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Magna International (MGA)

(Delayed Data from NYSE)

$41.97 USD

41.97
2,886,528

+2.50 (6.33%)

Updated Nov 1, 2024 04:00 PM ET

After-Market: $41.96 -0.01 (-0.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value B Growth B Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 19% (203 out of 250)

Industry: Automotive - Original Equipment

Better trading starts here.

Zacks News

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4 Auto Equipment Stocks Effectively Navigating Industry Dynamics

Auto equipment providers like MGA, GNTX, ALSN and ADNT are a few top-ranked players from the industry, which is currently feeling the heat of the UAW strike, risks of slowing vehicle demand and high operational costs.

Ford (F) Temporarily Slashes Headcount in Michigan Plant

Ford (F) temporarily lays off employees at Rouge EV Center in Michigan due to multiple issues, including supply chain constraints.

Toyota (TM) Unites With Idemitsu to Make Solid-State Batteries

Toyota (TM) teams up with Idemitsu to achieve mass production of solid-state batteries for EVs.

Westport (WPRT) Pioneers Hydrogen-Driven Transport in Madrid

Westport (WPRT) revolutionizes Spain's transport landscape with a breakthrough hydrogen-powered truck demo in Madrid.

Tesla (TSLA) Produces 20M 4680 Battery Cells in Giga Texas

Tesla (TSLA) reaches a production milestone by building its 20 millionth 4680 battery cells at Gigafactory Texas.

Stellantis (STLA), Samsung SDI to Invest $3.2B in Battery Plant

Stellantis (STLA) and Samsung SDI plan to invest more than $3.2 billion in an Indiana EV battery plant.

Schaeffler's (SCFLF) Bold Bid for Vitesco to Drive E-Mobility

Schaeffler (SCFLF) makes a 3.64 billion euro bid for Vitesco, aiming to create a behemoth in e-mobility solutions and capitalize on the surging global EV demand.

General Motors (GM) Partners With Anduril for Defense Program

General Motors' (GM) unit, GM Defense LLC, collaborates with Anduril to deliver autonomy solutions, battery electrification and other new propulsion technologies.

Gentex (GNTX) Signs Stock Purchase Agreement With Avalon

Gentex (GNTX) to buy 50% of Avalon Park Groups' total ownership stake in VOXX International Corporation.

Is Magna International (MGA) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Why Magna (MGA) is a Top Value Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why Magna (MGA) is a Strong Momentum Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

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Auto Roundup: ABG's $1.2B Buyout Deal, MGA's Revised 2025 View & More

While Asbury (ABG) is set to bolster its Mid-Atlantic presence with the acquisition of Jim Koons Automotive, Magna (MGA) lifts its sales projection for 2025.

Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

3 Top Dividend Stocks to Maximize Your Retirement Income

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

Why This 1 Value Stock Could Be a Great Addition to Your Portfolio

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Zacks.com featured highlights Corebridge, General Motors, Ford and Magna International

Corebridge, General Motors, Ford and Magna International have been highlighted in this Screen of The Week article.

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Pick These 4 Low P/CF Stocks to Spruce Up Your Portfolio

Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. Corebridge (CRBG), General Motors (GM). Ford Motor (F) and Magna International (MGA) boast a low P/CF ratio.

Magna (MGA) Tops Q2 Earnings Estimates, Lifts '23 Sales View

Magna (MGA) expects full-year 2023 revenues in the band of $41.9-$43.5 billion, up from the previous guidance of $40.2-$41.8 billion.

Magna (MGA) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

The headline numbers for Magna (MGA) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Magna (MGA) Beats Q2 Earnings and Revenue Estimates

Magna (MGA) delivered earnings and revenue surprises of 20% and 7.69%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Is a Surprise Coming for Magna (MGA) This Earnings Season?

Magna (MGA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Industry Outlook Highlights Magna International, Lear, Autoliv and Gentex

Magna International, Lear, Autoliv and Gentex are part of the Zacks Industry Outlook article.

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4 Picks From the Robust Auto Equipment Industry to Fuel Your Gains

Industry participants like MGA, LEA, ALV and GNTX are positioned to benefit from resilient vehicle demand, operational efficiency and soaring popularity of electric vehicles.