QinetiQ Group plc (LON:QQ) Insider Steve Wadey Acquires 41 Shares

QinetiQ Group plc (LON:QQ) insider Steve Wadey acquired 41 shares of the stock in a transaction dated Monday, February 10th. The shares were bought at an average cost of GBX 362 ($4.47) per share, with a total value of £148.42 ($183.42).

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

• On Thursday, January 9th, Steve Wadey acquired 37 shares of QinetiQ Group stock. The shares were purchased at an average price of GBX 407 ($5.03) per share, with a total value of £150.59 ($186.10).
• On Monday, December 9th, Steve Wadey acquired 37 shares of QinetiQ Group stock. The shares were acquired at an average price of GBX 408 ($5.04) per share, with a total value of £150.96 ($186.55).

QinetiQ Group Price Performance

QinetiQ Group stock traded up GBX 0.40 ($0.00) during mid-day trading on Tuesday, reaching GBX 361.40 ($4.47). 818,300 shares of the company were exchanged, compared to its average volume of 88,555. The firm has a market cap of £2.04 billion, a PE ratio of 1,505.83, a PEG ratio of 1.47 and a beta of 0.48. QinetiQ Group plc has a 12 month low of GBX 292.20 ($3.61) and a 12 month high of GBX 491 ($6.07). The company has a debt-to-equity ratio of 42.47, a current ratio of 1.15 and a quick ratio of 1.15. The company has a fifty day simple moving average of GBX 401.74 and a 200-day simple moving average of GBX 437.92.

QinetiQ Group (LON:QQ) last announced its quarterly earnings results on Thursday, November 14th. The company reported GBX 14.20 ($0.18) earnings per share (EPS) for the quarter. QinetiQ Group had a net margin of 7.30% and a return on equity of 14.74%. As a group, equities research analysts expect that QinetiQ Group plc will post 26.1405108 earnings per share for the current fiscal year.

QinetiQ Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 9th were paid a dividend of GBX 2.80 ($0.03) per share. This represents a dividend yield of 0.6%. The ex-dividend date was Thursday, January 9th. QinetiQ Group’s payout ratio is currently 3,333.33%.

Analyst Ratings Changes

Several equities analysts recently weighed in on QQ shares. Shore Capital reissued a “buy” rating on shares of QinetiQ Group in a research note on Tuesday, January 21st. JPMorgan Chase & Co. boosted their price target on QinetiQ Group from GBX 455 ($5.62) to GBX 535 ($6.61) and gave the company an “overweight” rating in a research note on Thursday, December 12th.

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.