Previous Close | 52.95 |
Open | 53.21 |
Bid | 53.21 x 800 |
Ask | 53.22 x 800 |
Day's Range | 52.63 - 53.49 |
52 Week Range | 45.58 - 68.92 |
Volume | |
Avg. Volume | 1,104,500 |
Market Cap | 15.232B |
Beta (5Y Monthly) | 1.63 |
PE Ratio (TTM) | 34.57 |
EPS (TTM) | 1.54 |
Earnings Date | Jul 27, 2023 - Jul 31, 2023 |
Forward Dividend & Yield | 1.84 (3.46%) |
Ex-Dividend Date | May 18, 2023 |
1y Target Est | 64.75 |
The TSX index has been cyclical in the past 12 months, with neither a bearish nor a bullish trend fully manifesting, but it may change soon. The post 2 Cyclical Stocks to Buy Before the Next Bull Market appeared first on The Motley Fool Canada.
Magna Completes Acquisition Magna strengthens global active safety position with acquisition Broadens Magna’s active safety portfolioStrengthens Magna’s global position as a top active safety supplierIncreases scale of sensor, software and systems engineering capabilities AURORA, Ontario, June 01, 2023 (GLOBE NEWSWIRE) -- Magna strengthens its active safety business with the completion of its acquisition of Veoneer Active Safety from SSW Partners. The deal, which closed today, positions Magna as
Here's why Magna International (TSX:MG) is a top way long-term investors can play the surge in electric vehicles over the long term. The post Magna International: Driving the Future of Electric Vehicles? appeared first on The Motley Fool Canada.
Magna International Inc. ( TSE:MG ) received a lot of attention from a substantial price movement on the TSX over the...
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Magna International Inc. ( TSE:MG ) stock is about to trade ex-dividend in four days. Typically, the ex-dividend date...
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AURORA, Ontario, May 11, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2023 annual meeting of shareholders held on May 11, 2023. A total of 226,558,449 Common Shares or 79.18% of our issued and outstanding Common Shares were represented in person or by proxy at the meeting. Shareholders voted in favour of each item of business, as follows: a. Election of Directors NomineeVotes FORNomineeVotes FORPeter G. Bowie99.05%Mary Lou Maher99
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Tesla stock is pretty popular, but could Canadian EV parts company Magna International be a better buy? The post Is Tesla Stock a Buy in May 2023? appeared first on The Motley Fool Canada.
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TORONTO — Magna International Inc. upgraded its outlook for its sales and profit for the year as it reported its first-quarter profit fell compared with a year ago and its sales rose 11 per cent. The auto parts company, which keeps its books in U.S. dollars, says its profit attributable to the company amounted to US$209 million or 73 cents per diluted share for the quarter ended March 31, down from US$364 million or $1.22 per diluted share a year earlier. Sales totalled US$10.67 billion, up from
Canadian auto parts maker Magna International Inc raised its full-year earnings forecast on Friday, betting on increased production of cars and other light vehicles in North America and Europe as supply-chain constraints ease. Magna also joined peer Aptiv PLC in issuing positive commentary on the supply chain as the auto industry recovers from chip and labor shortages as well as elevated prices for raw materials and freight that had shackled efforts to meet customer demand.
(Reuters) -Canadian auto parts maker Magna International Inc raised its full-year earnings forecast on Friday, betting on increased production of cars and other light vehicles in North America and Europe as supply-chain constraints ease. Magna also joined peer Aptiv PLC in issuing positive commentary on the supply chain as the auto industry recovers from chip and labor shortages as well as elevated prices for raw materials and freight that had shackled efforts to meet customer demand. Magna expects light vehicle production in North America and Europe, its two largest markets, to grow to 15 million units and 16.3 million units, respectively.
Canadian auto parts maker Magna International Inc, on Friday, raised its full-year sales forecast as easing supply chain constraints improve prospects for ramping up production. Magna's revenue for the year is now expected to be between $40.2 billion and $41.8 billion, up from its previous forecast of $39.6 billion to $41.2 billion.
Swamy Kotagiri, Magna’s Chief Executive Officer "Our strong first quarter operating performance reflects strong earnings on higher organic sales. More importantly, we are taking targeted actions to reduce expenses and optimize our cost structure. Our increased outlook is based on the strength of our first quarter results and the expected benefit of these targeted actions. We are highly focused on executing our strategy and remain confident in our ability to meet our long-term growth and margin o
New Magna eDrive System The production of the new eDrive System will start 2026 in Austria and Slovakia Coming to market on 2027 model SUVs and sedansEnables fast reconnect through new decoupling systemPower range from 100 kW to 140 kW, optimized for 800V, delivers affordable costs AURORA, Ontario, May 03, 2023 (GLOBE NEWSWIRE) -- Magna is taking electrification to the next level of efficiency and range to help meet evolving customer requirements. Today, the company has announced it has been awa
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Magna International (TSX:MG) looks like a great value investment for long-term investors seeking a good risk/reward scenario. The post Magna Stock Is Too Cheap and Still Has Room to Rev appeared first on The Motley Fool Canada.