Insider Selling: BAE Systems plc (LON:BA) Insider Sells 155,717 Shares of Stock

BAE Systems plc (LON:BA) insider Tom Arseneault sold 155,717 shares of the business’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of GBX 1,557 ($20.17), for a total transaction of £2,424,513.69 ($3,140,561.77).

BAE Systems Trading Up 0.4 %

Shares of BA stock traded up GBX 6.50 ($0.08) during trading hours on Friday, hitting GBX 1,590.50 ($20.60). The company had a trading volume of 4,458,666 shares. The company’s fifty day moving average is GBX 1,285.48 and its 200 day moving average is GBX 1,279.51. 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 plc has a fifty-two week low of GBX 1,012.50 ($13.12) and a fifty-two week high of GBX 1,415.25 ($18.33). The stock has a market capitalization of £49.24 billion, a PE ratio of 27.29, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33.

BAE Systems (LON:BA) last issued its quarterly earnings data on Wednesday, February 19th. The company reported GBX 68.50 ($0.89) EPS for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. Research analysts expect that BAE Systems plc will post 73.537927 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on BA shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,440 ($18.65) target price on shares of BAE Systems in a report on Wednesday, February 19th. JPMorgan Chase & Co. boosted their target price on shares of BAE Systems from GBX 1,630 ($21.11) to GBX 1,725 ($22.34) and gave the company an “overweight” rating in a report on Monday, March 3rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,510 ($19.56) target price on shares of BAE Systems in a report on Thursday, February 20th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,528.75 ($19.80).

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.