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Brad Greve Purchases 7 Shares of BAE Systems (LON:BA) Stock

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Key Points

  • Insider Brad Greve purchased 7 BAE Systems shares at GBX 2,050 each, worth £143.50, following a similar 7-share purchase in August.
  • BAE Systems shares traded at GBX 2,050, while analysts maintained an overall “Hold” rating with an average price target of GBX 2,275; JPMorgan was more optimistic with an “overweight” rating and a GBX 2,450 target.
  • The company reported quarterly EPS of GBX 38.90, a 17.49% return on equity and a 7.19% net margin, while recent defense contracts and program milestones could strengthen its backlog and future revenue visibility.
  • Five stocks we like better than BAE Systems.

BAE Systems plc (LON:BA - Get Free Report) insider Brad Greve bought 7 shares of the company's stock in a transaction on Friday, September 18th. The stock was bought at an average cost of GBX 2,050 per share, with a total value of £143.50.

Brad Greve also recently made the following trade(s):

  • On Friday, August 14th, Brad Greve purchased 7 shares of BAE Systems stock. The shares were bought at an average cost of GBX 2,259 per share, for a total transaction of £158.13.

BAE Systems Price Performance

Shares of BAE Systems stock traded up GBX 25 during midday trading on Tuesday, reaching GBX 2,050. The company had a trading volume of 3,852,339 shares. The company has a current ratio of 1.02, a quick ratio of 0.91 and a debt-to-equity ratio of 73.96. The stock has a fifty day simple moving average of GBX 2,043.11 and a 200 day simple moving average of GBX 2,047.83. BAE Systems plc has a 1-year low of GBX 1,012.50 and a 1-year high of GBX 1,415.25. The company has a market capitalization of £63.47 billion, a price-to-earnings ratio of 35.17, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01.

BAE Systems (LON:BA - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported GBX 38.90 EPS for the quarter. BAE Systems had a return on equity of 17.49% and a net margin of 7.19%. As a group, equities research analysts forecast that BAE Systems plc will post 73.537927 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on BA shares. Jefferies Financial Group reaffirmed a "hold" rating and issued a GBX 2,100 price objective on shares of BAE Systems in a research note on Friday, July 31st. JPMorgan Chase & Co. raised their price objective on BAE Systems from GBX 2,400 to GBX 2,450 and gave the stock an "overweight" rating in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft increased their price target on BAE Systems from GBX 2,140 to GBX 2,325 and gave the stock a "hold" rating in a report on Monday, August 10th. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and set a GBX 2,200 price target on shares of BAE Systems in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of GBX 2,275.

Check Out Our Latest Analysis on BAE Systems

Key Stories Impacting BAE Systems

Here are the key news stories impacting BAE Systems this week:

  • Positive Sentiment: BAE Systems completed the repurchase of 514,101 shares over five days in September. Although modest relative to the company’s overall share count, the buyback can provide limited support for earnings per share and signals continued capital returns. BAE Systems Completes Buyback of 514,101 Shares
  • Positive Sentiment: The company delivered new Armored Multi-Purpose Vehicle prototypes equipped with 30mm weapon systems to a U.S. Army Transformation in Contact unit. The delivery accelerates vehicle modernization and may improve BAE Systems’ positioning for future procurement. BAE Systems Fast-Tracks Combat Vehicle Modernization
  • Positive Sentiment: Reports highlighted a U.S. Army armored-fleet contract valued at approximately $818 million, or £611 million. The award should strengthen backlog and revenue visibility, while reinforcing BAE Systems’ role in U.S. Army vehicle modernization. BAE Systems Secures Contract for U.S. Army Armored Fleet
  • Positive Sentiment: BAE Systems completed the critical design review for a U.S. Space Force missile-warning and tracking program valued at about $1.2 billion. Reaching this milestone reduces technical and execution risk and advances the program toward later production phases. BAE Systems Completes Critical Design Review
  • Positive Sentiment: The company also introduced OneArc embedded training capabilities for U.S. Army vehicles, adding software and services content to its vehicle-modernization offering. BAE Systems OneArc Embedded Training
  • Neutral Sentiment: Market reports described BAE Systems shares as firmer after an earlier dip, but these items provide price commentary rather than new fundamental information. BAE Systems Stock Market Update

About BAE Systems

(Get Free Report)

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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