QinetiQ Group plc (LON:QQ) Insider Acquires £148.42 in Stock

QinetiQ Group plc (LON:QQ) insider Steve Wadey purchased 41 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was bought 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 stock was bought at an average price of GBX 407 ($5.11) per share, for a total transaction of £150.59 ($189.25).
• On Monday, December 9th, Steve Wadey purchased 37 shares of QinetiQ Group stock. The stock was bought at an average price of GBX 408 ($5.13) per share, for a total transaction of £150.96 ($189.72).

QinetiQ Group Stock Up 0.1 %

LON:QQ opened at GBX 370.80 ($4.66) on Friday. QinetiQ Group plc has a 1-year low of GBX 292.20 ($3.67) and a 1-year high of GBX 491 ($6.17). The company has a 50-day moving average of GBX 398.48 and a 200 day moving average of GBX 436.24. The firm has a market cap of £2.05 billion, a PE ratio of 15.35, a price-to-earnings-growth ratio of 1.47 and a beta of 0.48. 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 (LON:QQ) last released its quarterly earnings data on Thursday, November 14th. The company reported GBX 14.20 ($0.18) earnings per share for the quarter. QinetiQ Group had a net margin of 7.03% and a return on equity of 14.98%. As a group, research analysts anticipate that QinetiQ Group plc will post 26.1405108 EPS for the current fiscal year.

QinetiQ Group Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, February 7th. Shareholders of record on Thursday, January 9th were given a dividend of GBX 2.80 ($0.04) per share. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, January 9th. QinetiQ Group’s payout ratio is 33.13%.

Analysts Set New Price Targets

QQ has been the subject of a number of research reports. Shore Capital reaffirmed a “buy” rating on shares of QinetiQ Group in a research note on Tuesday, January 21st. JPMorgan Chase & Co. upped 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 research note on Thursday, December 12th.

QinetiQ Group Company Profile

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.