MGGT.L - Meggitt PLC

LSE - LSE Delayed price. Currency in GBp
565.00
+4.00 (+0.71%)
At close: 4:39PM BST
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Previous close561.00
Open562.80
Bid542.00 x 51200
Ask0.00 x 98400
Day's range560.40 - 568.30
52-week range415.50 - 568.30
Volume1,195,326
Avg. volume2,771,518
Market cap4.363B
Beta0.28
PE ratio (TTM)12.75
EPS (TTM)44.30
Earnings date7 Aug 2018
Forward dividend & yield0.16 (2.92%)
Ex-dividend date2018-03-22
1y target est523.80
  • Reutersyesterday

    Ill-prepared suppliers threaten aerospace giants in case of hard Brexit

    Airbus (AIR.PA) is stockpiling parts in case of a hard Brexit and Rolls-Royce (RR.L) is months away from doing so. The largest aerospace sector in Europe and second in the world behind the United States, the British industry generates exports worth 30 billion pounds a year and sustains 123,000 direct jobs, plus as many again indirectly. A disorderly or no-deal Brexit would threaten the smooth flow of parts across borders and prevent European regulatory approval for aerospace products.

  • Reuters - UK Focusyesterday

    Ill-prepared suppliers threaten aerospace giants in case of hard Brexit

    Airbus is stockpiling parts in case of a hard Brexit and Rolls-Royce is months away from doing so. The largest aerospace sector in Europe and second in the world behind the United States, the British industry generates exports worth 30 billion pounds ($39 billion) a year and sustains 123,000 direct jobs, plus as many again indirectly.

  • Reuters - UK Focus5 days ago

    LIVE MARKETS-The art of (trade) war: stock strategies to dodge tariffs

    Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts on market ...

  • Reuters - UK Focus12 days ago

    BUZZ-Top of the Street: Weir, Meggitt, Beazley, Bpost, WH Smith

    A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** 5-star analyst Amy Wong of UBS raises Weir to "buy" as the share price now appears to reflect concerns ...

  • Can Saga’s share price continue to smash the FTSE 100?
    Fool.co.uk19 days ago

    Can Saga’s share price continue to smash the FTSE 100?

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  • Reuters19 days ago

    Meggitt sees stronger growth but warns on margins

    Defence contractors have been looking to benefit from higher spending by the United States under President Donald Trump, who has called for a bigger and stronger military. Chemring said last month it was targeting contracts worth around $2 billion (1.52 billion pounds) in the United States after nearly five years of relatively low demand, while Ultra said most of its operations had better-than-expected orders in the first half.

  • Reuters - UK Focus19 days ago

    Britain's Meggitt sees stronger growth but warns on margins

    Meggitt (Other OTC: MEGGF - news) expects revenues to increase more than previously forecast in 2018 after higher U.S. defence spending helped the British engineering firm post a stronger-than-anticipated second quarter. Defence contractors have been looking to benefit from higher spending by the United States under President Donald Trump, who has called for a bigger and stronger military.

  • Should You Be Tempted To Buy Meggitt PLC (LON:MGGT) Because Of Its PE Ratio?
    Simply Wall St.last month

    Should You Be Tempted To Buy Meggitt PLC (LON:MGGT) Because Of Its PE Ratio?

    I am writing today to help inform people who are new to the stock market and want to begin learning the link between Meggitt PLC (LON:MGGT)’s fundamentals and stock marketRead More...

  • Looking for another Nasdaq? Try Europe's aerospace and defence stocks
    Reuterslast month

    Looking for another Nasdaq? Try Europe's aerospace and defence stocks

    Fat order books covering several years of sales have made European aerospace and defence firms a winning bet as a slowing economy and political instability have clouded prospects for the region's equity market. For many investment funds, the aerospace and defence sector is more insulated from the economic cycle as it works through a huge backlog of orders and fractious geopolitics spur demand for military equipment. "Order books are currently very large (and this) gives visibility and makes the group somewhat more resilient from the general economic cycle," said Sandrine Perret, strategist at Credit Suisse, International Wealth Management, in Zurich.

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  • What Should You Know About Meggitt PLC’s (LON:MGGT) Earnings Outlook?
    Simply Wall St.last month

    What Should You Know About Meggitt PLC’s (LON:MGGT) Earnings Outlook?

    The latest earnings release Meggitt PLC’s (LSE:MGGT) announced in December 2017 revealed that the business benefited from a significant tailwind, more than doubling its earnings from the prior year. InvestorsRead More...

