Magna International Inc (NYSE:MGA) currently has a daily average trading volume of 2.12M but it saw 7092752 shares traded in last market. With a market cap of 10.05B USD, the company’s current market price of $35.67 came rising about 0.17 while comparing to the previous closing price of $35.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $47.22 and as low as $30.39.
BofA Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on March 04, 2025 while assigning a price target range of $52-$48. RBC Capital Mkts issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $41 and $52.
Over the week, MGA’s stock price is moving -2.17% down while it is 7.12% when we observe its performance for the past one month. Year-to-date it is -14.64% down and over the past year, the stock is showing a downside performance of -24.19%.
Currently, Magna International Inc’s total number of outstanding shares is 281.74M with 5.80% of that held by the insiders while 73.32% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.60% and return on equity (ROE) at 9.85%. It has a price to earnings ratio (P/E ratio) of 8.91 while having a 6.21 of forward P/E ratio. Stock’s beta reads 1.47. Stock has a price to book (P/B) ratio of 0.86 while price to sale or P/S ratio amounts to 0.24. Its return on asset (ROA) is 3.54% on average.
