On Tuesday, Magna International Inc. (NYSE: MGA) opened lower -3.14% from the last session, before settling in for the closing price of $42.96. Price fluctuations for MGA have ranged from $38.01 to $60.32 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 1.59%. Company’s average yearly earnings per share was noted -3.40% at the time writing. With a float of $268.36 million, this company’s outstanding shares have now reached $286.55 million.
Let’s determine the extent of company efficiency that accounts for 179000 employees. In terms of profitability, gross margin is 10.45%, operating margin of 4.73%, and the pretax margin is 3.04%.
Magna International Inc. (MGA) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Magna International Inc. is 6.60%, while institutional ownership is 72.16%.
Magna International Inc. (MGA) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -3.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.24% 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
Check out the current performance indicators for Magna International Inc. (MGA). In the past quarter, the stock posted a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.28. Likewise, its price to free cash flow for the trailing twelve months is 14.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.44, a number that is poised to hit 1.39 in the next quarter and is forecasted to reach 5.89 in one year’s time.
Technical Analysis of Magna International Inc. (MGA)
Looking closely at Magna International Inc. (NYSE: MGA), its last 5-days average volume was 1.33 million, which is a drop from its year-to-date volume of 1.58 million. As of the previous 9 days, the stock’s Stochastic %D was 33.90%. Additionally, its Average True Range was 1.14.
During the past 100 days, Magna International Inc.’s (MGA) raw stochastic average was set at 42.70%, which indicates a significant increase from 25.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.17% in the past 14 days, which was lower than the 31.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.36, while its 200-day Moving Average is $46.74. However, in the short run, Magna International Inc.’s stock first resistance to watch stands at $42.19. Second resistance stands at $42.78. The third major resistance level sits at $43.28. If the price goes on to break the first support level at $41.10, it is likely to go to the next support level at $40.60. Now, if the price goes above the second support level, the third support stands at $40.01.
Magna International Inc. (NYSE: MGA) Key Stats
There are currently 287,328K shares outstanding in the company with a market cap of 11.96 billion. Presently, the company’s annual sales total 42,797 M according to its annual income of 1,213 M. Last quarter, the company’s sales amounted to 10,958 M and its income totaled 313,000 K.
