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Magna International Inc MGA Stock Quote

| Rating as of

NYSE: MGA

Last close prices updated as of Jan 27, 2023, 3:34 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 62.05
  • Sector Consumer Cyclical
  • Industry Auto Parts
  • Investment Style Large Blend
  • Day Range 62.50  –  64.27
  • Year Range 45.58  –  83.47
  • Market Cap 18.2839 Bil
  • Volume / Avg 904,901.0 /  1.2 Mil
  • Price / Sales 0.49
  • Price / Book 1.70
  • Forward Div Yield 2.85%
  • Trailing Div Yield 2.81%

Morningstar‘s Stock Analysis MGA

Valuation
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Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

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Capital Allocation

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Deja Vu All Over Again, Magna Agrees to Acquire Veoneer Active Safety; $83 FVE Unchanged

Richard Hilgert Senior Equity Analyst

Analyst Note

| Richard Hilgert |

No-moat-rated Magna has agreed to acquire the active safety (advanced driver assistance systems, or ADAS) business of Veoneer from private equity firm SSW Partners, in a $1.525 billion deal. Including customary regulatory and closing conditions, management expects the deal to close around mid-2023. While it is possible that another bidder might emerge, we think it is unlikely as management stated SSW Partners went through a bidding process. Nor do we see any difficulties in getting regulatory approval because, even though there is some customer and technology overlap, there are still several global Tier I ADAS competitors (besides Magna and Veoneer, at least six by our count) and the acquisition would not place the combined group in a vastly superior market position.

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Key Statistics MGA

Company Profile MGA

Business Description

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 contracted vehicle assembly. Roughly 46% of Magna's revenue comes from North America while Europe accounts for approximately 43%.

Contact
337 Magna Drive
Aurora, ON, L4G 7K1, CAN
Industry Auto Parts
Employees 170,000

Related Articles MGA

FAQs for Magna International Inc Stock

Yes. MGA has a forward dividend yield of 2.85%. See MGA’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

MGA’s market cap is 18.28 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

MGA’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

MGA’s price/sales is 0.49.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

MGA’s price/forward earnings is 10.28.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

MGA’s price/book is 1.70.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See MGA’s valuation ratios compared to the Market Index.

MGA’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare MGA’s historical performance against its industry peers and the overall market.