BAE Systems (LON:BA) Insider Acquires £143.50 in Stock

BAE Systems plc (LON:BA) insider Brad Greve purchased 7 shares of the firm’s stock in a transaction on Friday, September 18th. The stock was bought at an average price of GBX 2,050 per share, for a total transaction of £143.50.

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

• On Friday, August 14th, Brad Greve acquired 7 shares of BAE Systems stock. The shares were purchased at an average price of GBX 2,259 per share, with a total value of £158.13.

BAE Systems Trading Up 1.5%

Shares of BA stock opened at GBX 2,023 on Friday. BAE Systems plc has a 12-month low of GBX 1,012.50 and a 12-month high of GBX 1,415.25. The company has a current ratio of 1.02, a quick ratio of 0.91 and a debt-to-equity ratio of 73.96. The stock’s 50-day moving average price is GBX 2,054.15 and its 200-day moving average price is GBX 2,043.79. The stock has a market capitalization of £62.63 billion, a price-to-earnings ratio of 34.71, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01.

BAE Systems (LON:BA) last announced its quarterly earnings results on Thursday, July 30th. The company reported GBX 38.90 EPS for the quarter. BAE Systems had a return on equity of 17.49% and a net margin of 7.19%. Equities research analysts predict that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of BAE Systems from GBX 2,400 to GBX 2,450 and gave the company an “overweight” rating in a research report on Friday, July 31st. Jefferies Financial Group restated a “hold” rating and issued a GBX 2,100 target price on shares of BAE Systems in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft upped 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, August 10th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 2,200 price target on shares of BAE Systems in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, BAE Systems currently has an average rating of “Hold” and a consensus price target of GBX 2,275.

Trending Headlines about BAE Systems

Here are the key news stories impacting BAE Systems this week:

• Positive Sentiment: BAE Systems secured a reported £64 million contract related to Australia’s major warship program. The award reinforces its maritime and naval shipbuilding backlog and provides further evidence of demand from allied governments. BAE Systems lands £64m contract for major Australian warship project
• Positive Sentiment: The company delivered AMPV-based prototypes to the U.S. Army for trials. The vehicles feature a 30mm cannon, counter-drone capabilities and technology for sharing target data, potentially positioning BAE for follow-on modernization orders. BAE Systems delivers AMPV-based prototypes to U.S. Army
• Positive Sentiment: BAE Systems Australia partnered with Skyryse to explore software-defined autonomous rotary- and fixed-wing aircraft. The agreement expands BAE’s exposure to autonomous defense aviation and could create longer-term technology and systems opportunities. BAE Systems Australia and Skyryse partnership
• Positive Sentiment: Citi maintained its supportive view of BAE Systems and Babcock even under a lower-defense-spending scenario. Continued analyst confidence may help reassure investors concerned about future government-budget changes. Citi keeps faith in BAE and Babcock
• Neutral Sentiment: A submarine leaving BAE’s Barrow shipyard highlights ongoing activity in the company’s U.K. shipbuilding operations, but the report does not disclose a new contract or material financial impact. Submarine leaves Barrow shipyard
• Neutral Sentiment: Chief Executive Charles Woodburn and Brad Greve each bought seven shares. The purchases offer a modest confidence signal, but their small value is unlikely to affect valuation or trading materially. Charles Woodburn purchases BAE Systems shares
• Negative Sentiment: Reports that universities briefed BAE Systems about pro-Palestine campus protests could renew reputational and stakeholder concerns surrounding defense-company relationships, potentially weighing on sentiment if the issue attracts wider scrutiny. Universities briefed BAE Systems on campus protests

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.