At the time of writing, Magna International Inc [MGA] stock is trading at $34.76, down -0.71%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MGA shares have gain 4.38% over the last week, with a monthly amount glided 2.27%, and 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 April 11, 2025, when RBC Capital Mkts downgraded its rating to a Sector Perform. Previously, BofA Securities downgraded its rating to Neutral on March 04, 2025, and dropped its price target to $48. On January 24, 2025, upgrade upgraded it’s rating to Outperform and revised its price target to $52 on the stock. Goldman downgraded its rating to a Sell and decreased its price target to $41 on December 11, 2024. Wolfe Research upgraded its rating to a Peer Perform. Morgan Stanley downgraded its rating to Equal-Weight for this stock on September 25, 2024, and downed its price target to $43. In a note dated September 05, 2024, Wolfe Research downgraded an Underperform rating on this stock.
For the past year, the stock price of Magna International Inc fluctuated between $30.39 and $48.75. Currently, Wall Street analysts expect the stock to reach $42.33 within the next 12 months. Magna International Inc [NYSE: MGA] shares were valued at $34.76 at the most recent close of the market. An investor can expect a potential return of 21.78% 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 0.11% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.61.
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 34.27 points at the first support level, and at 33.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.06, and for the 2nd resistance point, it is at 35.37.
Ratios To Look Out For
It is important to note that Magna International Inc [NYSE:MGA] has a current ratio of 1.08. Further, the Quick Ratio stands at 0.74, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 0.23, the price to book ratio is 0.85 and price to earnings (TTM) ratio is 9.89.
