A share price of Magna International Inc [MGA] is currently trading at $37.13, up 2.15%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MGA shares have gain 11.80% over the last week, with a monthly amount glided 15.27%, 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.
Magna International Inc experienced fluctuations in its stock price throughout the past year between $30.39 and $48.18. Currently, Wall Street analysts expect the stock to reach $41.25 within the next 12 months. Magna International Inc [NYSE: MGA] shares were valued at $37.13 at the most recent close of the market. An investor can expect a potential return of 11.1% based on the average MGA price forecast.
Analyzing the MGA fundamentals
Trailing Twelve Months sales for Magna International Inc [NYSE:MGA] were 41.94B which represents -8.21% decline. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.1 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.64.
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 36.51 points at the first support level, and at 35.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.46, and for the 2nd resistance point, it is at 37.79.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Magna International Inc [NYSE:MGA] is 1.06. In addition, the Quick Ratio stands at 0.74 and the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 0.25, the price to book ratio is 0.89 and price to earnings (TTM) ratio is 9.28.
