|Bid||62.66 x 800|
|Ask||62.67 x 800|
|Day's range||62.31 - 63.10|
|52-week range||44.40 - 67.47|
|PE ratio (TTM)||10.11|
|Forward dividend & yield||1.32 (2.02%)|
|1y target est||71.22|
Customers show a distinct shift in their preferences for trucks and SUVs. Automakers are reorienting their programs and strategies to respond to the situation.
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Magna International Inc (TSX:MG) due to its excellent fundamentals in moreRead More...
With an aim to strengthen footprint in China, Magna (MGA) forms two joint ventures with BAIC's Beijing Electric Vehicle to manufacture EVs.
Magna today announced its intention to form two new joint ventures with Beijing Electric Vehicle Co. Ltd (BJEV) for complete vehicle manufacturing as well as engineering of electric vehicles. BJEV, a subsidiary of the BAIC Group for electric cars, and Magna, a global automotive supplier and the world’s leading brand-independent vehicle contract manufacturer, gathered today to sign term sheets for the new joint ventures.
Magna (MGA) partners with MI-based May Mobility to co-develop self-driving electric shuttle, which is scheduled to be introduced in June 2018.
One of the auto industry’ s first 48- volt mild-hybrid transfer cases Achieves up to 10% CO2 savings compared to a two-wheel drive system Can be easily integrated into existing drivetrains. SAILAUF, ...
Getting around in crowded city streets of America is about to get a little easier. May Mobility, an Ann Arbor, Michigan startup building self-driving shuttles, has partnered with Magna (MGA), a mobility technology company and one of the world’s largest automotive suppliers, to retrofit and scale up May Mobility’s unique fleet of self-driving shuttles set to enter the US market. This partnership is an industry-first, with Magna retrofitting low-speed self-driving micro transit electric vehicles from the chassis up. “Magna is pleased to work with a company like May Mobility to help support new mobility in city centers,” said Swamy Kotagiri, Magna Chief Technology Officer.
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Over the past 10 years, Magna International Inc (TSX:MG) hasRead More...
Genuine Parts' (GPC) Alliance Automotive Group to acquire German Hennig Fahrzeugteile Group. This acquisition is in line with the company's global growth strategy through acquisitions.
Magna adds to its contract vehicle manufacturing line-up in Graz, Austria, with the addition of the new BMW Z4. Production is scheduled to begin at the end of 2018. This business further strengthens Magna's position as the world's leading brand-independent vehicle contract manufacturer. "Our expertise in complete vehicle engineering and production makes us unique and the ideal partner for the industry," says Günther Apfalter, President of Magna Europe and Magna Steyr.
Zacks.com highlights: Westlake Chemical, MKS Instruments, Anthem, Magna International and Tetra Tech
Magna International (MGA) is a pretty good value pick, as it has decent revenue metrics to back up its earnings and is seeing solid earnings estimate revisions as well.
NEW YORK, June 01, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Esperion ...
For automakers, two key customer satisfaction considerations are the feel of a car’s door when opening and closing and the quietness of the cabin. Magna recently developed the Comfort+TM door latch to address both concerns and has secured its first production contract to supply the new type of latch to a European automaker. Comfort+ turns sliding friction into rolling friction within the mechanics of the door latch, which significantly reduces the efforts required to open and close a car door and results in a smooth, consistent feel.
Standard Motor (SMP) announces the addition of 123 new part numbers in its Standard and Intermotor lines to expand its offerings.
Meritor (MTOR) opens fourth North American Distribution Center in Mississauga, Ontario, to simplify business transactions and enhance customer satisfaction.
The Zacks Analyst Blog Highlights: Western Digital, Magna International, Nucor, Sony and Caterpillar