Magna
Search documents
Here's Why Magna (MGA) is a Strong Growth Stock
ZACKS· 2026-02-23 15:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Za ...
Kraken acquires Magna as crypto deals in 2026 expected to smash $37bn record
Yahoo Finance· 2026-02-18 22:31
Payward, the parent company of US crypto exchange Kraken, has bought token management platform Magna for an undisclosed amount. Payward said Wednesday that the deal would help Kraken offer more than just trading infrastructure. Moving forward, the exchange would feature a “fully verticalised product suite.” “This acquisition accelerates Kraken’s evolution into a platform where issuers, builders, and investors can rely on institutional-grade infrastructure from inception through scale,” Kraken’s head of ...
Kraken 宣布收购代币管理平台 Magna
Xin Lang Cai Jing· 2026-02-18 16:14
(来源:吴说) Kraken 宣布收购代币管理平台 Magna,交易已于上周五完成,条款未披露。Magna 帮助加密公司管理 代币分配,Kraken 联合首席执行官 Arjun Sethi 表示,此举支持早期代币发行方,并在代币流动性阶段 提供服务。此为 Kraken 过去一年第六笔收购。Kraken 于 2025 年 11 月保密提交 IPO 申请,并于 2026 年 2 月披露部分 2025 年财务数据,正持续扩展产品线以准备上市。(Fortune) ...
Prospective Kraken IPO Just Became More Attractive
Yahoo Finance· 2026-02-18 15:44
Kraken, one of the largest US-based crypto exchanges, has acquired the token management platform Magna. The move marks another step in its aggressive expansion as it prepares for an initial public offering (IPO). Kraken Acquires Magna Amid US IPO Push The terms of the acquisition, which closed Friday, were not disclosed. Still, this marks Kraken’s sixth deal in the past year. Others include: $1.5 billion purchase of US futures platform NinjaTrader in March Acquisitions of tokenized stock provider Bac ...
Seeing Machines 'harvest season has arrived' says broker
Yahoo Finance· 2026-02-18 12:14
Seeing Machines 'harvest season has arrived' says broker Proactive uses images sourced from Shutterstock After Seeing Machines Ltd said first-half revenue is expected to fall 7.5% year on year, broker Stifel said the decline in non-recurring engineering income “doesn't make good headlines” but signals that the “harvest season has arrived”. Stifel reiterated its 10.5p target price and said investors should “make the most of the current weakness”. The fall in revenue is due to services work easing and Af ...
These Analysts Boost Their Forecasts On Magna International Following Upbeat Q4 Results
Benzinga· 2026-02-17 17:06
Core Viewpoint - Magna International, Inc. reported stronger-than-expected fourth-quarter results, with adjusted earnings per share of $2.18, surpassing analyst expectations of $1.79, and quarterly sales of $10.84 billion, which is a 2% year-over-year increase, exceeding the anticipated $10.495 billion [1] Group 1: Financial Performance - The company expects fiscal 2026 adjusted earnings per share to be between $6.25 and $7.25, compared to analysts' estimate of $5.99 [1] - Magna International lowered its fiscal 2026 sales outlook to a range of $41.9 billion to $43.5 billion, down from a previous forecast of $48.8 billion to $51.2 billion, while analysts were expecting $42.141 billion in sales [2] Group 2: Capital Allocation and Market Reaction - The CEO indicated that capital spending is expected to remain below historical levels, which will lead to strong Free Cash Flow that will be used for share repurchases under the current buyback authorization [3] - Following the earnings announcement, Magna International shares dipped 3.1% to trade at $66.65 [3] Group 3: Analyst Ratings and Price Targets - Analysts have adjusted their price targets for Magna International after the earnings announcement, with Evercore ISI Group maintaining an In-Line rating and raising the price target from $52 to $66 [4][5] - Barclays analyst maintained an Equal-Weight rating and increased the price target from $58 to $67 [5]
Magna International Q4 Earnings Surpass Expectations, Dividend Raised
ZACKS· 2026-02-16 20:16
Core Insights - Magna International (MGA) reported fourth-quarter 2025 adjusted earnings of $2.18 per share, an increase from $1.69 in the same quarter last year, surpassing the Zacks Consensus Estimate of $1.81 [1] - Net sales rose 2% year over year to $10.85 billion, exceeding the Zacks Consensus Estimate of $10.48 billion [1] Segmental Performance - The Body Exteriors & Structures segment generated revenues of $4.25 billion, up 4.6% year over year, driven by higher production on ongoing and new programs, as well as foreign currency appreciation, surpassing the Zacks Consensus Estimate of $4.1 billion [2] - Adjusted EBIT for this segment increased to $465 million from $371 million year over year, exceeding the Zacks Consensus Estimate of $365.22 million due to enhanced productivity and efficiency [3] - The Power & Vision segment's revenues grew 1.5% year over year to $3.84 billion, also benefiting from higher production and foreign currency appreciation, surpassing the Zacks Consensus Estimate of $3.8 billion [4] - However, adjusted EBIT for the Power & Vision segment fell from $235 million to $166 million, missing the Zacks Consensus Estimate of $269.2 million