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TSE:MAL

Magellan Aerospace Stock Forecast, Price & News

C$6.91
-0.16 (-2.26 %)
(As of 09/24/2020 12:00 AM ET)
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Today's Range
C$6.90
Now: C$6.91
C$7.08
50-Day Range
C$7.07
MA: C$7.52
C$7.84
52-Week Range
C$4.80
Now: C$6.91
C$16.81
Volume19,020 shs
Average Volume47,889 shs
Market CapitalizationC$401.69 million
P/E Ratio7.82
Dividend Yield5.94%
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 3.0Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.10 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$883.23 million
Cash FlowC$0.98 per share
Book ValueC$14.23 per share

Profitability

Miscellaneous

Employees3,800
Market CapC$401.69 million
Next Earnings Date11/11/2020 (Estimated)
OptionableNot Optionable
C$6.91
-0.16 (-2.26 %)
(As of 09/24/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Magellan Aerospace (TSE:MAL) Frequently Asked Questions

How has Magellan Aerospace's stock price been impacted by COVID-19 (Coronavirus)?

Magellan Aerospace's stock was trading at C$8.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MAL stock has decreased by 17.7% and is now trading at C$6.91.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Magellan Aerospace?

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

When is Magellan Aerospace's next earnings date?

Magellan Aerospace is scheduled to release its next quarterly earnings announcement on Wednesday, November 11th 2020.
View our earnings forecast for Magellan Aerospace
.

How were Magellan Aerospace's earnings last quarter?

Magellan Aerospace Corp (TSE:MAL) announced its quarterly earnings results on Tuesday, August, 11th. The company reported $0.11 earnings per share for the quarter. The company had revenue of $162.17 million for the quarter.
View Magellan Aerospace's earnings history
.

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

Magellan Aerospace declared a quarterly dividend on Tuesday, September 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of 0.105 per share on Wednesday, September 30th. This represents a $0.42 annualized dividend and a yield of 6.08%. The ex-dividend date of this dividend is Tuesday, September 15th.
View Magellan Aerospace's dividend history
.

What price target have analysts set for MAL?

1 brokerages have issued 1 year target prices for Magellan Aerospace's stock. Their forecasts range from C$6.25 to C$11.00. On average, they expect Magellan Aerospace's stock price to reach C$8.63 in the next year. This suggests a possible upside of 24.8% from the stock's current price.
View analysts' price targets 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 Air Canada (AC), Aphria (APHA), NFI Group (NFI), Stantec (STN), Aurora Cannabis (ACB), Aecon Group (ARE), Bombardier, Inc. Class B (BBD.B), Walt Disney (DIS), First Quantum Minerals (FM) and Magna International (MG).

Who are Magellan Aerospace's key executives?

Magellan Aerospace's management team includes the following 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

What is Magellan Aerospace's stock symbol?

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

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$6.91.

How big of a company is Magellan Aerospace?

Magellan Aerospace has a market capitalization of C$401.69 million and generates C$883.23 million in revenue each year. Magellan Aerospace employs 3,800 workers across the globe.

What is Magellan Aerospace's official website?

The official website for Magellan Aerospace is 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.

This page was last updated on 9/25/2020 by MarketBeat.com Staff

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