BAESY - BAE Systems plc

Other OTC - Other OTC Delayed Price. Currency in USD
+0.02 (+0.08%)
At close: 3:59PM EDT
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Previous Close24.92
Bid0.00 x 0
Ask0.00 x 0
Day's Range24.92 - 25.08
52 Week Range22.36 - 36.41
Avg. Volume347,678
Market Cap20.501B
Beta (3Y Monthly)1.21
PE Ratio (TTM)19.98
EPS (TTM)1.25
Earnings DateN/A
Forward Dividend & Yield1.33 (5.34%)
Ex-Dividend Date2019-04-22
1y Target Est26.09
Trade prices are not sourced from all markets
  • Reuters10 hours ago

    Britain wants accountability over Khashoggi murder - PM May

    Britain wants to see accountability for the murder of journalist Jamal Khashoggi and Saudi Arabia should investigate the death thoroughly and in a way that adheres to international laws, Prime Minister Theresa May said on Wednesday. Last week, a U.N. rights investigator said Saudi Crown Prince Mohammed bin Salman and other senior officials should be investigated over the murder, given credible evidence against them. "We do want to see accountability for this horrific murder... We expect Saudi Arabia to take the action necessary to ensure such violations of international and national laws can't happen again," May said in parliament.

  • Is There An Opportunity With BAE Systems plc's (LON:BA.) 45% Undervaluation?
    Simply Wall St.5 days ago

    Is There An Opportunity With BAE Systems plc's (LON:BA.) 45% Undervaluation?

    Does the June share price for BAE Systems plc (LON:BA.) reflect what it's really worth? Today, we will estimate the...

  • Reuters6 days ago

    UPDATE 3-U.S. Senate rejects Saudi arms sales in rebuke to Trump

    The U.S. Senate on Thursday voted to block the sale of billions of dollars in military sales to Saudi Arabia, the United Arab Emirates and other countries, rejecting President Donald Trump's decision to sidestep Congress' review of such deals by declaring an emergency over Iran. Trump has promised to veto the Senate action in order to proceed with the deals, worth some $8.1 billion. Senators would need 67 votes to override his veto, which looked unlikely after Thursday's votes.

  • Reuters6 days ago

    BAE Systems will fulfill UK-Saudi contracts after arms export ruling

    Leading British defence firm BAE Systems said on Thursday it would continue to support the government in its agreements it has made with Saudi Arabia following a court ruling that Britain had granted arms export licences unlawfully. "We continue to support the UK Government in providing equipment, support and training under government to government agreements between the United Kingdom and Saudi Arabia," BAE Systems said in a statement after the ruling, which does not halt exports but means Britain will pause issuing new licences. "We will assess the result of the UK Government's reconsideration of its decision-making on the basis set out by the court, once it has been made," it said, adding it complied with all relevant export control laws.

  • Reuters6 days ago

    Saudi Arabia says ending British arms exports would help Iran

    Iran would be the only beneficiary of any end to arms exports from Britain to Saudi Arabia, the kingdom's minister of state for foreign affairs said on Thursday, adding that the deployment of weapons in Yemen was legitimate. A UK court earlier found that Britain broke the law by allowing arms sales to Saudi Arabia that might have been used in Yemen's war. The ruling does not halt Britain's arms exports but means the granting of new licences will be paused.

  • Reuters6 days ago

    Saudi Arabia says Iran has created "very grave" situation in Gulf

    Iran has created a grave situation and jeopardised global oil supplies with its aggressive behaviour, Saudi Arabia's minister of state for foreign affairs said on Thursday, adding that the kingdom was consulting with allies on next steps. The United States and Saudi Arabia are among countries that have blamed Iran for attacks on oil tankers near the Strait of Hormuz, a major transit route for global oil supplies. "I think the situation is very grave because of the aggressive behaviour of Iran," Adel al-Jubeir told reporters in London.

  • Financial Times6 days ago

    UK suspends new arms export licences to Saudi-led coalition

    The UK has suspended granting new export licences for arms that might be used by the Saudi Arabia-led coalition in Yemen while it considers a landmark court ruling that found the government’s decision-making processes were unlawful. The Court of Appeal in London ruled on Thursday that the government had to assess whether the Saudi government violated international human rights law in its military campaign in Yemen before ministers approve further arms sales to the Gulf kingdom.

