BAE Systems (LON:BA) Insider Buys £138.96 in Stock

BAE Systems plc (LON:BA) insider Charles Woodburn acquired 6 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was purchased at an average cost of GBX 2,316 per share, with a total value of £138.96.

Charles Woodburn also recently made the following trade(s):

• On Monday, February 16th, Charles Woodburn acquired 8 shares of BAE Systems stock. The stock was acquired at an average cost of GBX 2,028 per share, with a total value of £162.24.

BAE Systems Stock Performance

Shares of LON BA traded up GBX 15 during midday trading on Tuesday, hitting GBX 2,322. The company’s stock had a trading volume of 2,962,886 shares. The firm has a market cap of £71.89 billion, a P/E ratio of 39.84, a P/E/G ratio of 3.33 and a beta of 0.01. BAE Systems plc has a 1-year low of GBX 1,012.50 and a 1-year high of GBX 1,415.25. The firm’s fifty day moving average price is GBX 2,058.30 and its 200-day moving average price is GBX 1,905.59. The company has a debt-to-equity ratio of 89.65, a quick ratio of 0.91 and a current ratio of 0.99.

BAE Systems (LON:BA) last issued its quarterly earnings data on Wednesday, February 18th. The company reported GBX 75.20 EPS for the quarter. BAE Systems had a return on equity of 18.23% and a net margin of 7.28%. On average, sell-side analysts forecast that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BA shares. Berenberg Bank lifted their price target on BAE Systems from GBX 2,000 to GBX 2,300 and gave the company a “hold” rating in a research report on Thursday, March 5th. Jefferies Financial Group lowered BAE Systems to a “hold” rating and upped their price objective for the company from GBX 2,060 to GBX 2,120 in a report on Monday, February 2nd. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, BAE Systems currently has an average rating of “Moderate Buy” and an average price target of GBX 2,208.

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.