If you are wondering whether Magna International’s current share price still offers value, you are not alone. This article focuses squarely on what you are paying versus what you might be getting.
The stock closed at $69.61, with returns of a 4.5% decline over 7 days, a 4.9% decline over 30 days, a 7.2% decline year to date, a 26.7% gain over 1 year, a 12.2% decline over 3 years, and a 15.5% decline over 5 years. This hints that the market has been regularly reassessing its expectations.
Recent coverage has centered on Magna International’s position as a global auto parts supplier and its exposure to themes like vehicle electrification and advanced safety systems, which often feature in industry discussions about long term demand….
