BAE Systems (LON:BA) Announces Quarterly Earnings Results

BAE Systems (LON:BA) issued its quarterly earnings data on Wednesday. The company reported GBX 68.50 ($0.86) 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 Up 0.6 %

Shares of BA stock opened at GBX 1,345 ($16.92) on Thursday. 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 stock has a market cap of £41.64 billion, a PE ratio of 23.07, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. The business’s fifty day moving average is GBX 1,199.69 and its 200-day moving average is GBX 1,264.16. 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

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

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.