Magna Int'l. (A)

MG-T

TSE:MG

61.44
0.27 (0.44%)
Magna International Inc. is a Canadian global automotive supplier headquartered in Aurora, Ontario, Canada.
More at Wikipedia

Analysis and Opinions about MG-T

Signal
Opinion
Expert
WATCH
WATCH
October 18, 2019

A downtrend has been in place since 2017 for LNR-T. It has shown a little relative strength against the S&P recently. Also, another bullish indicator is forming so it should be watched. He is trying to acquire MG-T, if it can break above $50.

Show full opinionHide full opinion
Magna Int'l. (A) (MG-T)
October 18, 2019

A downtrend has been in place since 2017 for LNR-T. It has shown a little relative strength against the S&P recently. Also, another bullish indicator is forming so it should be watched. He is trying to acquire MG-T, if it can break above $50.

BUY
BUY
September 23, 2019
It is an incredibly well run company. They make reasonable profits. Their customers are very happy with them. It is a well diversified company and they make great returns on their capital. They generate a lot of free cash flow. They are very disciplined on that. The risk is that they have no control over the auto cycle. Their margins can get quite compressed. MG-T feels they will have a higher content on electric cars than internal combustion cars.
Show full opinionHide full opinion
Magna Int'l. (A) (MG-T)
September 23, 2019
It is an incredibly well run company. They make reasonable profits. Their customers are very happy with them. It is a well diversified company and they make great returns on their capital. They generate a lot of free cash flow. They are very disciplined on that. The risk is that they have no control over the auto cycle. Their margins can get quite compressed. MG-T feels they will have a higher content on electric cars than internal combustion cars.
HOLD
HOLD
September 20, 2019
Well run with good management. A cyclical business, where car sales are flattening globally. Statistically cheap right now. There may be a 6 month trade in this. A further slowing in the economy, would not hurt this stock materially. He would look for only $3-$4 per share upside before taking profit.
Show full opinionHide full opinion
Magna Int'l. (A) (MG-T)
September 20, 2019
Well run with good management. A cyclical business, where car sales are flattening globally. Statistically cheap right now. There may be a 6 month trade in this. A further slowing in the economy, would not hurt this stock materially. He would look for only $3-$4 per share upside before taking profit.
DON'T BUY
DON'T BUY
September 4, 2019
He sold it a year ago with concerns about the economy slowing and the auto cycle peaking. Also, Magna has a dispute with an Asian joint-venture deal. And the steel tariffs didn't help. They produce things cheaply in Mexico, but sell few products down there, which is a negative, vulnerable to protectionism.
Show full opinionHide full opinion
Magna Int'l. (A) (MG-T)
September 4, 2019
He sold it a year ago with concerns about the economy slowing and the auto cycle peaking. Also, Magna has a dispute with an Asian joint-venture deal. And the steel tariffs didn't help. They produce things cheaply in Mexico, but sell few products down there, which is a negative, vulnerable to protectionism.
DON'T BUY
DON'T BUY
August 28, 2019
Long term? The auto cycle peaked and is declining. Don't own it for the yield, because auto stocks are cyclical. Be cautious here. Swings in valuation mean, don't hold these stocks for a long time, but trade them. He avoids the car space.
Show full opinionHide full opinion
Magna Int'l. (A) (MG-T)
August 28, 2019
Long term? The auto cycle peaked and is declining. Don't own it for the yield, because auto stocks are cyclical. Be cautious here. Swings in valuation mean, don't hold these stocks for a long time, but trade them. He avoids the car space.
PAST TOP PICK
PAST TOP PICK
August 26, 2019
(A Top Pick Sep 05/18, Down 6%) Trades at 7x earnings. cash easily cover its dividend. it's a growth cyclical stock. The auto space is turning over, but he expects only a mild downturn. Over the next three years, MG will generate cash flow equal to a third of the company. Pays a 3% dividend. Still likes it.
Show full opinionHide full opinion
Magna Int'l. (A) (MG-T)
August 26, 2019
(A Top Pick Sep 05/18, Down 6%) Trades at 7x earnings. cash easily cover its dividend. it's a growth cyclical stock. The auto space is turning over, but he expects only a mild downturn. Over the next three years, MG will generate cash flow equal to a third of the company. Pays a 3% dividend. Still likes it.
HOLD
HOLD
August 14, 2019
If you are a long term investor, this is the premium stock in the auto part space.
Show full opinionHide full opinion
Magna Int'l. (A) (MG-T)
August 14, 2019
If you are a long term investor, this is the premium stock in the auto part space.
DON'T BUY
DON'T BUY
August 13, 2019
The autopart space has likely peaked in the US on an annual growth basis. She would stay away.
Show full opinionHide full opinion
Magna Int'l. (A) (MG-T)
August 13, 2019
The autopart space has likely peaked in the US on an annual growth basis. She would stay away.
BUY
BUY
August 8, 2019
They just reported results. They had to trim their guidance. They will probably not do wrong by their shareholders. They buy 5% of their shares back annually. Their payout ratio is only about 20%. They know what they are doing. 7 or 8 times forward earnings. You have to have a long term outlook.
Show full opinionHide full opinion
Magna Int'l. (A) (MG-T)
August 8, 2019
They just reported results. They had to trim their guidance. They will probably not do wrong by their shareholders. They buy 5% of their shares back annually. Their payout ratio is only about 20%. They know what they are doing. 7 or 8 times forward earnings. You have to have a long term outlook.
HOLD
HOLD
July 24, 2019
There has been a slow down in the global auto market -- especially in China. It looks reasonably valued at only 6 times earnings and a yield of 3%. It trades at 1.3 times book. He would continue to hold.
Show full opinionHide full opinion
There has been a slow down in the global auto market -- especially in China. It looks reasonably valued at only 6 times earnings and a yield of 3%. It trades at 1.3 times book. He would continue to hold.
WEAK BUY
WEAK BUY
July 18, 2019
Missed earnings last quarter. Lower 2019 volumes. Concern that new technology will elevate costs. Only 1% EPS growth. Exceptionally cheap at 6x. Really good over the long term, if not the next year. (Analysts’ price target is $72.11)
Show full opinionHide full opinion
Missed earnings last quarter. Lower 2019 volumes. Concern that new technology will elevate costs. Only 1% EPS growth. Exceptionally cheap at 6x. Really good over the long term, if not the next year. (Analysts’ price target is $72.11)
DON'T BUY
DON'T BUY
July 12, 2019

