Meggitt PLC

Meggitt is the parent company of a group whose principal activities are the design and manufacture of components and sub-systems for aerospace, defense and other markets. Co. has five segments: Meggitt Aircraft Braking Systems, a providers of aircraft wheels, brakes and brake control systems; Meggitt Control Systems, which comprised of aircraft fire protection and control systems; Meggitt Polymers and Composites, which comprised of engine and aerodynamic seals, flexible fuel tanks and fuel systems; Meggitt Sensing Systems, a provider sensing and monitoring systems for aircraft; and Meggitt Equipment Group, which include unique heat transfer equipment for hydrocarbon processing.
  • TickerMGGT
  • ISINGB0005758098
  • ExchangeLondon Stock Exchange
  • SectorAerospace & Defense
  • CountryUnited Kingdom

Analysts

MarketLine Department

Babcock International Group Plc - Strategy, SWOT and Corporate Finance Report

Summary Babcock International Group Plc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. KeyHighlights Babcock International Group Plc (Babcock) is a provider of engineering support services for armies, navies and air forces. It offers naval support services, technical services, testing, assembly, consultancy and training for the marine sector. The company provides vehicle flee...

MarketLine Department

Ultra Electronics Holdings Plc - Strategy, SWOT and Corporate Finance Report

Summary Ultra Electronics Holdings Plc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. KeyHighlights Ultra Electronics Holdings Plc (Ultra Electronics) is a provider of electronic systems and sub-systems for defense and aerospace. It designs, develops, produces and supports electronic and electro-mechanical systems, sub-systems and products for defense, security, energy and tr...

For MEGGITT PLC., the environment deterioration entails a downgrade to Neutral

MEGGITT PLC. (GB), a company active in the Aerospace industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 4 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date July 26, 2019, the closing price was GBp 589.00 and its expected value was estimated at GBp 537.44.

Denise Molina

Morningstar | Narrow-Moat Meggitt Is On Target

Meggitt is a global engineering company specializing in high-performance components and subsystems for the aerospace, defence, and energy markets, with highly engineered equipment on over 47,000 aircraft. This significant and expanding installed base provides the firm with an aftermarket revenue stream stretching out for decades. More than 50% of revenue is derived from higher-margin aftermarket services, which we view as evidence of sticky customer relationships, supporting our narrow moat rating.The Meggitt Aircraft Braking Systems, or MABS, business (19% of revenue and close to 40% of group...

Denise Molina

Narrow-Moat Meggitt Is On Target

Narrow-moat Meggitt published a trading update for the first quarter. The group's 9% organic growth--with all businesses contributing, in particular the defence division at 18% organic growth--came in line with our expectations for the first quarter. Civil aerospace equipment growth at 9% was mainly driven by new generation aircraft. Aftermarket sales at 6% growth was the result of demand from large jets partially offset by regional jet demand decline. While the update does not provide any detai...

Denise Molina

Morningstar | Meggitt’s First-Quarter Trading Update as Expected

Narrow-moat Meggitt published a trading update for the first quarter. The group's 9% organic growth--with all businesses contributing, in particular the defence division at 18% organic growth--came in line with our expectations for the first quarter. Civil aerospace equipment growth at 9% was mainly driven by new generation aircraft. Aftermarket sales at 6% growth was the result of demand from large jets partially offset by regional jet demand decline. While the update does not provide any details on the firm's business performance, management restates its expectations of 0-50 basis points ope...

Denise Molina

Meggitt’s First-Quarter Trading Update as Expected

Narrow-moat Meggitt published a trading update for the first quarter. The group's 9% organic growth--with all businesses contributing, in particular the defence division at 18% organic growth--came in line with our expectations for the first quarter. Civil aerospace equipment growth at 9% was mainly driven by new generation aircraft. Aftermarket sales at 6% growth was the result of demand from large jets partially offset by regional jet demand decline. While the update does not provide any detai...

Denise Molina

Morningstar | Meggitt Company Report

Meggitt is a global engineering company specializing in high-performance components and subsystems for the aerospace, defence, and energy markets, with highly engineered equipment on over 47,000 aircraft. This significant and expanding installed base provides the firm with an aftermarket revenue stream stretching out for decades. More than 50% of revenue is derived from higher-margin aftermarket services, which we view as evidence of sticky customer relationships, supporting our narrow moat rating.The Meggitt Aircraft Braking Systems, or MABS, business (19% of revenue and close to 40% of group...

A director bought 20,000 shares at 449p and

A director at Meggitt bought 20,000 shares at 449p and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board members a...

For MEGGITT PLC., the environment deterioration entails a downgrade to Neutral

MEGGITT PLC. (GB), a company active in the Aerospace industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 4 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date July 26, 2019, the closing price was GBp 589.00 and its expected value was estimated at GBp 537.44.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

Babcock International Group Plc - Strategy, SWOT and Corporate Finance Report

Summary Babcock International Group Plc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. KeyHighlights Babcock International Group Plc (Babcock) is a provider of engineering support services for armies, navies and air forces. It offers naval support services, technical services, testing, assembly, consultancy and training for the marine sector. The company provides vehicle flee...

MarketLine Department

Ultra Electronics Holdings Plc - Strategy, SWOT and Corporate Finance Report

Summary Ultra Electronics Holdings Plc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. KeyHighlights Ultra Electronics Holdings Plc (Ultra Electronics) is a provider of electronic systems and sub-systems for defense and aerospace. It designs, develops, produces and supports electronic and electro-mechanical systems, sub-systems and products for defense, security, energy and tr...

MarketLine Department

Babcock International Group Plc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Babcock International Group Plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Babcock International Group Plc since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its...

MarketLine Department

Safran SA - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Safran SA Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Safran SA since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlights Thi...

MarketLine Department

Ultra Electronics Holdings Plc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Ultra Electronics Holdings Plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Ultra Electronics Holdings Plc since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its c...

Expert Corporate Governance Service (ECGS)

Meggitt - AGM 25 April 2019

Item 2: Approve the Remuneration Report The structure is weighted toward long-term performance and accelerated vesting in the event of a change of control is not possible.  The quantum is not excessive.  However, there are concerns with the structure of remuneration, especially with the possibility to award significant bonuses and LTIP in cases of 'exceptional performance', making the maximum incentive pay 500% of base salary.  We recommend shareholders oppose.   Item 22: Approve new Articles of Association The amendment to Article 119 will allow the Board to determine how dividends are pai...

Meggitt – Proxinvest Corporate Governance Rating ® : A

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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