Magna International is a leading automotive supplier and one of largest auto parts manufacturers in the world. The company operates through a large network of 339 manufacturing and 89 product development, engineering and sales centers in 28 countries.
North America is the largest market for Magna International, accounting for nearly half of the company’s sales; Europe and Asia are the other major markets. Magna International’s key operating segments are Body Exteriors & Structures (~8% EBIT margin), Power & Vision (~10%), Seating Systems (~8%) and Complete Vehicles (~2%).
Magna is one of the largest and most respected automotive parts suppliers in the world. With over six decades of experience in the auto industry, Magna has become a popular brand today with its products found on most vehicles today.
Stock Chart & Metrics
- Ticker: tse:mg
- Sector: Consumer Cyclical
- Industry: Auto Parts
- Market Cap: 21.33B
- Market Cap Group: Large Cap
- P/E: 15.04
- Dividend Yield: 3.37%
- Grade: C
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 4/10
- Dividend Income Fit: 4/10
Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| MG | TSE:MG | Magna International | 21.33 | 15.04 | 3.37 | YES | 1 | 3 | 19 |
| LNR | TSE:LNR | Linamar | 3.55 | 7.39 | 1.53 | NO | 1 | 3 | 19 |
| UNS | TSE:UNS | Uni-Select | 2.12 | 25.33 | 0.00 | NO | 1 | 3 | 19 |
| MRE | TSE:MRE | Martinrea International | 0.95 | 4.90 | 1.65 | NO | 1 | 3 | 19 |
| XTC | TSE:XTC | Exco Technologies | 0.28 | 12.21 | 5.84 | NO | 1 | 3 | 19 |
Top Picks by Bay Street Experts
Expert stock analysts have shared their opinions, and sometimes prediction, on the company.
For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.
Not all analysts are equal and they don't cover the same type of stocks. The analysts performance and ownership is tracked for comparison.
Magna International - FAQ
What is the stock ticker for Magna International?
The stock ticker for Magna International is TSE:mg.
Is Magna International a good stock to buy?
You need to consider your investment strategy and how TSE:mg can fit in your portfolio.
The current dividend income score of 4/10 and dividend growth score of 4/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Magna International a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 44 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Magna International?
You can easily buy the MG stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.