BAE Systems (LON:BA) Insider Buys £155,960 in Stock

BAE Systems plc (LON:BA) insider John Pettigrew bought 7,000 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average price of GBX 2,228 per share, for a total transaction of £155,960.

BAE Systems Stock Performance

Shares of BA opened at GBX 2,270 on Friday. The firm has a market cap of £70.28 billion, a P/E ratio of 38.94, a PEG ratio of 3.33 and a beta of 0.01. BAE Systems plc has a twelve month low of GBX 1,012.50 and a twelve month high of GBX 1,415.25. The company has a debt-to-equity ratio of 73.96, a quick ratio of 0.91 and a current ratio of 1.02. The firm’s 50 day moving average price is GBX 1,952.73 and its two-hundred day moving average price is GBX 2,040.88.

BAE Systems (LON:BA) last issued its quarterly earnings data on Thursday, July 30th. The company reported GBX 38.90 earnings per share (EPS) for the quarter. BAE Systems had a net margin of 7.19% and a return on equity of 17.49%. On average, analysts forecast that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BA has been the topic of a number of recent research reports. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 2,200 price objective on shares of BAE Systems in a report on Tuesday. Deutsche Bank Aktiengesellschaft raised their target price on shares of BAE Systems from GBX 2,140 to GBX 2,325 and gave the company a “hold” rating in a research report on Monday. Jefferies Financial Group reissued a “hold” rating and set a GBX 2,100 price target on shares of BAE Systems in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. increased their price objective on shares of BAE Systems from GBX 2,400 to GBX 2,450 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of GBX 2,275.

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.