  • City grandee Rudd faces 'overboarding' backlash in Meggitt vote
    Sky News3 months ago

    City grandee Rudd faces 'overboarding' backlash in Meggitt vote

    Sir Nigel Rudd, one of Britain's leading industrialists, will this week suffer a major shareholder rebellion at the aerospace engineering group Meggitt (Other OTC: MEGGF - news) amid a row over his portfolio of corporate chairmanships. Sky News has learnt that up to one third of Meggitt's shareholders are expected to withhold support for Sir Nigel's re-election as the company's chairman at its annual general meeting on Thursday. In a report to clients which ‎has been seen by Sky News, Institutional Shareholder Services (ISS (LSE: 0QRS.L - news) ) said Sir Nigel's three other public company chairman roles were"likely to undermine [his] ability to adequately fulfil his role as chairman of Meggitt plc".

  • The Wall Street Journal3 months ago

    [$$] Meggitt Sells Precision Micro to LDC

    The engineering company said the sale was consistent with its strategy to focus on businesses of scale in attractive markets.

  • Reuters - UK Focus4 months ago

    LIVE MARKETS-Closing snapshot: Wall Street's trade war fear sours the mood

    March 14 - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus4 months ago

    LIVE MARKETS-"The only irreversible thing in life is death, not a currency"

    March 14 - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus4 months ago

    LIVE MARKETS-Just Eat: delivering uncertainty

    March 14 - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus4 months ago

    LIVE MARKETS-adidas seen from the street

    March 14 - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus4 months ago

    LIVE MARKETS-All quiet on the Russian front... of M&A

    March 14 - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus4 months ago

    LIVE MARKETS-Investor sentiment reflects Brexit voting patterns

    March 14 - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus4 months ago

    LIVE MARKETS-Look up! Cash coming from aerospace

    March 14 - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters5 months ago

    Shares in British engineer Meggitt slide as results disappoint

    Shares in Meggitt (MGGT.L) fell more than 6 percent on Tuesday after 2017 results and outlook missed analyst forecasts, although the British engineer said the performance of its military and energy businesses would improve in 2018. Chief executive Tony Wood said performance in the second-half of 2017 was better than the first half, and 2018 would deliver further improvements. "There were still challenges last year in our energy business ... but looking forwards, we're starting to see a better outlook," Wood told Reuters, describing prospects for the military business as "generally good".

  • Reuters - UK Focus5 months ago

    Shares in British engineer Meggitt slide as results disappoint

    Shares (Berlin: DI6.BE - news) in Meggitt (Other OTC: MEGGF - news) fell more than 6 percent on Tuesday after 2017 results and outlook missed analyst forecasts, although the British engineer said the performance of its military and energy businesses would improve in 2018. Chief (Taiwan OTC: 3345.TWO - news) executive Tony Wood said performance in the second-half of 2017 was better than the first half, and 2018 would deliver further improvements. "There were still challenges last year in our energy business ... but looking forwards, we're starting to see a better outlook," Wood told Reuters, describing prospects for the military business as "generally good".

  • Reuters - UK Focus6 months ago

    Ultra Electronics sees "significant exposure" to U.S. defence spending

    British defence contractor Ultra Electronics, which has warned of lower defence orders in the country, said on Thursday it had significant exposure to a rising U.S. defence budget, and had seen growing demand for advanced technologies. Ultra Electronics (Frankfurt: 909716 - news) said it had begun the new year with an order cover on expected revenue of about 62 percent, higher than about 56 percent in 2017. "The board is confident that Ultra has sustainable operating trading momentum with a significant number of recent long-term contract wins," said Douglas Caster, Executive Chairman.

  • Reuters7 months ago

    Meggitt sees possible impairment after Dassault axes Falcon 5X jet

    Dassault Aviation said on Wednesday it was scrapping development of the Falcon 5X jet due to delays and technical problems with its French-supplied engines. It said it would launch a new model powered by a rival supplier Pratt & Whitney Canada, a subsidiary of U.S.-based United Technologies Corp. Aerospace and defence group Meggitt said Dassault Aviation would re-use most of the work done to date on the Falcon 5X business jet and that it intended to work with Meggitt on the successor programme.

  • Reuters - UK Focus7 months ago

    Meggitt sees possible impairment after Dassault axes Falcon 5X jet

    Dec (Shanghai: 600875.SS - news) 14 (Reuters) - Meggitt (Other OTC: MEGGF - news) said Dassault Aviation (LSE: 0IAX.L - news) SA's cancellation of its Falcon 5X business jet programme could lead to a non-cash impairment of some or all of the capitalised work undertaken by Meggitt to date. Dassault Aviation said on Wednesday it was scrapping development of the Falcon 5X jet due to delays and technical problems with its French-supplied engines. Aerospace and defence group Meggitt said Dassault Aviation would re-use most of the work done to date on the Falcon 5X business jet and that it intended to work with Meggitt on the successor programme.

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