Among Canadian car-parts-makers, they have the most exposure to Daimler, which just issued a weak earnings report. This sector appear to have bottomed, so maybe consider it now. He prefers Linamar, which is cheaper (offers a lower valuation) and it is not purely into cars, but also some industrial production.

Show full opinionHide full opinion

Among Canadian car-parts-makers, they have the most exposure to Daimler, which just issued a weak earnings report. This sector appear to have bottomed, so maybe consider it now. He prefers Linamar, which is cheaper (offers a lower valuation) and it is not purely into cars, but also some industrial production.

COMMENT
COMMENT
June 24, 2019
As the cycle ends. The market pays for growth and Magna had a weak Q1 and lowered guidance. M&A hasn't worked out as planned. No doubt that car sales have slowed. They're in a very cyclical business and we could be at the end of the cycle. Managers are good capital allocators and will fix their China problem. Emerging markets continue to grow and will feed demand for cars, even near the end of the peak.
Show full opinionHide full opinion
As the cycle ends. The market pays for growth and Magna had a weak Q1 and lowered guidance. M&A hasn't worked out as planned. No doubt that car sales have slowed. They're in a very cyclical business and we could be at the end of the cycle. Managers are good capital allocators and will fix their China problem. Emerging markets continue to grow and will feed demand for cars, even near the end of the peak.
WEAK BUY
WEAK BUY
June 18, 2019
It broke through the down trend back in early 2019 and had been making some motions to see a reversal. However, the recent new lows below $60 may be signalling a resumption of the longer term bear trend. Key support near $60. He would be out if that level is breached. A rally with 10-15% upside is possible.
Show full opinionHide full opinion
It broke through the down trend back in early 2019 and had been making some motions to see a reversal. However, the recent new lows below $60 may be signalling a resumption of the longer term bear trend. Key support near $60. He would be out if that level is breached. A rally with 10-15% upside is possible.
DON'T BUY
DON'T BUY
June 11, 2019
She is on the sidelines for the auto parts sector. MG-T had to reduce guidance lately with a slow down coming in Europe. Meanwhile the company is investing in expensive autonomous technology. She is staying away.
Show full opinionHide full opinion
She is on the sidelines for the auto parts sector. MG-T had to reduce guidance lately with a slow down coming in Europe. Meanwhile the company is investing in expensive autonomous technology. She is staying away.
Showing 16 to 30 of 964 entries