Magna International Inc is on the rise, reflecting positive investor sentiment and strong fundamentals.
In the latest trading session, Magna International Inc (MG.TO) saw its stock price increase by 1.45%, closing at CA$94.46. This uptick comes as the company continues to showcase robust earnings potential and a favorable market outlook.
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Magna International Inc
MG.TO
MG.TO
Magna International Inc
WealthAwesomeMarket cap
$24.71B
P/E
27.0x
52W high
$96.00
52W low
$54.04
1W change
+4.47%
Beta
1.86
Analyst Price Targets
Based on analyst covering MG
Wall Street analysts forecast MG stock price to fall 1.4% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$91.84
-1.4% Upside
Current Price
C$93.11
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MG's historical volatility
30-Day Vol
30.5%
Annualized
90-Day Vol
34.7%
Annualized
Trend (90d)
+39.6%
Annualized drift
90d Mean
C$107.24
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$97.60 | C$87.86 โ C$108.42 |
| 60 trading days | C$102.31 | C$88.18 โ C$118.70 |
| 90 trading days | C$107.24 | C$89.39 โ C$128.65 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: With a positive Earnings ESP and a history of beating estimates, Magna International Inc is positioned for potential continued growth, making it an attractive option for investors looking for stability in the automotive supply sector.
1.45% Increase in Stock Price
Magna International Inc's stock gained 1.45% in the last trading session, reflecting growing investor confidence.
Bull case
Magna has consistently outperformed earnings expectations, averaging a surprise of 28.54% over the past two quarters. Analysts are optimistic about its upcoming earnings report and expect it to beat estimates again.
Bear case
Despite the positive outlook, analysts currently rate Magna's stock as a Hold. This suggests that investors should be cautious, as market conditions can change quickly.
Strong Earnings Potential
Magna International has a solid track record of exceeding earnings estimates, with a notable surprise of 36.63% in its most recent report. Analysts are bullish about the company's upcoming earnings, expecting it to report higher than the consensus estimate.
Market Position and Growth
As one of the largest auto suppliers globally, Magna operates in 28 countries and has a strong manufacturing footprint. Analysts predict earnings growth of 19.9% in 2026, further solidifying its position in the market.
Dividend and Valuation
With a dividend yield of 2.16% and a P/E ratio of 27.63, Magna International remains an attractive option for investors seeking both growth and income. Its current valuation suggests it may be undervalued compared to its earnings potential.
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