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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
LON:MGAM

Morgan Advanced Materials (MGAM) Share Price, News & Analysis

GBX 281.50
-8.00 (-2.76%)
(As of 03:27 AM ET)
Today's Range
281.50
281.50
50-Day Range
261
293.50
52-Week Range
215.50
313.50
Volume
5,154 shs
Average Volume
519,542 shs
Market Capitalization
£803.32 million
P/E Ratio
1,759.38
Dividend Yield
4.26%
Price Target
GBX 315

Morgan Advanced Materials MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
11.9% Upside
GBX 315 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
£3.99 M Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.16 out of 5 stars

MGAM stock logo

About Morgan Advanced Materials Stock (LON:MGAM)

Morgan Advanced Materials plc operates as a materials science and application engineering company primarily the United Kingdom. It serves customers in the industrial, transportation, petrochemical and chemical, energy, semiconductor and electronics, healthcare, and security and defense markets. The company was formerly known as The Morgan Crucible Company plc and changed its name to Morgan Advanced Materials plc in March 2013. Morgan Advanced Materials plc was founded in 1856 and is headquartered in Windsor, the United Kingdom.

MGAM Stock Price History

MGAM Stock News Headlines

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Morgan Advanced Materials plc (MGAM.L)
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
3 of the best shares to buy now with £2,000
Morgan Advanced Materials Share Chat
See More Headlines
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Company Calendar

Last Earnings
7/30/2020
Today
4/19/2024
Ex-Dividend for 5/17 Dividend
4/25/2024
Dividend Payable
5/17/2024

Industry, Sector and Symbol

Industry
Specialty Industrial Machinery
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
9,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 315
High Stock Price Target
GBX 315
Low Stock Price Target
GBX 315
Potential Upside/Downside
+11.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
£46.60 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£1.11 billion
Cash Flow
GBX 39.96 per share
Book Value
GBX 126 per share

Miscellaneous

Free Float
N/A
Market Cap
£803.32 million
Optionable
Not Optionable
Beta
1.43
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Key Executives

  • Mr. Pete Raby (Age 57)
    CEO & Executive Director
    Comp: $962.14k
  • Mr. Richard J. Armitage F.C.M.A. (Age 59)
    CFO & Director
    Comp: $1M
  • Mr. Paul A. Boulton (Age 56)
    General Counsel
  • Ms. - Monika
    HR Manager
  • Ms. Winifred Chime
    Company Secretary
  • Mr. Simon Rhodes Halliday (Age 60)
    Director of Strategic Programmes

MGAM Stock Analysis - Frequently Asked Questions

Should I buy or sell Morgan Advanced Materials stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Morgan Advanced Materials in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MGAM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MGAM, but not buy additional shares or sell existing shares.
View MGAM analyst ratings
or view top-rated stocks.

What is Morgan Advanced Materials' stock price target for 2024?

1 brokers have issued 12-month price objectives for Morgan Advanced Materials' stock. Their MGAM share price targets range from GBX 315 to GBX 315. On average, they expect the company's stock price to reach GBX 315 in the next year. This suggests a possible upside of 11.9% from the stock's current price.
View analysts price targets for MGAM
or view top-rated stocks among Wall Street analysts.

How have MGAM shares performed in 2024?

Morgan Advanced Materials' stock was trading at GBX 283 at the start of the year. Since then, MGAM shares have decreased by 0.5% and is now trading at GBX 281.50.
View the best growth stocks for 2024 here
.

How were Morgan Advanced Materials' earnings last quarter?

Morgan Advanced Materials plc (LON:MGAM) released its quarterly earnings results on Thursday, July, 30th. The company reported $11.50 earnings per share for the quarter, missing the consensus estimate of $12.60 by $1.10. Morgan Advanced Materials had a net margin of 4.24% and a trailing twelve-month return on equity of 13.43%.

How often does Morgan Advanced Materials pay dividends? What is the dividend yield for Morgan Advanced Materials?

Morgan Advanced Materials declared a dividend on Tuesday, March 12th. Stockholders of record on Thursday, April 25th will be paid a dividend of GBX 6.70 per share on Friday, May 17th. This represents a dividend yield of 2.49%. The ex-dividend date is Thursday, April 25th. This is a boost from the stock's previous dividend of GBX 5.30. The official announcement can be seen at this link.
Read our dividend analysis for MGAM
.

Is Morgan Advanced Materials a good dividend stock?

Morgan Advanced Materials (LON:MGAM) pays an annual dividend of GBX 12 per share and currently has a dividend yield of 4.15%. MGAM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 7,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MGAM.

What other stocks do shareholders of Morgan Advanced Materials own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Morgan Advanced Materials investors own include Vesuvius (VSVS), Scapa Group (SCPA), Rotork (ROR), Senior (SNR), AK Steel (AKS), Aggreko (AGK), Chesapeake Energy (CHKAQ), Cineworld Group (CINE), Centrica (CNA) and EVRAZ (EVRZF).

How do I buy shares of Morgan Advanced Materials?

Shares of MGAM stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:MGAM) was last updated on 4/19/2024 by MarketBeat.com Staff

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