Meggitt PLC is an engineering company. The Company designs and manufactures high performance components and sub-systems for aerospace, defense and other specialist markets, including energy, medical, industrial, test and automotive. The Company's segments are Meggitt Aircraft Braking Systems (MABS), Meggitt Control Systems (MCS), Meggitt Polymers & Composites (MPC), Meggitt Sensing Systems (MSS) and the Meggitt Equipment Group (MEG). Its MABS supplies aircraft wheels, brakes and brake control systems. Its MCS supplies pneumatic, fluid control, thermal management and electro-mechanical equipment and sub-systems. Its MPC specializes in fuel containment and systems, sealing solutions and advanced composites. Its MSS provides sensing, monitoring, power and motion systems, which specializes in products designed to operate in demanding conditions across a range of applications. Its MEG enables a set of technologically distinct businesses to market their offerings to specialist customers.
Industry, Sector and Symbol:
- Sector: Industrials
- Industry: Aircraft Parts Manufacturing - NEC
- Sub-Industry: N/A
- Symbol: LON:MGGT
- CUSIP: N/A
- Web: www.meggitt.com
Capitalization:- Market Cap: £3.83 billion
- Outstanding Shares: 774,309,000
Average Prices:- 50 Day Moving Avg: GBX 494.10
- 200 Day Moving Avg: GBX 462.34
- 52 Week Range: GBX 398.30 - GBX 510.50
P/E:- Trailing P/E Ratio: 22.70
- P/E Growth: 1.78
Sales & Book Value:- Annual Revenue: £1.99 billion
- Price / Sales: 1.93
- Book Value: GBX 3.17 per share
- Price / Book: 1.56
Dividend:
Profitability:- EBIDTA: £413.8 million
- Net Margins: 11.64%
- Return on Equity: 10.90%
- Return on Assets: 5.06%
Misc:- Average Volume: 2.38 million shs.
Frequently Asked Questions for Meggitt plc (LON:MGGT)
What is Meggitt plc's stock symbol?
Meggitt plc trades on the London Stock Exchange (LON) under the ticker symbol "MGGT."
How often does Meggitt plc pay dividends? What is the dividend yield for Meggitt plc?
Meggitt plc announced a dividend on Tuesday, February 28th. Stockholders of record on Thursday, March 23rd will be given a dividend of GBX 10.30 per share on Friday, May 5th. This represents a dividend yield of 2.19%. The ex-dividend date of this dividend is Thursday, March 23rd. This is a positive change from Meggitt plc's previous dividend of $4.80. The official announcement can be accessed at this link. View Meggitt plc's Dividend History.
Where is Meggitt plc's stock going? Where will Meggitt plc's stock price be in 2017?
16 brokerages have issued 1-year price objectives for Meggitt plc's shares. Their predictions range from GBX 325 to GBX 575. On average, they expect Meggitt plc's share price to reach GBX 455.07 in the next year. View Analyst Ratings for Meggitt plc.
Who are some of Meggitt plc's key competitors?
Some companies that are related to Meggitt plc include Worldpay Group PLC (WPG), Bunzl plc (BNZL), Intertek Group plc (ITRK), Smiths Group plc (SMIN), Allison Transmission Holdings (ALSN), easyJet plc (EZJ), G4S plc (GFS), Rentokil Initial plc (RTO), Capita PLC (CPI), Melrose Industries PLC (MRO), Babcock International Group PLC (BAB), Halma plc (HLMA), Spirax-Sarco Engineering plc (SPX), Bombardier (BDRBF), Weir Group PLC (WEIR), Royal Mail PLC (RMG), Schneider National (SNDR) and IMI plc (IMI).
Who are Meggitt plc's key executives?
