Erste Group Bank Predicts Lower Earnings for Bae Systems

Bae Systems PLC (OTCMKTS:BAESY) – Stock analysts at Erste Group Bank reduced their FY2026 earnings per share (EPS) estimates for Bae Systems in a report issued on Tuesday, September 8th. Erste Group Bank analyst H. Engel now anticipates that the aerospace company will post earnings of $4.54 per share for the year, down from their prior forecast of $4.56. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Bae Systems’ current full-year earnings is $4.59 per share. Erste Group Bank also issued estimates for Bae Systems’ FY2027 earnings at $5.18 EPS.

A number of other equities research analysts have also recently issued reports on the company. Kepler Capital Markets raised Bae Systems from a “hold” rating to a “buy” rating in a research report on Wednesday, June 24th. Morgan Stanley reissued an “overweight” rating on shares of Bae Systems in a research report on Thursday, June 25th. Royal Bank Of Canada assumed coverage on shares of Bae Systems in a research note on Tuesday, August 11th. They issued a “sector perform” rating for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Bae Systems in a report on Tuesday, August 11th. Finally, BNP Paribas Exane assumed coverage on shares of Bae Systems in a research note on Thursday, September 10th. They issued a “neutral” rating and a $113.00 target price on the stock. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Bae Systems presently has an average rating of “Hold” and a consensus price target of $113.00.

Bae Systems Trading Up 3.7%

Shares of OTCMKTS BAESY opened at $108.37 on Monday. The business’s 50-day simple moving average is $109.72 and its 200-day simple moving average is $110.32. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.87. Bae Systems has a 52 week low of $84.50 and a 52 week high of $126.00.

Hedge Funds Weigh In On Bae Systems

Hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC lifted its holdings in Bae Systems by 2.5% during the 2nd quarter. GAMMA Investing LLC now owns 3,969 shares of the aerospace company’s stock valued at $389,000 after purchasing an additional 96 shares during the last quarter. Confluence Investment Management LLC grew its stake in Bae Systems by 0.9% during the second quarter. Confluence Investment Management LLC now owns 13,420 shares of the aerospace company’s stock worth $1,314,000 after buying an additional 115 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Bae Systems by 9.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,690 shares of the aerospace company’s stock worth $157,000 after buying an additional 140 shares in the last quarter. First Merchants Corp raised its stake in shares of Bae Systems by 1.3% in the first quarter. First Merchants Corp now owns 68,422 shares of the aerospace company’s stock valued at $7,940,000 after acquiring an additional 854 shares during the last quarter. Finally, Sit Investment Associates Inc. raised its stake in shares of Bae Systems by 2.6% in the fourth quarter. Sit Investment Associates Inc. now owns 35,476 shares of the aerospace company’s stock valued at $3,295,000 after acquiring an additional 910 shares during the last quarter. Institutional investors and hedge funds own 0.21% of the company’s stock.

Bae Systems Company Profile

BAE Systems plc is a British multinational defense, aerospace and security company. It provides technologies, products and services for governments, armed forces and commercial customers, with activities spanning air, land, sea, space, cybersecurity and intelligence.

The company develops and supports combat aircraft systems, electronic warfare and communications equipment, precision weapons, munitions, armored vehicles, naval ships and submarines. It also provides mission systems, command-and-control technologies, cybersecurity services, engineering, maintenance and long-term support for defense platforms.

BAE Systems was formed in 1999 through the merger of British Aerospace and Marconi Electronic Systems.