LON:MGGT - Meggitt Share Price, Forecast & News

GBX 269

-41.00 (-13.23 %)

(As of 03/30/2020 02:20 PM ET)

Add

Compare

Today's Range

255.30

Now: GBX 269▼

309.50

50-Day Range

223.20

MA: GBX 507.64▼

671.80

52-Week Range

196.15

Now: GBX 269▼

701.80

Volume6.03 million shs

Average Volume3.38 million shs

Market Capitalization£2.09 billion

P/E Ratio9.51

Dividend Yield7.84%

BetaN/A

Meggitt PLC designs and manufactures components and sub-systems for aerospace, defense, energy, medical, industrial, test, and automotive markets in the United Kingdom, rest of Europe, the United States, and internationally. It operates through Meggitt Aircraft Braking Systems, Meggitt Control Systems, Meggitt Polymers & Composites, Meggitt Sensing Systems, and Meggitt Equipment Group segments. The Meggitt Aircraft Braking Systems segment offers anti-skid, auto braking, brake-by-wire, and integrated brake metering/anti-skid brake control systems; carbon, rotor, electrically-actuated, and steel brakes; integrated tire pressure indicator systems/brake temperature monitoring systems; and landing gear computers, park/emergency valves, auto spoiler deployment, other braking system hydraulic components, main and nose wheels, and tire pressure monitoring systems. The Meggitt Control Systems segment provides aerospace valves, air-oil separators, and retimet filters; heat exchangers; high pressure ducting and flexible joints; and industrial fuel and bleed air control valves, and ground fueling products, as well as aircraft fire protection and control systems. The Meggitt Polymers & Composites segment offers fuel containments and systems, sealing solutions, and advanced composites for the aerospace, marine, and energy sectors. The Meggitt Sensing Systems segment provides sensing, monitoring, power, and motion systems for the aerospace and defense, energy, industrial, and specialty sectors. The Meggitt Equipment Group segment primarily engages in the non-engine actuation, military, and printed circuit heat exchangers businesses. The company was formerly known as Meggitt Holdings Public Limited Company and changed its name to Meggitt PLC in April 1989. Meggitt PLC was founded in 1947 and is based in Christchurch, the United Kingdom.

Industry, Sector and Symbol

Stock Exchange LON

Industry Aerospace/Defense - Major Diversified

Sub-IndustryN/A

SectorIndustrial Products

Current SymbolLON:MGGT

Previous Symbol

CUSIPN/A

CIKN/A

Webhttp://www.meggitt.com/

Phone+44-1202-597597

Debt

Debt-to-Equity Ratio43.41

Current Ratio1.25

Quick Ratio0.69

Price-To-Earnings

Trailing P/E Ratio9.51

Forward P/E Ratio0.08

P/E GrowthN/A

Sales & Book Value

Annual Sales£2.28 billion

Price / Sales0.92

Cash FlowGBX 24.22 per share

Price / Cash Flow11.10

Book ValueGBX 317.20 per share

Price / Book0.85

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees11,739

Outstanding Shares777,566,976

Market Cap£2.09 billion

Next Earnings DateN/A

OptionableNot Optionable

Receive MGGT News and Ratings via Email

Sign-up to receive the latest news and ratings for MGGT and its competitors with MarketBeat's FREE daily newsletter.

Meggitt (LON:MGGT) Frequently Asked Questions

How has Meggitt's stock been impacted by COVID-19 (Coronavirus)?

Meggitt's stock was trading at GBX 454.20 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MGGT shares have decreased by 40.8% and is now trading at GBX 269. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Meggitt?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meggitt in the last year. There are currently 4 sell ratings, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Meggitt.

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

Meggitt announced a dividend on Tuesday, February 25th. Stockholders of record on Thursday, March 19th will be given a dividend of GBX 11.95 per share on Friday, May 1st. This represents a dividend yield of 2.12%. The ex-dividend date of this dividend is Thursday, March 19th. This is an increase from Meggitt's previous dividend of $5.55. The official announcement can be viewed at this link. View Meggitt's dividend history.

What price target have analysts set for MGGT?

14 analysts have issued 1-year target prices for Meggitt's stock. Their forecasts range from GBX 300 to GBX 654. On average, they expect Meggitt's share price to reach GBX 468.55 in the next year. This suggests a possible upside of 74.2% from the stock's current price. View analysts' price targets for Meggitt.

Has Meggitt been receiving favorable news coverage?

News articles about MGGT stock have trended very positive recently, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Meggitt earned a news sentiment score of 4.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutMeggitt.

Who are some of Meggitt's key competitors?

Some companies that are related to Meggitt include Rolls-Royce (RR), CAE (CAE), QinetiQ Group (QQ), PrairieSky Royalty (PSK), Ultra Electronics (ULE), Avon Rubber (AVON), Magellan Aerospace (MAL), Senior (SNR), Cohort (CHRT), Avingtrans (AVG), MS International (MSI), Tel-Instrument Electronics (TIK), Department 13 International (D13) and Leonardo (LDO).

What other stocks do shareholders of Meggitt own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Meggitt investors own include Meggitt (MEGGF), Rolls-Royce (RR), GlaxoSmithKline (GSK), Aviva (AV), BAE Systems (BA), Barclays (BARC), BP (BP), BT Group - CLASS A (BT.A), Centrica (CNA) and Diageo (DGE).

Who are Meggitt's key executives?

Meggitt's management team includes the following people:

Mr. Anthony Wood, CEO & Director
Mr. Philip E. Green, Exec. Director of Commercial & Corp. Affairs and Exec. Director (Age 63)
Ms. Louisa S. Burdett BSc Hons, ACA, CFO & Exec. Director
Mr. Amir Allahverdi, Group Operations Director
Prof. Keith Jackson, Chief Technology Officer (Age 58)

What is Meggitt's stock symbol?

Meggitt trades on the London Stock Exchange (LON) under the ticker symbol "MGGT."

How do I buy shares of Meggitt?

Shares of MGGT and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What is Meggitt's stock price today?

One share of MGGT stock can currently be purchased for approximately GBX 269.

How big of a company is Meggitt?

Meggitt has a market capitalization of £2.09 billion and generates £2.28 billion in revenue each year. Meggitt employs 11,739 workers across the globe. View additional information about Meggitt.

What is Meggitt's official website?

The official website for Meggitt is http://www.meggitt.com/.

How can I contact Meggitt?

Meggitt's mailing address is Atlantic House, 3 Aviation Park West, CHRISTCHURCH, BH23 6EW, United Kingdom. The company can be reached via phone at +44-1202-597597.

MarketBeat Community Rating for Meggitt (LON MGGT)

Community Ranking:		2.1 out of 5 ( )
Outperform Votes:		552 (Vote Outperform)
Underperform Votes:		763 (Vote Underperform)
Total Votes:		1,315

MarketBeat's community ratings are surveys of what our community members think about Meggitt and other stocks. Vote "Outperform" if you believe MGGT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGGT will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 3/30/2020 by MarketBeat.com Staff

Featured Article: What are the benefits of investing in REITs?

Your Ultimate Investing Toolkit

Just $1.00 for your first month.