Last $1,628 MXN
Change Today -18.50 / -1.12%
Volume 14.0K
MGAN On Other Exchanges
Symbol
Exchange
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As of 4:09 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

magna international inc (MGAN) Snapshot

Open
$1,628
Previous Close
$1,646
Day High
$1,628
Day Low
$1,628
52 Week High
02/25/15 - $1,646
52 Week Low
10/10/14 - $1,171
Market Cap
333.9B
Average Volume 10 Days
1.5K
EPS TTM
--
Shares Outstanding
205.2M
EX-Date
03/11/15
P/E TM
--
Dividend
$1.76
Dividend Yield
1.24%
Current Stock Chart for MAGNA INTERNATIONAL INC (MGAN)

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magna international inc (MGAN) Details

Magna International Inc. develops, manufactures, engineers, supplies, and sells automotive products. It operates through North America, Europe, Asia, and Rest of World segments. The company offers body, chassis, and renewable energy systems; powertrain systems, such as driveline systems, fluid pressure and controls, metal-forming solutions, and engineering services and system integration solutions; and exterior systems consisting of front and rear end fascia systems, exterior trims, modular systems, class A composite panels, structural components under hood and underbody components, and sheet molding compound materials. It also provides seating systems, including complete seating systems, mechanism and hardware solutions, specialty mechanism solutions, and seat structures, as well as foam and trim products; interior systems, such as sidewall and trim, cockpit, cargo management, and overhead systems; fuel, battery, and roof systems; and vision systems comprising interior and exterior mirrors, actuators, electronic vision systems, and door handle and overhead console systems. In addition, the company offers closure systems comprising door modules, window systems, power closure systems, latching systems, handle assemblies, driver controls, obstacle detection systems, engineering glasses, and sealing systems, as well as testing services for window regulators, wiper systems, door modules, cables, door latches, and closures. Further, it provides electronic systems, including eyeris - driver assistance systems, intelligent power systems, body electronics and HMI, engine electronics and liquid sensors, as well as industrial products, such as joysticks and electronic units for fork lifts; and vehicle engineering and contract manufacturing services. The company was founded in 1957 and is headquartered in Aurora, Canada.

131,000 Employees
Last Reported Date: 02/25/15
Founded in 1957

magna international inc (MGAN) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $325.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $325.0K
President of Magna Europe
Total Annual Compensation: $275.6K
Chief Legal Officer and Executive Vice Presid...
Total Annual Compensation: $325.0K
Chief Operating Officer of Exteriors, Interio...
Total Annual Compensation: $325.0K
Compensation as of Fiscal Year 2013.

magna international inc (MGAN) Key Developments

Magna International Inc. Declares Quarterly Dividend for the Quarter Ended December 31, 2014, Payable on March 27, 2015

The board of directors of Magna International Inc. declared a quarterly dividend with respect to outstanding common shares for the quarter ended December 31, 2014. The board increased the dividend by 16% to $0.44 per share ($0.22 per share after giving effect to the two-for-one stock split referred to above). This dividend is payable on March 27, 2015 to shareholders of record on March 13, 2015.

Magna International Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year and Production Results for the Year Ended December 31, 2014; Provides Earnings and Production Guidance for the Year 2015

Magna International Inc. reported unaudited consolidated earnings results for the fourth quarter and full year and production results for the year ended December 31, 2014. For the quarter, sales were $9,396 million against $9,174 million last year. Adjusted EBIT was $712 million against $607 million a year ago. Income from operations before income taxes was $677 million against $514 million a year ago. Net income attributable to the company was $509 million or $2.44 per diluted share against $458 million or $2.03 per diluted share last year. For the fourth quarter ended December 31, 2014, the company generated cash from operations of $881 million. Total investment activities for the fourth quarter of 2014 were $716 million, including $670 million in fixed asset additions, $23 million in investments and other assets and $23 million to purchase subsidiaries. For the year, sales were $36,641 million against $34,835 million last year. This higher sales level was a result of increases in North American, European and Asian production sales as well as complete vehicle assembly sales and tooling, engineering and other sales partially offset by lower Rest of World production sales. Adjusted EBIT was $2,632 million against $2,065 million a year ago. Income from operations before income taxes was $2,539 million against $1,905 million a year ago. Net income attributable to the company was $1,882 million or $8.69 per diluted share against $1,561 million or 6.76 per diluted share last year. For the year ended December 31, 2014, the company generated cash from operations before changes in operating assets and liabilities of $3.04 billion, and used $245 million in operating assets and liabilities. Total investment activities for 2014 were $1.78 billion, including $1.59 billion in fixed asset additions, a $175 million increase in investments and other assets and $23 million to purchase subsidiaries. For the year ended December 31, 2014, North American light vehicle production increased 5% in 2014 to 17.0 million units, and European light vehicle production rose 4% to 20.1 million units. For the year of 2015, the total sales are expected to be in the range of $33.1 billion to $34.8 billion. Operating margin is expected low to mid 7% range. Tax rate is expected to be in the range of 25% to 26%. Capital spending is expected to be in the range of $1.4 billion to $1.6 billion. This is a decline from the $1.5 billion to $1.7 billion range in January outlook due entirely to currency movements. For the year of 2015, Light vehicle production is expected to be 17.4 million units in North America and 20.4 million units in Europe.

Magna Seeks Acquisitions

Magna International Inc. (TSX:MG) is looking for acquisition opportunities. Magna expect that existing leases will either be renewed or replaced, or alternatively, Magna will incur capital expenditures to acquire equivalent capacity.

 

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MGAN Competitors

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Company Last Change
Cummins Inc $142.23 USD 0.00
Delphi Automotive PLC $78.84 USD -0.22
Hyundai Mobis Co Ltd 249,500 KRW 0.00
Johnson Controls Inc $50.81 USD -0.15
ThyssenKrupp AG €23.68 EUR +0.26
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Industry Analysis

MGAN

Industry Average

Valuation MGAN Industry Range
Price/Earnings 12.6x
Price/Sales 0.6x
Price/Book 2.6x
Price/Cash Flow 8.1x
TEV/Sales 0.5x
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