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

BAE Systems plc (LON:BA - Get Free Report) insider Tom Arseneault sold 155,717 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of GBX 1,557 ($20.13), for a total transaction of £2,424,513.69 ($3,134,066.30).

BAE Systems Stock Performance

Shares of LON BA traded up GBX 66.50 ($0.86) during mid-day trading on Monday, reaching GBX 1,657 ($21.42). 7,942,596 shares of the company's stock were exchanged. The firm has a 50-day moving average price of GBX 1,302.93 and a two-hundred day moving average price of GBX 1,283.09. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91. The firm has a market capitalization of £51.30 billion, a price-to-earnings ratio of 28.43, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. BAE Systems plc has a 52 week low of GBX 1,012.50 ($13.09) and a 52 week high of GBX 1,415.25 ($18.29).

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

Analysts Set New Price Targets

Several brokerages recently issued reports on BA. JPMorgan Chase & Co. raised their target price on BAE Systems from GBX 1,630 ($21.07) to GBX 1,725 ($22.30) and gave the stock an "overweight" rating in a research report on Monday, March 3rd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 1,510 ($19.52) target price on shares of BAE Systems in a report on Thursday, February 20th. Finally, Berenberg Bank restated a "buy" rating and set a GBX 1,440 ($18.61) price target on shares of BAE Systems in a report on Wednesday, February 19th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of GBX 1,528.75 ($19.76).

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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.