BAE Systems (LON:BA) Posts Earnings Results

BAE Systems (LON:BA) posted its quarterly earnings data on Wednesday. The company reported GBX 68.50 ($0.87) EPS for the quarter, Digital Look Earnings reports. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%.

BAE Systems Trading Down 4.5 %

LON BA traded down GBX 61 ($0.77) during trading on Friday, hitting GBX 1,284 ($16.27). 12,037,602 shares of the company’s stock traded hands. The firm has a market cap of £39.75 billion, a P/E ratio of 22.03, a PEG ratio of 3.33 and a beta of 0.33. The stock has a fifty day moving average of GBX 1,202.63 and a two-hundred day moving average of GBX 1,264.73. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91. BAE Systems has a 12-month low of GBX 1,012.50 ($12.83) and a 12-month high of GBX 1,415.25 ($17.93).

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Berenberg Bank reissued a “buy” rating and issued a GBX 1,440 ($18.25) price target on shares of BAE Systems in a research report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,510 ($19.13) target price on shares of BAE Systems in a research report on Thursday. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, BAE Systems has an average rating of “Moderate Buy” and a consensus target price of GBX 1,468 ($18.60).

About BAE Systems

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.