  • Reuters6 days ago

    Britain acted unlawfully on Saudi arms exports, court rules

    A British court on Thursday ruled that the British government had acted unlawfully in allowing arms exports to Saudi Arabia that might have been used in the conflict in Yemen. "The decision of the court today does not mean that licenses to export arms to Saudi Arabia must immediately be suspended," he said. The case was brought by the Campaign Against the Arms Trade against the British government.

  • Financial Times7 days ago

    BAE is still paying the price for former strategy

    Mr Turner was the person who promoted the sale of BAE’s 20 per cent stake in Airbus in 2006 for a giveaway fee. Mr Turner at the time as I recall accused people like me who opposed the sale (as a shareholder, like many of my work colleagues) of “being wedded to aerospace”. Some of us believe in building great companies, others believe in building great share prices.

  • Raytheon Wins $33M Deal to Support Dual Band Decoy Program
    Zacks9 days ago

    Raytheon Wins $33M Deal to Support Dual Band Decoy Program

    The latest contract will enable Raytheon (RTN) to conduct the DET, which expands the existing capabilities of the Integrated Defensive Electronic Countermeasures used in F/A-18E/F aircraft.

  • Financial Times9 days ago

    Political risks hamper BAE’s battle to revive share price

    When BAE Systems chairman Roger Carr met US president Donald Trump in London this month it underlined the importance of the American market to the British defence group after its share price was hit by domestic political uncertainties. As the UK’s biggest defence company and a key supplier to the Pentagon, BAE is one of a handful of companies with genuine clout on both sides of the Atlantic. Its British factories build the rear fuselage for the US-led F-35 fighter jet programme and its American operations make amphibious assault vehicles for the marines.

  • UTC's Raytheon Deal Shows Airbus-BAE Merger of Equals Might Work
    Bloomberg16 days ago

    UTC's Raytheon Deal Shows Airbus-BAE Merger of Equals Might Work

    Terms of the all-U.S. deal announced Sunday suggest investors are “agnostic” about the relative outlooks for the civil aerospace and armaments industries, Jefferies International analyst Sandy Morris said in a note on the combination. BAE’s price-earnings valuation, which trails behind Airbus, could also be boosted if Europe agrees to build a new warplane developed from the current Typhoon, in which the U.K. company is a key partner, he said.

