FMP
Magna International Inc.
MGA
NYSE
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, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors. The Power & Vision segment offers hybrid and electric drive systems, motors, inverters, onboard chargers, and e-clutch; dedicated hybrid, dual and hybrid dual, and manual transmissions; AWD/4WD products and rear drive modules; transmission, engine, driveline components, engine drive plates, and accessories; engineering services; advanced driver assistance systems and sensors, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; 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. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
32.15 USD
-0.17 (-0.529%)
Latest MGA News
Alex Lavoie
Feb 14, 2025
Magna International Inc. (NYSE:MGA) Surpasses Earnings Estimates
Magna International Inc. (NYSE:MGA) is a leading global automotive supplier, providing a wide range of products and services to the automotive industry. The company operates in the Zacks Automotive - Original Equipment industry, competing with other major players in the sector. Magna's diverse portfolio includes vehicle engineering, manufacturing, and assembly, making it a key player in the automotive supply chain. On February 14, 2025, Magna reported earnings per share (EPS) of $1.67, surpassi...
Alex Lavoie
Feb 13, 2025
Magna International Inc. (NYSE:MGA) Earnings Outlook and Financial Health
Magna International Inc. (NYSE:MGA) is a leading global automotive supplier, providing a wide range of products and services to the automotive industry. The company operates in various segments, including body exteriors and structures, power and vision, seating systems, and complete vehicle solutions. Magna competes with other major automotive suppliers like Continental AG and Bosch. MGA is set to release its quarterly earnings on February 14, 2025. Wall Street analysts estimate earnings per sh...
Gordon Thompson
Feb 4, 2025
Recent Market Analysis: Top Losers in Stock Value
In the recent market analysis, several companies have emerged as top losers, experiencing significant price movements and changes in their stock values. Among these, Omega Therapeutics, Inc. (NASDAQ:OMGA), LuxUrban Hotels Inc. 13.00% Series A Cumulative Redeemable Preferred Stock (NASDAQ:LUXHP), F45 Training Holdings Inc. (NYSE:FXLV), Universe Pharmaceuticals INC (NASDAQ:UPC), and CO2 Energy Transition Corp. Warrant (NASDAQ:NOEMW) have shown notable declines. Omega Therapeutics, Inc. (OMGA) saw...
Zacks Investment Research
Aug 14, 2024
Magna (MGA) Shares Fall 7.9% Since Q2 Earnings Miss Estimates
Magna (MGA) reports lower-than-expected second-quarter results and expects 2024 revenues in the band of $42.5-$44.1 billion, down from $42.6-$44.2 billion guided earlier.
Seeking Alpha
Aug 5, 2024
Magna International: No Rush To Start A Position
Magna International Inc. reported Q2 earnings with flat sales, missed EPS, and lower EBIT compared to the previous year. The company attributed lackluster performance to the global automotive slump, especially in Europe, leading to downward revisions in the 2024 and 2026 outlook. Market demand for vehicles, slow adoption of EVs, and overall weakness worldwide pose challenges for Magna International, keeping me cautious about starting a position.
Zacks Investment Research
Aug 2, 2024
Magna (MGA) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Magna (MGA) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Zacks Investment Research
Aug 2, 2024
Magna (MGA) Q2 Earnings and Revenues Lag Estimates
Magna (MGA) came out with quarterly earnings of $1.35 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.50 per share a year ago.
Zacks Investment Research
Jul 31, 2024
Insights Into Magna (MGA) Q2: Wall Street Projections for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Magna (MGA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
Zacks Investment Research
Jul 26, 2024
Magna (MGA) Earnings Expected to Grow: Should You Buy?
Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
InvestorPlace
Jul 10, 2024
3 Undervalued Stocks Ready for a Breakout This Summer
As the second half of 2024 unfolds, main Wall Street indices are reaching new highs. The Nasdaq 100 index soared more than 20% year-to-date, and the S&P 500 saw an all-time high with a 16% surge.
