Log in

LON:MGGTMeggitt Share Price, Forecast & News

GBX 284
+1.50 (+0.53 %)
(As of 08/7/2020 04:00 PM ET)
Add
Compare
Today's Range
273.90
Now: GBX 284
289.10
50-Day Range
268.80
MA: GBX 301.94
324
52-Week Range
2.89
Now: GBX 284
701.80
Volume1.73 million shs
Average Volume3.38 million shs
Market Capitalization£2.22 billion
P/E Ratio10.04
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.
Read More
Meggitt logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.49 out of 5 stars


Industry, Sector and Symbol

Industry Aerospace/Defense - Major Diversified
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+44-1202-597597

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales£2.28 billion
Cash FlowGBX 21.45 per share
Book ValueGBX 317.20 per share

Profitability

Miscellaneous

Employees11,739
Market Cap£2.22 billion
Next Earnings Date9/8/2020 (Estimated)
OptionableNot Optionable
GBX 284
+1.50 (+0.53 %)
(As of 08/7/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles











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 (WHO). Since then, MGGT shares have decreased by 37.5% and is now trading at GBX 284.
View which stocks have been most 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 5 sell ratings, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Meggitt
.

When is Meggitt's next earnings date?

Meggitt is scheduled to release its next quarterly earnings announcement on Tuesday, September 8th 2020.
View our earnings forecast 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 paid a dividend of GBX 11.95 per share on Friday, May 1st. This represents a yield of 2.12%. The ex-dividend date is Thursday, March 19th. This is an increase from Meggitt's previous dividend of GBX 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 Wall Street analysts have issued 1 year price objectives for Meggitt's shares. Their forecasts range from GBX 205 to GBX 510. On average, they expect Meggitt's share price to reach GBX 351 in the next year. This suggests a possible upside of 23.6% from the stock's current price.
View analysts' price targets for Meggitt
.

Has Meggitt been receiving favorable news coverage?

News headlines about MGGT stock have trended negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Meggitt earned a daily sentiment score of -2.5 on InfoTrie's scale. They also gave news stories 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 immediate future.
View the latest news about Meggitt
.

Who are some of Meggitt's key competitors?

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), Aviva (AV), Barclays (BARC), BP (BP), GlaxoSmithKline (GSK), Lloyds Banking Group (LLOY), BAE Systems (BA), 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 284.

How big of a company is Meggitt?

Meggitt has a market capitalization of £2.22 billion and generates £2.28 billion in revenue each year. Meggitt employs 11,739 workers across the globe.

What is Meggitt's official website?

The official website for Meggitt is 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.

This page was last updated on 8/8/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.