Key Points
- Insider purchase: BAE Systems insider John Pettigrew bought 7,000 shares at an average price of GBX 2,228, totaling approximately £155,960.
- Stock and earnings: Shares opened at GBX 2,244, while the company reported quarterly earnings of GBX 38.90 per share, a 7.19% net margin, and a 17.49% return on equity.
- Analyst outlook: Ratings remain mixed, with two Buy and four Hold recommendations. MarketBeat reports a consensus rating of Hold and an average price target of GBX 2,275.
BAE Systems plc (LON:BA - Get Free Report) insider John Pettigrew acquired 7,000 shares of the business's stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average cost of GBX 2,228 per share, for a total transaction of £155,960.
BAE Systems Stock Up 1.1%
Shares of BAE Systems stock opened at GBX 2,244 on Wednesday. The company has a 50-day simple moving average of GBX 1,938.90 and a two-hundred day simple moving average of GBX 2,037.69. The stock has a market capitalization of £69.47 billion, a PE ratio of 38.50, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01. BAE Systems plc has a 52-week low of GBX 1,012.50 and a 52-week high of GBX 1,415.25. The company has a debt-to-equity ratio of 73.96, a quick ratio of 0.91 and a current ratio of 1.02.
BAE Systems (LON:BA - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported GBX 38.90 earnings per share for the quarter. BAE Systems had a net margin of 7.19% and a return on equity of 17.49%. On average, analysts anticipate that BAE Systems plc will post 73.537927 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on BA shares. Royal Bank Of Canada restated a "sector perform" rating and issued a GBX 2,200 price target on shares of BAE Systems in a research note on Tuesday. Deutsche Bank Aktiengesellschaft increased their price objective on BAE Systems from GBX 2,140 to GBX 2,325 and gave the company a "hold" rating in a research report on Monday. JPMorgan Chase & Co. lifted their price objective on BAE Systems from GBX 2,400 to GBX 2,450 and gave the stock an "overweight" rating in a report on Friday, July 31st. Finally, Jefferies Financial Group reissued a "hold" rating and issued a GBX 2,100 target price on shares of BAE Systems in a research report on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, BAE Systems presently has a consensus rating of "Hold" and a consensus price target of GBX 2,275.
View Our Latest Report on BAE Systems
About BAE Systems
(
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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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