Steve Wadey Purchases 41 Shares of QinetiQ Group plc (LON:QQ) Stock

QinetiQ Group plc (LON:QQ - Get Free Report) insider Steve Wadey purchased 41 shares of the business's stock in a transaction that occurred on Monday, February 10th. The shares were purchased at an average price of GBX 362 ($4.55) per share, for a total transaction of £148.42 ($186.53).

Steve Wadey also recently made the following trade(s):

• On Thursday, January 9th, Steve Wadey purchased 37 shares of QinetiQ Group stock. The shares were acquired at an average cost of GBX 407 ($5.11) per share, with a total value of £150.59 ($189.25).
• On Monday, December 9th, Steve Wadey purchased 37 shares of QinetiQ Group stock. The shares were bought at an average price of GBX 408 ($5.13) per share, with a total value of £150.96 ($189.72).

QinetiQ Group Trading Down 0.3 %

QinetiQ Group stock traded down GBX 1.20 ($0.02) during trading hours on Friday, reaching GBX 369.60 ($4.64). The company had a trading volume of 901,671 shares, compared to its average volume of 88,555. The company has a debt-to-equity ratio of 41.96, a current ratio of 1.35 and a quick ratio of 1.15. QinetiQ Group plc has a 12-month low of GBX 292.20 ($3.67) and a 12-month high of GBX 491 ($6.17). The firm has a market cap of £2.04 billion, a price-to-earnings ratio of 15.30, a P/E/G ratio of 1.47 and a beta of 0.48. The company has a 50-day moving average price of GBX 398.48 and a 200 day moving average price of GBX 436.24.

QinetiQ Group (LON:QQ - Get Free Report) last announced its quarterly earnings results on Thursday, November 14th. The company reported GBX 14.20 ($0.18) earnings per share (EPS) for the quarter. QinetiQ Group had a net margin of 7.03% and a return on equity of 14.98%. Equities analysts forecast that QinetiQ Group plc will post 26.1405108 earnings per share for the current year.

QinetiQ Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 9th were given a GBX 2.80 ($0.04) dividend. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 0.6%. QinetiQ Group's dividend payout ratio is currently 33.13%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Shore Capital restated a "buy" rating on shares of QinetiQ Group in a research report on Tuesday, January 21st. JPMorgan Chase & Co. boosted their price objective on shares of QinetiQ Group from GBX 455 ($5.72) to GBX 535 ($6.72) and gave the stock an "overweight" rating in a report on Thursday, December 12th.

About QinetiQ Group

QinetiQ Group plc operates as a science and engineering company in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company operates through EMEA Services and Global Solutions segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform, and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.