42.42

0.88% 0.37

Magna International Inc (MGA)

Overview News Price History Option Chain Why MGA Down? Discussions Forecast Stock Split Dividend History

Magna International Inc stock is traded at $42.42, with a volume of 389.17K. It is up +0.88% in the last 24 hours and down -5.90% over the past month. Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2023, 48% of Magna's $42.8 billion of revenue came from North America while Europe accounted for approximately 38% and Asia the remainder. The firm's top six customers constituted 76% of revenue with the top three being GM, Mercedes, and BMW. GM was the largest contributor at 14%. The company was founded in 1957, has over 179,000 employees, and is based in Aurora, Ontario.

Previous Close:

$42.05

Open:

$42.23

24h Volume:

389.17K

Relative Volume:

0.26

Market Cap:

$12.04B

Revenue:

$42.66B

Net Income/Loss:

$1.08B

P/E Ratio:

11.75

EPS:

3.61

Net Cash Flow:

$889.00M

1W Performance:

-2.57%

1M Performance:

-5.90%

6M Performance:

-0.40%

1Y Performance:

-28.14%

1-Day Range:

$41.71

$42.42

1-Week Range:

$41.00

$44.38

52-Week Range:

$38.01

$60.32

Magna International Inc Stock (MGA) Company Profile

Name

Magna International Inc

Sector

Consumer Cyclical (574)

Industry

Auto Parts (52)

Phone

Address

Employee

177,000

Twitter

@magnaint

Next Earnings Date

2024-11-01

Latest SEC Filings

MGA's Discussions on Twitter

Compare MGA with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
MGA Magna International Inc	42.39	12.04B	42.66B	1.08B	889.00M	3.74
GPC Genuine Parts Co	117.29	16.28B	23.30B	1.09B	900.98M	7.77
MBLY Mobileye Global Inc	19.00	15.25B	1.80B	-2.96B	214.00M	-3.65
APTV Aptiv Plc	59.95	13.93B	19.73B	2.42B	1.14B	8.96
LKQ Lkq Corp	36.70	9.59B	14.50B	711.00M	748.00M	2.68

Magna International Inc Stock (MGA) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Dec-11-24	Downgrade	Goldman	Neutral → Sell
Dec-05-24	Upgrade	Wolfe Research	Underperform → Peer Perform
Sep-25-24	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Sep-05-24	Downgrade	Wolfe Research	Peer Perform → Underperform
Jul-01-24	Upgrade	Exane BNP Paribas	Neutral → Outperform
Jan-03-24	Downgrade	Goldman	Buy → Neutral
Sep-13-23	Initiated	UBS	Neutral
Aug-24-23	Resumed	Scotiabank	Sector Perform
Jul-06-23	Upgrade	BofA Securities	Neutral → Buy
May-08-23	Upgrade	Exane BNP Paribas	Underperform → Neutral
Apr-19-23	Downgrade	RBC Capital Mkts	Outperform → Sector Perform
Feb-15-23	Initiated	Barclays	Equal Weight
Feb-01-23	Upgrade	BMO Capital Markets	Market Perform → Outperform
Jan-25-23	Downgrade	TD Securities	Buy → Hold
Jan-09-23	Downgrade	BofA Securities	Buy → Neutral
Dec-14-22	Downgrade	Wells Fargo	Overweight → Equal Weight
Nov-23-22	Downgrade	Citigroup	Buy → Neutral
Apr-11-22	Initiated	Exane BNP Paribas	Underperform
Mar-16-22	Upgrade	Raymond James	Underperform → Mkt Perform
Mar-08-22	Downgrade	BMO Capital Markets	Outperform → Market Perform
Dec-16-21	Upgrade	Wells Fargo	Equal Weight → Overweight
Nov-08-21	Resumed	Citigroup	Buy
Oct-20-21	Downgrade	Raymond James	Mkt Perform → Underperform
Oct-15-21	Resumed	Morgan Stanley	Overweight
Oct-11-21	Downgrade	Barclays	Overweight → Equal Weight
Jun-24-21	Upgrade	Goldman	Neutral → Buy
Jun-21-21	Upgrade	Edward Jones	Hold → Buy
Apr-14-21	Upgrade	Morgan Stanley	Underweight → Equal-Weight
Mar-26-21	Initiated	Wells Fargo	Equal Weight
Nov-09-20	Upgrade	BMO Capital Markets	Market Perform → Outperform
Nov-09-20	Downgrade	Morgan Stanley	Equal-Weight → Underweight
Apr-27-20	Upgrade	Credit Suisse	Neutral → Outperform
Apr-15-20	Initiated	Goldman	Neutral
Mar-30-20	Upgrade	Morgan Stanley	Underweight → Equal-Weight
Mar-24-20	Upgrade	KeyBanc Capital Markets	Sector Weight → Overweight
Jan-09-20	Initiated	The Benchmark Company	Buy
Dec-17-19	Resumed	RBC Capital Mkts	Outperform
Jun-27-19	Initiated	Credit Suisse	Neutral
May-01-19	Downgrade	Wolfe Research	Outperform → Peer Perform
Apr-16-19	Initiated	Seaport Global Securities	Buy
Apr-15-19	Downgrade	CIBC	Sector Outperform → Neutral
Feb-22-19	Downgrade	TD Securities	Buy → Hold
Jan-10-19	Upgrade	TD Securities	Hold → Buy
Oct-02-18	Initiated	Wolfe Research	Outperform
May-14-18	Initiated	Evercore ISI	Outperform
Mar-22-18	Downgrade	Morgan Stanley	Equal-Weight → Underweight
Jan-19-18	Downgrade	TD Securities	Buy → Hold
Jan-12-18	Upgrade	Wells Fargo	Market Perform → Outperform
Jan-09-18	Reiterated	Macquarie	Outperform

