LON:MROMelrose Industries Share Price, Forecast & News

GBX 122.32

+16.37 (+15.45 %)

(As of 05/27/2020 06:19 AM ET)

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Today's Range

106.65

Now: GBX 122.32▼

123.43

50-Day Range

74.36

MA: GBX 92.51▼

103.20

52-Week Range

Now: GBX 122.32▼

309.40

Volume10.67 million shs

Average Volume14.82 million shs

Market Capitalization£5.94 billion

P/E RatioN/A

Dividend Yield5.84%

BetaN/A

Melrose Industries PLC engages in the aerospace, automotive, powder metallurgy, air and security, and other industrial businesses. Its Aerospace segment supplies airframe and engine structures, landing gears, specialist technologies, and aftermarket services for commercial and military aircraft. The company's Automotive segment designs, develops, manufactures, and integrates driveline technologies for car manufacturers; and operates as an all-wheel drive systems integrator and electric powertrain systems engineer. The company's Powder Metallurgy segment offers metal solutions and precision powder metal parts for the automotive and industrial sectors; and produces powder metal. Its Nortek Air & Security segment manufactures and sells split-system and packaged air conditioners, heat pumps, furnaces, air handlers, and parts for the residential replacement and new construction markets; and custom designed and engineered products and systems for non-residential applications. It also manufactures ventilation products for the professional remodelling and replacement, residential new construction, and do-it-yourself markets. In addition, this segment manufactures and distributes convenience and security products primarily for residential applications; and audio visual equipment for the residential audio video and professional video markets. The company's Other Industrial segment manufactures and distributes ergonomic technology workstations; electricity generating equipment; engineered power management products, systems, and service solutions; and automotive and off-highway metallic structures. The company has operations in the United Kingdom, Europe, North America, and internationally. The company was formerly known as New Melrose Industries PLC and changed its name to Melrose Industries PLC in November 2015. Melrose Industries PLC was founded in 2003 and is headquartered in London, the United Kingdom.

Beat the Market (BTM) Rank^™

4.5 Analyst's Opinion

Consensus Rating
Melrose Industries has received a consensus rating of Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 174.22, Melrose Industries has a potential upside of 44.3% from its current price of GBX 120.72.
Amount of Analyst Coverage
Melrose Industries has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.7 Community Rank

Outperform Votes
Melrose Industries has received 968 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Melrose Industries has received 351 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Melrose Industries has received 73.39% “outperform” votes from our community.

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

1.7 Dividend Strength

Dividend Leadership
Melrose Industries is a leading dividend payer. It pays a dividend yield of 5.84%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Melrose Industries does not have a long track record of dividend growth.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Melrose Industries insiders have bought more of their company's stock than they have sold. Specifically, they have bought £279,487.90 in company stock and sold GBX 0 in company stock.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Melrose Industries are expected to decrease by -100.00% in the coming year, from GBX 1,183 to GBX 0 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Melrose Industries is -92.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Melrose Industries is -92.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Melrose Industries has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.69 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry Diversified Machinery

Sub-IndustryN/A

SectorIndustrial Products

Current SymbolLON:MRO

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.melroseplc.net

Phone+44-20-76474500

Debt

Debt-to-Equity Ratio55.56

Current Ratio1.13

Quick Ratio0.68

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio0.10

P/E GrowthN/A

Sales & Book Value

Annual Sales£10.97 billion

Price / Sales0.54

Cash FlowGBX 8.53 per share

Price / Cash Flow14.34

Book ValueGBX 154.90 per share

Price / Book0.79

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares4,858,250,240

Market Cap£5.94 billion

Next Earnings DateN/A

OptionableOptionable

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Melrose Industries (LON:MRO) Frequently Asked Questions

How has Melrose Industries' stock been impacted by COVID-19 (Coronavirus)?

Melrose Industries' stock was trading at GBX 168.35 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MRO shares have decreased by 28.3% and is now trading at GBX 120.72. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Melrose Industries?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Melrose Industries in the last year. There are currently 1 hold rating and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Melrose Industries.

How were Melrose Industries' earnings last quarter?

Melrose Industries PLC (LON:MRO) posted its quarterly earnings data on Thursday, March, 5th. The company reported $14.30 earnings per share for the quarter, beating the consensus estimate of $13.40 by $0.90. View Melrose Industries' earnings history.

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

Melrose Industries announced a dividend on Thursday, March 5th. Shareholders of record on Thursday, April 2nd will be given a dividend of GBX 3.40 per share on Wednesday, May 20th. This represents a dividend yield of 1.74%. The ex-dividend date of this dividend is Thursday, April 2nd. This is an increase from Melrose Industries's previous dividend of GBX 1.70. The official announcement can be accessed at this link. View Melrose Industries' dividend history.

What price target have analysts set for MRO?

11 equities research analysts have issued 12 month price targets for Melrose Industries' stock. Their forecasts range from GBX 100 to GBX 270. On average, they expect Melrose Industries' share price to reach GBX 174.22 in the next twelve months. This suggests a possible upside of 44.3% from the stock's current price. View analysts' price targets for Melrose Industries.

Has Melrose Industries been receiving favorable news coverage?

News stories about MRO stock have trended extremely positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Melrose Industries earned a media sentiment score of 5.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutMelrose Industries.

Who are some of Melrose Industries' key competitors?

Some companies that are related to Melrose Industries include Smiths Group (SMIN), Weir Group (WEIR), GUD (GUD), dynaCERT (DYA), Goodwin (GDWN), Castings (CGS), Velan (VLN), Energy Technologies (EGY), Northbridge Industrial Services (NBI), CynergisTek (CTEK), Continental Materials (CUO), Xeros Technology Group (XSG), International Corona Capital (IC), Tricorn Group (TCN) and Chamberlin (CMH). View all competitors.

What other stocks do shareholders of Melrose Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Melrose Industries investors own include KAZ Minerals (KAZ), Petra Diamonds (PDL), Randgold Resources (GOLD), Sophos Group (SOPH), Porta Communications (PTCM), KAZ MINL PLC/ADR (KZMYY), Sirius Minerals (SXX), Sophos Group (SPHHF), Hochschild Mining (HOC) and Randgold Resources (RRS).

Who are Melrose Industries' key executives?

Melrose Industries' management team includes the following people:

Mr. Simon A. Peckham, Chief Exec. Officer & Exec. Director (Age 56)
Mr. James Christopher Miller, Exec. Vice Chairman (Age 67)
Mr. Geoffrey Peter Martin, Group Fin. Director and Exec. Director (Age 51)
Mr. Liam Butterworth, Chief Exec. Officer of Automotive Division (Age 48)
Mr. Jonathon Crawford, Company Sec. (Age 46)

What is Melrose Industries' stock symbol?

Melrose Industries trades on the London Stock Exchange (LON) under the ticker symbol "MRO."

How do I buy shares of Melrose Industries?

Shares of MRO 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 Melrose Industries' stock price today?

One share of MRO stock can currently be purchased for approximately GBX 120.72.

How big of a company is Melrose Industries?

Melrose Industries has a market capitalization of £5.87 billion and generates £10.97 billion in revenue each year.

What is Melrose Industries' official website?

The official website for Melrose Industries is www.melroseplc.net.

How can I contact Melrose Industries?

Melrose Industries' mailing address is Leconfield House, Curzon Street, LONDON, W1J 5JA, United Kingdom. The company can be reached via phone at +44-20-76474500.

This page was last updated on 5/27/2020 by MarketBeat.com Staff