How to buy Meggitt (MGGT) shares

Learn how to easily invest in Meggitt shares.

Meggitt PLC
LSE: MGGT - GBX
AEROSPACE & DEFENSE
p750.00
+ p0.40 ( + 0.05%)

Meggitt PLC (MGGT) is a leading aerospace and defence business based in the UK. It opened the day at 485p after a previous close of 487.5p. During the day the price has varied from a low of 481.4p to a high of 490.3p. The latest price was 489p (25 minute delay). Meggitt is listed on the London Stock Exchange (LSE). All prices are listed in pence sterling.

How to buy shares in Meggitt

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: MGGT in this case.
  5. Research Meggitt shares. The platform should provide the latest information available.
  6. Buy your Meggitt shares. It's that simple.
The whole process can take as little as 15 minutes.

How has coronavirus impacted Meggitt's share price?

Since the stock market crash that started in February 2020, Meggitt's share price has had significant positive movement.

Its last market close was 750p, which is 17.89% up on its pre-crash value of 615.8p and 282.36% up on the lowest point reached during the March 2020 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 £1,100.70.

Meggitt share price (LSE:MGGT)

Use our graph to track the performance of MGGT stocks over time.

Meggitt shares at a glance

Information last updated 2021-06-16.
Open485p
High490.3p
Low481.4p
Close489p
Previous close487.5p
Change1.5p
Change %0.3077%
Volume492,498
Information last updated 2021-10-23.
52-week range264.8126p - 845.886p
50-day moving average743.8571p
200-day moving average596.2811p
Wall St. target price706.77p
PE ratio100
Dividend yield0p (0%)
Earnings per share (TTM)7.5p
Promoted
eToro Free Stocks

Invest in Meggitt shares with 0% commission

Other fees apply. Your capital is at risk.

  • Unlimited trades, with no dealing charges or management fees
  • Pay no stamp duty on UK shares (saving 0.5%)
  • Create an account today in a few minutes
Capital at risk

Fees for buying 100x Meggitt shares with popular platforms

Share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
Freetrade logo £0 No minimum £0.00
£489.00 total
Capital at risk
eToro Free Stocks logo £0 $50 £0.00
£489.00 total
Capital at risk
Fineco logo £0 No minimum £0.00
£489.00 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.82
£490.82 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £11.95
£500.95 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £7.99
£496.99 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £9.50
£498.50 total
Capital at risk

Full comparison of share dealing platforms

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. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is it a good time to buy Meggitt stock?

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.

Is Meggitt under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.

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 100x. In other words, Meggitt shares trade at around 100x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

PEG ratio

Meggitt's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.031. A PEG ratio close to 1 can be interpreted as meaning shares offer reasonable value for the current rate of growth.

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.

EBITDA

Meggitt's EBITDA (earnings before interest, taxes, depreciation and amortisation) is £270.5 million.

The EBITDA is a measure of a Meggitt's overall financial performance and is widely used to measure a its profitability.

Financials

Revenue TTM £1.4 billion
Operating margin TTM 10.77%
Gross profit TTM £522.5 million
Return on assets TTM 2.32%
Return on equity TTM 2.76%
Profit margin 4.03%
Book value 2.652p
Market capitalisation £5.9 billion

TTM: trailing 12 months

Meggitt share dividends

2.2%

Forward annual dividend yield: 2.21% of stock value

The latest dividend was paid out to all shareholders who bought their shares by 19 March 2020 (the "ex-dividend date").

Have Meggitt's shares ever split?

Meggitt's shares were split on a 132:113 basis on 28 March 2007. So if you had owned 113 shares the day before before the split, the next day you'd have owned 132 shares. This wouldn't directly have changed the overall worth of your Meggitt shares – just the quantity. However, indirectly, the new 14.4% lower share price could have impacted the market appetite for Meggitt shares which in turn could have impacted Meggitt's share price.

Share price volatility

Over the last 12 months, Meggitt's shares have ranged in value from as little as 264.8126p up to 845.886p. A popular way to gauge a stock's volatility is its "beta".

MGGT.LSE volatility(beta: 1.96)Avg. volatility(beta: 1.00)LowHigh

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 1.9645. This would suggest that Meggitt's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Win £500 to get your trading started

Subscribe to trending stock alerts for a chance to win

By submitting, you agree to the Finder Privacy and Cookies Policy and Terms of Use

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site