Northrop Grumman Corp. (NYSE: NOC) kicked off on Tuesday, up 0.79% from the previous trading day, before settling in for the closing price of $470.98. Over the past 52 weeks, NOC has traded in a range of $414.56-$496.89.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 5.62%. While this was happening, its average annual earnings per share was recorded 5.93%. With a float of $147.71 million, this company’s outstanding shares have now reached $150.11 million.
The extent of productivity of a business whose workforce counts for 101000 workers is very important to gauge.
Northrop Grumman Corp. (NOC) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of Northrop Grumman Corp. is 0.29%, while institutional ownership is 86.61%. 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) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 12/31/2023, the organization reported 5.5 earnings per share (EPS), higher than consensus estimate (set at 5.09) by 0.41. Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.96 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.93% 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
Take a look at Northrop Grumman Corp.’s (NOC) current performance indicators. Last quarter, stock had a quick ratio of 1.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.79. Likewise, its price to free cash flow for the trailing twelve months is 33.49.
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)
The latest stats from [Northrop Grumman Corp., NOC] show that its last 5-days average volume of 1.05 million was superior to 1.0 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 87.33%. Additionally, its Average True Range was 7.72.
During the past 100 days, Northrop Grumman Corp.’s (NOC) raw stochastic average was set at 80.60%, which indicates a significant decrease from 93.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.24% in the past 14 days, which was lower than the 18.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $460.04, while its 200-day Moving Average is $456.34. Now, the first resistance to watch is $477.49. This is followed by the second major resistance level at $480.31. The third major resistance level sits at $483.85. If the price goes on to break the first support level at $471.14, it is likely to go to the next support level at $467.60. Assuming the price breaks the second support level, the third support level stands at $464.78.
Northrop Grumman Corp. (NYSE: NOC) Key Stats
The company with the Market Capitalisation of 70.32 billion has total of 148,200K Shares Outstanding. Its annual sales at the moment are 39,290 M in contrast with the sum of 2,056 M annual income. Company’s last quarter sales were recorded 10,638 M and last quarter income was -535,000 K.
