Analysts See $-0.01 EPS for Neovasc Inc. (NVCN); 9 Analysts Covering Magna International Inc. (MGA)

February 22, 2018 - By Migdalia James

Analysts expect Neovasc Inc. (NASDAQ:NVCN) to report $-0.01 EPS on March, 22.They anticipate $0.48 EPS change or 102.13% from last quarter’s $0.47 EPS. After having $-0.06 EPS previously, Neovasc Inc.’s analysts see -83.33% EPS growth. The stock decreased 4.57% or $0.0118 during the last trading session, reaching $0.2462. About 1.37 million shares traded. Neovasc Inc. (NASDAQ:NVCN) has declined 19.02% since February 22, 2017 and is downtrending. It has underperformed by 35.72% the S&P500.

Among 14 analysts covering Magna International (NYSE:MGA), 9 have Buy rating, 1 Sell and 4 Hold. Therefore 64% are positive. Magna International had 48 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 14 by RBC Capital Markets. The company was downgraded on Wednesday, November 9 by Bank of America. Bank of America upgraded the stock to “Buy” rating in Wednesday, October 18 report. BMO Capital Markets maintained Magna International Inc. (NYSE:MGA) rating on Monday, November 6. BMO Capital Markets has “Hold” rating and $56.0 target. The firm has “Outperform” rating by Macquarie Research given on Monday, February 27. Citigroup upgraded Magna International Inc. (NYSE:MGA) on Monday, January 25 to “Buy” rating. RBC Capital Markets maintained Magna International Inc. (NYSE:MGA) rating on Sunday, October 29. RBC Capital Markets has “Buy” rating and $61.0 target. The firm has “Equal-Weight” rating given on Monday, August 28 by Morgan Stanley. TD Securities maintained Magna International Inc. (NYSE:MGA) rating on Monday, October 16. TD Securities has “Buy” rating and $56.0 target. The firm has “Hold” rating by TD Securities given on Friday, January 13. See Magna International Inc. (NYSE:MGA) latest ratings:

19/01/2018 Broker: TD Securities Rating: Hold New Target: $65.0 Downgrade
17/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $70.0 Maintain
16/01/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $65.0 Maintain
12/01/2018 Broker: Wells Fargo Rating: Buy New Target: $69.0 Upgrade
10/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $68.0 Maintain
05/12/2017 Broker: Morgan Stanley Rating: Hold New Target: $49.0
06/11/2017 Broker: BMO Capital Markets Rating: Hold New Target: $56.0 Maintain
29/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $61.0 Maintain
18/10/2017 Broker: Bank of America Rating: Buy New Target: $63.0 Upgrade
16/10/2017 Broker: TD Securities Rating: Buy New Target: $56.0 Maintain

The stock increased 1.30% or $0.72 during the last trading session, reaching $56.01. About 279,585 shares traded. Magna International Inc. (NYSE:MGA) has risen 15.97% since February 22, 2017 and is uptrending. It has underperformed by 0.73% the S&P500.

Magna International Inc. designs, develops, and makes automotive systems, assemblies, modules, and components in North America, Europe, Asia, and South America. The company has market cap of $19.85 billion. The firm offers engineering and contract manufacturing services, and fuel systems; electric/electronic components and systems; roof systems comprising softtops, retractable hardtops, modular tops, and hardtops; and closures, including latching systems, hinges and wire forming, power closures, electronics, door modules, window systems engineered glass, sealing, trim and roof racks, roof systems, testing centers, and running boards. It has a 9.99 P/E ratio. It also provides interior and exterior mirrors, actuators, electronic vision systems, door handle and overhead console technologies, and front and signal lightings; complete seating systems, mechanism solutions, seat structure solutions, foam and trim products, and design and development solutions; and fascia and exterior trims, liftgate and exterior modules, front end modules, ACTERO active aerodynamics, and lightweight composites.