Magna International Stock Today
| MG Stock | CAD 63.63 0.85 1.35% |
Performance9 of 100
| Odds Of DistressLess than 5
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Magna International is selling at 63.63 as of the 30th of November 2024; that is 1.35 percent increase since the beginning of the trading day. The stock's open price was 62.78. Magna International has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for Magna International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | Category Consumer Cyclical | Classification Consumer Discretionary |
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada. The company has 287.34 M outstanding shares of which 4.85 M shares are now shorted by private and institutional investors with about 3.58 days to cover all short positions. More on Magna International
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Magna Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Magna International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Magna International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Magna International's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Magna International's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Donald Walker | ||||
| Business Concentration | Automotive Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, Consumer Discretionary, Specialty Retail, Auto Parts, Consumer Cyclical (View all Sectors) | ||||
Magna International's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Magna International's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsMagna International can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Magna International's financial leverage. It provides some insight into what part of Magna International's total assets is financed by creditors.
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Magna International (MG) is traded on Toronto Exchange in Canada and employs 162,000 people. Magna International is listed under Automotive Retail category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 18.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magna International's market, we take the total number of its shares issued and multiply it by Magna International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Magna International classifies itself under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 287.34 M outstanding shares of which 4.85 M shares are now shorted by private and institutional investors with about 3.58 days to cover all short positions.
Magna International has accumulated about 720 M in cash with 3.15 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.76.
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Ownership AllocationMagna International maintains a total of 287.34 Million outstanding shares. The majority of Magna International outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Magna International to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Magna International. Please pay attention to any change in the institutional holdings of Magna International as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Magna International Risk Profiles
Although Magna International's alpha and beta are two of the key measurements used to evaluate Magna International's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.56 | |||
| Semi Deviation | 2.15 | |||
| Standard Deviation | 2.15 | |||
| Variance | 4.64 |
Magna Stock Against Markets
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Our tools can tell you how much better you can do entering a position in Magna International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Positions RatingsDetermine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
Magna International Corporate Directors
| Peter Bowie | Independent Director | Profile | |
| William Ruh | Independent Director | Profile | |
| Indira Samarasekera | Independent Director | Profile | |
| Cynthia Niekamp | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.