BAE Systems plc (LON:BA) Insider Tom Arseneault Sells 155,717 Shares

BAE Systems plc (LON:BA) insider Tom Arseneault sold 155,717 shares of the company’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of GBX 1,557 ($20.14), for a total transaction of £2,424,513.69 ($3,136,093.25).

BAE Systems Trading Up 0.4 %

Shares of BA opened at GBX 1,590.50 ($20.57) on Friday. The firm’s 50 day simple moving average is GBX 1,302.93 and its 200 day simple moving average is GBX 1,283.55. The company has a market capitalization of £49.24 billion, a P/E ratio of 27.29, a P/E/G ratio of 3.33 and a beta of 0.33. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91. BAE Systems plc has a 1-year low of GBX 1,012.50 ($13.10) and a 1-year high of GBX 1,415.25 ($18.31).

BAE Systems (LON:BA) last announced its earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.89) earnings per share for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. Sell-side analysts forecast that BAE Systems plc will post 73.537927 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have commented on BA shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,440 ($18.63) price objective on shares of BAE Systems in a report on Wednesday, February 19th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 1,510 ($19.53) price objective on shares of BAE Systems in a report on Thursday, February 20th. Finally, JPMorgan Chase & Co. upped their price objective on shares of BAE Systems from GBX 1,630 ($21.08) to GBX 1,725 ($22.31) and gave the company an “overweight” rating in a report on Monday, March 3rd. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, BAE Systems currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,528.75 ($19.77).

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.