Magna International moved -15.6% this afternoon session, trading between a high of $66.6 and a low of $64.52 per share. Yesterday the stock finished at $64.93 per share, compared to an average analyst target price of $71.5.
Magna International Inc. designs, designs and manufactures components, assemblies, systems, subsystems and modules for vehicle and light truck original equipment manufacturers worldwide. The large-cap motor vehicle parts & accessories company is based in the United States, and over the last twelve months it has returned a dividend yield of 2.77%. Magna International has trailing twelve months earnings per share (EPS) of 3.24, which at today's prices amounts to a price to earnings (P/E) ratio of 19.94.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 0.383. Usually a PEG ratio between zero and one indicates a potentially undervalued company.
MGA has a revenue per share ratio of 127.22 and an enterprise value to revenue ratio of 0.546, based on its total revenue of $37,382,001,000. The company's revenues have a year-on-year growth rate of 17.0%, compared to a YoY growth rate of 2634.0% for its earnings.