At the time of writing, Magna International Inc [MGA] stock is trading at $37.42, up 1.66%. An important factor to consider is whether the stock is rising or falling in short-term value. The MGA shares have gain 0.84% over the last week, with a monthly amount drifted -0.90%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Magna International Inc [NYSE: MGA] stock has seen the most recent analyst activity on March 04, 2025, when BofA Securities downgraded its rating to a Neutral and also revised its price target to $48 from $52. Previously, RBC Capital Mkts upgraded its rating to Outperform on January 24, 2025, and elevated its price target to $52. On December 11, 2024, downgrade downgraded it’s rating to Sell and revised its price target to $41 on the stock. Wolfe Research upgraded its rating to a Peer Perform. Morgan Stanley downgraded its rating to a Equal-Weight and reduced its price target to $43 on September 25, 2024. Wolfe Research downgraded its rating to Underperform for this stock on September 05, 2024. In a note dated July 01, 2024, Exane BNP Paribas upgraded an Outperform rating on this stock.
For the past year, the stock price of Magna International Inc fluctuated between $33.30 and $56.12. Currently, Wall Street analysts expect the stock to reach $50 within the next 12 months. Magna International Inc [NYSE: MGA] shares were valued at $37.42 at the most recent close of the market. An investor can expect a potential return of 33.62% based on the average MGA price forecast.
Analyzing the MGA fundamentals
According to Magna International Inc [NYSE:MGA], the company’s sales were 42.84B for trailing twelve months, which represents an 1.66% jump. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.09 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.61.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 36.65 points at the first support level, and at 35.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.84, and for the 2nd resistance point, it is at 38.26.
Ratios To Look Out For
It is important to note that Magna International Inc [NYSE:MGA] has a current ratio of 1.08. On the other hand, the Quick Ratio is 0.74, and the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 0.25, the price to book ratio is 0.92 and price to earnings (TTM) ratio is 10.64.
