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1 Comment
Magna International Inc is currently in a long term uptrend where the price is trading 12.1% above its 200 day moving average.
From a valuation standpoint, the stock is 98.6% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.8.
Magna International Inc's total revenue rose by 12.5% to $11B since the same quarter in the previous year.
Its net income has increased by 67.7% to $738M since the same quarter in the previous year.
Finally, its free cash flow grew by 132.1% to $2B since the same quarter in the previous year.
Based on the above factors, Magna International Inc gets an overall score of 5/5.
Industry | Auto Parts |
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Exchange | TO |
CurrencyCode | CAD |
ISIN | CA5592224011 |
Sector | Consumer Cyclical |
Market Cap | 13B |
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PE Ratio | 9.48 |
Target Price | 58.003 |
Dividend Yield | 6.1% |
Beta | 1.73 |
Magna International Inc. manufactures and supplies vehicle engineering, contract, and automotive space. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The company offers battery enclosures, battery trays, fully assembled body-in-white modules, and chassis systems, such as suspension links and arms, twist axle, carbon fiber subframe, and frame assemblies; cameras, thermal sensing, radar, interior sensing systems, domain controllers, and modules for chassis control, glow plug control, powertrain control, and mechatronic control. It also provides active aerodynamics; lighting, liftgate modules, front integration panels, roof systems and modules, exterior design, thin wall, welding technologies, front end carriers or grille opening reinforcement, door panels, and hoods; latching systems, power closures, door and mechatronic control modules, hinges and wireforming, and handles; interior and exterior mirrors, actuators, and overhead consoles; structural, foam and trim, sustainable, and electronics seating; and greenhouse technologies, trim and exterior ornamentation, and running boards. In addition, the company offers eDrive systems and eBeam; hybrid and ICE Powertrain; E-motor core stack, gears and shafts, planetary carriers and differentials, and inverter covers and oil pans; battery thermal and structural components, and clutch housings and modules; truck fuel tank systems, pipes and components, and energy storage systems. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
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