Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Magna International Inc. (T:MG)

Business Focus: Auto, Truck & Motorcycle Parts (NEC)

INK Edge Outlook

This company is also listed in the United States as MGA on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings..

Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for MG within the last 6 months
Loading...
See all filings within the past 6 months

Company News

Mar 05, 2024 17:10 ET
Magna Announces Senior Notes Offering
Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an underwriting agreement in respect of the offering of U.S.$400 million aggregate principal amount of senior unsecured notes due 2029 (the “notes”). The notes...
Read full article
Mar 05, 2024 07:30 ET
General Motors, Magna, and Wipro Team Up to Develop Automotive Software Marketplace: ‘SDVerse’
General Motors (GM), global automotive supplier Magna, and leading technology services and consulting company Wipro Limited, have teamed up to develop a B2B sales platform for buying and selling automotive software. The platform, called SDVerse,...
Read full article
See more news stories

Valuation Ratios

Industry
Sector
Beta
1.71
--
--
Price to Sales - TTM
0.37
0.63
2.13
Price to Book - most recent quarter
1.31
1.14
1.93
Price to Cash Flow per share - TTM
5.46
6.17
7.89
Price to Free Cash Flow per share - TTM
123.01
7.97
16.54
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Mar 15, 20243,601,2801,653,407
Feb 29, 20241,947,873-481,067
Feb 15, 20242,428,940-560,841
See Short Report

Business Summary

Sector:  Consumer Cyclicals Industry:  Auto, Truck & Motorcycle Parts

Magna International Inc. is a Canada-based global automotive supplier. The Company has complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting, and roof systems. Its Veoneer Active Safety provides sensor, software and systems engineering solutions to a range of customers. The Company's segments include Body Exteriors & Structures; Power & Vision; Seating Systems; and Complete Vehicles. Its Body Exteriors & Structures include body structures, chassis structures, exterior, energy storage systems and other. Its Power & Vision products include electrified powertrain technologies, powertrain subsystems and other. Its Complete Vehicles consist of complete vehicle engineering and complete vehicle manufacturing. The Company's global network includes 341 manufacturing operations and 88 product development.

See business summary

 

Twitter

Search (past week) for $MG.CA

  • No tweets found