BAE Systems plc (LON:BA) Insider Sells £2,424,513.69 in Stock

BAE Systems plc (LON:BA) insider Tom Arseneault sold 155,717 shares of BAE Systems stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of GBX 1,557 ($20.13), for a total transaction of £2,424,513.69 ($3,134,066.30).

BAE Systems Trading Up 4.2 %

Shares of BA opened at GBX 1,657 ($21.42) on Monday. The stock’s 50-day moving average is GBX 1,302.93 and its two-hundred day moving average is GBX 1,283.09. The stock has a market cap of £51.30 billion, a PE ratio of 28.43, a P/E/G ratio of 3.33 and a beta of 0.33. BAE Systems plc has a 12 month low of GBX 1,012.50 ($13.09) and a 12 month high of GBX 1,415.25 ($18.29). The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91.

BAE Systems (LON:BA) last issued its quarterly earnings data on Wednesday, February 19th. The company reported GBX 68.50 ($0.89) EPS for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. Equities analysts forecast that BAE Systems plc will post 73.537927 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,510 ($19.52) target price on shares of BAE Systems in a report on Thursday, February 20th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,440 ($18.61) target price on shares of BAE Systems in a report on Wednesday, February 19th. Finally, JPMorgan Chase & Co. lifted their target price on BAE Systems from GBX 1,630 ($21.07) to GBX 1,725 ($22.30) and gave the company an “overweight” rating in a report on Monday, March 3rd. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,528.75 ($19.76).

BAE Systems Company Profile

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.