Magna International, Inc. (MGA)
|Net Income (ttm)||2.18B|
|Ex-Dividend Date||Aug 19, 2021|
|Day's Range||73.26 - 73.73|
|52-Week Range||42.18 - 103.74|
|Price Target||108.33 (+47.9%)|
|Est. Earnings Date||Nov 5, 2021|
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. Its Body Exteriors & Structures segment provides body and chassis systems, as well as engineering and testing services; exterior systems, including fascia and trims, front end modules, front integration panels, liftgate modul... [Read more...]
In 2020, MGA's revenue was $32.65 billion, a decrease of -17.20% compared to the previous year's $39.43 billion. Earnings were $757.00 million, a decrease of -57.11%.Financial Statements
According to 20 analysts, the average rating for MGA stock is "Buy." The 12-month stock price forecast is 108.33, which is an increase of 47.87% from the latest price.
Qualcomm Inc (NASDAQ:QCOM) has made a bid to acquire automotive technology company Veoneer Inc (NYSE:VNE) for over $4 billion, beating Magna International Inc's (NYSE:MGA), Bloomberg reports. Magna offe...
STOCKHOLM, Sept. 9, 2021 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), today announced that it has filed a definitive proxy statement with the Securitie...
SAILAUF, Germany, Sept. 01, 2021 (GLOBE NEWSWIRE) -- Magna's commitment to delivering innovative products and systems that also create a better world for tomorrow will be on full display at the IAA 2021...
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AURORA, Ontario, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Magna is reimagining the face and functionality of electric vehicle front ends with its new Mezzo Panel technology. The fully integrated Mezzo Panel of...
Magna (MGA) downwardly revises 2021 outlook amid chip crunch. It now expects revenues in the band of $38-$39.5 billion, down from the previous view of $40.2-$41.8 billion.
Magna (MGA) delivered earnings and revenue surprises of -2.78% and -0.53%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Magna International Inc (NYSE: MGA) reported second-quarter FY21 sales growth of 110% year-on-year, to $9.03 billion, missing the analyst consensus of $9.37 billion. Global light vehicle production grow...
AURORA, Ontario, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the second quarter ended June 30, 2021.
The race to buy automotive chipmaker Veoneer Inc. (NYSE: VNE) is heating up following the entry of QUALCOMM, Inc. (NASDAQ: QCOM) into the fray. 2-Way Race For Veoneer: Qualcomm, a manufacturer of wirele...
Magna International (NYSE:MGA) announces its next round of earnings this Friday, August 06. Here is Benzinga's look at Magna International's Q2 earnings report.
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Magna (MGA) closed at $84.35 in the latest trading session, marking a +0.62% move from the prior day.
Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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New Company to Fuse Magna's and LG's Electric Powertrain Strengths to Accelerate E-Drive Component Development New Company to Fuse Magna's and LG's Electric Powertrain Strengths to Accelerate E-Drive Co...
In the latest trading session, Magna (MGA) closed at $81.03, marking a -0.86% move from the previous day.
AURORA, Ontario, July 27, 2021 (GLOBE NEWSWIRE) -- When Magna International's ICON Radar debuts on the Fisker Ocean next year, it will mark the first application of digital radar for driver-assisted tec...
VEONEER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of P...
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Veoneer (NYSE: VNE...
Magna Buying Veoneer for $3.8 Billion
Jul.23 -- Magna International Inc. will acquire Veoneer Inc. for $3.8 billion in cash, bolstering its business supplying advanced driver-assistance systems to automakers. Magna CEO Swamy Kotagiri talks ...
NEW YORK, July 23, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Veoneer, Inc. ("Veoneer" or the "Compan...
Is (MGA) Outperforming Other Auto-Tires-Trucks Stocks This Year?