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LON:MGGTMeggitt Share Price, Forecast & News

GBX 268.80
-6.70 (-2.43 %)
(As of 07/14/2020)
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Today's Range
268.80
Now: GBX 268.80▼
279.40
50-Day Range
278.30
MA: GBX 306.45▼
357.40
52-Week Range
2.89
Now: GBX 268.80▼
701.80
Volume2.09 million shs
Average Volume3.38 million shs
Market Capitalization£2.10 billion
P/E Ratio9.50
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.
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Beat the Market (BTM) Rank™

Analyst Opinion: 4.0Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

2.69 out of 5 stars


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
Webwww.meggitt.com
Phone+44-1202-597597

Debt

Debt-to-Equity Ratio43.41
Current Ratio1.25
Quick Ratio0.67

Price-To-Earnings

Trailing P/E Ratio9.50
Forward P/E Ratio0.07
P/E GrowthN/A

Sales & Book Value

Annual Sales£2.28 billion
Price / Sales0.92
Cash FlowGBX 20.30 per share
Price / Cash Flow13.24
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 Shares780,705,024
Market Cap£2.10 billion
Next Earnings Date9/8/2020 (Estimated)
OptionableNot Optionable
GBX 268.80
-6.70 (-2.43 %)
(As of 07/14/2020)
30 days | 90 days | 365 days | Advanced Chart

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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 stock has decreased by 40.8% and is now trading at GBX 268.80.
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. Shareholders of record on Thursday, March 19th will be given 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 a positive change from Meggitt's previous dividend of GBX 5.55. The official announcement can be seen at this link.
View Meggitt's dividend history.

What price target have analysts set for MGGT?

14 equities research analysts have issued 12 month price targets 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 30.6% from the stock's current price.
View analysts' price targets for Meggitt.

Has Meggitt been receiving favorable news coverage?

Headlines about MGGT stock have trended negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Meggitt earned a coverage optimism score of -2.2 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
View the latest news about Meggitt.

Who are some of Meggitt's key competitors?

Some companies that are related to Meggitt include CAE (CAE), Rolls-Royce (RR), PrairieSky Royalty (PSK), QinetiQ Group (QQ), Ultra Electronics (ULE), Avon Rubber (AVON), Magellan Aerospace (MAL), Cohort (CHRT), Senior (SNR), Avingtrans (AVG), MS International (MSI), Tel-Instrument Electronics (TIK), Department 13 International (D13) and Leonardo (LDO).
View all 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 268.80.

How big of a company is Meggitt?

Meggitt has a market capitalization of £2.10 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 8/3/2020 by MarketBeat.com Staff
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