BAE Systems Share Price (BA.)

Its not unreasonable to expect an increase on the order books in response to recent political events, I suspect there will be more to come in all production areas.

Growth prospects just got better with BAE.
Both BA3 & ROLLS have been offered a £2bn contract to built a new Dreadnought submarine ready for 2030. A bit too late now, but is going to help their earnings credentials. 14% growth in EPS for 2022.

https://thefinancialnews247.com/companies/bae-systems-and-rolls-royce-win-2bn-uk-nuclear-deterrent-contracts/

Me too Shanny80.....It seems the 'city' was expecting immediate upside from the heightened security levels with the shares down 2.3%.
The hidden gem in today's statement is the currency upside brought about by a weaker £. It could add 2-3p EPS per share to what is already a good growth estimate of 4-6%. If the £ stays low we could see a c.10% EPS lift yoy. On that basis, if there are any dips below £7 I'd see them as good buying opportunities - a PE of 13.5 is pretty un-demanding for a business that has such good medium/long earnings visibility now that the ESG negatives have been pushed aside.

All sounds very positive as the market expected, “trading in line with expectations”. Will any profits be taken in the short term, time will tell. I’ll keep hold of mine as been buying for the last 15+ years and a great divi income play.

*took