QinetiQ Group (LON:QQ) Insider Steve Wadey Buys 26 Shares of Stock

QinetiQ Group plc (LON:QQ) insider Steve Wadey acquired 26 shares of QinetiQ Group stock in a transaction dated Monday, August 10th. The stock was bought at an average price of GBX 561 per share, for a total transaction of £145.86.

Steve Wadey also recently made the following trade(s):

• On Thursday, July 9th, Steve Wadey purchased 33 shares of QinetiQ Group stock. The stock was bought at an average price of GBX 463 per share, for a total transaction of £152.79.
• On Wednesday, July 1st, Steve Wadey sold 37,219 shares of QinetiQ Group stock. The shares were sold at an average price of GBX 435, for a total transaction of £161,902.65.
• On Tuesday, June 23rd, Steve Wadey sold 118,534 shares of QinetiQ Group stock. The shares were sold at an average price of GBX 429, for a total value of £508,510.86.
• On Tuesday, June 9th, Steve Wadey bought 31 shares of QinetiQ Group stock. The stock was bought at an average price of GBX 479 per share, with a total value of £148.49.

QinetiQ Group Price Performance

Shares of LON QQ opened at GBX 563.50 on Tuesday. The company has a current ratio of 1.13, a quick ratio of 1.15 and a debt-to-equity ratio of 74.20. The company has a market capitalization of £3.11 billion, a price-to-earnings ratio of 23.33, a PEG ratio of 1.47 and a beta of 0.33. QinetiQ Group plc has a twelve month low of GBX 292.20 and a twelve month high of GBX 491. The firm has a 50-day moving average of GBX 470.19 and a two-hundred day moving average of GBX 476.50.

QinetiQ Group (LON:QQ) last announced its earnings results on Thursday, May 21st. The company reported GBX 31.50 earnings per share for the quarter. The firm had revenue of GBX 192.26 billion during the quarter. QinetiQ Group had a return on equity of 19.34% and a net margin of 5.59%. As a group, analysts expect that QinetiQ Group plc will post 26.1405108 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Jefferies Financial Group reissued a “hold” rating and set a GBX 487 target price on shares of QinetiQ Group in a report on Wednesday, July 1st. Berenberg Bank lifted their price target on QinetiQ Group from GBX 580 to GBX 610 and gave the stock a “buy” rating in a report on Monday, August 3rd. Citigroup upped their price objective on shares of QinetiQ Group from GBX 5,690 to GBX 6,050 and gave the company a “buy” rating in a report on Tuesday, June 16th. Royal Bank Of Canada boosted their price target on shares of QinetiQ Group from GBX 490 to GBX 570 and gave the stock a “sector perform” rating in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 600 price objective on shares of QinetiQ Group in a research note on Wednesday, July 1st. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 1,663.40.

About QinetiQ Group

QinetiQ Group plc operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company operates through EMEA Services and Global Solutions segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform, and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.