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
MGA 42.56 +1.51(3.68%)
Will MGA be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for MGA based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MGA
Magna (MGA) Shares Fall 7.9% Since Q2 Earnings Miss Estimates
Company News for Aug 5, 2024
MGA: What are Zacks experts saying now?
Zacks Private Portfolio Services
Magna (MGA) Reports Q2 Earnings: What Key Metrics Have to Say
Magna (MGA) Q2 Earnings and Revenues Lag Estimates
Ferrari (RACE) Q2 Earnings and Revenues Beat Estimates
Other News for MGA
Dividend Champion, Contender, And Challenger Highlights: Week Of August 25
Ford, GM, Stellantis Cooling To Once-Hot EV Sector As Demand Wanes
Holding Or Selling? - July Dividend Income Report
Ex-Dividend Reminder: Magna International, Reynolds Consumer Products and Hawkins
Magna International (MGA) Gets a Buy from Morgan Stanley