Magna International Inc (NYSE: MGA) kicked off on Friday, up 2.41% from the previous trading day, before settling in for the closing price of $40.20. Over the past 52 weeks, MGA has traded in a range of $38.01-$59.37.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 2.82%. While this was happening, its average annual earnings per share was recorded -4.29%. 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
Our next focus will be how large-scale investors are participating in this stock of the Auto Parts Industry. The insider ownership of Magna International Inc is 6.60%, while institutional ownership is 70.74%.
Magna International Inc (MGA) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -4.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.51% 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
Take a look at Magna International Inc’s (MGA) current performance indicators. Last quarter, 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 0.28. Likewise, its price to free cash flow for the trailing twelve months is 13.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.75, a number that is poised to hit 1.53 in the next quarter and is forecasted to reach 5.90 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 1.49 million, which is a jump from its year-to-date volume of 1.23 million. As of the previous 9 days, the stock’s Stochastic %D was 55.93%. Additionally, its Average True Range was 1.04.
During the past 100 days, Magna International Inc’s (MGA) raw stochastic average was set at 34.02%, which indicates a significant decrease from 59.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.19% in the past 14 days, which was lower than the 31.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.99, while its 200-day Moving Average is $43.31. However, in the short run, Magna International Inc’s stock first resistance to watch stands at $41.35. Second resistance stands at $41.53. The third major resistance level sits at $41.73. If the price goes on to break the first support level at $40.97, it is likely to go to the next support level at $40.77. Now, if the price goes above the second support level, the third support stands at $40.59.
Magna International Inc (NYSE: MGA) Key Stats
The company with the Market Capitalisation of 11.83 billion has total of 282,876K Shares Outstanding. Its annual sales at the moment are 42,797 M in contrast with the sum of 1,213 M annual income. Company’s last quarter sales were recorded 10,280 M and last quarter income was 484,000 K.
