QinetiQ Group plc (LON:QQ) Insider Acquires £148.42 in Stock

QinetiQ Group plc (LON:QQ) insider Steve Wadey acquired 41 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The stock was bought at an average cost of GBX 362 ($4.55) per share, with a total value of £148.42 ($186.53).

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

• On Thursday, January 9th, Steve Wadey acquired 37 shares of QinetiQ Group stock. The stock was bought at an average cost of GBX 407 ($5.11) per share, with a total value of £150.59 ($189.25).
• On Monday, December 9th, Steve Wadey acquired 37 shares of QinetiQ Group stock. The stock was bought at an average cost of GBX 408 ($5.13) per share, with a total value of £150.96 ($189.72).

QinetiQ Group Price Performance

Shares of LON:QQ opened at GBX 370.80 ($4.66) on Friday. QinetiQ Group plc has a twelve month low of GBX 292.20 ($3.67) and a twelve month high of GBX 491 ($6.17). The company’s 50 day moving average is GBX 398.48 and its 200 day moving average is GBX 436.24. The company has a current ratio of 1.35, a quick ratio of 1.15 and a debt-to-equity ratio of 41.96. The company has a market cap of £2.05 billion, a PE ratio of 15.35, a price-to-earnings-growth ratio of 1.47 and a beta of 0.48.

QinetiQ Group (LON:QQ) last issued its quarterly earnings results on Thursday, November 14th. The company reported GBX 14.20 ($0.18) earnings per share for the quarter. QinetiQ Group had a net margin of 7.03% and a return on equity of 14.98%. On average, sell-side analysts forecast that QinetiQ Group plc will post 26.1405108 EPS for the current year.

QinetiQ Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 7th. Investors of record on Thursday, January 9th were issued a GBX 2.80 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, January 9th. This represents a yield of 0.6%. QinetiQ Group’s dividend payout ratio (DPR) is presently 33.13%.

Analyst Ratings Changes

Several brokerages recently commented on QQ. JPMorgan Chase & Co. increased their price objective on shares of QinetiQ Group from GBX 455 ($5.72) to GBX 535 ($6.72) and gave the company an “overweight” rating in a research report on Thursday, December 12th. Shore Capital reiterated a “buy” rating on shares of QinetiQ Group in a report on Tuesday, January 21st.

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.