Magna International Inc. (MGA)

Market Cap	14.14B
Revenue (ttm)	42.80B
Net Income (ttm)	1.21B
Shares Out	287.28M
EPS (ttm)	4.23
PE Ratio	11.63
Forward PE	7.90
Dividend	$1.90 (3.86%)
Ex-Dividend Date	Feb 22, 2024

Volume	981,615
Open	49.84
Previous Close	49.77
Day's Range	49.03 - 50.18
52-Week Range	46.71 - 65.27
Beta	1.68
Analysts	Buy
Price Target	63.85 (+29.75%)
Earnings Date	May 3, 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 15 analysts, the average rating for MGA stock is "Buy." The 12-month stock price forecast is $63.85, which is an increase of 29.75% from the latest price.

Price Target

$63.85

(29.75% upside)

Analyst Consensus: Buy