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Morgan Advanced Materials PLC (GB:MGAM)
LSE:MGAM
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Morgan Advanced Materials (MGAM) Price & Analysis

34 Followers

MGAM Stock Chart & Stats

223.50 p
0.00 p(0.00%)
At close: 4:00 PM EST
223.50 p
0.00 p(0.00%)

Bulls Say, Bears Say

Bulls Say
Improving Cash GenerationA material rebound in operating cash flow and free cash flow in 2025 strengthens the company's ability to service debt, fund targeted capex/ERP spend and support dividend policy. Durable cash conversion reduces refinancing risk and gives flexibility to execute transformation over the next 2–3 years despite cyclicality.
Pricing And Efficiency Offset InflationManagement has demonstrated the ability to pass through input-cost inflation via pricing and extract margin via simplification and procurement initiatives. These structural levers underpin management's plan to restore adjusted margins to ~10% in 2026 and target higher EBITDA by 2028, supporting sustainable profitability.
High‑margin Technical Ceramics ExposureOutperformance in technical ceramics, especially aerospace & defence, shows exposure to higher‑margin, specialist end markets with stronger demand and qualification barriers. This product mix provides structural margin resilience and diversifies revenue away from more cyclical segments over the medium term.
Bears Say
Revenue And Earnings VolatilityRecent decline in revenue and a sharp drop in net income highlight earnings cyclicality tied to end‑market swings (eg semiconductors). Persistent volatility reduces predictability of cash flow and earnings, complicates capital allocation and dividend sustainability, and increases execution risk during slow recoveries.
Elevated Leverage And Rising Finance CostsLeverage above target increases sensitivity to weaker earnings and higher rates; upcoming expiries of lower‑cost fixed debt raise finance costs. Meaningful debt levels constrain balance‑sheet flexibility for bolt‑on M&A, large capex or extended downturns, making execution of transformation more dependent on stable cash generation.
Thermal Division Weakness & ImpairmentsAn underperforming Thermal division, material impairment and large one‑off adjusting items signal portfolio strain and potential disposals. Structural weakness here reduces group scale and creates execution and integration risk; realizing value or restructuring will take time and may weigh on near‑term margins.

Morgan Advanced Materials News

MGAM FAQ

What was Morgan Advanced Materials PLC’s price range in the past 12 months?
Morgan Advanced Materials PLC lowest share price was 167.00 p and its highest was 251.50 p in the past 12 months.
    What is Morgan Advanced Materials PLC’s market cap?
    Morgan Advanced Materials PLC’s market cap is £623.32M.
      When is Morgan Advanced Materials PLC’s upcoming earnings report date?
      Morgan Advanced Materials PLC’s upcoming earnings report date is Jul 24, 2026 which is in 33 days.
        How were Morgan Advanced Materials PLC’s earnings last quarter?
        Morgan Advanced Materials PLC released its earnings results on Mar 03, 2026. The company reported 0.112 p earnings per share for the quarter, the consensus estimate of 0.112 p by 0 p.
          Is Morgan Advanced Materials PLC overvalued?
          According to Wall Street analysts Morgan Advanced Materials PLC’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Morgan Advanced Materials PLC pay dividends?
            Morgan Advanced Materials PLC pays a Semiannually dividend of 0.068 p which represents an annual dividend yield of 4.87%. See more information on Morgan Advanced Materials PLC dividends here
              What is Morgan Advanced Materials PLC’s EPS estimate?
              Morgan Advanced Materials PLC’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Morgan Advanced Materials PLC have?
              Morgan Advanced Materials PLC has 276,676,420 shares outstanding.
                What happened to Morgan Advanced Materials PLC’s price movement after its last earnings report?
                Morgan Advanced Materials PLC reported an EPS of 0.112 p in its last earnings report, expectations of 0.112 p. Following the earnings report the stock price went down -13.704%.
                  Which hedge fund is a major shareholder of Morgan Advanced Materials PLC?
                  Currently, no hedge funds are holding shares in GB:MGAM
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Morgan Advanced Materials PLC

                    Morgan Advanced Materials plc is a UK-based global leader in materials science and advanced engineering solutions. The company develops and manufactures a diverse portfolio of high-performance products. Its extensive range encompasses thermal management solutions, including insulating fibers, microporous materials, various firebricks, monolithic structures, heat shields, and fired refractory shapes. They also provide specialized crucibles, foundry supplies, and comprehensive furnace components for diverse industrial applications. Furthermore, Morgan Advanced Materials offers precision-engineered seals and bearings, from face seals and segmented designs to sliding bearings and components for rotary pumps and valves. Their expertise extends to a suite of carbon-based electrical components, such as brushes, collectors, slip rings, and current collection strips, alongside brush holders and diagnostic tools. The company is also a key provider of advanced ceramic solutions, spanning intricate components, ceramic cores, brazed and metallized assemblies, and specialized products for mass spectrometry, semiconductors, and medical applications; this includes tubes, laboratory porcelain, and kiln furniture, some marketed under the Haldenwanger brand. These highly engineered materials serve a wide array of critical sectors, such as industrial manufacturing, transportation, energy, petrochemicals, electronics, healthcare, and defense. With a robust global presence, Morgan Advanced Materials operates across the Americas (including the United States and other North American countries), Europe (including the United Kingdom, Germany, France, and other European countries), Asia (including China and other Asian countries), Australasia, the Middle East, and Africa. Founded in Windsor, UK, in 1856 as The Morgan Crucible Company plc, the company adopted its current name, Morgan Advanced Materials plc, in March 2013.

                    Morgan Advanced Materials (MGAM) Earnings & Revenues

                    MGAM Stock 12 Month Forecast

                    Average Price Target

                    230.00 p
                    ▲(2.91% Upside)
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