OTCMKTS:MALJF

Magellan Aerospace (MALJF) Stock Price, News & Analysis

$5.92
+0.10 (+1.72%)
(As of 05/2/2024 ET)
Today's Range
$5.82
$5.92
50-Day Range
$5.77
$6.21
52-Week Range
$5.03
$6.29
Volume
13,800 shs
Average Volume
2,896 shs
Market Capitalization
N/A
P/E Ratio
6.21
Dividend Yield
2.53%
Price Target
$14.00

Magellan Aerospace MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
136.5% Upside
$14.00 Price Target
Short Interest
Healthy
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.42mentions of Magellan Aerospace in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.09 out of 5 stars

MALJF stock logo

About Magellan Aerospace Stock (OTCMKTS:MALJF)

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.

MALJF Stock Price History

MALJF Stock News Headlines

Magellan Aerospace Announces Quarterly Dividend
Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
Magellan Aerospace (OTCMKTS:MALJF) Shares Down 1.5%
Magellan Aerospace Corporation (MAL.TO)
Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
Magellan Aerospace Announces Quarterly Dividend
Magellan Aerospace Corporation (MAL)
Magellan Aerospace Corp MALJF
Magellan Aerospace's (TSE:MAL) Dividend Will Be CA$0.025
See More Headlines
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Company Calendar

Today
5/02/2024
Next Earnings (Estimated)
5/02/2024

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
+140.5%
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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Key Executives

  • Mr. Norman Murray Edwards O.C. (Age 64)
    Executive Chairman
  • Mr. Phillip Campion Underwood
    President, CEO & Director
  • Ms. Elena M. Milantoni CA
    CPA, CFO & Corporate Secretary
  • Mr. Haydn R. Martin
    Vice President of Business Development, Marketing & Contracts
  • Mr. Ian Roberts
    Vice President of Information Technology
  • Michael Gribe
    Vice President of Human Resources

MALJF Stock Analysis - 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 twelve months. 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 target for 2024?

1 brokerages have issued twelve-month price objectives for Magellan Aerospace's stock. Their MALJF share price targets range from $14.00 to $14.00. On average, they anticipate the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 136.5% 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 2024?

Magellan Aerospace's stock was trading at $5.67 at the start of the year. Since then, MALJF shares have increased by 4.4% and is now trading at $5.92.
View the best growth stocks for 2024 here
.

Are investors shorting Magellan Aerospace?

Magellan Aerospace saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 2,000 shares, a decline of 62.3% from the March 31st total of 5,300 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 2.0 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 Thursday, May 2nd 2024.
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%.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:MALJF) was last updated on 5/2/2024 by MarketBeat.com Staff

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