BAE Systems (LON:BA) Announces Earnings Results

BAE Systems (LON:BA) announced its earnings results on Wednesday. The company reported GBX 68.50 ($0.87) 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 4.5 %

Shares of BAE Systems stock opened at GBX 1,284 ($16.27) on Friday. The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.02. The company’s 50-day simple moving average is GBX 1,202.63 and its 200-day simple moving average is GBX 1,264.73. BAE Systems has a 52-week low of GBX 1,012.50 ($12.83) and a 52-week high of GBX 1,415.25 ($17.93). The firm has a market cap of £39.75 billion, a price-to-earnings ratio of 22.03, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on BA. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,440 ($18.25) target price on shares of BAE Systems in a report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,510 ($19.13) target price on shares of BAE Systems in a report on Thursday. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 1,468 ($18.60).

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.