Magellan Aerospa

MAL-T

TSE:MAL

5.46
0.29 (5.04%)
Magellan Aerospace Corporation is a Canadian manufacturer of aerospace systems and components. Magellan also repairs and overhauls, tests, and provides aftermarket support services for engines, and engine structural components.
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Analysis and Opinions about MAL-T

Signal
Opinion
Expert
PARTIAL BUY
PARTIAL BUY
January 31, 2020
Good exposure to aerospace and the owns it. He would not be selling here. Not a ton of growth and there are some headwinds in the market right now. Murray Edwards owns about 75% of this. The multiples are so low, he would not shy away from buying it at these prices.
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Magellan Aerospa (MAL-T)
January 31, 2020
Good exposure to aerospace and the owns it. He would not be selling here. Not a ton of growth and there are some headwinds in the market right now. Murray Edwards owns about 75% of this. The multiples are so low, he would not shy away from buying it at these prices.
HOLD
HOLD
November 25, 2019
Trades at a cheap 10x earnings. Problem is this stock is very illiquid. The biggest shareholder owns 70% (Murray Edwards of CNQ-T). He's accumulated shares over the years. If the Boeing Max 737 comes back, it will boost this stock. The dividend is minimal. A safe stock in the aerospace sector. He sells around $18, trading it around, but it's still a big position for him.
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Magellan Aerospa (MAL-T)
November 25, 2019
Trades at a cheap 10x earnings. Problem is this stock is very illiquid. The biggest shareholder owns 70% (Murray Edwards of CNQ-T). He's accumulated shares over the years. If the Boeing Max 737 comes back, it will boost this stock. The dividend is minimal. A safe stock in the aerospace sector. He sells around $18, trading it around, but it's still a big position for him.
DON'T BUY
DON'T BUY
March 18, 2019
A yield of about 2%, 15% payout and it ranks well in his model. Analysts suggest a 24% upside. But the earnings outlook is modest. Their PEG ratio suggests they are expensive.
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A yield of about 2%, 15% payout and it ranks well in his model. Analysts suggest a 24% upside. But the earnings outlook is modest. Their PEG ratio suggests they are expensive.
COMMENT
COMMENT
January 14, 2019
Not his favourite in this space, though he follows it. because it's a Canadian company selling into U.S. aerospace, it could suffer American protectionism. He prefers HRX, though they're both good companies.
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Magellan Aerospa (MAL-T)
January 14, 2019
Not his favourite in this space, though he follows it. because it's a Canadian company selling into U.S. aerospace, it could suffer American protectionism. He prefers HRX, though they're both good companies.
PAST TOP PICK
PAST TOP PICK
December 21, 2017

(A Top Pick Feb 28/17. Up 17.83%.) A very low multiple stock. Trades at around 11.5-12×2018 earnings. Part of the reason is that there is not much liquidity with the company. All the other companies in this space trade at around 18X earnings. There is a good chance this company may eventually get taken out. He is going to continue to hold.

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Magellan Aerospa (MAL-T)
December 21, 2017

(A Top Pick Feb 28/17. Up 17.83%.) A very low multiple stock. Trades at around 11.5-12×2018 earnings. Part of the reason is that there is not much liquidity with the company. All the other companies in this space trade at around 18X earnings. There is a good chance this company may eventually get taken out. He is going to continue to hold.

HOLD
HOLD
May 25, 2017

He really likes this company. The multiple is very low. When he recommended it in the past, it was about 10X earnings. You only have to get a couple of multiple readings above that to get a much, much higher stock price. Last quarter wasn’t great, but thinks the cash flow generation is still there. The problem is that it is very illiquid, so for individuals it is a good one to own, but for institutions it is difficult.

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He really likes this company. The multiple is very low. When he recommended it in the past, it was about 10X earnings. You only have to get a couple of multiple readings above that to get a much, much higher stock price. Last quarter wasn’t great, but thinks the cash flow generation is still there. The problem is that it is very illiquid, so for individuals it is a good one to own, but for institutions it is difficult.

TOP PICK
TOP PICK
February 28, 2017

Manufactures components for Airbus and Boeing. Trading at 11X trailing earnings and 10X forward earnings. They’ve done an incredible job. At some point, maybe they buy something, and then they can add some liquidity. A good balance sheet. They’ve grown the earnings at 24% over the last few years. Dividend yield of 1.5%. (Analysts’ price target is $23.25.)

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Magellan Aerospa (MAL-T)
February 28, 2017

Manufactures components for Airbus and Boeing. Trading at 11X trailing earnings and 10X forward earnings. They’ve done an incredible job. At some point, maybe they buy something, and then they can add some liquidity. A good balance sheet. They’ve grown the earnings at 24% over the last few years. Dividend yield of 1.5%. (Analysts’ price target is $23.25.)

BUY
BUY
June 6, 2016

Has always had nice contracts with Boeing and Airbus. It has been a long horizon for them to get to the stage to finally enjoy some of these great contracts. As long as the aerospace business continues to do well, and he thinks it will, the company will do well. This is one you probably should think about owning.

