QinetiQ Group (LON:QQ) Insider Steve Wadey Acquires 26 Shares of Stock

QinetiQ Group plc (LON:QQ) insider Steve Wadey bought 26 shares of QinetiQ Group stock in a transaction on Monday, August 10th. The stock was purchased at an average price of GBX 561 per share, with a total value of £145.86.

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

• On Thursday, July 9th, Steve Wadey purchased 33 shares of QinetiQ Group stock. The shares were bought at an average price of GBX 463 per share, for a total transaction of £152.79.
• On Wednesday, July 1st, Steve Wadey sold 37,219 shares of QinetiQ Group stock. The stock was sold at an average price of GBX 435, for a total value of £161,902.65.
• On Tuesday, June 23rd, Steve Wadey sold 118,534 shares of QinetiQ Group stock. The shares were sold at an average price of GBX 429, for a total value of £508,510.86.
• On Tuesday, June 9th, Steve Wadey purchased 31 shares of QinetiQ Group stock. The shares were bought at an average cost of GBX 479 per share, for a total transaction of £148.49.

QinetiQ Group Stock Up 1.8%

Shares of QQ stock opened at GBX 563.50 on Tuesday. The stock has a 50 day moving average of GBX 470.19 and a 200 day moving average of GBX 476.50. The stock has a market cap of £3.11 billion, a P/E ratio of 23.33, a P/E/G ratio of 1.47 and a beta of 0.33. QinetiQ Group plc has a twelve month low of GBX 292.20 and a twelve month high of GBX 491. The company has a current ratio of 1.13, a quick ratio of 1.15 and a debt-to-equity ratio of 74.20.

QinetiQ Group (LON:QQ) last issued its quarterly earnings results on Thursday, May 21st. The company reported GBX 31.50 EPS for the quarter. The company had revenue of GBX 192.26 billion during the quarter. QinetiQ Group had a net margin of 5.59% and a return on equity of 19.34%. As a group, sell-side analysts expect that QinetiQ Group plc will post 26.1405108 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on QQ. Royal Bank Of Canada boosted their price objective on QinetiQ Group from GBX 490 to GBX 570 and gave the stock a “sector perform” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 600 price objective on shares of QinetiQ Group in a research report on Wednesday, July 1st. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 487 price objective on shares of QinetiQ Group in a research report on Wednesday, July 1st. Citigroup raised their price target on QinetiQ Group from GBX 5,690 to GBX 6,050 and gave the company a “buy” rating in a research note on Tuesday, June 16th. Finally, Berenberg Bank upped their price objective on QinetiQ Group from GBX 580 to GBX 610 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 1,663.40.

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.