Charles Woodburn Acquires 9 Shares of BAE Systems plc (LON:BA) Stock

BAE Systems plc (LON:BA) insider Charles Woodburn bought 9 shares of the business’s stock in a transaction on Friday, March 14th. The stock was purchased at an average cost of GBX 1,127 ($14.61) per share, with a total value of £101.43 ($131.52).

BAE Systems Stock Performance

Shares of BA stock opened at GBX 1,643.50 ($21.31) on Friday. The company has a debt-to-equity ratio of 94.02, a quick ratio of 0.91 and a current ratio of 1.03. BAE Systems plc has a fifty-two week low of GBX 1,012.50 ($13.13) and a fifty-two week high of GBX 1,415.25 ($18.35). The stock has a 50 day moving average price of GBX 1,342.51 and a two-hundred day moving average price of GBX 1,292.36. The company has a market capitalization of £50.88 billion, a P/E ratio of 28.20, a PEG ratio of 3.33 and a beta of 0.33.

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

BAE Systems Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, April 17th will be issued a dividend of GBX 20.60 ($0.27) per share. This represents a dividend yield of 1.24%. The ex-dividend date is Thursday, April 17th. This is an increase from BAE Systems’s previous dividend of $12.40. BAE Systems’s dividend payout ratio is currently 53.18%.

Wall Street Analysts Forecast Growth

BA has been the subject of several research reports. JPMorgan Chase & Co. upped their target price on BAE Systems from GBX 1,630 ($21.14) to GBX 1,725 ($22.37) and gave the stock an “overweight” rating in a research note on Monday, March 3rd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,440 ($18.67) target price on shares of BAE Systems in a research note on Wednesday, February 19th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,510 ($19.58) target price on shares of BAE Systems in a research note on Thursday, February 20th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,528.75 ($19.82).

About BAE Systems

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.