Box on $MGAThe hourly chart shows a bullish Alert coming right before a bullish crossover.
Positive price action above $55.11
4.31USD
1.24 BUSD
43.61 BUSD
268.53 M
About Magna International, Inc.
Sector
Industry
CEO
Seetarama Kotagiri
Website
Headquarters
Aurora
Employees (FY)
179 K
Founded
1957
ISIN
CA5592224011
FIGI
BBG000BNLPJ7
Magna International, Inc. is a mobility technology company, which engages in the design, engineering, and manufacturing of automotive supplies. It operates through the following segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment includes body and chassis systems, exterior systems, and roof systems operations. The Power & Vision segment comprises of global powertrain systems, electronics systems, mirrors, lighting, and mechatronics operations. The Seating Systems segment deals with global seating systems operations. The Complete Vehicles segment focuses on vehicle engineering and manufacturing operations. The company was founded by Frank Stronach in 1957 and is headquartered in Aurora, Canada.
MGA - Horizontal Horizontal shows two periods of resistance and one of support
The one of support is the most recent and should be considered as a bullish sign.
I have labelled the points.
$MGA with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $MGA after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 60%.
$MGA with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MGA after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
All Gaps Must FillA gap from Dec 2020 was closed in trading yesterday.
It would seem that asset managers are liquidating assets of companies with large manufacturing operations in Russia.
Magna has 2,500 employees in Russia in 6 facilities.
Russia conflict is likely to add even more supply chain constraints for au
MGA - ascending triangle formation. 100.00 breakout Nice looking technical formation. Breakout + Volume increases. Holding 20MA and 50MA.
Stop Loss 96.00, may consider to cut some loses if it drops under 100.00.
Take profit 110 - 115.
MGA : BLUE SKY / SWING TRADEMagna has an impressive 63-year storied history which includes countless innovative collaborations within the auto industry. Over the six decades, Magna has developed the expansive core competencies across all components and manufacturing processes that make up the complete automobile. Not only does
Apple Car - Magna Internationalsince the original rumors regarding the Apple electric car being assembled by the canadian-owned Magna Company the company stocks have been on the rise. The expectancy went a little bit too far and a divergence in the MACD has currently formed. After a light price correction, the Price might go high
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Frequently Asked Questions
The current price of MGA is 47.85 USD — it has increased by 0.02% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange Magna International, Inc. stocks are traded under the ticker MGA.
Magna International, Inc. is going to release the next earnings report on May 3, 2024. Keep track of upcoming events with our Earnings Calendar.
MGA stock is 1.77% volatile and has beta coefficient of 1.38. Check out the list of the most volatile stocks — is Magna International, Inc. there?
One year price forecast for Magna International, Inc. has a max estimate of 69.19 USD and a min estimate of 51.02 USD.
MGA earnings for the last quarter are 1.47 USD whereas the estimation was 1.35 USD which accounts for 9.05% surprise. Estimated earnings for the next quarter are 1.49 USD. See more details about Magna International, Inc. earnings.
Magna International, Inc. revenue for the last quarter amounts to 10.76 B USD despite the estimated figure of 10.45 B USD. In the next quarter revenue is expected to reach 10.65 B USD.
Yes, you can track Magna International, Inc. financials in yearly and quarterly reports right on TradingView.
MGA stock has fallen by 6.25% compared to the previous week, the month change is a 8.70% fall, over the last year Magna International, Inc. has showed a 10.64% decrease.
MGA net income for the last quarter is 278.49 M USD, while the quarter before that showed 389.00 M USD of net income which accounts for −28.41% change. Track more Magna International, Inc. financial stats to get the full picture.
Today Magna International, Inc. has the market capitalization of 13.74 B, it has decreased by 0.40% over the last week.
Yes, MGA dividends are paid quarterly. The last dividend per share was 0.48 USD. As of today, Dividend Yield (TTM)% is 3.82%. Tracking Magna International, Inc. dividends might help you take more informed decisions.
Magna International, Inc. dividend yield was 3.19% in 2023, and payout ratio reached 43.72%. The year before the numbers were 3.08% and 88.16% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, MGA shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Magna International, Inc. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 179.00 K employees. See our rating of the largest employees — is Magna International, Inc. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Magna International, Inc. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Magna International, Inc. stock shows the sell signal. See more of Magna International, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on Magna International, Inc. future price: according to them, MGA price has a max estimate of 69.19 USD and a min estimate of 51.02 USD. Read a more detailed Magna International, Inc. forecast: see what analysts think of Magna International, Inc. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Magna International, Inc. EBITDA is 3.80 B USD, and current EBITDA margin is 9.16%. See more stats in Magna International, Inc. financial statements.