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OTCMKTS:MALJF

Magellan Aerospace (MALJF) Stock Price, News & Analysis

Magellan Aerospace logo
$7.44
+0.05 (+0.68%)
(As of 10/31/2024 ET)

About Magellan Aerospace Stock (OTCMKTS:MALJF)

Key Stats

Today's Range
$7.44
$7.50
50-Day Range
$6.68
$7.90
52-Week Range
$5.27
$7.90
Volume
9,300 shs
Average Volume
2,111 shs
Market Capitalization
N/A
P/E Ratio
7.81
Dividend Yield
2.02%
Price Target
$14.00
Consensus Rating
Buy

Company Overview

Magellan Aerospace Corporation, through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe. The company offers aero engine products, such as laser welded honeycomb and filament wound tubes, frames, compressor components, bypass ducts, hot section components, and aeroengine and helicopter drive shafts, as well as other flight safety critical machined components, including discs, seals, and spacers; and aerostructures comprising landing gear systems, wing ribs, spars and skins, bulkheads and fuselage components, tailcone assemblies, composite wing and fairing structures, horizontal and vertical stabilizers, plug and nozzle, exhaust systems, crown modules, and vane boxes and transition ducts. It also designs, engineers, and manufactures assemblies and components, such as stage rocket motors, solid propellant rocket motors, and rocket weapon systems; wire strike protection systems for helicopter safety; space solutions, including small satellite bus platforms and satellite subsystem equipment, as well as offers services for satellite assembly, integration, and testing; and aluminum and magnesium alloy sand castings, such as engine mounted accessory gearbox housings, helicopter power transmission housings, auxiliary power unit inlet and gearbox housings, engine front inlet and intermediate cases, engine front frames and fan cases, pump and accessory drive housings, and environmental control housings. In addition, the company offers maintenance, repair, and overhaul for various engine and components MRO, as well as lifecycle management services to logistics, fleet management, and engineering services. Magellan Aerospace Corporation was incorporated in 1996 and is headquartered in Mississauga, Canada.

Magellan Aerospace Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
70th Percentile Overall Score

MALJF MarketRank™: 

Magellan Aerospace scored higher than 70% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 received no research coverage in the past 90 days.

  • Read more about Magellan Aerospace's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Magellan Aerospace is 7.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Magellan Aerospace is 7.81, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 507.60.

  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    Magellan Aerospace has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Magellan Aerospace has recently decreased by 90.91%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Magellan Aerospace pays a meaningful dividend of 2.00%, 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 15.74%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Magellan Aerospace's dividend.
  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    Magellan Aerospace has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Magellan Aerospace has recently decreased by 90.91%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Magellan Aerospace has a news sentiment score of 1.00. 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 0.33 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Magellan Aerospace this week, compared to 0 articles on an average week.
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MALJF Stock News Headlines

Magellan Aerospace Corporation (4M7A.F)
The most serious warning of my career
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See More Headlines

MALJF Stock Analysis - Frequently Asked Questions

Magellan Aerospace's stock was trading at $5.67 at the beginning of 2024. Since then, MALJF stock has increased by 31.2% and is now trading at $7.44.
View the best growth stocks for 2024 here
.

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

Industry, Sector and Symbol

Industry
Aerospace & Defense
Sub-Industry
N/A
Current Symbol
OTCMKTS:MALJF
CIK
N/A
Fax
N/A
Employees
3,850
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.00
High Stock Price Target
$14.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+89.4%
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
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This page (OTCMKTS:MALJF) was last updated on 10/31/2024 by MarketBeat.com Staff
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