Magellan Aerospace (MAL) Stock Price, News & Analysis

Company Overview

Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.

Key Stats

• Today's Range: C$18.95 to C$19.20
• 50-Day Range: C$12.62 to C$19.59
• 52-Week Range: C$7.92 to C$19.68
• Volume: 10,138 shs
• Average Volume: 23,194 shs
• Market Capitalization: C$1.06 billion
• P/E Ratio: 54.91
• Dividend Yield: 0.52%
• Price Target: C$20.00
• Consensus Rating: Buy

Magellan Aerospace Stock Analysis - MarketRank™

Magellan Aerospace scored higher than 17% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Magellan Aerospace has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Magellan Aerospace has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Magellan Aerospace is 54.91, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of Magellan Aerospace is 54.91, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 24.98.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for Magellan Aerospace, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

Magellan Aerospace has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MAL.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Magellan Aerospace pays a meaningful dividend of 1.06%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Magellan Aerospace does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Magellan Aerospace is 28.61%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for MAL.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: N/A

News Sentiment

Magellan Aerospace has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Magellan Aerospace this week, compared to 1 article on an average week.

MarketBeat Follows

Only 1 people have added Magellan Aerospace to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Magellan Aerospace insiders have not sold or bought any company stock.

Percentage Held by Insiders

79.30% of the stock of Magellan Aerospace is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 2.91% of the stock of Magellan Aerospace is held by institutions.

MAL Stock Analysis - Frequently Asked Questions

How have MAL shares performed this year?

Magellan Aerospace's stock was trading at C$10.07 at the beginning of the year. Since then, MAL shares have increased by 90.6% and is now trading at C$19.19.

How were Magellan Aerospace's earnings last quarter?

Magellan Aerospace Co. (TSE:MAL) issued its quarterly earnings data on Tuesday, November, 5th. The company reported $0.10 earnings per share (EPS) for the quarter. Magellan Aerospace had a trailing twelve-month return on equity of 2.58% and a net margin of 2.09%.

How do I buy shares of Magellan Aerospace?

Shares of MAL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Magellan Aerospace own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Magellan Aerospace investors own include Air Canada (AC), Suncor Energy (SU), Algonquin Power & Utilities (AQN), Meta Platforms (META), Magna International (MG), Tesla (TSLA) and BlackBerry (BB).

Company Calendar

• Last Earnings: 11/05/2024
• Ex-Dividend for 6/30 Dividend: 6/16/2025
• Record date for 6/30 Dividend: 6/30/2025
• Dividend Payable: 6/30/2025
• Today: 7/04/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Aerospace & Defense
• Sub-Industry: N/A
• Current Symbol: TSE:MAL
• CIK: N/A
• Web: magellan.aero
• Phone: +1-905-6771889
• Fax: N/A
• Employees: 3,850
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$20.00
• High Stock Price Target: C$20.00
• Low Stock Price Target: C$20.00
• Potential Upside/Downside: +4.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.35
• Trailing P/E Ratio: 54.94
• Forward P/E Ratio: 19.81
• P/E Growth: -21.36
• Net Income: C$18.72 million
• Net Margins: 2.09%
• Pretax Margin: N/A
• Return on Equity: 2.58%
• Return on Assets: 2.19%

Debt

• Debt-to-Equity Ratio: 11.81
• Current Ratio: 2.58
• Quick Ratio: 1.55

Sales & Book Value

• Annual Sales: C$895.80 million
• Price / Sales: 1.19
• Cash Flow: C$1.51 per share
• Price / Cash Flow: 12.71
• Book Value: C$13.45 per share
• Price / Book: 1.43

Miscellaneous

• Outstanding Shares: 55,324,571
• Free Float: N/A
• Market Cap: C$1.06 billion
• Optionable: Not Optionable
• Beta: 1.11