View All

Magna International Inc Stock (MGA) Latest News

Dec 23, 2024

Magna International Inc. stock falls Monday, underperforms market - MarketWatch

Dec 23, 2024

Dec 21, 2024

Magna International Inc. (TSE:MG) Doing What It Can To Lift Shares - Simply Wall St

Dec 21, 2024

Magna International Inc. (NYSE:MGA) Receives $49.65 Average Price Target from Analysts - MarketBeat

Dec 21, 2024

Dec 20, 2024

Magna International Inc. stock rises Friday, outperforms market - MarketWatch

Dec 20, 2024

'A little patience': Anxiety creeps into auto sector as Trump threatens blanket tariffs on day one - Financial Post

Dec 20, 2024

25,320 Shares in Magna International Inc. (NYSE:MGA) Bought by Public Employees Retirement System of Ohio - MarketBeat

Dec 20, 2024

Dec 19, 2024

Magna International Inc. stock falls Thursday, underperforms market - MarketWatch

Dec 19, 2024

February 2025 Options Now Available For Magna International (MGA) - Nasdaq

Dec 19, 2024

Dec 18, 2024

Magna International Inc. stock falls Wednesday, underperforms market - MarketWatch

Dec 18, 2024

Dec 17, 2024

Magna International Inc. stock falls Tuesday, still outperforms market - MarketWatch

Dec 17, 2024

Dec 16, 2024

Magna International's SWOT analysis: auto parts giant navigates industry shifts - Investing.com UK

Dec 16, 2024

Magna Int'l stock target increased, outperform on potential upside By Investing.com - Investing.com Australia

Dec 16, 2024

Magna International: Weak Customer Positioning Creates Uncertain Future (NYSE:MGA) - Seeking Alpha

Dec 16, 2024

Magna Int'l stock target increased, outperform on potential upside - Investing.com

Dec 16, 2024

Wells Fargo & Company Has Lowered Expectations for Magna International (NYSE:MGA) Stock Price - MarketBeat

Dec 16, 2024

Dec 13, 2024

Magna International Inc. stock falls Friday, underperforms market - MarketWatch

Dec 13, 2024

Magna International Inc (MG-T) Stock Price and News - The Globe and Mail

Dec 13, 2024

Automotive Transmission Market Share to Rise at 6.0% CAGR, To Hit USD 120.41 Billion by 2034 | PMR - GlobeNewswire Inc.

Dec 13, 2024

Dec 12, 2024

Magna International Inc. stock rises Thursday, outperforms market - MarketWatch

Dec 12, 2024

Magna International (TSE:MG) Cut to Strong Sell at The Goldman Sachs Group - MarketBeat

Dec 12, 2024

Dec 11, 2024

Magna International (NYSE:MGA) Downgraded by The Goldman Sachs Group to Sell - MarketBeat

Dec 11, 2024

Toronto Dominion Bank Buys 18,704 Shares of Magna International Inc. (NYSE:MGA) - MarketBeat

Dec 11, 2024

Dec 10, 2024

Better Electric Vehicle (EV) Stock: Magna International vs. Rivian - Yahoo Canada Finance

Dec 10, 2024

Magna International Inc. stock outperforms market despite losses on the day - MarketWatch

Dec 10, 2024

Automotive Supplier Magna International Expands South Carolina Operations - Ratchet+Wrench

Dec 06, 2024

Dec 05, 2024

Magna International's SWOT analysis: auto parts supplier stock faces headwinds, eyes growth - Investing.com

Dec 05, 2024

The past three years for Magna International (TSE:MG) investors has not been profitable - Yahoo Finance

Dec 05, 2024

BNP Paribas Financial Markets Has $3.46 Million Stock Holdings in Magna International Inc. (NYSE:MGA) - MarketBeat

Dec 05, 2024

Dec 04, 2024

Magna International Inc. stock rises Wednesday, outperforms market - MarketWatch

Dec 04, 2024

Magna International expansion to bring 200 new jobs to Greenville County - Fox Carolina

Dec 04, 2024

A Canadian auto parts maker will create 200 jobs with $200M Greenville County expansion - The Post and Courier

Dec 04, 2024

Dec 03, 2024

Top Reasons to Buy Magna Stock Like There’s No Tomorrow - Yahoo Canada Finance

Dec 03, 2024

Magna International Inc. stock rises Tuesday, outperforms market - MarketWatch

Dec 03, 2024

Arquus Secures ISO 27001 Certification with MAGNA's Guidance, Paving the Way for Export Growth - PR Newswire

Dec 03, 2024

Should You Think About Buying Magna International Inc. (TSE:MG) Now? - Simply Wall St

Dec 03, 2024

Motor Vehicle Body Global Market Report 2024 To 2033 | Magna - openPR

Dec 03, 2024

Dec 01, 2024

ARGA Investment Management LP Acquires New Holdings in Magna International Inc. (NYSE:MGA) - MarketBeat

Dec 01, 2024

Nov 30, 2024