BAE Systems (LON:BA) Releases Earnings Results

BAE Systems (LON:BA) announced its earnings results on Wednesday. The company reported GBX 68.50 ($0.86) earnings per share 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 Performance

Shares of LON:BA opened at GBX 1,345 ($16.92) on Thursday. The firm 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 firm’s 50 day simple moving average is GBX 1,199.69 and its 200-day simple 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. BAE Systems has a one year low of GBX 1,012.50 ($12.74) and a one year high of GBX 1,415.25 ($17.81).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,440 ($18.12) target price on shares of BAE Systems in a report on Wednesday. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, 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.