Magna International Inc (MGA) concluded trading on Thursday at a closing price of $34.97, with 3.77 million shares of worth about $131.68 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.28% during that period and on March 27, 2025 the price saw a loss of about -7.12%. Currently the company’s common shares owned by public are about 282.88M shares, out of which, 263.05M shares are available for trading.
Stock saw a price change of -3.37% in past 5 days and over the past one month there was a price change of -8.48%. Year-to-date (YTD), MGA shares are showing a performance of -16.32% which decreased to -34.73% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $33.30 but also hit the highest price of $54.82 during that period. The average intraday trading volume for Magna International Inc shares is 1.76 million. The stock is currently trading -4.34% below its 20-day simple moving average (SMA20), while that difference is down -8.48% for SMA50 and it goes to -15.26% lower than SMA200.
Magna International Inc (NYSE: MGA) currently have 282.88M outstanding shares and institutions hold larger chunk of about 71.63% of that.
The stock has a current market capitalization of $9.85B and its 3Y-monthly beta is at 1.51. PE ratio of stock for trailing 12 months is 9.95, while it has posted earnings per share of $3.52 in the same period. Its PEG reads 1.18 and has Quick Ratio of 0.74 while making debt-to-equity ratio of 0.61. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MGA, volatility over the week remained 3.26% while standing at 3.48% over the month.
Stock’s fiscal year EPS is expected to drop by -7.74% while it is estimated to increase by 25.42% in next year. EPS is likely to grow at an annualized rate of 8.42% for next 5-years, compared to annual growth of -8.91% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on March 04, 2025 offering a Neutral rating for the stock and assigned a target price range of between $52 and $48 to it. Coverage by RBC Capital Mkts stated Magna International Inc (MGA) stock as an Outperform in their note to investors on January 24, 2025, suggesting a price target of $52 for the stock. Stock get an Equal-weight rating from Morgan Stanley on September 25, 2024.
