QinetiQ Group (LON:QQ) Insider Acquires £49,642.32 in Stock

QinetiQ Group plc (LON:QQ) insider Steven Mogford bought 9,092 shares of the business’s stock in a transaction on Thursday, August 6th. The shares were bought at an average price of GBX 546 per share, for a total transaction of £49,642.32.

QinetiQ Group Stock Performance

QQ opened at GBX 553.50 on Friday. The company has a market cap of £3.05 billion, a PE ratio of 22.92, a price-to-earnings-growth ratio of 1.47 and a beta of 0.33. The stock has a 50-day moving average of GBX 469.19 and a 200-day moving average of GBX 476.55. QinetiQ Group plc has a 52-week low of GBX 292.20 and a 52-week high of GBX 491. The company has a debt-to-equity ratio of 74.20, a quick ratio of 1.15 and a current ratio of 1.13.

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

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Berenberg Bank lifted 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. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 600 price objective on shares of QinetiQ Group in a report on Wednesday, July 1st. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 490 target price on shares of QinetiQ Group in a research note on Tuesday, July 21st. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 487 target price on shares of QinetiQ Group in a report on Wednesday, July 1st. Finally, Citigroup boosted their target price on shares of QinetiQ Group from GBX 5,690 to GBX 6,050 and gave the stock a “buy” rating in a research report on Tuesday, June 16th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, QinetiQ Group presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,647.40.

QinetiQ Group Company Profile

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.