Insider Buying: BAE Systems (LON:BA) Insider Acquires 8 Shares of Stock

Key Points

• Insider Charles Woodburn purchased 8 shares of BAE Systems at an average cost of GBX 1,927 per share, totaling £154.16, highlighting ongoing insider investment.
• BAE Systems' stock has experienced volatility, recently trading at GBX 1,901 with a one-year range of GBX 1,012.50 to GBX 1,415.25.
• Equities analysts are optimistic about BAE Systems, with a consensus rating of "Moderate Buy" and a price target averaging GBX 1,976.75.

BAE Systems plc (LON:BA - Get Free Report) insider Charles Woodburn purchased 8 shares of the stock in a transaction dated Tuesday, October 14th. The stock was bought at an average cost of GBX 1,927 per share, with a total value of £154.16.

Charles Woodburn also recently made the following trade(s):

• On Monday, September 15th, Charles Woodburn purchased 7 shares of BAE Systems stock. The stock was bought at an average cost of GBX 2,008 per share, with a total value of £140.56.
• On Thursday, August 14th, Charles Woodburn acquired 9 shares of BAE Systems stock. The stock was acquired at an average price of GBX 1,780 per share, with a total value of £160.20.

BAE Systems Stock Performance

LON BA traded down GBX 53.50 during trading hours on Thursday, hitting GBX 1,901. The company's stock had a trading volume of 3,866,710 shares. BAE Systems plc has a 12 month low of GBX 1,012.50 and a 12 month high of GBX 1,415.25. The company's 50 day simple moving average is GBX 1,877.31 and its two-hundred day simple moving average is GBX 1,821.66. The company has a market cap of £58.85 billion, a P/E ratio of 32.61, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. 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 (LON:BA - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported GBX 34.70 EPS for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. As a group, sell-side analysts expect that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on BA shares. Deutsche Bank Aktiengesellschaft boosted their price target on BAE Systems from GBX 2,170 to GBX 2,220 and gave the company a "buy" rating in a research note on Friday, September 12th. Morgan Stanley reiterated an "overweight" rating on shares of BAE Systems in a research note on Friday, September 5th. Berenberg Bank reiterated a "hold" rating and set a GBX 1,770 price objective on shares of BAE Systems in a research note on Wednesday, July 30th. Finally, Citigroup upped their price target on BAE Systems from GBX 2,145 to GBX 2,192 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,976.75.

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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