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

Company Overview

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.

Key Stats

• Today's Range: 253 to 258
• 50-Day Range: 241.50 to 290
• 52-Week Range: 231.81 to 347
• Volume: 2.23 million shs
• Average Volume: 791,456 shs
• Market Capitalization: £732.74 million
• P/E Ratio: 1,072.92
• Dividend Yield: 4.66%
• Price Target: GBX 318.33
• Consensus Rating: Hold

Morgan Advanced Materials Stock Analysis - MarketRank™

Morgan Advanced Materials scored higher than 42% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Morgan Advanced Materials has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Morgan Advanced Materials has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Morgan Advanced Materials is 1,072.92, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 127.32.

Price to Earnings Ratio vs. Sector

The P/E ratio of Morgan Advanced Materials is 1,072.92, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 524.35.

Price to Earnings Growth Ratio

Morgan Advanced Materials has a PEG Ratio of 0.51. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Morgan Advanced Materials has a P/B Ratio of 1.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MGAM.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Morgan Advanced Materials is a leading dividend payer. It pays a dividend yield of 4.54%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Morgan Advanced Materials does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Morgan Advanced Materials is 5,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for MGAM.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.82

News Sentiment

Morgan Advanced Materials has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Morgan Advanced Materials this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Morgan Advanced Materials insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.69% of the stock of Morgan Advanced Materials is held by insiders.

Percentage Held by Institutions

87.57% of the stock of Morgan Advanced Materials is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MGAM Stock Analysis - Frequently Asked Questions

How have MGAM shares performed this year?

Morgan Advanced Materials' stock was trading at GBX 283 on January 1st, 2024. Since then, MGAM stock has decreased by 9.0% and is now trading at GBX 257.50.
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 analysts' consensus estimates of $12.60 by $1.10. Morgan Advanced Materials had a trailing twelve-month return on equity of 19.36% and a net margin of 6.17%.

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.
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What other stocks do shareholders of Morgan Advanced Materials own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Morgan Advanced Materials investors own include Vesuvius (VSVS), Meta Platforms (META), Barrick Gold (GOLD), Rotork (ROR), Scapa Group (SCPA), Sprott Focus Trust (FUND) and ETFMG Alternative Harvest ETF (MJX).

Company Calendar

• Last Earnings: 7/30/2020
• Ex-Dividend for 11/15 Dividend: 10/24/2024
• Dividend Payable: 11/15/2024
• Today: 11/21/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Industrials
• Industry: Specialty Industrial Machinery
• Sub-Industry: N/A
• Current Symbol: LON:MGAM
• Previous Symbol: LON:MGCR
• CUSIP: N/A
• CIK: N/A
• Web: www.morganadvancedmaterials.com
• Phone: +44-1753-837000
• Fax: N/A
• Employees: 8,694
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 318.33
• High Stock Price Target: GBX 320
• Low Stock Price Target: GBX 315
• Potential Upside/Downside: +24.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.24
• Trailing P/E Ratio: 1,063.87
• Forward P/E Ratio: 7.86
• P/E Growth: 0.51
• Net Income: £69.20 million
• Net Margins: 6.17%
• Pretax Margin: N/A
• Return on Equity: 19.36%
• Return on Assets: 8.24%

Debt

• Debt-to-Equity Ratio: 93.89
• Current Ratio: 2.19
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: £1.13 billion
• Price / Sales: 0.64
• Cash Flow: GBX 36.25 per share
• Price / Cash Flow: 7.04
• Book Value: GBX 132 per share
• Price / Book: 1.93

Miscellaneous

• Outstanding Shares: 284,560,000
• Free Float: N/A
• Market Cap: £726.56 million
• Optionable: Not Optionable
• Beta: 1.34