BAE Systems plc (LON:BA) Insider Acquires £101.43 in Stock

BAE Systems plc (LON:BA) insider Charles Woodburn purchased 9 shares of the business’s stock in a transaction dated Friday, March 14th. The stock was bought at an average cost of GBX 1,127 ($14.66) per share, with a total value of £101.43 ($131.95).

BAE Systems Stock Up 1.1 %

Shares of LON BA opened at GBX 1,655 ($21.53) on Thursday. The stock has a market capitalization of £51.24 billion, a PE ratio of 28.39, a P/E/G ratio of 3.33 and a beta of 0.33. The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.02. The firm has a fifty day moving average of GBX 1,332.85 and a 200-day moving average of GBX 1,289.70. BAE Systems plc has a 52-week low of GBX 1,012.50 ($13.17) and a 52-week high of GBX 1,415.25 ($18.41).

BAE Systems (LON:BA) last announced its quarterly earnings results 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%. On average, analysts anticipate that BAE Systems plc will post 73.537927 EPS for the current year.

BAE Systems Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, April 17th will be paid a dividend of GBX 20.60 ($0.27) per share. This is an increase from BAE Systems’s previous dividend of $12.40. This represents a yield of 1.24%. The ex-dividend date of this dividend is Thursday, April 17th. BAE Systems’s payout ratio is currently 53.18%.

Analyst Ratings Changes

BA has been the subject of several analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 1,440 ($18.73) target price on shares of BAE Systems in a research note on Wednesday, February 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,510 ($19.64) price objective on shares of BAE Systems in a research report on Thursday, February 20th. Finally, JPMorgan Chase & Co. raised their target price on shares of BAE Systems from GBX 1,630 ($21.20) to GBX 1,725 ($22.44) and gave the stock an “overweight” rating in a research report on Monday, March 3rd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,528.75 ($19.89).

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.