Magna International (Germany) Today

MGA Stock  EUR 42.20  0.34  0.80%   

Performance

6 of 100

 
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Strong
Modest

Odds Of Distress

Less than 9

 
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Low
Magna International is trading at 42.20 as of the 30th of November 2024. This is a 0.8 percent decrease since the beginning of the trading day. The stock's lowest day price was 42.14. Magna International has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest 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 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
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 285.93 M outstanding shares. More on Magna International

Moving together with Magna Stock

  0.63DNO Dno ASAPairCorr
  0.68DNOA DENSO P ADRPairCorr

Moving against Magna Stock

  0.740KJ ABERFORTH SMCOS TRLSPairCorr
  0.72D7A Aptiv PLCPairCorr
  0.69SG9 Strix Group PlcPairCorr
  0.64RFC4 COPAUR MINERALS INCPairCorr
  0.54BGTA BridgestonePairCorr
  0.41DBPD Xtrackers ShortDAXPairCorr
Follow Valuation Odds of Bankruptcy
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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.
CEODonald Walker
Business ConcentrationAuto Parts, Consumer Cyclical (View all Sectors)
Magna International (MGA) is traded on Frankfurt Exchange in Germany and employs 168,000 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 15.26 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 Consumer Cyclical sector and is part of Auto Parts industry. The entity has 285.93 M outstanding shares. Magna International has accumulated about 3.43 B in cash with 2.1 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.4.
Check Magna International Probability Of Bankruptcy
Ownership Allocation
Magna International maintains a total of 285.93 Million outstanding shares. Over half of Magna International's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Magna International. Please watch out for any change in the institutional holdings of Magna International as this could mean 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.
Check Magna Ownership Details

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.

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.

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Magna International Corporate Directors

Peter BowieIndependent DirectorProfile
William RuhIndependent DirectorProfile
V HarderIndependent DirectorProfile
Indira SamarasekeraIndependent DirectorProfile

Additional Information and Resources on Investing in Magna Stock

When determining whether Magna International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magna International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magna International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magna International Stock:
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 board of governors.
For more detail on how to invest in Magna Stock please use our How to Invest in Magna International guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Please note, there is a significant difference between Magna International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magna International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magna International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.