Magna International Inc. (MGA)

Market Cap	12.20B
Revenue (ttm)	43.09B
Net Income (ttm)	1.01B
Shares Out	287.28M
EPS (ttm)	3.52
PE Ratio	12.06
Forward PE	6.63
Dividend	$1.90 (4.48%)
Ex-Dividend Date	May 16, 2024

Volume	1,522,862
Open	41.48
Previous Close	41.55
Day's Range	41.48 - 42.84
52-Week Range	40.83 - 65.27
Beta	1.62
Analysts	Buy
Price Target	61.93 (+45.86%)
Earnings Date	Aug 2, 2024

About MGA

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis system, battery enclosures, and engineering and testing; and exteriors, including fascia and trims, front end modules, integration panels, liftgate modules, active aero...

• Industry: Auto Parts
• Sector: Consumer Discretionary
• Founded: 1957
• Employees: 168,000
• Stock Exchange: NYSE
• Ticker Symbol: MGA

Financial Performance

In 2023, MGA's revenue was $42.80 billion, an increase of 13.10% compared to the previous year's $37.84 billion. Earnings were $1.21 billion, an increase of 104.90%.

Analyst Forecast

According to 16 analysts, the average rating for MGA stock is "Buy." The 12-month stock price forecast is $61.93, which is an increase of 45.86% from the latest price.

Price Target

$61.93

(45.86% upside)

Analyst Consensus: Buy