C
Magna International Inc.
MG.TO
TSX
C
Hold
3/3/2025Downgrade
Magna International Inc. (MG.TO) was downgraded to C- from C on 3/3/2025 due to a substantial decline in the growth index, solvency index and valuation index. Earnings per share declined from $1.68 to $0.7095, and the quick ratio declined from 0.75 to 0.71.
Magna International Inc. (MG.TO) was downgraded to C- from C on 3/3/2025 due to a substantial decline in the growth index, solvency index and valuation index. Earnings per share declined from $1.68 to $0.7095, and the quick ratio declined from 0.75 to 0.71.
C
Hold
1/23/2025Upgraded
Magna International Inc. (MG.TO) was upgraded to C from C- on 1/23/2025 due to an increase in the volatility index, total return index and valuation index.
Magna International Inc. (MG.TO) was upgraded to C from C- on 1/23/2025 due to an increase in the volatility index, total return index and valuation index.
C
Hold
11/8/2024Upgraded
Magna International Inc. (MG.TO) was upgraded to C- from D+ on 11/8/2024 due to an increase in the volatility index, valuation index and growth index. Earnings per share increased from $1.0895 to $1.68, and EBIT increased 2.41% from $540M to $553M.
Magna International Inc. (MG.TO) was upgraded to C- from D+ on 11/8/2024 due to an increase in the volatility index, valuation index and growth index. Earnings per share increased from $1.0895 to $1.68, and EBIT increased 2.41% from $540M to $553M.
D
Sell
10/17/2024Downgrade
Magna International Inc. (MG.TO) was downgraded to D+ from C- on 10/17/2024 due to a decline in the volatility index.
Magna International Inc. (MG.TO) was downgraded to D+ from C- on 10/17/2024 due to a decline in the volatility index.
C
Hold
9/27/2024Upgraded
Magna International Inc. (MG.TO) was upgraded to C- from D+ on 9/27/2024 due to an increase in the volatility index and total return index.
Magna International Inc. (MG.TO) was upgraded to C- from D+ on 9/27/2024 due to an increase in the volatility index and total return index.
D
Sell
9/12/2024Downgrade
Magna International Inc. (MG.TO) was downgraded to D+ from C- on 9/12/2024 due to a decline in the volatility index.
Magna International Inc. (MG.TO) was downgraded to D+ from C- on 9/12/2024 due to a decline in the volatility index.
C
Hold
8/22/2024Upgraded
Magna International Inc. (MG.TO) was upgraded to C- from D+ on 8/22/2024 due to an increase in the volatility index, valuation index and dividend index.
Magna International Inc. (MG.TO) was upgraded to C- from D+ on 8/22/2024 due to an increase in the volatility index, valuation index and dividend index.
D
Sell
8/7/2024Downgrade
Magna International Inc. (MG.TO) was downgraded to D+ from C- on 8/7/2024 due to a substantial decline in the growth index, valuation index and volatility index. Total revenue declined 0.11% from $10.97B to $10.96B.
Magna International Inc. (MG.TO) was downgraded to D+ from C- on 8/7/2024 due to a substantial decline in the growth index, valuation index and volatility index. Total revenue declined 0.11% from $10.97B to $10.96B.
C
Hold
5/2/2024Downgrade
Magna International Inc. (MG.TO) was downgraded to C- from C on 5/2/2024 due to a large decline in the total return index, growth index and volatility index. Earnings per share declined from $1.37 to $0.94, EBIT declined 3.5% from $543M to $524M, and total revenue declined 2.19% from $10.69B to $10.45B.
Magna International Inc. (MG.TO) was downgraded to C- from C on 5/2/2024 due to a large decline in the total return index, growth index and volatility index. Earnings per share declined from $1.37 to $0.94, EBIT declined 3.5% from $543M to $524M, and total revenue declined 2.19% from $10.69B to $10.45B.
C
Hold
9/21/2023Downgrade
Magna International Inc. (MG.TO) was downgraded to C from C+ on 9/21/2023 due to a decline in the volatility index.
Magna International Inc. (MG.TO) was downgraded to C from C+ on 9/21/2023 due to a decline in the volatility index.
