BAE Systems (LON:BA) Insider Brad Greve Buys 7 Shares of Stock

BAE Systems plc (LON:BA) insider Brad Greve bought 7 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was purchased at an average cost of GBX 2,259 per share, with a total value of £158.13.

Brad Greve also recently made the following trade(s):

• On Monday, June 15th, Brad Greve purchased 8 shares of BAE Systems stock. The shares were bought at an average cost of GBX 1,877 per share, with a total value of £150.16.
• On Friday, June 5th, Brad Greve bought 2,760 shares of BAE Systems stock. The stock was bought at an average cost of GBX 1,909 per share, with a total value of £52,688.40.

BAE Systems Trading Down 1.0%

LON:BA opened at GBX 2,236 on Tuesday. BAE Systems plc has a one year low of GBX 1,012.50 and a one year high of GBX 1,415.25. The company has a debt-to-equity ratio of 73.96, a quick ratio of 0.91 and a current ratio of 1.02. The stock has a market cap of £69.23 billion, a price-to-earnings ratio of 38.36, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01. The business’s 50-day simple moving average is GBX 1,965.68 and its 200 day simple moving average is GBX 2,044.36.

BAE Systems (LON:BA) last announced its quarterly earnings data on Thursday, July 30th. The company reported GBX 38.90 earnings per share for the quarter. BAE Systems had a return on equity of 17.49% and a net margin of 7.19%. As a group, sell-side analysts predict that BAE Systems plc will post 73.537927 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on BA shares. Deutsche Bank Aktiengesellschaft increased their target price on shares of BAE Systems from GBX 2,140 to GBX 2,325 and gave the company a “hold” rating in a research report on Monday, August 10th. JPMorgan Chase & Co. lifted their target price on BAE Systems from GBX 2,400 to GBX 2,450 and gave the stock an “overweight” rating in a report on Friday, July 31st. Jefferies Financial Group reissued a “hold” rating and issued a GBX 2,100 target price on shares of BAE Systems in a research report on Friday, July 31st. Finally, Royal Bank Of Canada reissued 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 issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus 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.