Meggitt plc's management team includes the folowing people:
- Stephen G. Young, Chief Executive Officer, Executive Director
- Doug R. Webb, Chief Financial Officer
- Tony Wood, Chief Operating Officer, Executive Director
- Philip E. Green, Executive Director, Commercial and Corporate Affairs
- Marina L. Thomas, Group Company Secretary
- Nigel Rudd, Non-Executive Chairman of the Board
- Nancy L. Gioia, Director
- Alison J.P. Goligher, Non-Executive Director
- Guy S. Berruyer, Non-Executive Independent Director
- Colin R. Day, Non-Executive Independent Director
How do I buy Meggitt plc stock?
Shares of Meggitt plc 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 plc's stock price today?
One share of Meggitt plc stock can currently be purchased for approximately GBX 494.80.
MarketBeat Community Rating for Meggitt plc (LON MGGT)MarketBeat's community ratings are surveys of what our community members think about Meggitt plc and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Meggitt plc (LON:MGGT) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 4 Sell Ratings, 8 Hold Ratings, 4 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | GBX 455.07 |
Analysts' Ratings History for Meggitt plc (LON:MGGT)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 7/18/2017 | Barclays PLC | Reiterated Rating | Overweight | |  |
| 7/7/2017 | Deutsche Bank AG | Reiterated Rating | Hold | GBX 456 | |
| 7/5/2017 | J P Morgan Chase & Co | Upgrade | Overweight | GBX 505 -> GBX 575 | |
| 7/4/2017 | Liberum Capital | Reiterated Rating | Sell | GBX 375 | |
| 6/22/2017 | Goldman Sachs Group, Inc. (The) | Reiterated Rating | Neutral | GBX 457 | |
| 5/12/2017 | Citigroup Inc. | Reiterated Rating | Neutral | GBX 500 | |
| 4/12/2017 | Bank of America Corporation | Upgrade | Buy | GBX 530 | |
| 3/10/2017 | Berenberg Bank | Boost Price Target | Hold | GBX 440 -> GBX 490 | |
| 2/10/2017 | BNP Paribas | Reiterated Rating | Neutral | GBX 430 | |
| 12/22/2016 | Canaccord Genuity | Reiterated Rating | Sell | GBX 370 | |
| 12/19/2016 | Panmure Gordon | Reiterated Rating | Sell | GBX 325 | |
| 10/27/2016 | Beaufort Securities | Reiterated Rating | Buy | | |
| 10/3/2016 | Credit Suisse Group | Reiterated Rating | Underperform | | |
| 8/30/2016 | Jefferies Group LLC | Lower Price Target | Hold | GBX 550 -> GBX 500 | |
| 8/4/2016 | Morgan Stanley | Boost Price Target | Equal weight | GBX 435 -> GBX 450 | |
| 8/3/2016 | Societe Generale | Reiterated Rating | Hold | GBX 438 | |
| 4/20/2016 | Royal Bank Of Canada | Reiterated Rating | Outperform | GBX 480 | |
| 3/11/2016 | Sanford C. Bernstein | Reiterated Rating | Market Perform | GBX 386 | |
| 3/8/2016 | Haitong Bank | Reiterated Rating | Buy | GBX 465 | |
| 3/8/2016 | Investec | Downgrade | Add | GBX 420 -> GBX 440 | |
| 2/11/2016 | Raymond James Financial, Inc. | Upgrade | Strong-Buy | GBX 550 | |
