A new trading day began on Tuesday, with Magna International Inc (NYSE: MGA) stock price up 0.88% from the previous day of trading, before settling in for the closing price of $42.05. MGA’s price has 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%. Meanwhile, its annual earnings per share averaged -4.44%. With a float of $268.38 million, this company’s outstanding shares have now reached $287.34 million.
Let’s determine the extent of company efficiency that accounts for 179000 employees. In terms of profitability, gross margin is 9.66%, operating margin of 4.75%, and the pretax margin is 3.45%.
Magna International Inc (MGA) Breakdown of a Key Holders of the stock
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 6.60%, while institutional ownership is 71.14%.
Magna International Inc (MGA) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.62% 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 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.29. Likewise, its price to free cash flow for the trailing twelve months is 13.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.75, a number that is poised to hit 1.51 in the next quarter and is forecasted to reach 5.93 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 1.23 million, which is a drop from its year-to-date volume of 1.6 million. As of the previous 9 days, the stock’s Stochastic %D was 26.16%. Additionally, its Average True Range was 1.22.
During the past 100 days, Magna International Inc’s (MGA) raw stochastic average was set at 47.88%, which indicates a significant increase from 22.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.61% in the past 14 days, which was lower than the 32.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.39, while its 200-day Moving Average is $44.49. However, in the short run, Magna International Inc’s stock first resistance to watch stands at $42.66. Second resistance stands at $42.89. The third major resistance level sits at $43.37. If the price goes on to break the first support level at $41.95, it is likely to go to the next support level at $41.47. Now, if the price goes above the second support level, the third support stands at $41.24.
Magna International Inc (NYSE: MGA) Key Stats
With a market capitalization of 12.19 billion, the company has a total of 285,117K Shares Outstanding. Currently, annual sales are 42,797 M while annual income is 1,213 M. The company’s previous quarter sales were 10,280 M while its latest quarter income was 484,000 K.