Back to top
more

Magna International (MGA)

(Delayed Data from NYSE)

$42.56 USD

42.56
1,384,149

+1.51 (3.68%)

Updated Aug 23, 2024 04:00 PM ET

After-Market: $42.56 0.00 (0.00%) 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

4-Sell of 5       4  

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 D 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 28% (181 out of 251)

Industry: Automotive - Original Equipment

Better trading starts here.

Zacks News

Magna (MGA) Tops Q1 Earnings Estimates, Trims '22 Guidance

Magna (MGA) now expects full-year 2022 revenues in the band of $37.3-$38.9 billion, down from the previous guided range of $38.8-$40.4 billion.

Magna (MGA) Surpasses Q1 Earnings and Revenue Estimates

Magna (MGA) delivered earnings and revenue surprises of 21.90% and 8.57%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Magna (MGA) Segmental Estimates Signal Dull Q1 Earnings Show

The Zacks Consensus Estimate for Magna's (MGA) Q1 earnings and revenues is pegged at $1.05 per share and $8.88 billion, respectively.

The Zacks Analyst Blog Highlights Tesla, Ford, Toyota, Mercedes-Benz Group and Magna International

Tesla, Ford, Toyota, Mercedes-Benz Group and Magna International have been included in this Analyst Blog

Rimmi Singhi headshot

EV Roundup: Tesla (TSLA) Q1 Earnings Smasher, Toyota (TM) $383M Outlay & More

While Tesla (TSLA) creates a buzz by posting the 5th consecutive earnings beat in Q1, Toyota (TM) revs up its electrification strides as it intends to spend $383 million at four U.S. sites.

Analysts Estimate Magna (MGA) to Report a Decline in Earnings: What to Look Out for

Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Magna (MGA), LG Electronics Enter Into JV to Bolster EV Strength

Magna (MGA) and LG Electronics announce a JV to launch a new Powertrain facility in Mexico. This is the JV's first foothold in North America.

Should Value Investors Pick Magna International (MGA) Stock?

Let's see if Magna International (MGA) stock is a good choice for value-oriented investors right now from multiple angles.

Rimmi Singhi headshot

Auto Roundup: Updates From General Motors (GM) & Ford (F) at the Forefront

Ford (F) and General Motors (GM) dominate last week's major news with the announcement of recalls, production halts and more.

Magna (MGA) to Expand Ontario Operations for Battery Enclosures

Magna (MGA) plans to scale up its operations in Ontario by investing in a battery enclosure facility. The investment promises to fuel growth and create around 150 jobs in the area.

BorgWarner (BWA) Beats on Q4 Earnings, Announces Buyout Deal

BorgWarner (BWA) beats Q4 earnings and revenue estimates. Meanwhile, it inks a deal to buy Santroll's light vehicle eMotor business to strengthen its position in electric propulsion systems.

Magna's (MGA) Q4 Earnings Surpass Estimates, Decline Y/Y

Magna (MGA) reports year-over-year lower Q4 earnings but beats estimates on the back of higher-than-expected EBIT across all segments.

A Peek Into Key Predictions Ahead of Magna (MGA) Q4 Earnings

The Zacks Consensus Estimate for Magna's (MGA) Q4 earnings and revenues is pegged at 83 cents per share and $8.94 billion, respectively.

Earnings Preview: Magna (MGA) Q4 Earnings Expected to Decline

Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Rimmi Singhi headshot

Auto Roundup: F & GM's 2021 China Sales, ALSN-Autotech Partnership and More

While General Motors' 2021 deliveries in China remain flat year over year, Ford (F) witnesses year-over-year growth of nearly 4%. Meanwhile, Allison (ALSN) makes a $15-million investment in Autotech.

KB Home and Magna International highlighted as Zacks Bull and Bear of the Day

KB Home and Magna International highlighted as Zacks Bull and Bear of the Day.

Tracey Ryniec headshot

Bear of the Day: Magna (MGA)

When will the semiconductor shortage ease?

Magna (MGA) Expands Workforce to Strengthen ADAS Abilities

Magna International (MGA) adds Optimus engineers to its staff, aiming for enhanced ADAS infrastructure.

Magna (MGA) Gains But Lags Market: What You Should Know

Magna (MGA) closed the most recent trading day at $79.88, moving +0.05% from the previous trading session.

Magna (MGA) Set to Launch Breakthrough Powertrain in 2022

Magna's (MGA) launch of the all-electric powertrain, EtelligentReach, aims at efficiency gains, reduced carbon-dioxide emissions and an enhanced driving experience for customers.

Magna (MGA) Set for Big Gains in Electrification Program

Magna (MGA) seeks to achieve more than $2 billion in managed powertrain electrification sales by 2023 and above $4 billion by 2027.

Magna (MGA) Up 5.2% Despite Q3 Earnings Miss, Lowers '21 View

Magna (MGA) downwardly revises full-year 2021 revenue projection to the band of $35.4-$36.4 billion from the prior guided range of $38-$39.5 billion.

Tenneco (TEN) Beats on Q3 Earnings & Sales, Cuts '21 Guidance

Tenneco (TEN) modifies its outlook for 2021. It brings down full-year revenue and adjusted EBITDA projections and forecasts a reduction in debt.

Westport's (WPRT) Earnings and Sales Miss Estimates in Q3

While Westport (WPRT) slips to a loss in Q3 amid high operating expenses, its revenues increase year over year on the back of higher sales volumes.

Rimmi Singhi headshot

Auto Roundup: Chip Crunch Crimps Firms' Near-Term Profit Projections

Chip-related headwinds like manufacturing inefficiencies and high raw material costs prompt companies like CMI, BWA, HMC, MGA, AXL and TEN to cut their full-year outlook.