Steve Wadey Acquires 31 Shares of QinetiQ Group plc (LON:QQ) Stock

Key Points

• Insider Steve Wadey purchased 31 shares of QinetiQ Group stock on August 11th at an average price of GBX 484 ($6.53) per share, totaling £150.04 ($202.57).
• QinetiQ Group reported an earnings per share (EPS) of GBX 26.10 ($0.35) for the recent quarter, with a return on equity of 14.98% and a net margin of 7.03%.
• Analysts have mixed ratings on QinetiQ Group, with Shore Capital stating a "hold" and Berenberg Bank maintaining a "buy" rating with a price target of GBX 570 ($7.70).

QinetiQ Group plc (LON:QQ - Get Free Report) insider Steve Wadey purchased 31 shares of the business's stock in a transaction on Monday, August 11th. The shares were bought at an average cost of GBX 484 ($6.55) per share, for a total transaction of £150.04 ($203.00).

Steve Wadey also recently made the following trade(s):

• On Friday, July 11th, Steve Wadey purchased 31 shares of QinetiQ Group stock. The stock was acquired at an average price of GBX 491 ($6.64) per share, with a total value of £152.21 ($205.94).
• On Wednesday, June 11th, Steve Wadey sold 75,060 shares of QinetiQ Group stock. The shares were sold at an average price of GBX 517 ($6.99), for a total value of £388,060.20 ($525,044.24).
• On Tuesday, June 10th, Steve Wadey purchased 27 shares of QinetiQ Group stock. The stock was acquired at an average price of GBX 548 ($7.41) per share, with a total value of £147.96 ($200.19).

QinetiQ Group Price Performance

QQ stock traded down GBX 1.40 ($0.02) during trading on Thursday, hitting GBX 480 ($6.49). The stock had a trading volume of 819,001 shares, compared to its average volume of 88,555. The company has a debt-to-equity ratio of 41.96, a current ratio of 1.35 and a quick ratio of 1.15. QinetiQ Group plc has a twelve month low of GBX 292.20 ($3.95) and a twelve month high of GBX 491 ($6.64). The stock has a market capitalization of £2.65 billion, a P/E ratio of 19.88, a PEG ratio of 1.47 and a beta of 0.48. The company's 50-day moving average price is GBX 501.85 and its two-hundred day moving average price is GBX 444.05.

QinetiQ Group (LON:QQ - Get Free Report) last posted its quarterly earnings data on Thursday, May 22nd. The company reported GBX 26.10 ($0.35) earnings per share (EPS) for the quarter. QinetiQ Group had a return on equity of 14.98% and a net margin of 7.03%. As a group, research analysts predict that QinetiQ Group plc will post 26.1405108 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Berenberg Bank restated a "buy" rating and issued a GBX 570 ($7.71) price target on shares of QinetiQ Group in a research note on Thursday, July 17th. Shore Capital restated a "hold" rating on shares of QinetiQ Group in a research note on Thursday, July 17th.

QinetiQ Group Company Profile

QinetiQ Group plc operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company operates through EMEA Services and Global Solutions segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform, and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.