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S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
10 Best Airline Stocks to Buy
The Real Problem With "Made in America" Lithium (Ad)
Stock market today: Global shares trade mixed following technology selloff on Wall Street
What is a Growth Stock Mutual Fund?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Campbell Soup Company Leads Staples Stocks Into The Buy Zone
Apple Partnership Strengthens Unity Software's Investment Appeal
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
10 Best Airline Stocks to Buy
The Real Problem With "Made in America" Lithium (Ad)
Stock market today: Global shares trade mixed following technology selloff on Wall Street
What is a Growth Stock Mutual Fund?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Campbell Soup Company Leads Staples Stocks Into The Buy Zone
Apple Partnership Strengthens Unity Software's Investment Appeal
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
10 Best Airline Stocks to Buy
The Real Problem With "Made in America" Lithium (Ad)
Stock market today: Global shares trade mixed following technology selloff on Wall Street
What is a Growth Stock Mutual Fund?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Campbell Soup Company Leads Staples Stocks Into The Buy Zone
Apple Partnership Strengthens Unity Software's Investment Appeal
OTCMKTS:MALJF

Magellan Aerospace (MALJF) Stock Forecast, Price & News

$5.74
0.00 (0.00%)
(As of 06/7/2023 ET)
Compare
Today's Range
$5.74
$5.74
50-Day Range
$5.36
$5.76
52-Week Range
$5.03
$7.00
Volume
500 shs
Average Volume
476 shs
Market Capitalization
N/A
P/E Ratio
6.02
Dividend Yield
2.61%
Price Target
$8.00

Magellan Aerospace MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
39.4% Upside
$8.00 Price Target
Short Interest
Bearish
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars


MALJF stock logo

About Magellan Aerospace (OTCMKTS:MALJF) Stock

Magellan Aerospace Corp. engages in the provision of complex assemblies and systems solutions to aircraft and engine manufacturers, and defense and space agencies. Its products include aero engines, aero structures, wire strike protection system, rockets, space, sand castings, power generation, and supporting materials. The company was founded on February 15, 1996 and is headquartered in Mississauga, Canada.

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MALJF Stock News Headlines

Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
MALJF Magellan Aerospace Corporation
Magellan Aerospace declares $0.105 dividend
See More Headlines

MALJF Price History

MALJF Company Calendar

Today
6/07/2023
Next Earnings (Estimated)
8/07/2023

Industry, Sector and Symbol

Industry
Aerospace & Defense
Sub-Industry
N/A
Current Symbol
OTCMKTS:MALJF
CIK
N/A
Fax
N/A
Employees
3,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$8.00
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+39.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Phillip Campion Underwood
    President, Chief Executive Officer & Director
  • Elena M. Milantoni
    Chief Financial Officer & Secretary
  • Ian Roberts
    Vice President-Information Technology
  • Chris Want
    Manager-Business Development
  • Haydn Robert Martin
    VP-Business Development, Marketing & Contracts













MALJF Stock - Frequently Asked Questions

Should I buy or sell Magellan Aerospace stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Magellan Aerospace in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MALJF shares.
View MALJF analyst ratings
or view top-rated stocks.

What is Magellan Aerospace's stock price forecast for 2023?

1 brokerages have issued 1-year price targets for Magellan Aerospace's shares. Their MALJF share price forecasts range from $8.00 to $8.00. On average, they anticipate the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 39.4% from the stock's current price.
View analysts price targets for MALJF
or view top-rated stocks among Wall Street analysts.

How have MALJF shares performed in 2023?

Magellan Aerospace's stock was trading at $7.00 on January 1st, 2023. Since then, MALJF shares have decreased by 18.0% and is now trading at $5.7370.
View the best growth stocks for 2023 here
.

Are investors shorting Magellan Aerospace?

Magellan Aerospace saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 300 shares, an increase of 200.0% from the April 30th total of 100 shares. Based on an average daily volume of 1,900 shares, the days-to-cover ratio is presently 0.2 days.
View Magellan Aerospace's Short Interest
.

When is Magellan Aerospace's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our MALJF earnings forecast
.

Is Magellan Aerospace a good dividend stock?

Magellan Aerospace (OTCMKTS:MALJF) pays an annual dividend of $0.15 per share and currently has a dividend yield of 2.00%. The dividend payout ratio is 15.74%. This payout ratio is at a healthy, sustainable level, below 75%.

What is Magellan Aerospace's stock symbol?

Magellan Aerospace trades on the OTCMKTS under the ticker symbol "MALJF."

How do I buy shares of Magellan Aerospace?

Shares of MALJF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Magellan Aerospace's stock price today?

One share of MALJF stock can currently be purchased for approximately $5.74.

How many employees does Magellan Aerospace have?

The company employs 3,400 workers across the globe.

How can I contact Magellan Aerospace?

Magellan Aerospace's mailing address is 3160 Derry Road East, Mississauga, ON L4T. The official website for the company is www.magellan.aero. The company can be reached via phone at (905) 677-1889.

This page (OTCMKTS:MALJF) was last updated on 6/8/2023 by MarketBeat.com Staff

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