C
Hold
9/5/2023Upgraded
Magna International Inc. (MG.TO) was upgraded to C+ from C on 9/5/2023 due to a significant increase in the growth index, valuation index and total return index. Operating cash flow increased 140.97% from $227M to $547M, earnings per share increased from $0.73 to $1.18, and EBIT increased 40.35% from $404M to $567M.
Magna International Inc. (MG.TO) was upgraded to C+ from C on 9/5/2023 due to a significant increase in the growth index, valuation index and total return index. Operating cash flow increased 140.97% from $227M to $547M, earnings per share increased from $0.73 to $1.18, and EBIT increased 40.35% from $404M to $567M.
C
Hold
6/12/2023Upgraded
Magna International Inc. (MG.TO) was upgraded to C from C- on 6/12/2023 due to an increase in the dividend index and valuation index.
Magna International Inc. (MG.TO) was upgraded to C from C- on 6/12/2023 due to an increase in the dividend index and valuation index.
C
Hold
5/25/2023Downgrade
Magna International Inc. (MG.TO) was downgraded to C- from C on 5/25/2023 due to a major decline in the valuation index, solvency index and total return index. Debt to equity increased from 0.35 to 0.49.
Magna International Inc. (MG.TO) was downgraded to C- from C on 5/25/2023 due to a major decline in the valuation index, solvency index and total return index. Debt to equity increased from 0.35 to 0.49.
C
Hold
11/11/2022Upgraded
Magna International Inc. (MG.TO) was upgraded to C from C- on 11/11/2022 due to a noticeable increase in the valuation index, growth index and efficiency index. Net income increased 285.26% from -$156M to $289M, earnings per share increased from -$0.54 to $1, and EBIT increased 24.32% from $333M to $414M.
Magna International Inc. (MG.TO) was upgraded to C from C- on 11/11/2022 due to a noticeable increase in the valuation index, growth index and efficiency index. Net income increased 285.26% from -$156M to $289M, earnings per share increased from -$0.54 to $1, and EBIT increased 24.32% from $333M to $414M.
C
Hold
11/4/2022Upgraded
Magna International Inc. (MG.TO) was upgraded to C- from D+ on 11/4/2022 due to an increase in the dividend index and volatility index.
Magna International Inc. (MG.TO) was upgraded to C- from D+ on 11/4/2022 due to an increase in the dividend index and volatility index.
D
Sell
9/15/2022Downgrade
Magna International Inc. (MG.TO) was downgraded to D+ from C- on 9/15/2022 due to a decline in the volatility index and total return index.
Magna International Inc. (MG.TO) was downgraded to D+ from C- on 9/15/2022 due to a decline in the volatility index and total return index.
C
Hold
8/1/2022Downgrade
Magna International Inc. (MG.TO) was downgraded to C- from C on 8/1/2022 due to a substantial decline in the valuation index, growth index and efficiency index. Earnings per share declined from $1.22 to -$0.54, net income declined 142.86% from $364M to -$156M, and EBIT declined 31.62% from $487M to $333M.
Magna International Inc. (MG.TO) was downgraded to C- from C on 8/1/2022 due to a substantial decline in the valuation index, growth index and efficiency index. Earnings per share declined from $1.22 to -$0.54, net income declined 142.86% from $364M to -$156M, and EBIT declined 31.62% from $487M to $333M.
C
Hold
4/29/2022Downgrade
Magna International Inc. (MG.TO) was downgraded to C from C+ on 4/29/2022 due to a significant decline in the growth index, valuation index and solvency index. Operating cash flow declined 86.68% from $1.35B to $180M, and earnings per share declined from $1.542 to $1.22.
Magna International Inc. (MG.TO) was downgraded to C from C+ on 4/29/2022 due to a significant decline in the growth index, valuation index and solvency index. Operating cash flow declined 86.68% from $1.35B to $180M, and earnings per share declined from $1.542 to $1.22.
C
Hold
3/30/2022Downgrade
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 3/30/2022 due to a decline in the total return index, valuation index and volatility index.
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 3/30/2022 due to a decline in the total return index, valuation index and volatility index.
B
Buy
3/15/2022Upgraded
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 3/15/2022 due to an increase in the valuation index and dividend index.
