How to buy Meggitt (MGGT) shares

Learn how to easily invest in Meggitt shares.

Meggitt PLC
LSE: MGGT - GBX
AEROSPACE & DEFENSE
p440.20
+p11.90 (+2.78%)

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 negative movement.

Its last market close was 509.4p, which is 17.28% down on its pre-crash value of 615.8p and 159.70% 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 £747.60.

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 2021-07-23.
52-week range245.1p - 520.6p
50-day moving average466.26p
200-day moving average459.6133p
Wall St. target price577.07p
Dividend yield0p (0%)
Earnings per share (TTM)28.3p
Promoted
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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%)
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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
eToro Free Stocks logo £0 $200 £0.00
£489.00 total
Capital at risk
Fineco logo £0 No minimum £0.00
£489.00 total
Capital at risk
Freetrade 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.

Meggitt price performance over time

Historical closes compared with the last close of 489p

1 month (2021-06-25) 3.16%

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.

PEG ratio

Meggitt's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.7928. A PEG ratio below 1 can be interpreted as meaning the shares are not overvalued given 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 £1.7 billion
Operating margin TTM 7.46%
Gross profit TTM £522.5 million
Return on assets TTM 1.8%
Return on equity TTM -14%
Profit margin -18.66%
Book value 2.611p
Market capitalisation £3.4 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 18 March 2020 (the "ex-dividend date").

Share price volatility

Over the last 12 months, Meggitt's shares have ranged in value from as little as 245.1p up to 520.6p. A popular way to gauge a stock's volatility is its "beta".

MGGT.LSE volatility(beta: 1.87)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 1.8711. 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).

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Meggitt in the news

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