Key Points
- Insider purchase: QinetiQ director Steve Wadey bought 145 shares at GBX 542 each on August 20, for a total of £785.90. He has also made several smaller purchases recently, following substantial share sales in June and July.
- Stock performance and fundamentals: QinetiQ opened at GBX 536 and was down 0.6%, with a market capitalization of approximately £2.96 billion and a P/E ratio of 22.20. The company reported quarterly EPS of GBX 31.50 and a 19.34% return on equity.
- Analyst outlook: Research firms maintain a generally positive view, with three Buy ratings and two Holds, producing a consensus rating of “Moderate Buy.” Recent price targets ranged from GBX 487 to GBX 610.
QinetiQ Group plc (LON:QQ - Get Free Report) insider Steve Wadey bought 145 shares of QinetiQ Group stock in a transaction dated Thursday, August 20th. The stock was acquired at an average cost of GBX 542 per share, for a total transaction of £785.90.
Steve Wadey also recently made the following trade(s):
- On Monday, August 10th, Steve Wadey purchased 26 shares of QinetiQ Group stock. The shares were acquired at an average price of GBX 561 per share, with a total value of £145.86.
- On Thursday, July 9th, Steve Wadey purchased 33 shares of QinetiQ Group stock. The shares were acquired at an average cost of GBX 463 per share, with a total value of £152.79.
- On Wednesday, July 1st, Steve Wadey sold 37,219 shares of QinetiQ Group stock. The stock was sold at an average price of GBX 435, for a total transaction of £161,902.65.
- On Tuesday, June 23rd, Steve Wadey sold 118,534 shares of QinetiQ Group stock. The shares were sold at an average price of GBX 429, for a total value of £508,510.86.
- On Tuesday, June 9th, Steve Wadey purchased 31 shares of QinetiQ Group stock. The stock was bought at an average price of GBX 479 per share, for a total transaction of £148.49.
QinetiQ Group Stock Down 0.6%
LON:QQ opened at GBX 536 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.13 and a debt-to-equity ratio of 74.20. QinetiQ Group plc has a 12-month low of GBX 292.20 and a 12-month high of GBX 491. The stock's fifty day simple moving average is GBX 484.46 and its 200-day simple moving average is GBX 479.10. The firm has a market capitalization of £2.96 billion, a P/E ratio of 22.20, a P/E/G ratio of 1.47 and a beta of 0.33.
QinetiQ Group (LON:QQ - Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The company reported GBX 31.50 EPS for the quarter. QinetiQ Group had a return on equity of 19.34% and a net margin of 5.59%.The business had revenue of GBX 192.26 billion during the quarter. Equities research analysts expect that QinetiQ Group plc will post 26.1405108 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on QQ. Jefferies Financial Group restated a "hold" rating and set a GBX 487 target price on shares of QinetiQ Group in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 600 price objective on shares of QinetiQ Group in a research note on Wednesday, July 1st. Citigroup boosted their price objective on shares of QinetiQ Group from GBX 5,690 to GBX 6,050 and gave the company a "buy" rating in a report on Tuesday, June 16th. Royal Bank Of Canada upped their target price on shares of QinetiQ Group from GBX 490 to GBX 570 and gave the company a "sector perform" rating in a research note on Monday, August 10th. Finally, Berenberg Bank increased their target price on shares of QinetiQ Group from GBX 580 to GBX 610 and gave the stock a "buy" rating in a report on Monday, August 3rd. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of GBX 1,663.40.
Read Our Latest Analysis on QinetiQ Group
About QinetiQ Group
(
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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