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Magna International Inc.

MG.TO

Latest Trade

102.25CAD

Change

-1.94(-1.86%)

Volume

211,776

Today's Range

101.70

 - 

103.64

52 Week Range

65.92

 - 

126.00

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
104.19
Open
103.16
Volume
211,776
3M AVG Volume
14.97
Today's High
103.64
Today's Low
101.70
52 Week High
126.00
52 Week Low
65.92
Shares Out (MIL)
300.66
Market Cap (MIL)
31,063.73
Forward P/E
13.42
Dividend (Yield %)
2.14

Next Event

Q3 2021 Magna International Inc Earnings Call

Latest Developments

More

Veoneer Says Co Is Evaluating All Of Terms Of Qualcomm's Proposal

Magna Exec On Qualcomm's Offer To Buy Veoneer - "We Are Evaluating Our Options And Considering Next Steps In Light Of Qualcomm's Announcement" - Conf Call

Veoneer Confirms Receipt Of Qualcomm Proposal

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About Magna International Inc.

Magna International Inc. (Magna) is a mobility technology company. The Company’s segments include Body Exteriors & Structures, Power & Vision, Seating System and Complete Vehicles. Its product capabilities include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mirrors & lighting, mechatronics and roof systems. Its products include sealing systems, sliding folding and modular roofs, active aerodynamics, lightweight composites, fuel systems, engineered glass, body systems, electronic controllers, interior mirrors, exterior mirrors, tail lamps, small lighting, seat structures, door systems, power closure systems, mechanism & hardware solutions, foam & trim products, complete vehicle manufacturing, engineering services and fuel systems.

Industry

Auto & Truck Parts

Contact Info

337 Magna Drive

AURORA, ON

L4G 7K1

Canada

+1.905.7262462

https://www.magna.com/

Executive Leadership

William L. Young

Independent Chairman of the Board

Seetarama S. Kotagiri

Chief Executive Officer, Director

Vincent J. Galifi

Chief Financial Officer, Executive Vice President

Guenther F. Apfalter

President - Magna Steyr, Magna Europe

Tommy J. Skudutis

Chief Operating Officer, Executive Vice President

Key Stats

2.00 mean rating - 10 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

40.8K

2019

39.4K

2020

32.6K

2021(E)

37.7K
EPS (USD)

2018

6.710

2019

6.050

2020

3.950

2021(E)

6.182
Price To Earnings (TTM)
11.55
Price To Sales (TTM)
0.65
Price To Book (MRQ)
2.08
Price To Cash Flow (TTM)
7.03
Total Debt To Equity (MRQ)
33.65
LT Debt To Equity (MRQ)
32.68
Return on Investment (TTM)
11.94
Return on Equity (TTM)
7.93

Latest News

Latest News

Auto parts maker Magna cuts sales outlook on chip crunch, supply chain woes

Canadian auto parts maker Magna International Inc cut its full-year sales outlook on Wednesday, expecting a fall in global light vehicle production due to chip shortages and supply chain disruptions.

Qualcomm, SSW Partners to buy Veoneer in $4.5 billion deal

Chipmaker Qualcomm Inc and SSW Partners have reached an agreement to buy Swedish automotive technology group Veoneer for $4.5 billion, Veoneer said on Monday.

Sweden's Veoneer says will start talks with Qualcomm over offer

Veoneer Inc said on Sunday it would start talks with chipmaker Qualcomm Inc after its offer for the Swedish auto parts maker last week topped a rival bid by Magna International Inc.

UPDATE 2-Auto parts maker Magna cuts revenue forecast as chip crunch weighs

Magna International Inc, whose bid for Swedish rival Veoneer was trumped by chipmaker Qualcomm, cut its full-year sales forecast on Friday, citing a slowdown in automobile production as a semiconductor shortage plagues the sector.

Auto parts maker Magna posts profit as demand returns

Magna International Inc on Friday posted a second-quarter profit compared with a loss a year ago, as strong demand for new vehicles boosted sales at the Canadian auto parts maker.

