(VIANEWS) – Shares of Magna International (NYSE: MGA) slid by a staggering 12.48% to $56.53 at 10:15 EST on Friday, after five consecutive sessions in a row of losses. NYSE is jumping 0.02% to $15,831.15, after two sequential sessions in a row of losses. This seems, so far, a somewhat bullish trend exchanging session today.
Magna International’s last close was $64.59, 22.81% under its 52-week high of $83.68.
About Magna International
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors. The Power & Vision segment offers hybrid and electric drive systems, motors, inverters, onboard chargers, and e-clutch; dedicated hybrid, dual and hybrid dual, and manual transmissions; AWD/4WD products and rear drive modules; transmission, engine, driveline components, engine drive plates, and accessories; engineering services; advanced driver assistance systems and sensors, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
Earnings Per Share
As for profitability, Magna International has a trailing twelve months EPS of $2.52.
PE Ratio
Magna International has a trailing twelve months price to earnings ratio of 22.43. Meaning, the purchaser of the share is investing $22.43 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.13%.
Sales Growth
Magna International’s sales growth is 2.6% for the current quarter and negative 0.8% for the next.
Yearly Top and Bottom Value
Magna International’s stock is valued at $56.53 at 10:15 EST, way under its 52-week high of $83.68 and way higher than its 52-week low of $45.58.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 18.5% and a negative 25.8%, respectively.
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