| 2/4/2016 | AlphaValue | Reiterated Rating | Add | GBX 387 | |
| 10/29/2015 | WH Ireland | Downgrade | Reduce | | |
| 8/20/2015 | BESI Research | Reiterated Rating | Buy | GBX 570 | |
| 8/20/2015 | Espirito Santo Investment Bank Research | Reiterated Rating | Buy | GBX 570 | |
(Data available from 7/22/2015 forward)
Earnings History for Meggitt plc (LON:MGGT)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Meggitt plc (LON:MGGT)Current Year EPS Consensus Estimate: $35.50 EPS
Dividend History by Quarter for Meggitt plc (LON MGGT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/28/2017 | | GBX 10.30 | 2.19% | 3/23/2017 | 3/23/2017 | 5/5/2017 |
| 8/2/2016 | | GBX 4.80 | 1.14% | 9/8/2016 | 9/8/2016 | 9/30/2016 |
| 2/23/2016 | | GBX 9.80 | 2.29% | 3/24/2016 | 3/24/2016 | 5/6/2016 |
| 8/4/2015 | | GBX 4.60 | 0.92% | 9/3/2015 | 9/3/2015 | 10/2/2015 |
| 8/5/2014 | | GBX 4.25 | 0.89% | 8/13/2014 | 8/13/2014 | 10/3/2014 |
| 3/4/2014 | | GBX 8.80 | 1.74% | 3/12/2014 | 3/12/2014 | 5/9/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Meggitt plc (LON:MGGT)Insider Trades by Quarter for Meggitt plc (LON:MGGT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 7/10/2017 | Stephen G Young | Insider | Buy | 25 | GBX 489 | £122.25 | |
| 6/12/2017 | Philip Ernest Green | Insider | Buy | 25 | GBX 496 | £124 | |
| 5/22/2017 | Doug Webb | Insider | Sell | 16,869 | GBX 482 | £81,308.58 | |
| 5/10/2017 | Philip Ernest Green | Insider | Buy | 26 | GBX 482 | £125.32 | |
| 5/5/2017 | Paul Heiden | Insider | Buy | 134 | GBX 474 | £635.16 | |
| 4/1/2017 | Philip Ernest Green | Insider | Sell | 7,434 | GBX 441 | £32,783.94 | |
| 3/22/2017 | Stephen G Young | Insider | Sell | 30,120 | GBX 442 | £133,130.40 | |
| 3/13/2017 | Colin R Day | Insider | Buy | 25,000 | GBX 453 | £113,250 | |
| 3/10/2017 | Stephen G Young | Insider | Buy | 28 | GBX 457 | £127.96 | |
| 2/28/2017 | Tony Wood | Insider | Buy | 10,378 | GBX 478 | £49,606.84 | |
| 2/10/2017 | Stephen G Young | Insider | Buy | 29 | GBX 430 | £124.70 | |
| 1/10/2017 | Philip Ernest Green | Insider | Buy | 28 | GBX 451 | £126.28 | |
| 12/12/2016 | Philip Ernest Green | Insider | Buy | 26 | GBX 474 | £123.24 | |
| 11/21/2016 | Nigel Rudd | Insider | Buy | 1,050 | GBX 454 | £4,767 | |
| 11/10/2016 | Philip Ernest Green | Insider | Buy | 27 | GBX 465 | £125.55 | |
| 10/10/2016 | Stephen G Young | Insider | Buy | 27 | GBX 464 | £125.28 | |
| 9/12/2016 | Green,Philip Ernest | Insider | Buy | 27 | GBX 462 | £124.74 | |
| 8/10/2016 | Green,Philip Ernest | Insider | Buy | 27 | GBX 462 | £124.74 | |
| 7/11/2016 | Young,Stephen G | Insider | Buy | 30 | GBX 409 | £122.70 | |
| 6/10/2016 | Young,Stephen G | Insider | Buy | 33 | GBX 379 | £125.07 | |
| 5/23/2016 | Rudd,Nigel | Insider | Buy | 5,100 | GBX 383 | £19,533 | |
| 5/10/2016 | Green,Philip Ernest | Insider | Buy | 30 | GBX 410 | £123 | |
