Key Points
- Insider sale: Director Tom Arseneault sold 44,140 shares on May 5 at an average price of GBX 2,032, generating about £896,924.80 in proceeds.
- Analyst sentiment: Several brokers have raised price targets (Jefferies to GBX 2,200; Berenberg to GBX 2,300), and the stock carries an average rating of “Moderate Buy” with an average target of GBX 2,228.
- Stock and valuation snapshot: shares were up ~2.1% and opened at GBX 2,077, with a market capitalization of £64.30 billion and a trailing P/E of about 35.6.
BAE Systems plc (LON:BA - Get Free Report) insider Tom Arseneault sold 44,140 shares of the company's stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of GBX 2,032, for a total value of £896,924.80.
BAE Systems Stock Up 2.1%
Shares of LON BA opened at GBX 2,077 on Thursday. BAE Systems plc has a one year low of GBX 1,012.50 and a one year high of GBX 1,415.25. The company has a debt-to-equity ratio of 89.65, a current ratio of 0.99 and a quick ratio of 0.91. The business's fifty day moving average price is GBX 2,193.67 and its 200-day moving average price is GBX 1,968.94. The stock has a market capitalization of £64.30 billion, a PE ratio of 35.63, a P/E/G ratio of 3.33 and a beta of 0.01.
BAE Systems (LON:BA - Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The company reported GBX 75.20 EPS for the quarter. BAE Systems had a return on equity of 18.23% and a net margin of 7.28%. On average, equities research analysts anticipate that BAE Systems plc will post 73.537927 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on BA shares. Jefferies Financial Group upped their price target on BAE Systems from GBX 2,150 to GBX 2,200 and gave the company a "hold" rating in a research report on Tuesday, April 21st. Berenberg Bank increased their price objective on BAE Systems from GBX 2,000 to GBX 2,300 and gave the stock a "hold" rating in a report on Thursday, March 5th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of GBX 2,228.
Read Our Latest Stock Report on BAE Systems
BAE Systems Company Profile
(
Get Free Report)
BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.
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