BAE Systems (LON:BA) Insider Buys £160.20 in Stock

BAE Systems plc (LON:BA) insider Brad Greve bought 9 shares of the firm’s stock in a transaction on Thursday, August 14th. The stock was bought at an average price of GBX 1,780 per share, with a total value of £160.20.

Brad Greve also recently made the following trade(s):

• On Monday, June 16th, Brad Greve purchased 7 shares of BAE Systems stock. The shares were acquired at an average cost of GBX 1,943 per share, for a total transaction of £136.01.

BAE Systems Price Performance

Shares of LON:BA opened at GBX 1,721 on Thursday. BAE Systems plc has a 12 month low of GBX 1,012.50 and a 12 month high of GBX 1,415.25. The stock has a market cap of £53.28 billion, a price-to-earnings ratio of 29.53, a PEG ratio of 3.33 and a beta of 0.33. The stock’s 50 day moving average price is GBX 1,847.95 and its 200 day moving average price is GBX 1,690.05. 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 posted its quarterly earnings results on Wednesday, July 30th. The company reported GBX 34.70 earnings per share (EPS) for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. Equities research analysts anticipate that BAE Systems plc will post 73.537927 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BA. Berenberg Bank reissued a “hold” rating and set a GBX 1,770 target price on shares of BAE Systems in a research report on Wednesday, July 30th. Citigroup upped their target price on shares of BAE Systems from GBX 2,145 to GBX 2,192 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 2,170 price objective on shares of BAE Systems in a research note on Thursday, July 31st. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, BAE Systems has an average rating of “Moderate Buy” and a consensus price target of GBX 1,964.25.

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.