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How to buy Magna International stock (MGA)

Buy Magna International stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Magna International is an auto parts business based in the US. Magna International shares (MGA) are listed on the NYSE and all prices are listed in US Dollars. Magna International employs 168,000 staff and has a trailing 12-month revenue of around $43.1 billion.

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Magna International stock price (NYSE: MGA)

Use our graph to track the performance of MGA stocks over time.

Magna International shares at a glance

Information last updated 2024-07-22.
Latest market close$43.79
52-week range$40.83 - $63.01
50-day moving average $44.10
200-day moving average $51.28
Wall St. target price$55.01
PE ratio 12.3626
Dividend yield $1.87 (4.35%)
Earnings per share (TTM) $3.53

Is it a good time to buy Magna International stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Magna International price performance over time

Historical closes compared with the close of $43.79 from 2024-07-23

1 week (2024-07-18) -3.33%
1 month (2024-06-25) 5.04%
3 months (2024-04-25) -10.08%
6 months (2024-01-25) -20.91%
1 year (2023-07-25) -29.86%
2 years (2022-07-25) -28.98%
3 years (2021-07-23) 80.5071
5 years (2019-07-25) 46.8789

Is Magna International stock undervalued or overvalued?

Valuing Magna International stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Magna International's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Magna International's P/E ratio

Magna International's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Magna International shares trade at around 12x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Magna International's PEG ratio

Magna International's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.4788. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Magna International's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Magna International's EBITDA

Magna International's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.9 billion.

The EBITDA is a measure of a Magna International's overall financial performance and is widely used to measure a its profitability.

Magna International financials

Revenue TTM $43.1 billion
Operating margin TTM 4.17%
Gross profit TTM $4.7 billion
Return on assets TTM 4.13%
Return on equity TTM 9.35%
Profit margin 2.35%
Book value $40.10
Market Capitalization $12.6 billion

TTM: trailing 12 months

Magna International share dividends

35%

Dividend payout ratio: 34.82% of net profits

Recently Magna International has paid out, on average, around 34.82% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.35% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Magna International shareholders could enjoy a 4.35% return on their shares, in the form of dividend payments. In Magna International's case, that would currently equate to about $1.87 per share.

While Magna International's payout ratio might seem fairly standard, it's worth remembering that Magna International may be investing much of the rest of its net profits in future growth.

Magna International's most recent dividend payout was on 30 May 2024. The latest dividend was paid out to all shareholders who bought their shares by 15 May 2024 (the "ex-dividend date").

Have Magna International's shares ever split?

Magna International's shares were split on a 2:1 basis on 25 March 2015. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Magna International shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Magna International shares which in turn could have impacted Magna International's share price.

Magna International share price volatility

Over the last 12 months, Magna International's shares have ranged in value from as little as $40.83 up to $63.0133. A popular way to gauge a stock's volatility is its "beta".

MGA.US volatility(beta: 1.62)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Magna International's is 1.62. This would suggest that Magna International's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Magna International overview

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis system, battery enclosures, and engineering and testing; and exteriors, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, side doors, and greenhouse products. The Power & Vision segment offers electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; far camera module, remote camera heads, interior sensing camera, radars, thermal sensing, and domain controllers; interior and exterior mirrors, camera monitoring system driver/occupant monitoring systems, and smart actuators; forward and rear lighting, and lit grilles/panels/displays; latching system, door modules, charge port doors, power system, hinges, and door handles; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services.

Frequently asked questions

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What percentage of Magna International is owned by insiders or institutions?
Currently 6.18% of Magna International shares are held by insiders and 74.381% by institutions.
How many people work for Magna International?
Latest data suggests 168,000 work at Magna International.
When does the fiscal year end for Magna International?
Magna International's fiscal year ends in December.
Where is Magna International based?
Magna International's address is: 337 Magna Drive, Aurora, ON, Canada, L4G 7K1
What is Magna International's ISIN number?
Magna International's international securities identification number is: CA5592224011
What is Magna International's CUSIP number?
Magna International's Committee on Uniform Securities Identification Procedures number is: 559222401

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