Steve Wadey Buys 35 Shares of QinetiQ Group (LON:QQ) Stock

Key Points

  • Insider Steve Wadey bought 35 shares of QinetiQ on Dec 9 at GBX 436 (total £152.60), adding to prior purchases of 33 shares on Nov 11 at GBX 451 and 29 shares on Oct 9 at GBX 510, indicating repeated insider buying.
  • Analysts rate QinetiQ a “Moderate Buy” (three Buy, two Hold) with a consensus price target of GBX 551.25.
  • QinetiQ has a market cap of £2.41 billion, a P/E of 18.09, 50/200‑day SMAs of GBX 462.56/486.79, a 12‑month range of GBX 292.20–491, and reported last-quarter EPS of GBX 14.20 with ROE 14.98% and a net margin of 7.03%.

QinetiQ Group plc (LON:QQ - Get Free Report) insider Steve Wadey purchased 35 shares of the business's stock in a transaction dated Tuesday, December 9th. The shares were purchased at an average price of GBX 436 per share, for a total transaction of £152.60.

Steve Wadey also recently made the following trade(s):

  • On Tuesday, November 11th, Steve Wadey acquired 33 shares of QinetiQ Group stock. The stock was purchased at an average price of GBX 451 per share, with a total value of £148.83.
  • On Thursday, October 9th, Steve Wadey acquired 29 shares of QinetiQ Group stock. The stock was acquired at an average cost of GBX 510 per share, for a total transaction of £147.90.

QinetiQ Group Stock Performance

Shares of QQ opened at GBX 436.80 on Thursday. The company has a market cap of £2.41 billion, a price-to-earnings ratio of 18.09, a P/E/G ratio of 1.47 and a beta of 0.48. The business's fifty day simple moving average is GBX 462.56 and its two-hundred day simple moving average is GBX 486.79. QinetiQ Group plc has a 12 month low of GBX 292.20 and a 12 month 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.

QinetiQ Group (LON:QQ - Get Free Report) last announced its quarterly earnings results on Thursday, November 13th. The company reported GBX 14.20 earnings per share (EPS) for the quarter. QinetiQ Group had a return on equity of 14.98% and a net margin of 7.03%. Research analysts anticipate that QinetiQ Group plc will post 26.1405108 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth




A number of analysts have recently commented on the stock. Berenberg Bank reduced their price target on shares of QinetiQ Group from GBX 570 to GBX 550 and set a "buy" rating for the company in a research note on Friday, November 14th. Jefferies Financial Group boosted their price target on QinetiQ Group from GBX 520 to GBX 550 and gave the company a "hold" rating in a research note on Thursday, October 30th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of GBX 551.25.

Check Out Our Latest 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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