Erste Group Bank Lowers Earnings Estimates for Bae Systems

Bae Systems PLC (OTCMKTS:BAESY) – Equities researchers at Erste Group Bank dropped their FY2026 EPS estimates for shares of Bae Systems in a note issued to investors on Thursday, October 8th. Erste Group Bank analyst H. Engel now expects that the aerospace company will post earnings per share of $4.43 for the year, down from their prior forecast of $4.54. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Bae Systems’ current full-year earnings is $4.59 per share. Erste Group Bank also issued estimates for Bae Systems’ FY2027 earnings at $5.07 EPS.

A number of other analysts also recently issued reports on the stock. BNP Paribas Exane assumed coverage on shares of Bae Systems in a report on Thursday, September 10th. They set a “neutral” rating and a $113.00 price target on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of Bae Systems in a report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Bae Systems in a research report on Tuesday, August 11th. Royal Bank Of Canada began coverage on shares of Bae Systems in a research note on Tuesday, August 11th. They set a “sector perform” rating on the stock. Finally, Kepler Capital Markets upgraded Bae Systems from a “hold” rating to a “buy” rating in a research report on Wednesday, June 24th. Two research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Bae Systems presently has an average rating of “Hold” and a consensus price target of $113.00.

Bae Systems Price Performance

OTCMKTS:BAESY opened at $99.35 on Tuesday. The company has a quick ratio of 0.91, a current ratio of 1.02 and a debt-to-equity ratio of 0.53. The company has a 50 day moving average price of $109.51 and a 200-day moving average price of $108.13. Bae Systems has a 1-year low of $84.50 and a 1-year high of $126.00.

Institutional Investors Weigh In On Bae Systems

Institutional investors have recently bought and sold shares of the company. Collaborative Fund Advisors LLC purchased a new stake in Bae Systems during the 1st quarter worth approximately $897,000. Sterling Capital Management LLC acquired a new position in shares of Bae Systems during the first quarter valued at approximately $1,146,000. GAMMA Investing LLC lifted its position in shares of Bae Systems by 11.6% in the third quarter. GAMMA Investing LLC now owns 4,428 shares of the aerospace company’s stock valued at $459,000 after acquiring an additional 459 shares in the last quarter. Confluence Investment Management LLC lifted its position in shares of Bae Systems by 0.9% in the third quarter. Confluence Investment Management LLC now owns 13,537 shares of the aerospace company’s stock valued at $1,403,000 after acquiring an additional 117 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Bae Systems by 135.7% in the first quarter. PNC Financial Services Group Inc. now owns 3,983 shares of the aerospace company’s stock worth $464,000 after acquiring an additional 2,293 shares during the last quarter. 0.21% of the stock is currently owned by institutional investors and hedge funds.

Bae Systems Company Profile

BAE Systems plc is a multinational defense, aerospace and security company headquartered in the United Kingdom. The company develops and supports technology and equipment for governments, armed forces and commercial customers, with activities spanning air, land, sea, space and cyber domains.

Its products and services include combat aircraft and aircraft support, naval vessels and submarines, armored vehicles, artillery systems, electronic warfare and radar equipment, intelligence and cybersecurity solutions, precision weapons, and command-and-control systems.