QinetiQ Group (LON:QQ) Insider Steve Wadey Buys 35 Shares

QinetiQ Group plc (LON:QQ) insider Steve Wadey purchased 35 shares of the business’s stock in a transaction on Tuesday, December 9th. The shares were acquired at an average price of GBX 436 per share, with a total value of £152.60.

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

• On Tuesday, November 11th, Steve Wadey purchased 33 shares of QinetiQ Group stock. The stock was bought at an average cost of GBX 451 per share, for a total transaction of £148.83.
• On Thursday, October 9th, Steve Wadey acquired 29 shares of QinetiQ Group stock. The stock was bought at an average price of GBX 510 per share, with a total value of £147.90.

QinetiQ Group Stock Performance

LON:QQ opened at GBX 436.80 on Thursday. The company has a debt-to-equity ratio of 41.96, a quick ratio of 1.15 and a current ratio of 1.35. QinetiQ Group plc has a fifty-two week low of GBX 292.20 and a fifty-two week high of GBX 491. The firm has a market cap of £2.41 billion, a PE ratio of 18.09, a price-to-earnings-growth ratio of 1.47 and a beta of 0.48. The business has a 50 day moving average price of GBX 462.56 and a 200-day moving average price of GBX 486.79.

QinetiQ Group (LON:QQ) last issued its earnings results on Thursday, November 13th. The company reported GBX 14.20 EPS for the quarter. QinetiQ Group had a net margin of 7.03% and a return on equity of 14.98%. Equities research analysts predict that QinetiQ Group plc will post 26.1405108 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have commented on QQ shares. Jefferies Financial Group raised their price objective on shares of QinetiQ Group from GBX 520 to GBX 550 and gave the stock a “hold” rating in a report on Thursday, October 30th. Berenberg Bank decreased their target price on QinetiQ Group from GBX 570 to GBX 550 and set a “buy” rating for the company in a research report on Friday, November 14th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, QinetiQ Group currently has an average rating of “Moderate Buy” and an average target price of GBX 551.25.

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.