On Tuesday, Northrop Grumman Corp. (NYSE: NOC) was -0.21% down from the session before settling in for the closing price of $451.29. A 52-week range for NOC has been $414.56 – $496.89.
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During the last 5-year period, the sales growth of Industrials Sector giant was 5.62%. When this article was written, the company’s average yearly earnings per share was at 5.94%. With a float of $147.71 million, this company’s outstanding shares have now reached $150.11 million.
Let’s determine the extent of company efficiency that accounts for 101000 employees.
Northrop Grumman Corp. (NOC) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Northrop Grumman Corp. stocks. The insider ownership of Northrop Grumman Corp. is 0.29%, while institutional ownership is 86.63%. The most recent insider transaction that took place on Feb 21 ’24, was worth 375,111. In this transaction CVP & Pres, Mission Systems of this company sold 825 shares at a rate of $454.68, taking the stock ownership to the 16,432 shares. Before that another transaction happened on Feb 21 ’24, when Company’s Corp VP & General Counsel sold 356 for $454.68, making the entire transaction worth $161,866. This insider now owns 1,668 shares in total.
Northrop Grumman Corp. (NOC) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 744.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.94% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 29.39% during the next five years compared to -6.06% drop over the previous five years of trading.
Northrop Grumman Corp. (NYSE: NOC) Trading Performance Indicators
You can see what Northrop Grumman Corp. (NOC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.70. Likewise, its price to free cash flow for the trailing twelve months is 31.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.47, a number that is poised to hit 5.78 in the next quarter and is forecasted to reach 27.59 in one year’s time.
Technical Analysis of Northrop Grumman Corp. (NOC)
Looking closely at Northrop Grumman Corp. (NYSE: NOC), its last 5-days average volume was 1.14 million, which is a jump from its year-to-date volume of 0.99 million. As of the previous 9 days, the stock’s Stochastic %D was 22.67%. Additionally, its Average True Range was 7.57.
During the past 100 days, Northrop Grumman Corp.’s (NOC) raw stochastic average was set at 40.32%, which indicates a significant increase from 11.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.85% in the past 14 days, which was lower than the 18.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $458.79, while its 200-day Moving Average is $456.18. However, in the short run, Northrop Grumman Corp.’s stock first resistance to watch stands at $454.32. Second resistance stands at $458.28. The third major resistance level sits at $460.42. If the price goes on to break the first support level at $448.22, it is likely to go to the next support level at $446.08. Should the price break the second support level, the third support level stands at $442.12.
Northrop Grumman Corp. (NYSE: NOC) Key Stats
There are 148,200K outstanding shares of the company, which has a market capitalization of 66.71 billion. As of now, sales total 39,290 M while income totals 2,056 M. Its latest quarter income was 10,638 M while its last quarter net income were -535,000 K.
