|Bid||502.80 x 0|
|Ask||503.20 x 0|
|Day's range||494.40 - 506.80|
|52-week range||395.90 - 637.20|
|Beta (5Y monthly)||0.90|
|PE ratio (TTM)||13.27|
|Earnings date||25 Feb 2021|
|Forward dividend & yield||0.19 (3.87%)|
|Ex-dividend date||22 Oct 2020|
|1y target est||652.67|
Shares in defence company BAE nudged higher in early trading after it delivered earnings per share ahead of market expectations.
British defence company BAE Systems forecast another year of growth in 2021, helped by Germany's recent order for Typhoon jets and strong demand in its Electronic Systems unit, and was confident about its longer term outlook. BAE, which builds combat ships, submarines and fighter jets, said that underlying earnings per share would rise by between 3% and 5% in 2021. Two big acquisitions it made last year in the United States, its biggest market, would boost its higher-margin Electronic Systems unit, which provides flight controls, electronic warfare and surveillance capabilities, it said.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of BAE Systems plc...