Key Points
- Insider Steve Wadey bought 33 shares of QinetiQ (LON:QQ) on Nov 11 at GBX 451 each (£148.83), adding to earlier purchases of 29 shares on Oct 9 at GBX 510 and 31 shares on Sep 9 at GBX 486, indicating continued insider accumulation.
- Analysts give the stock a consensus rating of Moderate Buy with a consensus price target of GBX 556.25 (three Buy vs two Hold reports cited).
- QinetiQ has a market cap of about £2.49 billion, a P/E of 18.69, a 1‑year range of GBX 292.20–491, and 50-/200‑day SMAs near GBX 496 and GBX 486 respectively.
QinetiQ Group plc (LON:QQ - Get Free Report) insider Steve Wadey acquired 33 shares of the stock in a transaction on Tuesday, November 11th. The shares were purchased at an average price of GBX 451 per share, for a total transaction of £148.83.
Steve Wadey also recently made the following trade(s):
- On Thursday, October 9th, Steve Wadey bought 29 shares of QinetiQ Group stock. The stock was acquired at an average price of GBX 510 per share, with a total value of £147.90.
- On Tuesday, September 9th, Steve Wadey bought 31 shares of QinetiQ Group stock. The stock was acquired at an average cost of GBX 486 per share, with a total value of £150.66.
QinetiQ Group Stock Performance
Shares of QQ stock opened at GBX 451.40 on Wednesday. The company has a market capitalization of £2.49 billion, a price-to-earnings ratio of 18.69, a P/E/G ratio of 1.47 and a beta of 0.48. QinetiQ Group plc has a 1-year low of GBX 292.20 and a 1-year high of GBX 491. The company has a current ratio of 1.35, a quick ratio of 1.15 and a debt-to-equity ratio of 41.96. The stock's fifty day simple moving average is GBX 495.89 and its 200-day simple moving average is GBX 485.71.
Analysts Set New Price Targets
QQ has been the topic of several research analyst reports. Berenberg Bank reaffirmed a "buy" rating and set a GBX 570 target price on shares of QinetiQ Group in a research note on Thursday, July 17th. Jefferies Financial Group raised their price target on shares of QinetiQ Group from GBX 520 to GBX 550 and gave the stock a "hold" rating in a report on Thursday, October 30th. Finally, Shore Capital reiterated a "hold" rating on shares of QinetiQ Group in a research note on Thursday, July 17th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 556.25.
Check Out Our Latest Stock Analysis on QinetiQ Group
QinetiQ Group Company Profile
(
Get Free Report)
QinetiQ Group plc operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company operates through EMEA Services and Global Solutions segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform, and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.
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