Insider Buying: BAE Systems (LON:BA) Insider Purchases £154.16 in Stock

BAE Systems plc (LON:BA) insider Charles Woodburn acquired 8 shares of the firm’s stock in a transaction that occurred on Tuesday, October 14th. The shares were bought at an average price 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 acquired 7 shares of BAE Systems stock. The shares were bought at an average price of GBX 2,008 per share, with a total value of £140.56.
• On Thursday, August 14th, Charles Woodburn bought 9 shares of BAE Systems stock. The shares were acquired at an average price of GBX 1,780 per share, with a total value of £160.20.

BAE Systems Price Performance

Shares of LON:BA opened at GBX 1,831.50 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.02. The firm has a market capitalization of £56.70 billion, a PE ratio of 31.42, a P/E/G ratio of 3.33 and a beta of 0.33. BAE Systems plc has a twelve month low of GBX 1,012.50 and a twelve month high of GBX 1,415.25. The company has a 50-day moving average price of GBX 1,881.16 and a two-hundred day moving average price of GBX 1,828.05.

BAE Systems (LON:BA) last issued its earnings results on Wednesday, July 30th. The company reported GBX 34.70 earnings per share for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. Equities analysts forecast that BAE Systems plc will post 73.537927 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on BA. Deutsche Bank Aktiengesellschaft raised their price objective on shares of BAE Systems from GBX 2,170 to GBX 2,220 and gave the company a “buy” rating in a research report on Friday, September 12th. Morgan Stanley reaffirmed an “overweight” rating on shares of BAE Systems in a research note on Friday, September 5th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 1,770 target price on shares of BAE Systems in a research note on Wednesday, July 30th. Finally, Citigroup raised their target price on shares of BAE Systems from GBX 2,145 to GBX 2,192 and gave the company 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 1,976.75.

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.