Magellan Aerospace Stock Today
| MAL Stock | CAD 10.82 0.20 1.88% |
Performance10 of 100
| Odds Of DistressLess than 6
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Magellan Aerospace is selling at 10.82 as of the 12th of November 2024; that is 1.88% increase since the beginning of the trading day. The stock's open price was 10.62. Magellan Aerospace has only a 6 % chance of going through financial distress over the next few years and had a ok performance during the last 90 days. Equity ratings for Magellan Aerospace are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of November 2022 and ending today, the 12th of November 2024. Click here to learn more.
Business Domain Capital Goods | Category Industrials |
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. Magellan Aerospace Corporation was founded in 1994 and is headquartered in Mississauga, Canada. The company has 57.14 M outstanding shares of which 175.44 K shares are now shorted by private and institutional investors with about 11.91 days to cover all short positions. More on Magellan Aerospace
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Magellan Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Magellan Aerospace's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Magellan Aerospace or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Phillip Underwood | ||||
| Business Concentration | Aerospace & Defense, Industrials, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors) | ||||
Magellan Aerospace's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Magellan Aerospace's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsMagellan Aerospace can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Magellan Aerospace's financial leverage. It provides some insight into what part of Magellan Aerospace's total assets is financed by creditors.
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Magellan Aerospace (MAL) is traded on Toronto Exchange in Canada and employs 3,850 people. Magellan Aerospace is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 618.29 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magellan Aerospace's market, we take the total number of its shares issued and multiply it by Magellan Aerospace's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Magellan Aerospace operates under Aerospace & Defense sector and is part of Industrials industry. The entity has 57.14 M outstanding shares of which 175.44 K shares are now shorted by private and institutional investors with about 11.91 days to cover all short positions.
Magellan Aerospace has accumulated about 2.75 M in cash with (17.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.06.
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Ownership AllocationMagellan Aerospace maintains a total of 57.14 Million outstanding shares. Magellan Aerospace secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 79.3 % of Magellan Aerospace outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Magellan Aerospace Risk Profiles
Although Magellan Aerospace's alpha and beta are two of the key measurements used to evaluate Magellan Aerospace's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.48 | |||
| Semi Deviation | 1.26 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.02 |
Magellan Stock Against Markets
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| All Next | Launch Module |
Magellan Aerospace Corporate Directors
| Beth Bandler | Independent Director | Profile | |
| Steven Somerville | Independent Director | Profile | |
| William Davis | Independent Director | Profile | |
| Bruce Gowan | Independent Director | Profile |
Other Information on Investing in Magellan Stock
Magellan Aerospace financial ratios help investors to determine whether Magellan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Magellan with respect to the benefits of owning Magellan Aerospace security.