BAE Systems (LON:BA) Releases Quarterly Earnings Results

BAE Systems (LON:BA) issued its quarterly earnings data on Wednesday. The company reported GBX 68.50 ($0.87) earnings per share (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 Stock Down 4.5 %

LON:BA traded down GBX 61 ($0.77) during midday trading on Friday, reaching GBX 1,284 ($16.27). 12,037,602 shares of the stock traded hands. BAE Systems has a 12-month low of GBX 1,012.50 ($12.83) and a 12-month high of GBX 1,415.25 ($17.93). The business has a 50-day moving average of GBX 1,202.63 and a two-hundred day moving average of GBX 1,264.73. The company has a debt-to-equity ratio of 94.02, a quick ratio of 0.91 and a current ratio of 1.03. The stock has a market capitalization of £39.75 billion, a PE ratio of 22.03, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on BA. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,510 ($19.13) target price on shares of BAE Systems in a research report on Thursday. 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. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.