  • 4 of the Best OTC Stocks to Buy for Future Growth
    InvestorPlace21 days ago

    4 of the Best OTC Stocks to Buy for Future Growth

    [Editor's note: This story was previously published in February 2019. It has since been updated and republished.] Not all American stocks trade on the major exchanges. In fact, many investors often forget the stocks that trade on the Over the Counter Bulletin Board (OTCBB). Some refer to these OTC stocks to buy as equities that trade on the "pink sheets," named for the color of the paper on which they were printed before electronic trading became more widespread.Instead of using exchanges, such trades occur over computer networks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsStocks end up on the pink sheets either because they either don't meet or have not attempted to meet the listing requirements of the New York Stock Exchange or the Nasdaq. Often OTC stocks have become penny stocks involuntarily. They often fail to meet listing requirements due to financial strains. * The 10 Best Stocks for 2019 -- So Far However, one should not assume all OTC stocks trade as penny stocks near bankruptcy. In fact, some OTC stocks have become some of the largest and most successful companies in the world. This sometimes occurs with foreign companies that trade on the major exchanges in their home countries.Despite their prestige at home, these companies may turn to OTC markets to test the U.S. market. If their stock becomes one of the OTC stocks to buy, they will subsequently switch to the NYSE or Nasdaq at a later time. Others may not want to meet the financial disclosure standards required by the exchanges.Whatever the reason, traders should not ignore the OTC markets. In fact, investors looking for OTC stocks to buy may want to consider these five: BAE Systems (BAESY)BAE (OTCMKTS:BAESY) operates in the defense, security and aerospace industries. Based in Farnborough, England, BAE has grown into the U.K.'s largest defense contractor. Despite its presence in its home country, 75% of its revenue comes from outside of the U.K.Revenue and earnings have seen slower growth over the last few years. However, the Trump Administration's attitude toward European defense may force these governments to shoulder more of the defense burden. Furthermore, threats from the Middle East and fears of Russia continue to worsen.Such concerns play into the hands of defense contractors such as BAE. The stock has traded in a range since 2015. A focus on defense within Europe could send it higher. Net income also appears set to move higher. If profit predictions hold up, the forward P/E will hold at about the 15 level. This stands well below the 31.5 average P/E over the last five years.Moreover, even though the stock shows little movement, the dividend helps it become an ideal OTC stock to buy. The dividend saw an increase this year. Shareholders now earn a dividend yield at around 6%. Even if the stock takes longer than anticipated to move higher, BAESY stock pays investors well to wait.Still, with the current geopolitical environment, BAE investors will likely not have to wait for very long. Sberbank of Russia (SBRCY)Sberbank (OTCMKTS:SBRCY) might seem too risky to become one of the better OTC stocks to buy. With the focus on Russian collusion and a relationship between Trump and Putin that has become too comfortable for many, the thought of investing in Russia seems scary.However, some see opportunity amid the fear. American investors such as Jim Rogers have recently sought investment opportunities in Russia. Mr. Rogers cites a strong ruble, a market well off all-time highs and high real interest rates as the reason. SBRCY stock could position an investor for these returns.Sberbank has become the largest bank in Russia. It holds more in assets than the next six largest competitors combined. Sberbank performs retail, corporate and investment banking within Russia. It also invests heavily in Central and Eastern Europe. * The 10 Best Stocks for 2019 -- So Far At a $70=8 billion market cap, it pales in size to U.S. banking giants such as Citigroup (NYSE:C) or Bank of America (NYSE:BAC). It also seems to struggle with gaining respect, though this could work to an investor's advantage. SBRCY stock trades at a P/E of only six or so, well below that of BAC stock. This is despite the fact that revenues have increased by an average of 18.9%-per-year over the last five years.Moreover, dividends have seen sustained growth over the last three years. Today, SBRCY stock pays a dividend of about 4.25%. In today's market, anything related to Russia has become clouded in controversy. However, those that can look past the drama could find a bargain in SBRCY stock. Softbank (SFTBY)Even though it could become one of the more profitable OTC stocks to buy, Softbank (OTCMKTS:SFTBY) has not become a household name. However, this Japanese holding conglomerate has grown to a little more than a $93 billion market cap by investing in some of the better-known names in the tech industry in both the U.S. and Japan.Softbank lists Yahoo! Japan, Uber (NYSE:UBER) and WeWork among its investments. Still, its most famous investments are its 28% stake in Alibaba (NYSE:BABA) and its ownership of about 83% of Sprint (NYSE:S). In fact, one attempt to merge Sprint with T-Mobile (NASDAQ:TMUS) failed because it would have required Softbank to sell too many of its assets.Investors should look at SFTBY stock like a mutual fund. If the T-Mobile-Sprint merger goes through, this will give Softbank a significant stake in America's fastest-growing telecom company as 5G begins to take off. Softbank's results should be boosted by Uber's IPO.SFTBY stock also reported a 49% increase in earnings in its latest quarter. Investments in WeWork and Indian ecommerce firm Flipkart drove much of the net income increase.With its profitable investments and its prospects for the future, SFTBY should continue to report strong results for many quarters to come. Tencent (TCEHY)Tencent (OTCMKTS:TCEHY) has become the largest OTC stock trading today. With a $398 billion market cap, the Shenzhen and Cayman Islands-based conglomerate has grown into one of the world's largest companies.Tencent serves the Chinese market in the internet, social networking, gaming, payment systems, ecommerce, venture capital and many other areas. The company competes with the likes of Alibaba and (NASDAQ:JD) at home.Overseas, Tencent's influence is also felt in the U.S. as it competes with Activision (NASDAQ:ATVI) and other gaming companies for market share in the emerging esports field. This only scratches the surface of Tencent's influence. * The 10 Best Stocks for 2019 -- So Far Due to its reach and growth, Tencent's size impact has become too large to ignore. Even with the growth, the forward P/E stands at about 23.5. While its P/E stands well above S&P 500's average, it has reached a tiny fraction of the P/E where Amazon (NASDAQ:AMZN) trades.Given the lower P/E relative to earnings growth and its position in the emerging Chinese market, TCEHY should serve as one of the best OTC stocks to buy despite its size.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow him on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Retailers Including Disney Agree to Ditch On-Call Scheduling * The 10 Best Stocks for 2019 -- So Far * 7 Small-Cap ETFs to Buy Now Compare Brokers The post 4 of the Best OTC Stocks to Buy for Future Growth appeared first on InvestorPlace.

