Magna International Inc. (MGA)

Market Cap	12.02B
Revenue (ttm)	43.07B
Net Income (ttm)	987.00M
Shares Out	287.33M
EPS (ttm)	3.44
PE Ratio	12.18
Forward PE	7.56
Dividend	$1.90 (4.54%)
Ex-Dividend Date	Aug 16, 2024

Volume	1,459,774
Open	43.23
Previous Close	43.49
Day's Range	41.78 - 43.42
52-Week Range	38.01 - 60.32
Beta	1.60
Analysts	Buy
Price Target	51.33 (+22.65%)
Earnings Date	Nov 1, 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
• Website: https://www.magna.com

Financial Performance

In 2023, Magna International'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 $51.33, which is an increase of 22.65% from the latest price.

Price Target

$51.33

(22.65% upside)

Analyst Consensus: Buy