QinetiQ Group plc (LON:QQ) Insider Steve Wadey Acquires 41 Shares of Stock

QinetiQ Group plc (LON:QQGet Free Report) insider Steve Wadey purchased 41 shares of QinetiQ Group stock in a transaction on Friday, February 9th. The shares were purchased at an average cost of GBX 367 ($4.64) per share, with a total value of £150.47 ($190.04).

Steve Wadey also recently made the following trade(s):

  • On Tuesday, January 9th, Steve Wadey purchased 48 shares of QinetiQ Group stock. The shares were purchased at an average cost of GBX 316 ($3.99) per share, with a total value of £151.68 ($191.56).
  • On Monday, December 11th, Steve Wadey purchased 49 shares of QinetiQ Group stock. The shares were purchased at an average cost of GBX 302 ($3.81) per share, with a total value of £147.98 ($186.89).

QinetiQ Group Stock Up 1.6 %

QQ opened at GBX 373 ($4.71) on Tuesday. QinetiQ Group plc has a 1-year low of GBX 292.20 ($3.69) and a 1-year high of GBX 382.40 ($4.83). The stock’s fifty day simple moving average is GBX 325.35 and its 200 day simple moving average is GBX 324.58. The company has a current ratio of 1.24, a quick ratio of 1.15 and a debt-to-equity ratio of 39.57. The stock has a market cap of £2.15 billion, a PE ratio of 2,040.00, a price-to-earnings-growth ratio of 1.47 and a beta of 0.38.

QinetiQ Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 2nd. Shareholders of record on Thursday, January 4th were given a dividend of GBX 2.60 ($0.03) per share. This represents a yield of 0.74%. The ex-dividend date of this dividend was Thursday, January 4th. QinetiQ Group’s payout ratio is 4,444.44%.

Analyst Upgrades and Downgrades

QQ has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut their price objective on QinetiQ Group from GBX 420 ($5.30) to GBX 390 ($4.93) and set a “neutral” rating for the company in a report on Monday, November 20th. Berenberg Bank increased their price objective on QinetiQ Group from GBX 440 ($5.56) to GBX 445 ($5.62) and gave the company a “buy” rating in a report on Monday, January 22nd. Shore Capital reissued a “buy” rating on shares of QinetiQ Group in a report on Thursday, November 16th. Finally, Barclays reissued an “overweight” rating and issued a GBX 465 ($5.87) price objective on shares of QinetiQ Group in a report on Friday, November 17th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, QinetiQ Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 443.40 ($5.60).

View Our Latest Analysis on QinetiQ Group

QinetiQ Group Company Profile

(Get Free Report)

QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, Europe, and internationally. The company operates through EMEA Services and Global Products 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.

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Insider Buying and Selling by Quarter for QinetiQ Group (LON:QQ)

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