Magna International Inc (MGA) Stock Forecast & Price Target
Magna International Inc · NYSE
$68.99+1.83 (+2.72%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 13 firms covering Magna International Inc, 5 rate it Buy or better, 7 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. Targets span $52.00 to $76.00, a moderate spread. The average target of $66.15 sits 4% below the current $68.99. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.81 next quarter toward $7.58 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS13 ratings
Moderate Buy
Strong Buy00%
Buy538%
Hold754%
Sell18%
Strong Sell00%
Based on 13 analysts giving stock ratings to Magna International Inc.
As of Jul, 5 of 13 firms rate MGA a Buy (7 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
MGA EPS & revenue forecast
EPS · NEXT QUARTER
$1.81
Range $1.61 – $2.05 · 16 analysts · +36% YoY
Next period, 16 analysts expect Magna International Inc to earn $1.81 a share (range $1.61 – $2.05), versus $1.33 a year earlier. Full-year consensus is $6.78, growing to $7.58 the year after.
REVENUE · NEXT QUARTER
$10.6B
Range $10.5B – $10.9B · 16 analysts · +2% YoY
Revenue is expected to reach $10.6B (range $10.5B – $10.9B), +1.5% year-over-year. Full-year consensus is $42.4B, rising to $43.0B next year.
Top analysts covering Magna International Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MGA.
#1
Mark Delaney
Goldman Sachs · Rank #46
Sell
$52.00-24.6% to target
Overall win rate
53%
+ Follow
#2
Joseph Spak
UBS
Hold
$64.00-7.2% to target
Coverage
—
+ Follow
#3
Colin Langan
Wells Fargo
Hold
$62.00-10.1% to target
Coverage
—
+ Follow
#4
JG
Jonathan Goldman
Scotiabank
Buy
$74.00+7.3% to target
Coverage
—
+ Follow
#5
Dan Levy
Barclays
Hold
$66.00-4.3% to target
Coverage
—
+ Follow
MGA stock forecast FAQ
What is MGA's average 12-month price target?+
The 13 analysts with a live target average $66.15 for Magna International Inc over the next 12 months, ranging from a $76.00 high to a $52.00 low.
Is MGA stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 13 analyst ratings, 5 are Buy or Strong Buy, 7 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for MGA?+
The Street-high target is $76.00 (CIBC), and the Street-low is $52.00 (Goldman Sachs). The average of all 13 active targets is $66.15.
How many Wall Street analysts cover MGA?+
13 analysts have an active rating on Magna International Inc, and 13 firms carry a live 12-month price target.
Who is the most accurate analyst covering MGA?+
Among analysts who currently cover MGA, Mark Delaney of Goldman Sachs has the strongest overall Quantellect track record (Rank #46). Their current call is Sell with a $52.00 target.
What is Magna International Inc's projected EPS for next quarter?+
The consensus estimate is $1.81 per share (range $1.61 – $2.05) across 16 analysts. Full-year EPS is projected at $6.78, rising to $7.58 the following year.
How much revenue is Magna International Inc expected to report next quarter?+
Consensus revenue is $10.6B (range $10.5B – $10.9B). Full-year revenue is projected at $42.4B, growing to $43.0B next year.
Have analysts been upgrading or downgrading MGA lately?+
As of Jul, 5 of 13 firms rate MGA a Buy (7 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MGA calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
