BAE Systems (LON:BA) Shares Down 0.2% – Should You Sell?

BAE Systems plc (LON:BA) shares traded down 0.2% during trading on Monday . The stock traded as low as GBX 2,052 ($27.66) and last traded at GBX 2,055 ($27.70). 2,126,035 shares changed hands during mid-day trading, The stock had previously closed at GBX 2,060 ($27.77).

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Morgan Stanley reaffirmed an “overweight” rating on shares of BAE Systems in a research report on Friday, September 5th. Berenberg Bank restated a “hold” rating and issued a GBX 1,770 price target on shares of BAE Systems in a report on Wednesday, July 30th. Citigroup boosted their price objective on shares of BAE Systems from GBX 2,145 to GBX 2,192 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of BAE Systems from GBX 2,170 to GBX 2,220 and gave the company a “buy” rating in a research note on Friday, September 12th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 1,976.75.

BAE Systems Price Performance

The company has a debt-to-equity ratio of 94.02, a quick ratio of 0.91 and a current ratio of 1.03. The firm has a market cap of £62.41 billion, a price-to-earnings ratio of 34.59, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. The stock’s 50 day simple moving average is GBX 1,852.60 and its 200-day simple moving average is GBX 1,805.03.

BAE Systems (LON:BA) last posted its quarterly earnings data on Wednesday, July 30th. The company reported GBX 34.70 EPS for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. Equities research analysts anticipate that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

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.