BAE Systems (LON:BA) Shares Down 0.2% - Here's Why

Key Points

• BAE Systems shares fell by 0.2% to GBX 2,055 ($27.70) amid significant trading activity of over 2 million shares.
• Analysts have increased their price targets for BAE Systems, with Citigroup raising it to GBX 2,192 and Deutsche Bank to GBX 2,220, indicating a consensus rating of "Moderate Buy."
• The company reported a net margin of 7.49% and is forecasted to have earnings per share (EPS) of 73.54 for the current fiscal year.

BAE Systems plc (LON:BA - Get Free Report) shares were down 0.2% on Monday . The stock traded as low as GBX 2,052 ($27.66) and last traded at GBX 2,055 ($27.70). Approximately 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

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

BAE Systems Stock Down 1.9%

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 company has a fifty day simple moving average of GBX 1,852.60 and a two-hundred day simple moving average of GBX 1,805.03. The firm has a market capitalization of £62.41 billion, a PE ratio of 34.59, a PEG ratio of 3.33 and a beta of 0.33.

BAE Systems (LON:BA - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported GBX 34.70 earnings per share for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. Analysts forecast that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

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.

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