How to buy Magna International shares

Magna International shares have increased 2.37% from yesterday's closing price ($50.86). Learn how to easily invest in Magna International shares in the UK.

Magna International Inc (MGA) is a publicly traded auto parts business based in Canada. It opened the day at $89.86 after a previous close of $88.56. During the day the price has varied from a low of $89.67 to a high of $91.34. The latest price was $90.66 (25 minute delay). Magna International is listed on the NYSE and employs 171,000 staff. All prices are listed in US Dollars.

How to buy shares in Magna International

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: MGA in this case.
  5. Research Magna International shares. The platform should provide the latest information available.
  6. Buy your Magna International shares. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.
Our top picks for where to buy Magna International shares:

Best for

Beginner investments

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Fees for buying 10x Magna International shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Customer rating Platform fee Min. initial deposit Trading fee estimate
Freetrade logo ★★★★★ £0 - £9.99 No minimum £4.31
£735.40 total
Capital at risk
eToro Free Stocks logo ★★★★★ £0 $50 £3.66
£734.74 total
Capital at risk
IG Share Dealing logo ★★★★★ £0 £250 £11.76
£742.84 total
Capital at risk
CMC Invest share dealing account logo Not yet rated £0 No minimum £3.66
£734.74 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo ★★★★★ £0 £1 £19.26
£750.34 total
Capital at risk
Degiro Share Dealing logo ★★★★★ £0 No minimum £0.73
£731.81 total
Capital at risk

Full comparison of share dealing platforms

These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Alternative ways to invest in Magna International

Is it a good time to buy Magna International stock?

Only you can make the decision on the time to leap. The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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Invest in Magna International shares

  • Start investing from $50
  • Pay no stamp duty on UK shares
  • Commission-free trading. Other fees may apply.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is Magna International under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Magna International P/E ratio, PEG ratio and EBITDA

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 33x. In other words, Magna International shares trade at around 33x recent earnings.

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

Magna International's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.3829. A PEG ratio below 1 can be interpreted as meaning the shares are not overvalued given the current rate of growth.

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 (earnings before interest, taxes, depreciation and amortisation) is a whopping $3.1 billion (£2.5 billion).

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

What's Magna International's ESG track record?

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Magna International.

Overall Magna International ESG score

Magna International's total ESG risk: 21.85

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Magna International's overall score of 21.85 (as at 01/01/2019) is pretty good – landing it in it in the 29th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Magna International is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Magna International's environmental score: 3.39/100

Magna International's environmental score of 3.39 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Magna International is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Magna International's social score: 9.45/100

Magna International's social score of 9.45 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Magna International is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Magna International's governance score: 6/100

Magna International's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Magna International is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Magna International's controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. A high-profile company, Magna International scored a 1 out of 5 for controversy – the highest score possible, reflecting that Magna International has managed to keep its nose clean.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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