| 4/11/2016 | Webb,Doug | Insider | Buy | 32 | GBX 388 | £124.16 | |
| 4/4/2016 | Webb,Doug | Insider | Buy | 20,000 | GBX 401 | £80,200 | |
| 3/10/2016 | Johnson ,David | Insider | Buy | 30 | GBX 410 | £123 | |
| 2/10/2016 | Green,Philip Ernest | Insider | Buy | 35 | GBX 353 | £123.55 | |
| 1/11/2016 | Young,Stephen G | Insider | Buy | 34 | GBX 364 | £123.76 | |
| 12/10/2015 | Webb,Doug | Insider | Buy | 34 | GBX 368 | £125.12 | |
| 11/10/2015 | Webb,Doug | Insider | Buy | 33 | GBX 376 | £124.08 | |
| 11/9/2015 | Day,Colin R | Insider | Buy | 25,000 | GBX 384 | £96,000 | |
| 11/2/2015 | Berruyer,Guy | Insider | Buy | 10,000 | GBX 355 | £35,500 | |
| 10/30/2015 | Young,Stephen G | Insider | Buy | 100,000 | GBX 353 | £353,000 | |
| 10/13/2015 | Green,Philip Ernest | Insider | Buy | 26 | GBX 487 | £126.62 | |
| 9/11/2015 | Webb,Doug | Insider | Buy | 26 | GBX 491 | £127.66 | |
| 8/20/2015 | Webb,Doug | Insider | Buy | 20,000 | GBX 485 | £97,000 | |
| 8/19/2015 | Rudd,Nigel | Insider | Buy | 20,000 | GBX 497 | £99,400 | |
| 8/11/2015 | Green,Philip Ernest | Insider | Buy | 25 | GBX 507 | £126.75 | |
| 7/13/2015 | Webb,Doug | Insider | Buy | 27 | GBX 463 | £125.01 | |
| 3/23/2015 | Nigel Rudd | Insider | Buy | 20,000 | GBX 564.50 | £112,900 | |
| 3/3/2015 | Philip Ernest Green | Insider | Sell | 4,756 | GBX 543 | £25,825.08 | |
(Data available from 1/1/2013 forward)
Headline Trends for Meggitt plc (LON:MGGT)
Latest Headlines for Meggitt plc (LON:MGGT)
| Source: |
|
| Date | Headline |
|---|
 | Meggitt plc (LON:MGGT) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 14 at 12:56 PM |
 | Steven Romick Buys Mylan, Adds to 4 Holdings in 2nd Quarter - Nasdaq
www.nasdaq.com - July 12 at 3:27 AM |
| Meggitt plc (LON:MGGT) Insider Stephen G. Young Purchases 25 Shares
www.americanbankingnews.com - July 11 at 1:48 PM |
| Meggitt plc (MGGT) Upgraded to "Overweight" at J P Morgan Chase & Co
www.americanbankingnews.com - July 10 at 12:42 AM |
| Deutsche Bank AG Reaffirms Hold Rating for Meggitt plc (LON:MGGT)
www.americanbankingnews.com - July 8 at 10:04 AM |
| Meggitt plc (LON:MGGT) Stock Rating Reaffirmed by Liberum Capital
www.americanbankingnews.com - July 4 at 4:42 PM |
| Meggitt plc (MGGT) Earns Neutral Rating from Goldman Sachs Group, Inc. (The)
www.americanbankingnews.com - June 25 at 7:36 AM |
 | PARIS: Meggitt to supply 777X secondary flight displays
finance.yahoo.com - June 20 at 7:52 AM |
| Meggitt plc (MGGT) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - June 19 at 12:48 PM |
| Meggitt plc's (MGGT) "Hold" Rating Reaffirmed at Deutsche Bank AG
www.americanbankingnews.com - June 18 at 12:16 AM |
| Insider Buying: Meggitt plc (MGGT) Insider Acquires 25 Shares of Stock
www.americanbankingnews.com - June 13 at 1:14 PM |
| Meggitt plc (MGGT) Given New GBX 505 Price Target at JPMorgan Chase & Co.
