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1 Comment
Magellan Aerospace Corporation is currently in a long term uptrend where the price is trading 11.1% above its 200 day moving average.
From a valuation standpoint, the stock is 97.5% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.8.
Magellan Aerospace Corporation's total revenue sank by 27.0% to $180M since the same quarter in the previous year.
Its net income has dropped by 343.1% to $-23M since the same quarter in the previous year.
Finally, its free cash flow fell by 14.8% to $23M since the same quarter in the previous year.
Based on the above factors, Magellan Aerospace Corporation gets an overall score of 2/5.
ISIN | CA5589122004 |
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Industry | Aerospace & Defense |
Sector | Industrials |
CurrencyCode | CAD |
Exchange | TO |
Market Cap | 411M |
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PE Ratio | None |
Beta | 1.07 |
Dividend Yield | 1.4% |
Target Price | 9.25 |
Magellan Aerospace Corporation, through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe. It offers aero engine products, such as laser welded honeycomb and filament wound tubes, engine frames, 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. The company 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, 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, 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.
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