  • Reuters23 days ago

    Let's deepen economic ties, Britain's May tells Trump

    British Prime Minister Theresa May will call on U.S. President Donald Trump to deepen transatlantic economic cooperation on Tuesday, saying a bilateral trade deal could make their partnership "greater still". At a meeting with 10 British and U.S. businesses at St James' Palace, the Queen's official residence, May will tell companies such as defence contractor BAE Systems and pharmaceuticals giant GlaxoSmithKline that greater cooperation would boost the two countries' economic partnership. "It is a great partnership, but one I believe we can make greater still," she will say, according to advance extracts from her office.

  • Moody'slast month

    BAE Systems Holdings Inc. -- Moody's announces completion of a periodic review of ratings of BAE SYSTEMS plc

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of BAE SYSTEMS plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Reuters2 months ago

    UK stocks - Factors to watch on May 10

    (Adds company news items and futures) May 10 (Reuters) - Britain's FTSE 100 index is expected to open 22 points higher at 7,229 on Friday, according to financial bookmakers, while FTSE 100 futures were ...

  • Reuters2 months ago

    BAE Systems says working to deliver Saudi contracts after Germany extends export ban

    Leading British defence firm BAE Systems said it was working with the government to deliver its contracts with Saudi Arabia after Germany extended its ban on exporting arms to the country. Reflecting the Saudi situation, Britain's biggest defence company noted that it remained subject to geopolitical uncertainties as it reiterated its earnings targets for the year. In March, Germany said it would extend for a further six months a ban on exporting arms to Saudi Arabia which has strained ties with fellow European arms exporters with whom German companies have joint programmes.

  • Bloomberg2 months ago

    This Is the First Plane in History to Fly Without Wing Flaps

    The Magma model is flown by blowing air from its engine at supersonic speeds through slots in the wings. The technology is lighter, more reliable and cheaper to operate than conventional control surfaces, such as wing flaps, rudders and ailerons, BAE says. Built by researchers at Manchester University using titanium parts 3D-printed by BAE, the aircraft has made a series of flights from Llanbedr Airfield in north Wales, a specialist site for drone testing run by Snowdonia Aerospace LLP.

  • Reuters3 months ago

    British nuclear submarine yard reopens after brief evacuation

    A shipyard in Barrow-in-Furness, northwest England, that builds Britain's new generation of nuclear submarines reopened on Wednesday after being briefly evacuated due to an incident, defence company BAE Systems said. "Following an extensive sweep of the Devonshire Dock Complex (DDC), including the four Astute class submarines in build, nothing suspicious was found," the company said in a statement. It did not specify the nature of the incident but an unidentified source told The Mail, a publication based in Barrow-in-Furness, that the evacuation followed a warning about a bomb on one of the Astute-class submarines.

  • Reuters3 months ago

    Evacuation of UK shipyard not linked to nuclear safety - regulator

    The evacuation of a submarine shipyard in northern England is not related to nuclear safety, Britain's Office for Nuclear Regulation said on Wednesday. Ambulances and police were on the scene in Barrow-in-Furness after a shipyard in northern England that builds Britain's new generation of nuclear submarines was evacuated. "We have been made aware of an incident at the BAE Systems site in Barrow," a spokesman said.

  • Stocks to Gain From Hypersonic Flight Technology
    Zacks3 months ago

    Stocks to Gain From Hypersonic Flight Technology

    Hypersonic speed, less flight duration and more utilization rate could make hypersonic air travel profitable for companies.