due to an unfavorable product mix and increased warranty and production costs [5] - Revenues from the Seating Systems segment rose 8.1% year over year to $1.63 billion, exceeding the Zacks Consensus Estimate of $1.48 billion, driven by new program launches and currency strength [5] - Adjusted EBIT for the Seating Systems segment increased to $136 million from $67 million year over year, surpassing the Zacks Consensus Estimate of $89 million due to productivity improvements and lower warranty costs [6] - The Complete Vehicles segment saw revenues decrease by 10.1% year over year to $1.26 billion, attributed to lower engineering revenues and the end of production for certain models, but still outpacing the Zacks Consensus Estimate of $1.24 billion [7] - Adjusted EBIT for the Complete Vehicles segment decreased to $50 million from $56 million year over year, exceeding the Zacks Consensus Estimate of $39.62 million despite lower income from engineering sales [8] Financial Overview - As of December 31, 2025, Magna had $1.61 billion in cash and cash equivalents, up from $1.25 billion a year earlier, while long-term debt increased to $4.69 billion from $4.13 billion [9] - Cash provided from operating activities totaled $1.98 billion, an increase from $1.91 billion year over year [9] - The company raised its quarterly dividend by 2% to 49.50 cents per common share, payable on March 13, 2026, to shareholders of record as of February 27, 2026 [10] 2026 Guidance - Magna expects 2026 revenues to be between $41.9 billion and $43.5 billion, compared to $42.01 billion in 2025, with an adjusted EBIT margin projected between 6% and 6.6% [12] - Adjusted diluted EPS is anticipated to be in the range of $6.25 to $7.25, up from $5.73 reported in 2025, with capital expenditures guided between $1.5 billion and $1.6 billion [12]
Why Magna (MGA) is a Top Momentum Stock for the Long-Term
ZACKS· 2026-02-16 15:51
Company Overview - Magna International Inc. is a mobility technology company and global automotive supplier based in Aurora, Canada, offering comprehensive vehicle engineering and contract manufacturing expertise [11] - The company's product capabilities include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting, and roof systems, along with extensive electronic and software expertise [11] Investment Ratings - Magna has a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating a solid overall rating [12] - The company has a Momentum Style Score of B, with shares increasing by 25.4% over the past four weeks [12] Earnings Estimates - For fiscal 2026, two analysts have revised their earnings estimates upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.06 to $6.05 per share [12] - Magna boasts an average earnings surprise of +8.9%, suggesting a positive trend in earnings performance [12] Investment Consideration - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Magna should be on investors' short lists for potential investment opportunities [13]
Rivian, Magna International, And Akamai Are Among the Top 10 Large-Cap Gainers Last Week (Feb. 9-Feb. 13): Are the Others in Your Portfolio? - Akamai Technologies (NASDAQ:AKAM), BorgWarner (NYSE:BWA),
Benzinga· 2026-02-15 14:32
Group 1: Stock Performances - Magna International, Inc. (NYSE:MGA) shares gained 26.81% after reporting better-than-expected fourth-quarter financial results and issuing FY26 adjusted EPS guidance above estimates [1] - Generac Holdings Inc. (NYSE:GNRC) jumped 22.25% following its fourth-quarter financial results, with Barclays analyst raising the price forecast from $186 to $213 [2] - Solstice Advanced Materials Inc. (NASDAQ:SOLS) increased 20.51% after multiple analyst firms raised their respective price forecasts [2] - BorgWarner Inc. (NYSE:BWA) gained 20.15% after reporting better-than-expected fourth-quarter financial results and signing a master supply agreement with TurboCell [3] - Texas Pacific Land Corporation (NYSE:TPL) soared 17.64% this week [3] - QXO, Inc. (NYSE:QXO) gained 17.75% after announcing its acquisition of Kodiak Building Partners [3] - Akamai Technologies, Inc. (NASDAQ:AKAM) increased 17.64% with DA Davidson analyst maintaining a Buy rating and raising the price forecast from $115 to $125 [4] - Smurfit WestRock (NYSE:SW) soared 16.81% after reporting fourth-quarter financial results and receiving multiple price forecast increases from analysts [4]
Magna International Stock: Improved Positioning and Efficiency Drive Results (NYSE:MGA)
Seeking Alpha· 2026-02-14 13:30
Core Viewpoint - The article emphasizes the investment philosophy focused on identifying mispriced securities through understanding the financial drivers of companies, often revealed by a DCF model valuation [1]. Group 1: Investment Philosophy - The investment approach is centered on small cap companies across US, Canadian, and European markets [1]. - The methodology allows for flexibility beyond traditional investment categories such as value, dividend, or growth investing, considering all prospects of a stock to assess risk-to-reward [1].