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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.

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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%.

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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

Adient (ADNT) Down 2.5% Since Q3 Loss, Slashes FY21 View

Adient (ADNT) projects fiscal 2021 revenues within $14.3-$14.5 billion, lower than the prior outlook of $14.6-$15 billion.

Tenneco (TEN) Shares Barely Move Since Q2 Earnings Miss

Tenneco (TEN) projects 2H'21 revenues and adjusted EBITDA in the band of $9-$9.3 billion and $616-$696 million, respectively.

Magna (MGA) Q2 Earnings & Sales Miss Mark, Trims '21 View

Magna (MGA) downwardly revises 2021 outlook amid chip crunch. It now expects revenues in the band of $38-$39.5 billion, down from the previous view of $40.2-$41.8 billion.

Allison (ALSN) Down 2.8% Since Q2 Earnings & Sales Beat

Allison Transmission (ALSN) projects adjusted free cash flow within $415-$475 million for 2021.

LEAR (LEA) Q2 Earnings Beat, Sales Miss Estimates, '21 View Down

For 2021, Lear (LEA) projects net sales of $19.7-$20.5 billion, lower than the earlier forecast of $20.3-$21.1 billion.

Westport (WPRT) Q2 Earnings & Sales Beat Estimates, Up Y/Y

Westport's (WPRT) revenues skyrocket 135% year over year to $84.7 million for the second quarter of 2021.

Goodyear (GT) Q2 Earnings Beat Estimates, Sales Soar 86% Y/Y

High sales volumes from the Europe, Middle East and Africa (EMEA) and Asia Pacific units drive Goodyear Tire's (GT) Q2 results.

Bidding War Brewing for Veoneer (VNE): Here's What You Should Know

Qualcomm's latest offer to buy Veoneer (VNE) comes in at $4.6 billion, $800 million more than Magna's offer.

Magna (MGA) Lags Q2 Earnings and Revenue Estimates

Magna (MGA) delivered earnings and revenue surprises of -2.78% and -0.53%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

BorgWarner (BWA) Beats on Q2 Earnings & Sales, Ups '21 View

BorgWarner's (BWA) Q2 revenues skyrocket 163.5% year over year, thanks to the Delphi Technologies buyout and increased demand for products.

Key Factors Shaping the Fate of Fisker's (FSR) Q2 Earnings

Fisker's (FSR) Q2 results are likely to reflect the positive impact of the deals inked with Magna and Onto.

Magna (MGA) Gains As Market Dips: What You Should Know

Magna (MGA) closed at $84.35 in the latest trading session, marking a +0.62% move from the prior day.

Magna (MGA) Earnings Expected to Grow: Should You Buy?

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) Dips More Than Broader Markets: What You Should Know

In the latest trading session, Magna (MGA) closed at $81.03, marking a -0.86% move from the previous day.

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Auto Stock Roundup: Buyout Deals of MGA and MGO, TSLA-BHP Deal & More

While Magna (MGA) inks a deal to acquire Veoneer, Winnebago (WGO) is set to acquire Barletta Pontoon Boats. Meanwhile, Tesla (TSLA) locks future nickel supply on deal with BHP Group.

Are Investors Undervaluing Magna (MGA) 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.

MGA vs. DRVN: Which Stock Is the Better Value Option?

MGA vs. DRVN: Which Stock Is the Better Value Option?

Is Magna International (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?

Is (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?

Gentex (GNTX) Q2 Earnings & Sales Miss Mark, 2H'21 View Dull

Gentex (GNTX) anticipates lower light vehicle production, and high commodity, freight and labor expenses to weigh on the firm's earnings as well as sales for second-half 2021.

Magna (MGA) to Enhance ADAS Portfolio on Veoneer Acquisition

Magna's (MGA) latest acquisition of Veoneer is in sync with the auto supplier's strategy to accelerate investments in high-growth areas with the goal to bank on the evolving ADAS market.

Autoliv (ALV) Misses on Q2 Earnings, Lowers '21 Sales View

While Autoliv (ALV) falls shy of earnings and sales estimates for second-quarter 2021, the metrics improve significantly from the corresponding quarter of 2020.

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

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

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5 Top-Ranked Stocks Up for an Earnings Beat

Inside the top-ranked stocks that can beat earnings estimates in their next releases.

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5 High Earnings Yield Picks to Give Your Portfolio a Dose of Growth

Build a strong portfolio by investing in stocks like FANG, LYB, AVT, MGA and AXS that are backed by strong earnings potential.

Why Magna (MGA) is Poised to Beat Earnings Estimates Again

Magna (MGA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.