Magna InternationalMGA
MGA
About: Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2023, 48% of Magna's USD 42.8 billion of revenue came from North America while Europe accounted for approximately 38% and Asia the remainder. The firm's top six customers constituted 76% of revenue with the top three being GM, Mercedes, and BMW. GM was the largest contributor at 14%. Magna was founded in 1957, has over 179,000 employees, and is based in Aurora, Ontario.
Employees: 158,000
0
Funds holding %
of 7,372 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
103% more call options, than puts
Call options by funds: $81.6M | Put options by funds: $40.1M
34% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 47
22% more capital invested
Capital invested by funds: $8.56B [Q3] → $10.5B (+$1.93B) [Q4]
20% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 6 (+1) [Q4]
2% more funds holding
Funds holding: 374 [Q3] → 383 (+9) [Q4]
0.3% more ownership
Funds ownership: 69.0% [Q3] → 69.3% (+0.3%) [Q4]
26% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 153
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$37
2%
upside
Avg. target
$45
26%
upside
High target
$51
43%
upside
10 analyst ratings
2 positive
20%
8 neutral
80%
0 negative
0%
CIBC Krista Friesen 0 / 0 met price target | 3%upside $37 | Neutral Maintained | 5 Mar 2025 |
Morgan Stanley Adam Jonas 51% 1-year accuracy 25 / 49 met price target | 12%upside $40 | Equal-Weight Maintained | 3 Mar 2025 |
Scotiabank Jonathan Goldman 0 / 0 met price target | 26%upside $45 | Sector Perform Maintained | 18 Feb 2025 |
RBC Capital Tom Narayan 38% 1-year accuracy 10 / 26 met price target | 43%upside $51 | Outperform Maintained | 18 Feb 2025 |
Raymond James Michael Glen 0 / 0 met price target | 40%upside $50 | Market Perform Maintained | 18 Feb 2025 |
Financial journalist opinion
Based on 12 articles about MGA published over the past 30 days
Negative
CNBC Television
1 week ago
Auto tariffs would be 'really hard on supply base', says fmr. Ford CEO Mark Fields
Mark Fields, Former Ford CEO, joins 'Closing Bell Overtime' to talk the impact of tariffs on automakers.
Negative
The Motley Fool
2 weeks ago
Prediction: Trump's Tariffs Would Cause These Stocks to Be Big Losers in 2025
As a presidential candidate, Donald Trump liked to call himself "tariff man." Now that he's back in the White House, he's living up to his self-given nickname.
Positive
Seeking Alpha
2 weeks ago
Magna International: Pivoting Strong Towards A Positive 2026
Magna International posted a positive FY 2024 report, beating analysts' EPS consensus estimate, and showing improved EBIT and effective cost management. The company is undervalued with a trailing P/E of 7.01x and EV/EBITDA of 4.55x, presenting a 23% margin of safety. MGA's positive FCF outlook and robust dividend yield, supported by strong liquidity and cash flow, make it an attractive buy despite short-term weaknesses.
Positive
Seeking Alpha
2 weeks ago
14 Upcoming Dividend Increases, Including A King
S&P Global extends its 52-year dividend growth streak with a 5.5% increase, highlighting financial health and stability. My strategy focuses on stocks with consistent dividend growth and outperforming benchmarks, aiming for long-term wealth accumulation. I use data from U.S. Dividend Champions and NASDAQ to identify companies with at least five years of dividend growth.
Positive
Zacks Investment Research
3 weeks ago
5 Stocks to Watch on Their Recent Dividend Hikes
Investors may keep a tab on stocks like ESNT, MGA, BCS, RLI and PHIN, which have lately hiked their dividend payments.
Positive
Zacks Investment Research
3 weeks ago
Magna Q4 Earnings Surpass Expectations, Revenues Rise Y/Y
MGA reports better-than-expected fourth-quarter results and expects 2025 revenues in the band of $38.6-$40.2 billion compared with $42.8 billion reported in 2024.
Negative
Zacks Investment Research
3 weeks ago
HOG, GPI & 3 Other Auto Stocks Hike Q1 Dividends: Should You Buy Now?
Wall Street is facing volatility amid sticky inflation, uncertainty over the Fed's rate-cut trajectory, and fears of a potential trade war. The auto sector, being highly cyclical, faces additional challenges, including potential disruptions from U.S. tariffs on Canadian and Mexican imports.
Neutral
Seeking Alpha
3 weeks ago
Magna International Inc. (MGA) Q4 2024 Earnings Call Transcript
Magna International Inc. (NYSE:MGA ) Q4 2024 Earnings Conference Call February 14, 2025 8:00 AM ET Company Participants Louis Tonelli - VP, IR Swamy Kotagiri - CEO Patrick McCann - EVP and CFO Conference Call Participants Tamy Chen - BMO Capital Markets Dan Levy - Barclays Chris McNally - Evercore ISI Joseph Spak - UBS Securities Tom Narayan - RBC Capital Markets Brian Morrison - TD Cowen James Picariello - BNP Paribas Colin Langan - Wells Fargo Mark Delaney - Goldman Sachs Michael Glen - Raymond James Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.
Positive
Zacks Investment Research
3 weeks ago
Magna (MGA) Beats Q4 Earnings and Revenue Estimates
Magna (MGA) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.33 per share a year ago.
Neutral
GlobeNewsWire
3 weeks ago
Magna Announces Fourth Quarter 2024 Results and 2025 Outlook
Fourth Quarter 2024 Highlights Sales increased 2% to $10.6 billion, in-line with global light vehicle production Diluted earnings per share of $0.71 and Adjusted diluted earnings per share of $1.69, compared to $0.94 and $1.33, respectively Generated $1.9 billion in cash from operating activities Returned $335 million to shareholders through dividends and share repurchases Raised quarterly cash dividend to $0.485 per share, marking our 15th consecutive year of fourth quarter increases Outlook Highlights 2025 Sales expected to be between $38.6 billion and $40.2 billion, mainly reflecting negative impacts of foreign currency translation, lower light vehicle production and end of production of Jaguar assembly programs 2025 Adjusted EBIT Margin expected to be between 5.3% and 5.8% Capital spending projected to normalize to historical levels beginning in 2025 2026 Sales expected to grow from 2025 to between $40.5 billion and $42.6 billion 2026 Adjusted EBIT Margin expected to expand to a range of 6.5%-7.2% Expect Free Cash Flow of $1.5 billion or more by 2026 AURORA, Ontario, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the fourth quarter and year ended December 31, 2024. “In 2024, we successfully drove margin expansion and increased cash flow generation through deliberate actions related to operational excellence, restructuring, reduced capital spending, and commercial recoveries.
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