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 3/15/2022 due to an increase in the valuation index and dividend index.
C
Hold
8/6/2021Upgraded
Magna International Inc. (MG.TO) was upgraded to C+ from C on 8/6/2021 due to a significant increase in the growth index, valuation index and total return index.
Magna International Inc. (MG.TO) was upgraded to C+ from C on 8/6/2021 due to a significant increase in the growth index, valuation index and total return index.
C
Hold
11/10/2020Upgraded
Magna International Inc. (MG.TO) was upgraded to C from D+ on 11/10/2020 due to a large increase in the growth index, valuation index and efficiency index. Operating cash flow increased 230.84% from -$1.23B to $1.61B, EBIT increased 217.44% from -$625M to $734M, and net income increased 162.6% from -$647M to $405M.
Magna International Inc. (MG.TO) was upgraded to C from D+ on 11/10/2020 due to a large increase in the growth index, valuation index and efficiency index. Operating cash flow increased 230.84% from -$1.23B to $1.61B, EBIT increased 217.44% from -$625M to $734M, and net income increased 162.6% from -$647M to $405M.
D
Sell
8/11/2020Downgrade
Magna International Inc. (MG.TO) was downgraded to D+ from C on 8/11/2020 due to a significant decline in the valuation index, growth index and efficiency index. Earnings per share declined from $0.86 to -$2.17, net income declined 347.89% from $261M to -$647M, and operating cash flow declined 292.8% from $639M to -$1.23B.
Magna International Inc. (MG.TO) was downgraded to D+ from C on 8/11/2020 due to a significant decline in the valuation index, growth index and efficiency index. Earnings per share declined from $0.86 to -$2.17, net income declined 347.89% from $261M to -$647M, and operating cash flow declined 292.8% from $639M to -$1.23B.
C
Hold
7/23/2020Upgraded
Magna International Inc. (MG.TO) was upgraded to C from C- on 7/23/2020 due to an increase in the volatility index and total return index.
Magna International Inc. (MG.TO) was upgraded to C from C- on 7/23/2020 due to an increase in the volatility index and total return index.
C
Hold
5/1/2020Downgrade
Magna International Inc. (MG.TO) was downgraded to C- from C on 5/1/2020 due to a noticeable decline in the total return index and volatility index.
Magna International Inc. (MG.TO) was downgraded to C- from C on 5/1/2020 due to a noticeable decline in the total return index and volatility index.
C
Hold
3/12/2020Downgrade
Magna International Inc. (MG.TO) was downgraded to C from C+ on 3/12/2020 due to a noticeable decline in the volatility index and total return index.
Magna International Inc. (MG.TO) was downgraded to C from C+ on 3/12/2020 due to a noticeable decline in the volatility index and total return index.
C
Hold
3/3/2020Downgrade
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 3/3/2020 due to a noticeable decline in the total return index, volatility index and efficiency index.
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 3/3/2020 due to a noticeable decline in the total return index, volatility index and efficiency index.
B
Buy
11/12/2019Downgrade
Magna International Inc. (MG.TO) was downgraded to B- from B on 11/12/2019 due to a substantial decline in the growth index, valuation index and efficiency index. Earnings per share declined from $1.4196 to -$0.75, net income declined 151.55% from $452M to -$233M, and operating cash flow declined 18.48% from $920M to $750M.
Magna International Inc. (MG.TO) was downgraded to B- from B on 11/12/2019 due to a substantial decline in the growth index, valuation index and efficiency index. Earnings per share declined from $1.4196 to -$0.75, net income declined 151.55% from $452M to -$233M, and operating cash flow declined 18.48% from $920M to $750M.
B
Buy
11/5/2019Upgraded
Magna International Inc. (MG.TO) was upgraded to B from B- on 11/5/2019 due to an increase in the total return index and volatility index.
Magna International Inc. (MG.TO) was upgraded to B from B- on 11/5/2019 due to an increase in the total return index and volatility index.
B
Buy
8/30/2019Upgraded
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 8/30/2019 due to an increase in the solvency index and total return index. Debt to equity declined from 0.32 to 0.31.
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 8/30/2019 due to an increase in the solvency index and total return index. Debt to equity declined from 0.32 to 0.31.
