Lockheed Martin Corp. (LMT) is expecting 0.00% growth in the next quarter: What can investors do to maximize their returns?

On Tuesday, Lockheed Martin Corp. (NYSE: LMT) opened higher 0.10% from the last session, before settling in for the closing price of $452.79. Price fluctuations for LMT have ranged from $393.77 to $508.10 over the past 52 weeks.

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During the last 5-year period, the sales growth of Industrials Sector giant was 4.79%. Company’s average yearly earnings per share was noted -6.35% at the time writing. With a float of $241.48 million, this company’s outstanding shares have now reached $241.64 million.

Let’s determine the extent of company efficiency that accounts for 122000 employees.

Lockheed Martin Corp. (LMT) Insider Activity

A key investor’s attitude towards the stock of the Aerospace & Defense industry is another important factor to consider. The insider ownership of Lockheed Martin Corp. is 0.07%, while institutional ownership is 75.60%. The most recent insider transaction that took place on Mar 06 ’24, was worth 1,941,710. In this transaction Pres. Rotary & Mission Systems of this company sold 4,499 shares at a rate of $431.59, taking the stock ownership to the 12,604 shares. Before that another transaction happened on Mar 05 ’24, when Company’s President Aeronautics sold 6,204 for $431.19, making the entire transaction worth $2,675,125. This insider now owns 0 shares in total.

Lockheed Martin Corp. (LMT) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $7.88 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $7.26) by $0.62. Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.35 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -6.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.86% during the next five years compared to 9.38% growth over the previous five years of trading.

Lockheed Martin Corp. (NYSE: LMT) Trading Performance Indicators

Check out the current performance indicators for Lockheed Martin Corp. (LMT). In the past quarter, the stock posted a quick ratio of 1.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.62. Likewise, its price to free cash flow for the trailing twelve months is 17.58.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 27.55, a number that is poised to hit 5.78 in the next quarter and is forecasted to reach 27.57 in one year’s time.

Technical Analysis of Lockheed Martin Corp. (LMT)

Looking closely at Lockheed Martin Corp. (NYSE: LMT), its last 5-days average volume was 0.94 million, which is a drop from its year-to-date volume of 1.16 million. As of the previous 9 days, the stock’s Stochastic %D was 84.56%. Additionally, its Average True Range was 4.75.

During the past 100 days, Lockheed Martin Corp.’s (LMT) raw stochastic average was set at 75.11%, which indicates a significant decrease from 84.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.46% in the past 14 days, which was lower than the 13.54% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $433.85, while its 200-day Moving Average is $442.69. However, in the short run, Lockheed Martin Corp.’s stock first resistance to watch stands at $455.10. Second resistance stands at $456.96. The third major resistance level sits at $458.23. If the price goes on to break the first support level at $451.97, it is likely to go to the next support level at $450.70. Should the price break the second support level, the third support level stands at $448.84.

Lockheed Martin Corp. (NYSE: LMT) Key Stats

There are currently 240,495K shares outstanding in the company with a market cap of 109.52 billion. Presently, the company’s annual sales total 67,571 M according to its annual income of 6,920 M. Last quarter, the company’s sales amounted to 18,874 M and its income totaled 1,866 M.