www.americanbankingnews.com - May 28 at 3:56 PM |
| Doug Webb Sells 16,869 Shares of Meggitt plc (MGGT) Stock
www.americanbankingnews.com - May 24 at 7:24 AM |
| Meggitt plc (MGGT) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - May 23 at 12:52 PM |
| ETFs with exposure to Meggitt Plc : May 22, 2017
finance.yahoo.com - May 22 at 5:52 PM |
| Meggitt Plc :MGGT-GB: Earnings Analysis: For the six months ended December 31, 2016 : May 18, 2017
finance.yahoo.com - May 19 at 11:05 AM |
| Deutsche Bank AG Trims Meggitt plc (MGGT) Target Price to GBX 456
www.americanbankingnews.com - May 18 at 5:20 PM |
| Meggitt plc (MGGT) Receives "Neutral" Rating from Citigroup Inc
www.americanbankingnews.com - May 13 at 2:05 PM |
| Insider Buying: Meggitt plc (MGGT) Insider Buys 26 Shares of Stock
www.americanbankingnews.com - May 11 at 1:38 PM |
| Meggitt plc (MGGT) Insider Buys £635.16 in Stock
www.americanbankingnews.com - May 9 at 7:20 AM |
| Liberum Capital Reaffirms Sell Rating for Meggitt plc (MGGT)
www.americanbankingnews.com - April 30 at 3:47 PM |
| Meggitt plc (MGGT) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 28 at 2:20 PM |
 | Meggitt logs 5% drop in US defense demand - MarketWatch
www.marketwatch.com - April 27 at 9:36 AM |
| Meggitt plc (MGGT) Given Neutral Rating at JPMorgan Chase & Co.
www.americanbankingnews.com - April 22 at 5:27 PM |
| Meggitt plc (MGGT) Upgraded by Bank of America Corp to "Buy"
www.americanbankingnews.com - April 18 at 1:35 AM |
| Meggitt plc (MGGT) Earns Overweight Rating from Barclays PLC
www.americanbankingnews.com - April 14 at 12:28 AM |
| Meggitt plc (MGGT) Raised to Buy at Bank of America Corp
www.americanbankingnews.com - April 12 at 12:19 PM |
| Meggitt plc (MGGT) Given Sell Rating at Liberum Capital
www.americanbankingnews.com - April 7 at 6:59 PM |
| Meggitt plc (MGGT) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 6 at 4:45 PM |
| Meggitt plc (MGGT) Insider Philip Ernest Green Sells 7,434 Shares
www.americanbankingnews.com - April 4 at 11:21 AM |
| Meggitt plc's (MGGT) Overweight Rating Reaffirmed at Barclays PLC
www.americanbankingnews.com - April 2 at 1:36 PM |
| Meggitt plc's (MGGT) Overweight Rating Reiterated at Barclays PLC
www.americanbankingnews.com - March 25 at 10:10 PM |
| Meggitt plc (MGGT) Insider Sells £133,130.40 in Stock
www.americanbankingnews.com - March 23 at 9:17 AM |
| Meggitt plc (MGGT) Given New GBX 490 Price Target at Berenberg Bank
www.americanbankingnews.com - March 16 at 4:00 AM |
| Meggitt plc (MGGT) Insider Acquires £113,250 in Stock
www.americanbankingnews.com - March 14 at 5:14 AM |
| Meggitt plc (MGGT) Insider Stephen G. Young Acquires 28 Shares
www.americanbankingnews.com - March 14 at 5:14 AM |
| Meggitt plc (MGGT) – Investment Analysts’ Weekly Ratings Changes
www.americanbankingnews.com - March 9 at 10:48 AM |
| Meggitt FY16 Pre-tax Profit Down 7%, But Revenue Rises; Lifts Dividend
www.nasdaq.com - February 28 at 10:05 AM |
| Meggitt hikes dividend despite fall in 2016 profit
www.marketwatch.com - February 28 at 10:05 AM |
 | Do Calm Markets Mean a Crash Is Coming?
blogs.wsj.com - February 28 at 10:04 AM |
 | Meggitt Training Systems to Demonstrate Shooting Range Equipment at IWA Outdoor Classics 2017
uk.finance.yahoo.com - February 7 at 7:51 PM |
 | Meggitt Plc Sells Meggitt Target Systems To QinetiQ - Quick Facts
www.rttnews.com - December 21 at 7:23 PM |
Meggitt plc (MGGT) Chart for Saturday, July, 22, 2017
