BAE Systems (LON:BA) Stock Price Up 2.3% - Should You Buy?

Key Points

• BAE Systems shares rose 2.3% to GBX 2,245.50 on Tuesday, trading as high as GBX 2,257.50 on roughly 3.29 million shares.
• Analysts have a consensus rating of Moderate Buy with a consensus price target of GBX 2,208; four analysts rate the stock Buy and two rate Hold, and recent reports nudged price targets into the GBX 2,120–2,300 range.
• The company has a market cap of £69.52 billion and trades at a P/E of 38.52; latest quarterly EPS was GBX 75.20, ROE 18.23%, and analysts forecast roughly GBX 73.54 EPS for the year.

BAE Systems plc (LON:BA - Get Free Report)'s share price rose 2.3% during trading on Tuesday . The company traded as high as GBX 2,257.50 and last traded at GBX 2,245.50. Approximately 3,294,294 shares traded hands during mid-day trading, The stock had previously closed at GBX 2,194.

Analyst Upgrades and Downgrades

BA has been the subject of a number of analyst reports. Jefferies Financial Group lowered BAE Systems to a "hold" rating and raised their price target for the stock from GBX 2,060 to GBX 2,120 in a report on Monday, February 2nd. Berenberg Bank raised their price target on BAE Systems from GBX 2,000 to GBX 2,300 and gave the stock a "hold" rating in a report on Thursday, March 5th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 2,208.

BAE Systems Stock Up 2.3%

The company has a 50 day moving average of GBX 2,146.71 and a 200-day moving average of GBX 1,955.68. The company has a debt-to-equity ratio of 89.65, a current ratio of 0.99 and a quick ratio of 0.91. The company has a market cap of £69.52 billion, a P/E ratio of 38.52, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01.

BAE Systems (LON:BA - Get Free Report) last released its quarterly earnings results on Wednesday, February 18th. The company reported GBX 75.20 earnings per share for the quarter. BAE Systems had a return on equity of 18.23% and a net margin of 7.28%. On average, equities analysts predict that BAE Systems plc will post 73.537927 earnings per share for the current 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.

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