Buy, Sell or Hold: Magna Int'l. (A) (MG-T) — Stock Predictions at Stockchase

TSE:MG

105.99

5.02 (4.52%) 1d

Showing 1 to 15 of 1,023 entries

BUY

Problems in last year. Supply chain, reduced guidance on bottom line, impacted margins. Good news is it's managing quite well, problems will slowly dissipate, better earnings, higher volumes. Compelling.

Automotive

WAIT

Hard to predict when bottlenecks will resolve. Everyone's pointing fingers. If he had to guess, earlier in 2022. Right now, it's still a mess. MG hasn't been performing well. He'd hold off. We're in the seasonally strong period until February, and we might actually skip that this year. Wait to see more progress.

Automotive

COMMENT

Magna is a more conservative version of Linamar. Both are very good companies so it depends on what of type of investor you are.

Automotive

DON'T BUY

MG vs. MRE vs. LNR A bit of a dilemma. All being hit by supply shortages. Earnings ticking down, so PE's are at the higher range. In terms of ROE, MG would be the most profitable. MRE's is quite a bit less, though the multiple is also less. MRE is 0.8 price to book, PE of 9.8. His choice is LNR: it's in the middle of the pack, price to book is just over 1, PE is 10, and ROE tends to be more over time.

Automotive

DON'T BUY

They've done a good job with the dividend, but it's highly cyclical. He can't square their supply chain issues with the a huge surge to buy cars; historically a surge is followed by soft car demand for the next 3-4 years which he sees this happening. Can Magna navigate that drop? Buy this when the sector bottoms, but we're not there yet.

Automotive

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has numerous EV partnerships with various makers and is a supplier to car makers. It also has more revenues from outside of North America than in North America. 5i is comfortable with buying today at these levels. Unlock Premium - Try 5i Free

Automotive

BUY

MG vs. MRE One of the top two companies in the world. Lots of technology in the car. MRE is smaller, hit hard by pandemic. MRE is working on a new technology, but it's at early stages and expensive. MRE needs to show some of its problems are behind it. Go with MG.

Automotive

BUY on WEAKNESS

Would buy at these levels. There has been a huge run up of shares and has seen a drop. Supply chain issues continues to weight them down. Revenue is fine. Margin is the problem with inflation. It is probably already been priced in. 42% EPS growth, trading at 14x 2022. On a price to growth basis, a must own name.

Automotive

WATCH

Whole industry is being impacted by the chip shortages. She hasn't been in this space in a while. As all vehicles become electric, there will be demand, and she wants the companies that will be well positioned. MG would probably be her preference, but she's just watching right now. Excitement earlier this year has died down.

Automotive

BUY

Allan Tong’s Discover Picks With lockdowns thankfully in the rear-view mirror, cars have returned to roads with a vengeance. Those gun shy about taking public transit will drive. That’s the macro tailwind. The macro headwind is that this venerable Canadian maker of car parts is facing a shortage of computer chips. Not only Magna, but the entire sector and several others are being hit, a malady that realistically won’t end until Q1 or Q2 in 2022. Offsetting this short-term hurdle is Magna investing $70 million in a new Michigan plant to manufacture parts for the red-hot EV business, and partnering with an Israeli start-up. It already has deals with companies in Austria, China and South Korean in the EV sector. Smart. Magna is investing the future. Meanwhile, rumours persist that Apple will partner with Magna to produce self-driving cars. Read Barbell investing: Adobe, BlackRock, Magna for our full analysis.

Automotive

BUY

He would stick with it. The auto sector is the epicentre of the semiconductor shortage. It's not a demand problem but a short term supply issue. He thinks they still have a couple of years of decent growth ahead of them. This is the best sector of the market.

Automotive

PAST TOP PICK

(A Top Pick Oct 08/20, Up 43%) Value stock left behind from rotation to tech. Supply chain issues, failed takeover. Still growing at 24%, 8x multiple. A place for investors right now. Poised for the EV trend.

Automotive

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PAST TOP PICK

(A Top Pick Aug 10/21, Down 12.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with MG has triggered its stop at $95. We recommend covering the remaining position at this time. We will look for better opportunities.

Automotive

PARTIAL BUY

Magna vs. Martinrea Supply chain constraints have hit hard the carmakers and car-parts makers. We likely will see lower-than-expected volumes for another year. US-China squabbles will also have an ongoing effect. Longer-term, MG is a partial buying opportunity. He hasn't looked closely at the car parts makers though to choose one over the other. He owns Linamar. Expect volatility in this space.

Automotive

BUY

No, it isn't heading down. It adapts well to macro conditions, namely e-cars. Magna is ready for EVs. He likes this name. It will do well for the next five years. The valuation is slightly too high for him, but he's watching it. He also likes and owns Tesla within the car space, and likes GM.

Automotive

Showing 1 to 15 of 1,023 entries

Magna Int'l. (A)(MG-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 32

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 7

Total Signals / Votes : 39

Stockchase rating for Magna Int'l. (A) 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 Int'l. (A)(MG-T) Frequently Asked Questions

What is Magna Int'l. (A) stock symbol?

Magna Int'l. (A) is a Canadian stock, trading under the symbol MG-T on the Toronto Stock Exchange (MG-CT). It is usually referred to as TSX:MG or MG-T

Is Magna Int'l. (A) a buy or a sell?

In the last year, 39 stock analysts published opinions about MG-T. 32 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Magna Int'l. (A).

Is Magna Int'l. (A) a good investment or a top pick?

Magna Int'l. (A) was recommended as a Top Pick by on . Read the latest stock experts ratings for Magna Int'l. (A).

Why is Magna Int'l. (A) 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 Int'l. (A) worth watching?

39 stock analysts on Stockchase covered Magna Int'l. (A) In the last year. It is a trending stock that is worth watching.

What is Magna Int'l. (A) stock price?

On 2022-01-19, Magna Int'l. (A) (MG-T) stock closed at a price of $105.99.

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