QinetiQ Group (LON:QQ) Insider Steve Wadey Purchases 145 Shares of Stock

QinetiQ Group plc (LON:QQ) insider Steve Wadey acquired 145 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were acquired at an average price of GBX 542 per share, with a total value of £785.90.

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

• On Monday, August 10th, Steve Wadey bought 26 shares of QinetiQ Group stock. The shares were acquired at an average price of GBX 561 per share, for a total transaction of £145.86.
• On Thursday, July 9th, Steve Wadey bought 33 shares of QinetiQ Group stock. The shares were bought at an average cost of GBX 463 per share, with a total value 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 transaction of £508,510.86.
• On Tuesday, June 9th, Steve Wadey acquired 31 shares of QinetiQ Group stock. The shares were bought at an average cost of GBX 479 per share, with a total value of £148.49.

QinetiQ Group Stock Down 0.6%

QinetiQ Group stock traded down GBX 3 during mid-day trading on Friday, reaching GBX 536. 1,199,232 shares of the company’s stock were exchanged, compared to its average volume of 88,555. The company has a quick ratio of 1.15, a current ratio of 1.13 and a debt-to-equity ratio of 74.20. The company has a market cap of £2.96 billion, a P/E ratio of 22.20, a P/E/G ratio of 1.47 and a beta of 0.33. The company has a fifty day moving average of GBX 483.40 and a 200-day moving average of GBX 478.70. QinetiQ Group plc has a twelve month low of GBX 292.20 and a twelve month high of GBX 491.

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

Analysts Set New Price Targets

Several research firms have recently commented on QQ. Berenberg Bank increased their price target on shares of QinetiQ Group from GBX 580 to GBX 610 and gave the company a “buy” rating in a research report on Monday, August 3rd. Royal Bank Of Canada boosted their target price on QinetiQ Group from GBX 490 to GBX 570 and gave the stock a “sector perform” rating in a report on Monday, August 10th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 487 price target on shares of QinetiQ Group in a report on Wednesday, July 1st. Citigroup upped their target price on shares of QinetiQ Group from GBX 5,690 to GBX 6,050 and gave the company a “buy” rating in a research note on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 600 price objective on shares of QinetiQ Group in a research note on Wednesday, July 1st. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price 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.