A new trading day began on Tuesday, with Magna International Inc. (NYSE: MGA) stock price down -1.73% from the previous day of trading, before settling in for the closing price of $49.63. MGA’s price has ranged from $46.71 to $65.27 over the past 52 weeks.
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Consumer Cyclical Sector giant saw their annual sales surged by 1.59% over the last five years. Meanwhile, its annual earnings per share averaged 9.52%. With a float of $268.53 million, this company’s outstanding shares have now reached $286.55 million.
The firm has a total of 179000 workers. Let’s measure their productivity.
Magna International Inc. (MGA) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Parts Industry. The insider ownership of Magna International Inc. is 6.53%, while institutional ownership is 69.91%.
Magna International Inc. (MGA) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.00 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.00% during the next five years compared to -8.63% drop over the previous five years of trading.
Magna International Inc. (NYSE: MGA) Trading Performance Indicators
Here are Magna International Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.33. Likewise, its price to free cash flow for the trailing twelve months is 23.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.23, a number that is poised to hit 1.25 in the next quarter and is forecasted to reach 7.27 in one year’s time.
Technical Analysis of Magna International Inc. (MGA)
Analysing the last 5-days average volume posted by the [Magna International Inc., MGA], we can find that recorded value of 0.98 million was lower than the volume posted last year of 1.29 million. As of the previous 9 days, the stock’s Stochastic %D was 6.23%. Additionally, its Average True Range was 1.21.
During the past 100 days, Magna International Inc.’s (MGA) raw stochastic average was set at 4.15%, which indicates a significant decrease from 7.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.41% in the past 14 days, which was lower than the 29.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.89, while its 200-day Moving Average is $55.55. Now, the first resistance to watch is $49.35. This is followed by the second major resistance level at $49.93. The third major resistance level sits at $50.47. If the price goes on to break the first support level at $48.23, it is likely to go to the next support level at $47.69. Should the price break the second support level, the third support level stands at $47.11.
Magna International Inc. (NYSE: MGA) Key Stats
With a market capitalization of 14.01 billion, the company has a total of 287,280K Shares Outstanding. Currently, annual sales are 42,797 M while annual income is 1,213 M. The company’s previous quarter sales were 10,454 M while its latest quarter income was 271,000 K.
