Steve Wadey Purchases 31 Shares of QinetiQ Group plc (LON:QQ) Stock

QinetiQ Group plc (LON:QQ) insider Steve Wadey bought 31 shares of QinetiQ Group stock in a transaction dated Friday, July 11th. The stock was acquired at an average cost of GBX 491 ($6.57) per share, for a total transaction of £152.21 ($203.79).

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

• On Wednesday, June 11th, Steve Wadey sold 75,060 shares of QinetiQ Group stock. The shares were sold at an average price of GBX 517 ($6.92), for a total transaction of £388,060.20 ($519,561.12).
• On Tuesday, June 10th, Steve Wadey bought 27 shares of QinetiQ Group stock. The shares were acquired at an average cost of GBX 548 ($7.34) per share, with a total value of £147.96 ($198.10).
• On Friday, May 9th, Steve Wadey bought 35 shares of QinetiQ Group stock. The shares were acquired at an average price of GBX 428 ($5.73) per share, with a total value of £149.80 ($200.56).

QinetiQ Group Trading Up 4.1%

QQ opened at GBX 508.50 ($6.81) on Wednesday. The firm’s fifty day moving average is GBX 485.74 and its two-hundred day moving average is GBX 430.88. The company has a debt-to-equity ratio of 41.96, a quick ratio of 1.15 and a current ratio of 1.35. The firm has a market cap of £2.81 billion, a PE ratio of 21.06, a price-to-earnings-growth ratio of 1.47 and a beta of 0.48. QinetiQ Group plc has a twelve month low of GBX 292.20 ($3.91) and a twelve month high of GBX 491 ($6.57).

QinetiQ Group (LON:QQ) last released its quarterly earnings data on Thursday, May 22nd. The company reported GBX 26.10 ($0.35) EPS for the quarter. QinetiQ Group had a net margin of 7.03% and a return on equity of 14.98%. Equities research analysts anticipate that QinetiQ Group plc will post 26.1405108 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Shore Capital restated a “hold” rating on shares of QinetiQ Group in a research report on Thursday, May 22nd. Berenberg Bank raised their target price on QinetiQ Group from GBX 500 ($6.69) to GBX 570 ($7.63) and gave the stock a “buy” rating in a report on Monday, June 2nd.

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.