Magna International Inc (NYSE: MGA). Meaningful negative changes in fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Significant negative changes in investment behavior have recently occurred for Magna International Inc (NYSE: MGA): negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
MGA’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Magna International has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Magna International has a very high Appreciation Score of 87 but a poor Power Rating of 15, triggering the Neutral Value Trend Rating.
Recent Price Action
Magna International Inc (NYSE: MGA) stock closed at $41.55 on 7/1/24 after a slight decline of -0.8%. However, unusually low trading volume at 62% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -1.6% during the last week.
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