TSE:MAL - Magellan Aerospace Stock Price, News, & Analysis

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C$14.58 -0.31 (-2.08 %)
(As of 01/22/2019 04:00 PM ET)
Previous CloseC$14.89
Today's RangeC$14.48 - C$14.94
52-Week RangeC$13.20 - C$21.20
Volume21,237 shs
Average Volume9,147 shs
Market CapitalizationC$848.69 million
P/E Ratio9.12
Dividend Yield2.69%
BetaN/A
Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, and manufactures aero engine and aero structure components for aerospace markets in Canada, the United Sates, and Europe. 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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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$958.49 million
Cash FlowC$0.38 per share
Book ValueC$12.92 per share

Profitability

Miscellaneous

Employees3,800
Market CapC$848.69 million
OptionableNot Optionable

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 Thursday, December 13th. Investors of record on Monday, December 31st will be paid a dividend of 0.10 per share on Monday, December 31st. This represents a $0.40 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Thursday, December 13th. This is a positive change from Magellan Aerospace's previous quarterly dividend of $0.09. View Magellan Aerospace's Dividend History.

How were Magellan Aerospace's earnings last quarter?

Magellan Aerospace Corp (TSE:MAL) released its quarterly earnings results on Tuesday, November, 6th. The company reported $0.32 earnings per share for the quarter. The firm had revenue of $226.52 million for the quarter. View Magellan Aerospace's Earnings History.

When is Magellan Aerospace's next earnings date?

Magellan Aerospace is scheduled to release their next quarterly earnings announcement on Tuesday, March 5th 2019. View Earnings Estimates for Magellan Aerospace.

What price target have analysts set for MAL?

2 analysts have issued 1 year target prices for Magellan Aerospace's stock. Their forecasts range from C$21.00 to C$22.00. On average, they expect Magellan Aerospace's share price to reach C$21.50 in the next year. This suggests a possible upside of 47.5% 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Magellan Aerospace.

Has Magellan Aerospace been receiving favorable news coverage?

News headlines about MAL stock have been trending very positive this week, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Magellan Aerospace earned a media sentiment score of 3.2 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are some of Magellan Aerospace's key competitors?

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, CFO & Corp. Sec.
  • Ms. Jo-Ann C. Ball, VP of HR
  • Laura Podaima, Director of Marketing Services & Corp. Communications

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$14.58.

How big of a company is Magellan Aerospace?

Magellan Aerospace has a market capitalization of C$848.69 million and generates C$958.49 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 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:  162 (Vote Outperform)
Underperform Votes:  109 (Vote Underperform)
Total Votes:  271
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 1/22/2019 by MarketBeat.com Staff

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