Analysts rate Magna International with a consensus Buy rating and a 12-month average Target price of $87.00 per share.
BMO Financial downgraded Magna International to Market Perform from Outperform, and cut the target from $89 to $63.
Based on the Magna International Inc stock forecasts from 8 analysts, the average analyst target price for Magna International Inc is USD 87.55 over the next 12 months. Magna International Inc’s average analyst rating is. Stock Target Advisor’s own stock analysis of Magna International Inc is Slightly Bullish, which is based on 7 positive signals and 4 negative signals. At the last closing, Magna International Inc’s stock price was USD 57.27. Magna International Inc’s stock price has changed by -17.00% over the past week, -22.86% over the past month and -35.36% over the last year.
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
What we like:
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Superior risk-adjusted returns
This stock has performed well, on a risk-adjusted basis, compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile.
Superior total returns
The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.
High dividend returns
The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on a total return basis, for investors seeking high-income yields.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
Superior Dividend Growth
This stock has shown top quartile dividend growth in the previous 5 years compared to its sector
What we don’t like:
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Overpriced compared to book value
The stock is trading high compared to its peers’ median on a price to book value basis.
Overpriced on a cash flow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering buying.
Low Revenue Growth
This stock has shown below median revenue growth in the previous 5 years compared to its sector.