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Mild and mixed before earnings
Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

Experts are bullish on Magna International, as they believe in its strong growth potential and cost containment efforts. They also see the company benefitting from the cyclical nature of the business and its dominant position in the auto parts industry. Despite tight margins and recession fears, the consensus is that Magna International is a good long-term investment.

Consensus
Bullish
Valuation
Undervalued
BUY
Magna International

Owns shares, and would recommend buying. Can have strong moves in positive direction due to cyclical nature of business. Would recommend buying around $70. Expecting shares to rise to $100. 

Consumer Products
BUY
Magna International

Owns shares in company. Has been buying shares on weakness. Cost containment efforts ahead of schedule. Improving trends in costs. Would recommend buying. Expecting 90% growth rate. Believes company will benefit from soft landing. 

Consumer Products
BUY
Magna International

Likes it here. Auto companies will depend more on outsourcing parts, especially with the labour settlements we're seeing. In a good position over the next few years. Tight margins will continue for a little while. Dominant player.

Consumer Products
BUY
Magna International

Owns shares in Canadian dividend fund.
Share price appreciating after Covid-19.
Recession fears weighing on share price.
Believes is a good long term investment.
Excellent value at current share price.

Consumer Products
DON'T BUY
Magna International

Recent bad news tough on stock.
Has owned shares in the past, but not currently.
Very bearish on the auto sector.
Electric vehicle very disruptive on sector (top down government policy).
Wait until sector become better run. 


Consumer Products
HOLD
Magna International
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

MG has a decent enough balance sheet, with net debt about 1.6X annual cash flow. 
Dividend payout is in the 25% range and we would not expect a cut. 
Three years is a long forecast time, but analysts show close to $10 in EPS in 2026, so if that is realized the stock is very cheap and is likely to do better. 
But it has had a series of bad announcements, and we would expect the company to be in the penalty box for at least several months now. 
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Consumer Products
BUY
Magna International

Current share price presenting good buying opportunity.
Very large shareholders through the years.
Well run company.
Growth into electronics business will be good for the long term.
Auto sector recovering well. 
Car demand growing. 


Consumer Products
BUY
Magna International

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. LG joint venture very favorable. Margins improving and strong liquidity. Positioned well for EV growth. Globally diversified operation. Unlock Premium - Try 5i Free

Consumer Products
BUY
Magna International
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Recovery linked to automotive industry. Low debt relative to industry. Strong market position to aid recovery. Shares look attractive for long-term.
Consumer Products
BUY
Magna International
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Recovery linked to automotive industry. Low debt relative to industry. Strong market position to aid recovery. Shares look attractive for long-term.
Consumer Products
DON'T BUY
Magna International
They're moving into EV's, but all the auto parts suppliers are suffering because of supply chain shortages. There are concerns of shutting down production in European if there's a power shortage. Margins in this business are thin, and it's cyclical. Look elsewhere.
Consumer Products
BUY
Magna International
Good business going forward as demand for auto parts keeps going up. Automobile demand keeps rising (esp for parts). Heavy European exposure hard on the company. Will perform well in the long term (2-5 years).
Consumer Products
BUY
Magna International
Likes it here, despite the problems. Very well positioned for a recovery in the auto sector and the migration to EVs. Parts are similar to both segments. Low valuation.
Consumer Products
PAST TOP PICK
Magna International
(A Top Pick May 21/21, Down 29%) Believed economy re-opening would be good for company. Inflation costs & continued knockdowns negatively affected growth. Strong company with good dividend. Excepting a major recession, will continue to hold.
Consumer Products
BUY
Magna International
Global leader. Stock's at a good entry point. Exposure to Russia is not huge, but they'll take a write down. Hurt by supply chain issues, plus decline in auto sales. Rock solidly profitable. By 2023, semiconductors will be made at home and auto production will increase.
Consumer Products
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Magna International(MGA-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Magna International is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Magna International(MGA-N) Frequently Asked Questions

What is Magna International stock symbol?

Magna International is a American stock, trading under the symbol MGA-N on the New York Stock Exchange (MGA). It is usually referred to as NYSE:MGA or MGA-N

Is Magna International a buy or a sell?

In the last year, 4 stock analysts published opinions about MGA-N. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Magna International.

Is Magna International a good investment or a top pick?

Magna International was recommended as a Top Pick by on . Read the latest stock experts ratings for Magna International.

Why is Magna International stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Magna International worth watching?

4 stock analysts on Stockchase covered Magna International In the last year. It is a trending stock that is worth watching.

What is Magna International stock price?

On 2024-04-22, Magna International (MGA-N) stock closed at a price of $49.31.