C
Hold
5/21/2019Downgrade
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 5/21/2019 due to a decline in the total return index and solvency index. Debt to equity increased from 0.41 to 0.46.
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 5/21/2019 due to a decline in the total return index and solvency index. Debt to equity increased from 0.41 to 0.46.
B
Buy
2/11/2019Upgraded
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 2/11/2019 due to an increase in the volatility index, growth index and valuation index. Operating cash flow increased 130.41% from $467M to $1.08B.
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 2/11/2019 due to an increase in the volatility index, growth index and valuation index. Operating cash flow increased 130.41% from $467M to $1.08B.
C
Hold
10/10/2018Downgrade
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 10/10/2018 due to a decline in the volatility index and total return index.
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 10/10/2018 due to a decline in the volatility index and total return index.
B
Buy
8/30/2018Downgrade
Magna International Inc. (MG.TO) was downgraded to B- from B on 8/30/2018 due to a noticeable decline in the growth index, solvency index and total return index. Debt to equity increased from 0.31 to 0.39, operating cash flow declined 19.06% from $577M to $467M, and EBIT declined 7.23% from $788M to $731M.
Magna International Inc. (MG.TO) was downgraded to B- from B on 8/30/2018 due to a noticeable decline in the growth index, solvency index and total return index. Debt to equity increased from 0.31 to 0.39, operating cash flow declined 19.06% from $577M to $467M, and EBIT declined 7.23% from $788M to $731M.
B
Buy
10/20/2017Upgraded
Magna International Inc. (MG.TO) was upgraded to B from B- on 10/20/2017 due to an increase in the volatility index and total return index.
Magna International Inc. (MG.TO) was upgraded to B from B- on 10/20/2017 due to an increase in the volatility index and total return index.
B
Buy
9/26/2017Upgraded
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 9/26/2017 due to an increase in the total return index and volatility index.
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 9/26/2017 due to an increase in the total return index and volatility index.
C
Hold
9/11/2017Downgrade
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 9/11/2017 due to a decline in the total return index, growth index and efficiency index. EBIT declined 5.65% from $761M to $718M, net income declined 4.27% from $586M to $561M, and earnings per share declined from $1.53 to $1.48.
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 9/11/2017 due to a decline in the total return index, growth index and efficiency index. EBIT declined 5.65% from $761M to $718M, net income declined 4.27% from $586M to $561M, and earnings per share declined from $1.53 to $1.48.
B
Buy
7/12/2017Upgraded
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 7/12/2017 due to an increase in the volatility index and total return index.
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 7/12/2017 due to an increase in the volatility index and total return index.
C
Hold
6/27/2017Downgrade
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 6/27/2017 due to a decline in the volatility index.
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 6/27/2017 due to a decline in the volatility index.
B
Buy
6/1/2017Upgraded
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 6/1/2017 due to an increase in the volatility index.
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 6/1/2017 due to an increase in the volatility index.
C
Hold
5/17/2017Downgrade
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 5/17/2017 due to a decline in the volatility index, total return index and growth index. Operating cash flow declined 74.21% from $1.72B to $443M.
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 5/17/2017 due to a decline in the volatility index, total return index and growth index. Operating cash flow declined 74.21% from $1.72B to $443M.
B
Buy
5/11/2017Upgraded
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 5/11/2017 due to an increase in the volatility index.
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 5/11/2017 due to an increase in the volatility index.
C
Hold
4/3/2017Downgrade
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 4/3/2017 due to a decline in the volatility index, total return index and solvency index.
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 4/3/2017 due to a decline in the volatility index, total return index and solvency index.
B
Buy
2/13/2017Upgraded
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 2/13/2017 due to a noticeable increase in the total return index.
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 2/13/2017 due to a noticeable increase in the total return index.
C
Hold
1/27/2017Downgrade
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 1/27/2017 due to a decline in the volatility index and total return index.
Magna International Inc. (MG.TO) was downgraded to C+ from B- on 1/27/2017 due to a decline in the volatility index and total return index.
B
Buy
12/16/2016Upgraded
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 12/16/2016 due to an increase in the volatility index, efficiency index and growth index. Total capital increased 1.77% from $13.32B to $13.55B.
