|Bid||64.73 x 0|
|Ask||65.06 x 0|
|Day's Range||63.74 - 65.74|
|52 Week Range||59.93 - 87.13|
|Beta (3Y Monthly)||1.36|
|PE Ratio (TTM)||9.54|
|Earnings Date||Nov 7, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||1.73 (2.65%)|
|1y Target Est||68.92|
Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange ("TSX") had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the "Notice"). Pursuant to the Notice, Magna may purchase up to 33,200,000 Magna Common Shares (the "Bid"), representing approximately 10% of its public float. As at November 2, 2018, Magna had 334,257,524 issued and outstanding Common Shares, including a public float of 332,209,834 Common Shares.
For 2018, Magna (MGA) expects light-vehicle production in North America of around 17 million units, marking a decline from the previous anticipation of 17.2 million.
Magna International Inc. trimmed its outlook for the year in its latest earnings results but says overall volumes in the auto industry remain strong. The company's expectations of total light vehicle production from North America have dropped by about 400,000 vehicles since the start of the year to 17 million, including 200,000 from last quarter, but are still favourable, said Vince Galifi, Magna's chief financial officer on an earnings call Thursday.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll show how you can use Magna International Inc’s (TSE:MG) P/E ratio Read More...
Magna (MGA) delivered earnings and revenue surprises of 4.70% and -2.18%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
Canadian auto parts maker Magna International Inc topped estimates for quarterly profit on Thursday while trimming its 2018 total sales forecast on the back of a dip in its units that produce car frames ...
Record third quarter sales, up 9% year over year to $9.6 billionRecord third quarter diluted earnings per share of $1.62, increased 17%Record third quarter Adjusted diluted.
Don't be fooled by their low P/E ratios. Stocks like Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and Magna International Inc. (TSX:MG)(NYSE:MGA) are still fantastic companies.
Tesla Inc. (NASDAQ:TSLA) continues to be highly volatile. Is one Canadian alternative a better buy today?
I am going to run you through how I calculated the intrinsic value of Magna International Inc (TSE:MG) by taking the foreast future cash flows of the company and discounting Read More...
Magna International Inc. (TSX:MG)(NYSE:MGA) and Linamar Corporation (TSX:LNR) are worth targeting ahead of the release of third-quarter earnings in November.
Drivers and passengers will enjoy a more intuitive experience thanks to technology which relies on motion and the sense of touch inside and outside of the car. To continue developing these advanced technologies for the automotive market, Magna has signed a deal to acquire Haptronik GmbH, further investing in advanced motion-control software and adding to Magna’s leadership in mechatronics products.
NEW YORK, NY / ACCESSWIRE / October 23, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...
Investors who have faith in Canadian growth should look to stocks like Canada Goose Holdings Inc. (TSX:GOOS)(NYSE:GOOS) right now.
This trio of stocks, including Magna International Inc. (TSX:MG)(NYSE:MGA), is sinking to new lows. Is it time to swoop in like vultures?
New state-of-the-art seat manufacturing facility in Chomutov, Czech RepublicMultiple seating programs for the BMW GroupManufacturing plant creates in 300 new jobs SAILAUF,.
AURORA, Ontario, Oct. 10, 2018 -- Magna International Inc. (TSX:MG) (NYSE:MGA) THIRD QUARTER 2018 RESULTS CONFERENCE CALL THURSDAY – NOVEMBER 8th, 2018 8:00.
By following the principles of Warren Buffett, beginners will be better able to tell the difference between a value play and a value trap like Magna International (TSX:MG)(NYSE:MGA).
Linamar Corporation (TSX:LNR) and Manga International Inc. (TSX:MG)(NYSE:MGA) stocks have bounced back in early October.
Morocco's proximity to Europe and the country's vehicle manufacturing goals encourage Magna (MGA) to set up an engineering center by forming a JV with Altran.