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Magna International Inc. reported its third-quarter 2026 financial results, highlighting a 38% increase in adjusted earnings per share and the approval of a new share repurchase program.
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Roth Capital Partners analyst Gerry Sweeney downgraded MISTRAS Group to 'Neutral' from 'Buy' and lowered the price target to $20.35, reflecting the limited upside as the company's acquisition by H.I.G. Capital nears completion.
Magna International Inc. has announced the renewal of its Normal Course Issuer Bid (NCIB), authorizing the repurchase of up to 25,778,000 of its common shares.
Roth Capital has initiated coverage on Mistras Group with a Neutral rating and a price target of $20.35.
Mistras Group reported third-quarter 2026 revenue of $204.62 million, reflecting a 4.6% increase compared to the prior-year quarter, while net income declined to $6.95 million.
RBC Capital Markets lowered its price target on Magna International Inc. from $68 to $66 while maintaining a Sector Perform rating.
Magna International Inc. announced it will host its 2026 Investor Day in New York City on November 11, 2026.