BAE Systems (LON:BA – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported GBX 68.50 ($0.87) EPS for the quarter, Digital Look Earnings reports. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%.
BAE Systems Trading Down 4.5 %
Shares of LON:BA opened at GBX 1,284 ($16.27) on Friday. The business’s 50 day simple moving average is GBX 1,202.63 and its 200 day simple moving average is GBX 1,264.73. The company has a market capitalization of £39.75 billion, a P/E ratio of 22.03, a P/E/G ratio of 3.33 and a beta of 0.33. BAE Systems has a 1 year low of GBX 1,012.50 ($12.83) and a 1 year high of GBX 1,415.25 ($17.93). The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91.
Analysts Set New Price Targets
BA has been the subject of several recent research reports. Berenberg Bank reissued a “buy” rating and set a GBX 1,440 ($18.25) price target on shares of BAE Systems in a research report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,510 ($19.13) price objective on shares of BAE Systems in a research note on Thursday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 1,468 ($18.60).
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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