Qualcomm tops Magna's bid with $4.6 billion offer for Veoneer

Chipmaker Qualcomm Inc said on Thursday it had offered to buy Swedish auto parts maker Veoneer Inc for $4.6 billion, an 18.4% premium to a bid in July by Canada's Magna International Inc that was accepted by Veoneer's board.

Magna's $3.8 billion Veoneer buy to drive car safety business

Canadian auto parts maker Magna International Inc on Thursday agreed to buy Swedish rival Veoneer Inc for about $3.8 billion in cash to boost its efforts to build driver assistance tech geared toward autonomous vehicles.

Lear profit beats on strong automobile demand in China

U.S. auto parts maker Lear on Friday reported a better-than-expected first-quarter profit and raised its full-year outlook, helped by robust demand in key markets such as China, which is leading the sector's recovery from the COVID-19 crisis.

UPDATE 2-Auto parts maker Magna's results beat as China leads recovery

Canadian auto parts maker Magna International Inc on Thursday beat estimates for quarterly profit and revenue driven by strong demand for car structures in China, which is leading the sector's recovery from the COVID-19 crisis.

Auto parts maker Magna profit more than doubles

Canadian auto parts maker Magna International Inc on Thursday reported a 136% rise in quarterly profit, as strong demand for vehicles encouraged its customers to order more body structures, chassis and powertrains.

UPDATE 3-Magna revenue forecast shines, sees auto industry overcoming chip crunch by year-end

Canadian auto parts maker Magna International Inc forecast full-year revenue above estimates on Friday and signalled it could make up for any production shortfall due to a global chip supply crunch by the end of 2021, lifting its U.S.-listed shares as much as 10%.

Parts maker Magna's profit surges as auto sales rebound from pandemic lows

Canadian auto parts maker Magna International Inc on Friday reported a 67% jump in quarterly profit as a rebound in car sales from pandemic lows encouraged its customers to order more body structures, chassis and powertrains.

Auto supplier Magna to develop driver assistance technology with Fisker

Canadian auto supplier Magna International Inc said on Monday it would develop an Advanced Driver Assistance System (ADAS) with Fisker Inc for the electric-car maker's Ocean SUV that is expected to launch in late 2022.

Auto supplier Magna to develop driver assistance technology with Fisker

Canadian auto supplier Magna International Inc said on Monday it would develop an Advanced Driver Assistance System (ADAS) with Fisker Inc for the electric-car maker's Ocean SUV that is expected to launch in late 2022.

UPDATE 2-LG and Magna announce billion dollar joint venture in electric car gear

South Korea-based LG Electronics Inc and automotive supplier Magna International Inc are launching a joint venture that will make key components for electric cars, the companies announced on Wednesday.

LG Electronics, Magna to set up $1 billion JV to make electric car gear

South Korea-based LG Electronics Inc said on Wednesday it has agreed to set up a $1 billion joint venture (JV) with automotive supplier Magna International Inc.

Auto supplier Magna to make Fisker's electric SUV in Europe

Electric-car maker Fisker Inc said on Thursday Magna International Inc would initially manufacture its Ocean SUV in Europe, finalizing a deal signed with the Canadian auto supplier in October.

CANADA STOCKS-TSX opens higher on job additions, strong earnings

Canada's main stock index opened higher on Friday boosted by data showing the country added more jobs in October and strong earnings from Magna International Inc and Enbridge Inc.

Magna beats quarterly profit estimates, raises 2020 sales outlook

Canadian auto parts maker Magna International Inc <MG.TO> posted better-than-expected earnings on Friday, returning to profit in the third quarter as its key customers ramped up production to meet recovering demand for new cars in Europe, China and the United States.

Magna swings back to profit

Canadian auto parts maker Magna International Inc swung back to quarterly profit on Friday, as recovering demand for new cars in Europe, China and the United States boosted sales.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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