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How to buy Meggitt shares | 257.2p
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Meggitt PLC (MGGT) is a leading aerospace & defense business based in the UK. It opened the day at 263.1p after a previous close of 262.7p. During the day the price has varied from a low of 253.7p to a high of 264.9p. The latest price was 257.2p (25 minute delay). Meggitt is listed on the London Stock Exchange (LSE) and employs 12,599 staff. All prices are listed in pence sterling.
How to buy shares in Meggitt
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- Search the platform for stock code: MGGT in this case.
- Research Meggitt shares. The platform should provide the latest information available.
- Buy your Meggitt shares. It's that simple.
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What's in this guide?
- Can I buy shares in Meggitt?
- Has coronavirus impacted Meggitt shares?
- Meggitt shares summary
- Compare share dealing platforms
- Is Meggitt stock a buy or sell?
- Meggitt performance over time
- Are Meggitt shares over-valued?
- Meggitt's financials
- How volatile are Meggitt shares?
- Does Meggitt pay a dividend?
- Other common questions
How has Coronavirus impacted Meggitt's share price?
Since the stock market crash in March caused by coronavirus, Meggitt's share price has had significant negative movement.
Its last market close was 292.8p, which is 52.45% down on its pre-crash value of 615.8p and 49.27% up on the lowest point reached during the March crash when the shares fell as low as 196.15p.
If you had bought £1,000 worth of Meggitt shares at the start of February 2020, those shares would have been worth £359.56 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth £429.71.
Meggitt share price
Use our graph to track the performance of MGGT stocks over time.Meggitt shares at a glance
Information last updated 2020-09-29.
| Open | 263.1p |
|---|---|
| High | 264.9p |
| Low | 253.7p |
| Close | 257.2p |
| Previous close | 262.7p |
| Change | -5.5p |
| Change % | -2.094% |
| Volume | 2,145,254 |
Information last updated 2020-10-20.
| 52-week range | 196.15p - 701.8p |
|---|---|
| 50-day moving average | 278.0172p |
| 200-day moving average | 284.7872p |
| Wall St. target price | 577.07p |
| PE ratio | 10.4311 |
| Dividend yield | 0.17p (2.21%) |
| Earnings per share (TTM) | 28.3p |
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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Capital is at risk.
Is it a good time to buy Meggitt stock?
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Capital is at risk.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Meggitt price performance over time
Historical closes compared with the last close of 257.2p
| 1 week (2020-10-14) | -9.72% |
|---|---|
| 1 month (2020-09-22) | 1.90% |
| 3 months (2020-07-21) | -17.62% |
| 6 months (2020-04-21) | 5.11% |
| 1 year (2019-10-21) | -56.33% |
|---|---|
| 2 years (2018-10-19) | -50.21% |
| 3 years (2017-10-20) | -49.27% |
| 5 years (2015-10-21) | -45.68% |
Is Meggitt under- or over-valued?
Valuing Meggitt stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Meggitt's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Meggitt's P/E ratio
Meggitt's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Meggitt shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Meggitt's PEG ratio
Meggitt's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.0106. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Meggitt's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Meggitt's EBITDA
Meggitt's EBITDA (earnings before interest, taxes, depreciation and amortisation) is £453.9 million.
The EBITDA is a measure of a Meggitt's overall financial performance and is widely used to measure a its profitability.
Meggitt financials
| Revenue TTM | £2.1 billion |
|---|---|
| Operating margin TTM | 15.34% |
| Gross profit TTM | £797.6 million |
| Return on assets TTM | 4.35% |
| Return on equity TTM | -7.74% |
| Profit margin | -8.4% |
| Book value | 2.793p |
| Market capitalisation | £2.4 billion |
TTM: trailing 12 months
Meggitt share dividends
We're not expecting Meggitt to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.
Meggitt share price volatility
Over the last 12 months, Meggitt's shares have ranged in value from as little as 196.15p up to 701.8p. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Meggitt's is 1.0191. This would suggest that Meggitt's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Meggitt overview
Meggitt PLC designs and manufactures components and sub-systems in the United Kingdom, rest of Europe, the United States, and internationally. The company operates through four segments: Airframe Systems, Engine Systems, Energy & Equipment, and Services & Support. It offers ice protection products, radomes, and structures; air data and flight display products; brake control and tyre pressure monitoring systems, and wheels and brakes; engine health and vibration monitors, H2/O2 analyzers, and turbine monitoring and protection products; and aircraft cameras and security systems, and wireless aircraft systems. The company also provides ammunition handling, thermal, weapon scoring, and weapon training systems; energy storage, power conversion and distribution, and power generation systems; ducting systems, engine composites, and flow control valves; and fire protection and controls comprising bleed air leak detection products, cables and clamps, electronic control units, fire and overheat detection products, and fire suppression products. In addition, it offers ground fuelling, and fuel systems and tanks; motion control actuators, electric motor drives, and electric motors; oxygen and specialty restraint safety systems; and accelerometers, ceramics, fluid sensors, magnetic and current sensors, position and inertial sensors, pressure sensors, speed sensors, and temperature sensors. Further, the company provides polymer seals; heat exchangers, printed circuit heat exchangers, thermal components, and thermal management systems; and live fire and virtual trainers, as well as aftermarket services. It serves aerospace, defense, and energy and equipment markets. 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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