Erste Group Bank Forecasts Bae Systems FY2026 Earnings

Bae Systems PLC (OTCMKTS:BAESY – Free Report) – Research analysts at Erste Group Bank lowered their FY2026 EPS estimates for shares of Bae Systems in a report released on Thursday, October 8th. Erste Group Bank analyst H. Engel now anticipates that the aerospace company will post earnings of $4.43 per share for the year, down from their previous forecast of $4.54. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Bae Systems’ current full-year earnings is $4.57 per share. Erste Group Bank also issued estimates for Bae Systems’ FY2027 earnings at $5.07 EPS.

A number of other analysts have also recently weighed in on the stock. Kepler Capital Markets upgraded shares of Bae Systems from a “hold” rating to a “buy” rating in a report on Wednesday, June 24th. Morgan Stanley restated an “overweight” rating on shares of Bae Systems in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Bae Systems in a report on Tuesday, August 11th. BNP Paribas Exane started coverage on Bae Systems in a research report on Thursday, September 10th. They set a “neutral” rating and a $113.00 price objective for the company. Finally, Royal Bank Of Canada started coverage on Bae Systems in a research report on Tuesday, August 11th. They set a “sector perform” rating for the company. Two analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $113.00.

Check Out Our Latest Research Report on Bae Systems

Bae Systems Stock Up 1.5%

OTCMKTS BAESY opened at $99.88 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 0.91 and a debt-to-equity ratio of 0.53. The company’s 50 day simple moving average is $108.79 and its 200 day simple moving average is $107.93. Bae Systems has a 12 month low of $84.50 and a 12 month high of $126.00.

Hedge Funds Weigh In On Bae Systems

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Collaborative Fund Advisors LLC acquired a new stake in Bae Systems during the 1st quarter valued at $897,000. Sterling Capital Management LLC acquired a new stake in shares of Bae Systems in the first quarter worth $1,146,000. Henry James International Management Inc. boosted its position in shares of Bae Systems by 15.8% in the third quarter. Henry James International Management Inc. now owns 30,099 shares of the aerospace company’s stock worth $3,131,000 after buying an additional 4,102 shares during the period. GAMMA Investing LLC boosted its position in shares of Bae Systems by 11.6% in the third quarter. GAMMA Investing LLC now owns 4,428 shares of the aerospace company’s stock worth $459,000 after buying an additional 459 shares during the period. Finally, Confluence Investment Management LLC grew its holdings in shares of Bae Systems by 0.9% during the third quarter. Confluence Investment Management LLC now owns 13,537 shares of the aerospace company’s stock valued at $1,403,000 after buying an additional 117 shares in the last quarter. 0.21% of the stock is currently owned by hedge funds and other institutional investors.

Bae Systems Company Profile

(Get Free Report)

BAE Systems plc is a multinational defense, aerospace and security company headquartered in the United Kingdom. The company develops and supports technology and equipment for governments, armed forces and commercial customers, with activities spanning air, land, sea, space and cyber domains.

Its products and services include combat aircraft and aircraft support, naval vessels and submarines, armored vehicles, artillery systems, electronic warfare and radar equipment, intelligence and cybersecurity solutions, precision weapons, and command-and-control systems.

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Earnings History and Estimates for Bae Systems (OTCMKTS:BAESY)

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