Magna International Inc. (MG.TO) was upgraded to B- from C+ on 12/16/2016 due to an increase in the volatility index, efficiency index and growth index. Total capital increased 1.77% from $13.32B to $13.55B.
C
Hold
3/11/2016Downgrade
Magna International Inc. (MG.TO) was downgraded to C+ from B on 3/11/2016 due to a major decline in the volatility index, total return index and growth index. Earnings per share declined from $1.4176 to $1.1721.
Magna International Inc. (MG.TO) was downgraded to C+ from B on 3/11/2016 due to a major decline in the volatility index, total return index and growth index. Earnings per share declined from $1.4176 to $1.1721.
B
Buy
1/7/2016Downgrade
Magna International Inc. (MG.TO) was downgraded to B from B+ on 1/7/2016 due to a decline in the volatility index and total return index.
Magna International Inc. (MG.TO) was downgraded to B from B+ on 1/7/2016 due to a decline in the volatility index and total return index.
B
Buy
1/5/2016Downgrade
Magna International Inc. (MG.TO) was downgraded to B+ from A- on 1/5/2016 due to a large decline in the volatility index and growth index. EBIT declined 17.92% from $625M to $513M, and total revenue declined 5.8% from $8.13B to $7.66B.
Magna International Inc. (MG.TO) was downgraded to B+ from A- on 1/5/2016 due to a large decline in the volatility index and growth index. EBIT declined 17.92% from $625M to $513M, and total revenue declined 5.8% from $8.13B to $7.66B.
A
Buy
10/22/2015Downgrade
Magna International Inc. (MG.TO) was downgraded to A- from A on 10/22/2015 due to a large decline in the total return index and volatility index.
Magna International Inc. (MG.TO) was downgraded to A- from A on 10/22/2015 due to a large decline in the total return index and volatility index.
A
Buy
8/24/2015Downgrade
Magna International Inc. (MG.TO) was downgraded to A from A+ on 8/24/2015 due to a noticeable decline in the volatility index and total return index.
Magna International Inc. (MG.TO) was downgraded to A from A+ on 8/24/2015 due to a noticeable decline in the volatility index and total return index.
A
Buy
8/7/2015Upgraded
Magna International Inc. (MG.TO) was upgraded to A+ from A on 8/7/2015 due to a noticeable increase in the growth index. Operating cash flow increased 49.66% from $294M to $440M, EBIT increased 16.18% from $587M to $682M, and earnings per share increased from $1.12 to $1.1576.
Magna International Inc. (MG.TO) was upgraded to A+ from A on 8/7/2015 due to a noticeable increase in the growth index. Operating cash flow increased 49.66% from $294M to $440M, EBIT increased 16.18% from $587M to $682M, and earnings per share increased from $1.12 to $1.1576.
A
Buy
7/1/2015Downgrade
Magna International Inc. (MG.TO) was downgraded to A from A+ on 7/1/2015 due to a decline in the valuation index, total return index and dividend index.
Magna International Inc. (MG.TO) was downgraded to A from A+ on 7/1/2015 due to a decline in the valuation index, total return index and dividend index.
A
Buy
5/26/2015Upgraded
Magna International Inc. (MG.TO) was upgraded to A+ from A on 5/26/2015 due to a noticeable increase in the total return index.
Magna International Inc. (MG.TO) was upgraded to A+ from A on 5/26/2015 due to a noticeable increase in the total return index.
A
Buy
5/8/2015Downgrade
Magna International Inc. (MG.TO) was downgraded to A from A+ on 5/8/2015 due to a noticeable decline in the growth index and solvency index. Operating cash flow declined 70.57% from $999M to $294M, total revenue declined 11.35% from $9.4B to $8.33B, and EBIT declined 10.79% from $658M to $587M.
Magna International Inc. (MG.TO) was downgraded to A from A+ on 5/8/2015 due to a noticeable decline in the growth index and solvency index. Operating cash flow declined 70.57% from $999M to $294M, total revenue declined 11.35% from $9.4B to $8.33B, and EBIT declined 10.79% from $658M to $587M.
