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Magellan Aerospace Stock Price, Forecast & Analysis (TSE:MAL)

C$16.02
-0.13 (-0.80 %)
(As of 11/19/2019 06:00 AM ET)
Today's Range
C$16.00
Now: C$16.02
C$16.13
50-Day Range
C$14.66
MA: C$15.57
C$16.71
52-Week Range
C$13.20
Now: C$16.02
C$19.00
Volume4,885 shs
Average Volume12,760 shs
Market CapitalizationC$932.51 million
P/E Ratio10.33
Dividend Yield2.60%
BetaN/A
Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, and manufactures aero engine, and aero structure assemblies and components for aerospace markets in Canada, the United States, Europe, and Asia. The company offers aero engines products, including engine frames, compressor and fan cases, turbine cases, shafts, rotor spools, discs and blisks, and gearbox housings; and combustion liners and cases, exhaust frames and systems, engine bypass ducts and frames, acoustically treated exhaust systems, and fan cowl doors, as well as repair and overhaul services. It also provides aero structures components, such as landing gear systems, wing ribs and spars, bulkheads and fuselage components, tailcone assemblies, and composite wing and fairing structures. In addition, the company offers space, satellites, SCISAT, and satellite subsystems; sand cast components comprising engine mounted gearbox housings, power transmission housings, APU housings, engine inlets and intermediate cases, and front frames and fan cases; and wire strike protection systems for helicopter safety. Further, it provides power generation equipment and services, and gas turbines, as well as generates energy from waste; and rocket weapon systems, brant rockets, booster motors, and missile fins and control systems, as well as other support materials. Additionally, the company is involved in the precision machining and assembly of commercial aerospace products, as well as provision of metal finishing treatment services for aerospace products; supply and overhaul of aircraft and helicopter engines and airborne ancillary power units; and provision of aircraft engineering and design consultancy, including engine sales, exchange, and leasing services. Magellan Aerospace Corporation was founded in 1994 and is headquartered in Mississauga, Canada.

Industry, Sector and Symbol

Industry Aerospace/Defense - Major Diversified
Sub-IndustryN/A
SectorIndustrial Products
CUSIPN/A
CIKN/A
Phone+1-905-6771889

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$1.01 billion
Cash FlowC$0.69 per share
Book ValueC$13.61 per share

Profitability

Miscellaneous

Employees3,800
Market CapC$932.51 million
Next Earnings Date3/11/2020 (Estimated)
OptionableNot Optionable

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Magellan Aerospace (TSE:MAL) Frequently Asked Questions

What is Magellan Aerospace's stock symbol?

Magellan Aerospace trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MAL."

How often does Magellan Aerospace pay dividends? What is the dividend yield for Magellan Aerospace?

Magellan Aerospace declared a quarterly dividend on Friday, August 2nd. Investors of record on Monday, September 16th will be given a dividend of 0.10 per share on Monday, September 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date is Friday, September 13th. View Magellan Aerospace's Dividend History.

When is Magellan Aerospace's next earnings date?

Magellan Aerospace is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for Magellan Aerospace.

What price target have analysts set for MAL?

2 brokerages have issued 1 year price targets for Magellan Aerospace's stock. Their forecasts range from C$20.00 to C$21.00. On average, they expect Magellan Aerospace's stock price to reach C$20.50 in the next twelve months. This suggests a possible upside of 28.0% from the stock's current price. View Analyst Price Targets for Magellan Aerospace.

What is the consensus analysts' recommendation for Magellan Aerospace?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magellan Aerospace in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Magellan Aerospace.

Has Magellan Aerospace been receiving favorable news coverage?

Headlines about MAL stock have trended extremely negative on Tuesday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Magellan Aerospace earned a media sentiment score of -4.6 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Magellan Aerospace.

Who are some of Magellan Aerospace's key competitors?

What other stocks do shareholders of Magellan Aerospace own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Magellan Aerospace investors own include Aphria (APHA), NVIDIA (NVDA), Air Canada (AC), Aurora Cannabis (ACB), ProMetic Life Sciences (PLI), Fiserv (FISV), Alibaba Group (BABA), Palo Alto Networks (PANW), Aecon Group (ARE) and Alimentation Couche-Tard (ATD.B).

Who are Magellan Aerospace's key executives?

Magellan Aerospace's management team includes the folowing people:
  • Mr. Norman Murray Edwards O.C., Exec. Chairman (Age 59)
  • Mr. Phillip Campion Underwood, Pres, CEO & Director
  • Ms. Elena M. Milantoni, Chief Financial Officer
  • Mr. Hyden R. Martin, VP of Bus. Devel., Marketing & Contracts
  • Ms. Jo-Ann C. Ball, VP of HR

How do I buy shares of Magellan Aerospace?

Shares of MAL and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Magellan Aerospace's stock price today?

One share of MAL stock can currently be purchased for approximately C$16.02.

How big of a company is Magellan Aerospace?

Magellan Aerospace has a market capitalization of C$932.51 million and generates C$1.01 billion in revenue each year. Magellan Aerospace employs 3,800 workers across the globe.View Additional Information About Magellan Aerospace.

What is Magellan Aerospace's official website?

The official website for Magellan Aerospace is http://magellan.aero/.

How can I contact Magellan Aerospace?

Magellan Aerospace's mailing address is 3160 Derry Rd E, MISSISSAUGA, ON L4T 1A9, Canada. The company can be reached via phone at +1-905-6771889.


MarketBeat Community Rating for Magellan Aerospace (TSE MAL)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  178 (Vote Outperform)
Underperform Votes:  120 (Vote Underperform)
Total Votes:  298
MarketBeat's community ratings are surveys of what our community members think about Magellan Aerospace and other stocks. Vote "Outperform" if you believe MAL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MAL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/19/2019 by MarketBeat.com Staff

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