Steven Mogford Buys 9,092 Shares of QinetiQ Group (LON:QQ) Stock

QinetiQ Group plc (LON:QQ) insider Steven Mogford bought 9,092 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was acquired at an average cost of GBX 546 per share, with a total value of £49,642.32.

QinetiQ Group Stock Up 0.7%

Shares of LON QQ traded up GBX 4 during mid-day trading on Thursday, reaching GBX 546.50. 2,360,327 shares of the company’s stock were exchanged, compared to its average volume of 88,555. The firm has a market capitalization of £3.02 billion, a price-to-earnings ratio of 22.63, a PEG ratio of 1.47 and a beta of 0.33. The company has a current ratio of 1.13, a quick ratio of 1.15 and a debt-to-equity ratio of 74.20. The business has a fifty day simple moving average of GBX 466.95 and a 200 day simple moving average of GBX 475.75. QinetiQ Group plc has a twelve month low of GBX 292.20 and a twelve month high of GBX 491.

QinetiQ Group (LON:QQ) last issued its quarterly earnings data on Thursday, May 21st. The company reported GBX 31.50 earnings per share (EPS) for the quarter. QinetiQ Group had a return on equity of 19.34% and a net margin of 5.59%.The business had revenue of GBX 192.26 billion during the quarter. As a group, equities analysts expect that QinetiQ Group plc will post 26.1405108 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

QQ has been the topic of a number of recent research reports. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 490 target price on shares of QinetiQ Group in a research report on Tuesday, July 21st. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 487 price target on shares of QinetiQ Group in a research report on Wednesday, July 1st. Berenberg Bank raised their price target on shares of QinetiQ Group from GBX 580 to GBX 610 and gave the stock a “buy” rating in a research note on Monday. Citigroup lifted their price objective on shares of QinetiQ Group from GBX 5,690 to GBX 6,050 and gave the company a “buy” rating in a report on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 600 price objective on shares of QinetiQ Group in a research report on Wednesday, July 1st. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,647.40.

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.