QinetiQ Group plc (LON:QQ) Insider Steve Wadey Acquires 41 Shares

QinetiQ Group plc (LON:QQ) insider Steve Wadey bought 41 shares of the business’s stock in a transaction on Monday, February 10th. The shares were purchased at an average cost of GBX 362 ($4.47) per share, with a total value of £148.42 ($183.42).

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

• On Thursday, January 9th, Steve Wadey acquired 37 shares of QinetiQ Group stock. The shares were acquired at an average cost of GBX 407 ($5.03) per share, with a total value of £150.59 ($186.10).
• On Monday, December 9th, Steve Wadey purchased 37 shares of QinetiQ Group stock. The stock was acquired at an average cost of GBX 408 ($5.04) per share, for a total transaction of £150.96 ($186.55).

QinetiQ Group Stock Performance

Shares of LON QQ traded up GBX 0.40 ($0.00) during trading hours on Tuesday, reaching GBX 361.40 ($4.47). The stock had a trading volume of 818,300 shares, compared to its average volume of 88,555. QinetiQ Group plc has a twelve month low of GBX 292.20 ($3.61) and a twelve month high of GBX 491 ($6.07). The company has a debt-to-equity ratio of 42.47, a current ratio of 1.15 and a quick ratio of 1.15. The business’s fifty day moving average is GBX 401.74 and its two-hundred day moving average is GBX 437.92. The company has a market cap of £2.04 billion, a price-to-earnings ratio of 1,505.83, a PEG ratio of 1.47 and a beta of 0.48.

QinetiQ Group (LON:QQ) last released its quarterly earnings results on Thursday, November 14th. The company reported GBX 14.20 ($0.18) earnings per share (EPS) for the quarter. QinetiQ Group had a return on equity of 14.74% and a net margin of 7.30%. As a group, research analysts expect that QinetiQ Group plc will post 26.1405108 EPS for the current year.

QinetiQ Group Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 9th were paid a dividend of GBX 2.80 ($0.03) per share. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, January 9th. QinetiQ Group’s dividend payout ratio (DPR) is presently 3,333.33%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of QinetiQ Group from GBX 455 ($5.62) to GBX 535 ($6.61) and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Shore Capital restated a “buy” rating on shares of QinetiQ Group in a report on Tuesday, January 21st.

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.