QinetiQ Group (LON:QQ) Earns “Hold” Rating from Shore Capital

QinetiQ Group (LON:QQ)‘s stock had its “hold” rating reiterated by investment analysts at Shore Capital in a research note issued to investors on Thursday, MarketBeat Ratings reports.

Several other equities analysts have also issued reports on the company. Berenberg Bank dropped their price objective on QinetiQ Group from GBX 610 ($8.26) to GBX 500 ($6.77) and set a “buy” rating on the stock in a report on Tuesday, March 18th. Barclays raised their price objective on QinetiQ Group from GBX 535 ($7.24) to GBX 570 ($7.72) and gave the stock an “overweight” rating in a report on Monday, March 3rd. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 533.75 ($7.23).

QinetiQ Group Trading Up 6.8%

LON:QQ opened at GBX 469.60 ($6.36) on Thursday. The firm has a market cap of £2.59 billion, a PE ratio of 19.45, a price-to-earnings-growth ratio of 1.47 and a beta of 0.48. The stock has a fifty day moving average price of GBX 396.22 and a 200 day moving average price of GBX 410.21. QinetiQ Group has a 12-month low of GBX 292.20 ($3.96) and a 12-month high of GBX 491 ($6.65). The company has a current ratio of 1.35, a quick ratio of 1.15 and a debt-to-equity ratio of 41.96.

QinetiQ Group (LON:QQ) last posted its quarterly earnings results on Thursday, May 22nd. The company reported GBX 26.10 ($0.35) earnings per share for the quarter. QinetiQ Group had a return on equity of 14.98% and a net margin of 7.03%. Sell-side analysts anticipate that QinetiQ Group will post 26.1405108 earnings per share for the current fiscal year.

About QinetiQ Group

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.