A
Buy
2/9/2015Upgraded
Magna International Inc. (MG.TO) was upgraded to A+ from A on 2/9/2015 due to a large increase in the total return index and volatility index.
Magna International Inc. (MG.TO) was upgraded to A+ from A on 2/9/2015 due to a large increase in the total return index and volatility index.
A
Buy
11/7/2014Downgrade
Magna International Inc. (MG.TO) was downgraded to A from A+ on 11/7/2014 due to a decline in the growth index, efficiency index and solvency index. EBIT declined 15.31% from $653M to $553M, debt to equity increased from 0.11 to 0.12, and net income declined 7.84% from $510M to $470M.
Magna International Inc. (MG.TO) was downgraded to A from A+ on 11/7/2014 due to a decline in the growth index, efficiency index and solvency index. EBIT declined 15.31% from $653M to $553M, debt to equity increased from 0.11 to 0.12, and net income declined 7.84% from $510M to $470M.
A
Buy
10/8/2014Upgraded
Magna International Inc. (MG.TO) was upgraded to A+ from A on 10/8/2014 due to an increase in the valuation index and dividend index.
Magna International Inc. (MG.TO) was upgraded to A+ from A on 10/8/2014 due to an increase in the valuation index and dividend index.
A
Buy
9/23/2014Downgrade
Magna International Inc. (MG.TO) was downgraded to A from A+ on 9/23/2014 due to a decline in the total return index and valuation index.
Magna International Inc. (MG.TO) was downgraded to A from A+ on 9/23/2014 due to a decline in the total return index and valuation index.
A
Buy
8/11/2014Upgraded
Magna International Inc. (MG.TO) was upgraded to A+ from A on 8/11/2014 due to a noticeable increase in the growth index, valuation index and solvency index. Earnings per share increased from $1.76 to $2.32, operating cash flow increased 26.58% from $474M to $600M, and EBIT increased 21.72% from $557M to $678M.
Magna International Inc. (MG.TO) was upgraded to A+ from A on 8/11/2014 due to a noticeable increase in the growth index, valuation index and solvency index. Earnings per share increased from $1.76 to $2.32, operating cash flow increased 26.58% from $474M to $600M, and EBIT increased 21.72% from $557M to $678M.
A
Buy
7/21/2014Downgrade
Magna International Inc. (MG.TO) was downgraded to A from A+ on 7/21/2014 due to a decline in the total return index, volatility index and valuation index.
Magna International Inc. (MG.TO) was downgraded to A from A+ on 7/21/2014 due to a decline in the total return index, volatility index and valuation index.
A
Buy
6/16/2014Upgraded
Magna International Inc. (MG.TO) was upgraded to A+ from A on 6/16/2014 due to an increase in the total return index and volatility index.
Magna International Inc. (MG.TO) was upgraded to A+ from A on 6/16/2014 due to an increase in the total return index and volatility index.
A
Buy
5/27/2014Downgrade
Magna International Inc. (MG.TO) was downgraded to A from A+ on 5/27/2014 due to a noticeable decline in the growth index, solvency index and valuation index. Operating cash flow declined 62.08% from $1.25B to $474M, earnings per share declined from $2.0305 to $1.76, and total revenue declined 2.32% from $9.17B to $8.96B.
Magna International Inc. (MG.TO) was downgraded to A from A+ on 5/27/2014 due to a noticeable decline in the growth index, solvency index and valuation index. Operating cash flow declined 62.08% from $1.25B to $474M, earnings per share declined from $2.0305 to $1.76, and total revenue declined 2.32% from $9.17B to $8.96B.
A
Buy
3/10/2014Upgraded
Magna International Inc. (MG.TO) was upgraded to A+ from A- on 3/10/2014 due to a noticeable increase in the growth index, total return index and solvency index. Operating cash flow increased 169.4% from $464M to $1.25B, earnings per share increased from $1.39 to $2.0305, and EBIT increased 43.33% from $390M to $559M.
Magna International Inc. (MG.TO) was upgraded to A+ from A- on 3/10/2014 due to a noticeable increase in the growth index, total return index and solvency index. Operating cash flow increased 169.4% from $464M to $1.25B, earnings per share increased from $1.39 to $2.0305, and EBIT increased 43.33% from $390M to $559M.
