Magna International Schedules Q4 2024 Earnings Call and 2025 Outlook for February 14 - StockTitan
| MG Stock | CAD 58.50 0.15 0.26% |
About 54% of Magna International's investor base is interested to short. The analysis of current outlook of investing in Magna International suggests that many traders are impartial regarding Magna International's prospects. Magna International's investing sentiment overview a quick insight into current market opportunities from investing in Magna International. Many technical investors use Magna International stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Magna International Schedules Q4 2024 Earnings Call and 2025 Outlook for February 14 StockTitan
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Magna International Fundamental Analysis
We analyze Magna International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magna International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magna International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Earnings Per Share
Earnings Per Share Comparative Analysis
Magna International is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Magna International Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Magna International stock to make a market-neutral strategy. Peer analysis of Magna International could also be used in its relative valuation, which is a method of valuing Magna International by comparing valuation metrics with similar companies.
Peers
Magna International Related Equities
| CP | Canadian Pacific | 1.29 | ||||
| FTS | Fortis | 0.78 | ||||
| CNR | Canadian National | 0.27 | ||||
| QSR | Restaurant Brands | 0.91 | ||||
| NTR | Nutrien | 1.58 |
Check out Magna International Hype Analysis, Magna International Correlation and Magna International Performance. To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.