Magna International (MGA) Competitors

$49.76
+0.45 (+0.91%)
(As of 04/23/2024 ET)

MGA vs. ALV, GNTX, BWA, LEA, ALSN, MOD, LKQ, RIVN, OSK, and NIO

Should you be buying Magna International stock or one of its competitors? The main competitors of Magna International include Autoliv (ALV), Gentex (GNTX), BorgWarner (BWA), Lear (LEA), Allison Transmission (ALSN), Modine Manufacturing (MOD), LKQ (LKQ), Rivian Automotive (RIVN), Oshkosh (OSK), and NIO (NIO). These companies are all part of the "auto/tires/trucks" sector.

Magna International vs.

Magna International (NYSE:MGA) and Autoliv (NYSE:ALV) are both auto/tires/trucks companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, institutional ownership, community ranking, dividends, profitability, earnings, valuation and media sentiment.

Autoliv has a net margin of 4.66% compared to Magna International's net margin of 2.83%. Autoliv's return on equity of 27.13% beat Magna International's return on equity.

Company Net Margins Return on Equity Return on Assets
Magna International2.83% 13.15% 4.91%
Autoliv 4.66%27.13%8.57%

Magna International has higher revenue and earnings than Autoliv. Magna International is trading at a lower price-to-earnings ratio than Autoliv, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Magna International$42.80B0.33$1.21B$4.2211.79
Autoliv$10.48B0.92$488M$5.7520.52

Magna International currently has a consensus target price of $62.50, indicating a potential upside of 25.60%. Autoliv has a consensus target price of $118.60, indicating a potential upside of 0.52%. Given Magna International's higher possible upside, equities research analysts clearly believe Magna International is more favorable than Autoliv.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Magna International
0 Sell rating(s)
11 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.27
Autoliv
0 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.36

Magna International received 162 more outperform votes than Autoliv when rated by MarketBeat users. Likewise, 64.32% of users gave Magna International an outperform vote while only 48.61% of users gave Autoliv an outperform vote.

CompanyUnderperformOutperform
Magna InternationalOutperform Votes
705
64.32%
Underperform Votes
391
35.68%
AutolivOutperform Votes
543
48.61%
Underperform Votes
574
51.39%

67.5% of Magna International shares are owned by institutional investors. Comparatively, 69.6% of Autoliv shares are owned by institutional investors. 0.5% of Magna International shares are owned by company insiders. Comparatively, 0.2% of Autoliv shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

In the previous week, Magna International had 6 more articles in the media than Autoliv. MarketBeat recorded 14 mentions for Magna International and 8 mentions for Autoliv. Autoliv's average media sentiment score of 0.82 beat Magna International's score of 0.31 indicating that Autoliv is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Magna International
4 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Autoliv
5 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Magna International pays an annual dividend of $1.90 per share and has a dividend yield of 3.8%. Autoliv pays an annual dividend of $2.72 per share and has a dividend yield of 2.3%. Magna International pays out 45.0% of its earnings in the form of a dividend. Autoliv pays out 47.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Magna International is clearly the better dividend stock, given its higher yield and lower payout ratio.

Magna International has a beta of 1.69, suggesting that its stock price is 69% more volatile than the S&P 500. Comparatively, Autoliv has a beta of 1.72, suggesting that its stock price is 72% more volatile than the S&P 500.

Summary

Autoliv beats Magna International on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MGA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MGA vs. The Competition

MetricMagna InternationalMotor vehicle parts & accessories IndustryAuto SectorNYSE Exchange
Market Cap$14.30B$3.10B$13.88B$17.43B
Dividend Yield3.93%4.30%2.58%3.58%
P/E Ratio11.7926.8414.3623.84
Price / Sales0.337.8713.4210.59
Price / Cash4.388.139.9714.97
Price / Book1.162.345.885.01
Net Income$1.21B$161.63M$1.16B$963.51M
7 Day Performance4.01%2.71%0.91%2.52%
1 Month Performance-9.23%-6.78%-8.06%-1.85%
1 Year Performance-6.41%-6.76%-10.28%90.34%

Magna International Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALV
Autoliv
3.9493 of 5 stars
$117.99
+0.6%
$117.82
-0.1%
+35.5%$9.61B$10.48B20.5270,300Upcoming Earnings
Analyst Report
Positive News
GNTX
Gentex
3.9345 of 5 stars
$34.66
+1.2%
$37.83
+9.2%
+29.5%$8.02B$2.30B18.846,245Upcoming Earnings
BWA
BorgWarner
4.73 of 5 stars
$33.34
+0.8%
$44.30
+32.9%
-31.9%$7.66B$14.20B12.4939,900Positive News
LEA
Lear
4.4574 of 5 stars
$133.53
-0.4%
$162.44
+21.7%
+0.8%$7.60B$23.47B13.79186,600Upcoming Earnings
Analyst Downgrade
ALSN
Allison Transmission
3.814 of 5 stars
$79.74
+0.8%
$65.88
-17.4%
+72.0%$6.99B$3.04B10.723,700Upcoming Earnings
MOD
Modine Manufacturing
3.0616 of 5 stars
$89.02
+2.9%
$97.67
+9.7%
+318.9%$4.65B$2.30B21.0011,300
LKQ
LKQ
4.8158 of 5 stars
$41.65
-14.9%
$63.50
+52.5%
-26.4%$11.11B$13.87B11.9049,000Earnings Report
Dividend Announcement
Analyst Report
News Coverage
Gap Down
High Trading Volume
RIVN
Rivian Automotive
3.2092 of 5 stars
$9.04
+2.8%
$19.61
+116.9%
-26.2%$8.84B$4.43B-1.5716,790
OSK
Oshkosh
4.217 of 5 stars
$120.43
+0.7%
$120.25
-0.1%
+54.3%$7.90B$9.66B13.2617,300Upcoming Earnings
NIO
NIO
1.7138 of 5 stars
$4.02
+0.5%
$8.43
+109.6%
-51.7%$6.91B$7.83B-2.3032,820Gap Down

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This page (NYSE:MGA) was last updated on 4/24/2024 by MarketBeat.com Staff

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