BAE Systems (LON:BA) Issues Quarterly Earnings Results

BAE Systems (LON:BA) announced its earnings results on Wednesday. The company reported GBX 68.50 ($0.86) 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 Trading Down 0.1 %

BA traded down GBX 1.50 ($0.02) on Wednesday, hitting GBX 1,336.50 ($16.82). The company had a trading volume of 8,318,980 shares. The firm has a market cap of £41.38 billion, a P/E ratio of 22.93, a PEG ratio of 3.33 and a beta of 0.33. BAE Systems has a 1 year low of GBX 1,012.50 ($12.74) and a 1 year high of GBX 1,415.25 ($17.81). The company’s fifty day moving average price is GBX 1,199.69 and its 200 day moving average price is GBX 1,264.16. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.02.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,440 ($18.12) price target on shares of BAE Systems in a research report on Wednesday. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, BAE Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,454 ($18.30).

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.