BAE Systems (LON:BA) Posts Earnings Results

BAE Systems (LON:BA - Get Free Report) issued its earnings results 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 net margin of 7.49% and a return on equity of 16.87%.

BAE Systems Stock Down 2.2 %

Shares of BAE Systems stock traded down GBX 28.50 ($0.36) during trading hours on Friday, reaching GBX 1,255.50 ($15.86). The company's stock had a trading volume of 7,994,731 shares. BAE Systems has a one year low of GBX 1,012.50 ($12.79) and a one year high of GBX 1,415.25 ($17.88). The company has a market capitalization of £38.87 billion, a P/E ratio of 21.54, a P/E/G ratio of 3.33 and a beta of 0.33. The stock's fifty day simple moving average is GBX 1,204.02 and its two-hundred day simple moving average is GBX 1,264.71. The company has a debt-to-equity ratio of 94.02, a quick ratio of 0.91 and a current ratio of 1.03.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Berenberg Bank reissued a "buy" rating and set a GBX 1,440 ($18.19) target price on shares of BAE Systems in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 1,510 ($19.08) target price on shares of BAE Systems in a research note on Thursday. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of GBX 1,468 ($18.55).

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.