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Has always had nice contracts with Boeing and Airbus. It has been a long horizon for them to get to the stage to finally enjoy some of these great contracts. As long as the aerospace business continues to do well, and he thinks it will, the company will do well. This is one you probably should think about owning.

BUY
BUY
March 28, 2016

A real Canadian success story. Manufacturers landing gears. Doesn’t have a lot of customers to sell its products to, but has an entrenched relationship. Over time he expects we will see more air travel, especially coming out of Asia. An interesting way to play that.

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A real Canadian success story. Manufacturers landing gears. Doesn’t have a lot of customers to sell its products to, but has an entrenched relationship. Over time he expects we will see more air travel, especially coming out of Asia. An interesting way to play that.

PAST TOP PICK
PAST TOP PICK
September 2, 2015

(A Top Pick Nov 12/14. Up 20.99%.) There has been tremendous growth in the airline business. A wonderful Canadian story. Thinks it is going to be a continuing growth story going forward.

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Magellan Aerospa (MAL-T)
September 2, 2015

(A Top Pick Nov 12/14. Up 20.99%.) There has been tremendous growth in the airline business. A wonderful Canadian story. Thinks it is going to be a continuing growth story going forward.

PAST TOP PICK
PAST TOP PICK
July 17, 2015

(A Top Pick Nov 12/14. Up 27.78%.) The drop in energy prices has certainly helped this company. You are probably better off owning an airline manufacturer rather than an airline itself. This makes all kinds of airline components.

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(A Top Pick Nov 12/14. Up 27.78%.) The drop in energy prices has certainly helped this company. You are probably better off owning an airline manufacturer rather than an airline itself. This makes all kinds of airline components.

COMMENT
COMMENT
June 3, 2015

Like others in the aerospace parts manufacturers, it is in a pretty good space because the number of plane orders is going up and you are going to see continued growth in revenue streams. It has really gone sideways for most of last year. There doesn’t seem to be any signs of a roll over yet.

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Like others in the aerospace parts manufacturers, it is in a pretty good space because the number of plane orders is going up and you are going to see continued growth in revenue streams. It has really gone sideways for most of last year. There doesn’t seem to be any signs of a roll over yet.

TOP PICK
TOP PICK
April 1, 2015

This is a classic Canadian exporter. They were hurt really hard when the Cdn$ was at $1.07. Since that time their margins have lifted and expanded nicely. Revenues have grown. Aerospace backlogs go out another 5 years. Trading at 10X earnings. Yield of 1.64%.

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This is a classic Canadian exporter. They were hurt really hard when the Cdn$ was at $1.07. Since that time their margins have lifted and expanded nicely. Revenues have grown. Aerospace backlogs go out another 5 years. Trading at 10X earnings. Yield of 1.64%.

PAST TOP PICK
PAST TOP PICK
February 13, 2015

(A Top Pick Nov 12/14. Up 1.57%.) He really likes this because the demand for aircraft parts is still tremendous. A great Canadian story that is not about financial services, energy or materials.

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Magellan Aerospa (MAL-T)
February 13, 2015

(A Top Pick Nov 12/14. Up 1.57%.) He really likes this because the demand for aircraft parts is still tremendous. A great Canadian story that is not about financial services, energy or materials.

PAST TOP PICK
PAST TOP PICK
January 26, 2015

(Top Pick Jan 10/14, Up 67.01%) It was knocked down the week before he came on, to dumb levels. They have been buying back their debt aggressively and now they are raising their dividend. This is going to play out for a long time here.

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Magellan Aerospa (MAL-T)
January 26, 2015

(Top Pick Jan 10/14, Up 67.01%) It was knocked down the week before he came on, to dumb levels. They have been buying back their debt aggressively and now they are raising their dividend. This is going to play out for a long time here.

Showing 1 to 15 of 49 entries

Magellan Aerospa(MAL-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Magellan Aerospa is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Magellan Aerospa(MAL-T) Frequently Asked Questions

What is Magellan Aerospa stock symbol?

Magellan Aerospa is a Canadian stock, trading under the symbol MAL-T on the Toronto Stock Exchange (MAL-CT). It is usually referred to as TSX:MAL or MAL-T

Is Magellan Aerospa a buy or a sell?

In the last year, 2 stock analyst published opinions about MAL-T. 1 analyst recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is PARTIAL BUY. Read the latest stock experts' ratings for Magellan Aerospa.

Is Magellan Aerospa a good investment or a top pick?

Magellan Aerospa was recommended as a Top Pick by Peter Imhof on 2020-01-31. Read the latest stock experts ratings for Magellan Aerospa.

Why is Magellan Aerospa stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Magellan Aerospa worth watching?

2 stock analyst on Stockchase covered Magellan Aerospa In the last year. It is a trending stock that is worth watching.

What is Magellan Aerospa stock price?

On 2020-04-03, Magellan Aerospa (MAL-T) stock closed at a price of $5.46.