Insider Buying: BAE Systems (LON:BA) Insider Buys 7 Shares

Key Points

• Insider Charles Woodburn bought 7 BAE Systems shares at GBX 2,259 each, a transaction worth £158.13; he also purchased 8 shares in July.
• BAE Systems reported quarterly EPS of GBX 38.90, with a 7.19% net margin and 17.49% return on equity. Analysts expect full-year EPS of approximately GBX 73.54.
• Analyst sentiment remains broadly cautious, with an overall “Hold” rating and a consensus price target of GBX 2,275, despite some target upgrades from Deutsche Bank and JPMorgan.

BAE Systems plc (LON:BA - Get Free Report) insider Charles Woodburn purchased 7 shares of the firm's stock in a transaction that occurred on Friday, August 14th. The shares were bought at an average price of GBX 2,259 per share, with a total value of £158.13.

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

• On Tuesday, July 14th, Charles Woodburn acquired 8 shares of BAE Systems stock. The shares were bought at an average price of GBX 1,221 per share, for a total transaction of GBX 9,768.

BAE Systems Price Performance

Shares of LON:BA opened at GBX 2,236 on Tuesday. 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 market cap of £69.23 billion, a PE ratio of 38.36, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01. The stock's fifty day simple moving average is GBX 1,965.68 and its two-hundred day simple moving average is GBX 2,044.36. BAE Systems plc has a 1-year low of GBX 1,012.50 and a 1-year high of GBX 1,415.25.

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

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft upped their price objective on shares of BAE Systems from GBX 2,140 to GBX 2,325 and gave the stock a "hold" rating in a research report on Monday, August 10th. JPMorgan Chase & Co. boosted their target price 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. Jefferies Financial Group reaffirmed a "hold" rating and issued a GBX 2,100 target price on shares of BAE Systems in a report on Friday, July 31st. 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. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of GBX 2,275.

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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