Lockheed Martin Corp. (NYSE: LMT) kicked off on Tuesday, down -0.76% from the previous trading day, before settling in for the closing price of $576.57. Over the past 52 weeks, LMT has traded in a range of $393.77-$578.73.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 4.79%. While this was happening, its average annual earnings per share was recorded -4.55%. With a float of $238.22 million, this company’s outstanding shares have now reached $240.00 million.
The extent of productivity of a business whose workforce counts for 122000 workers is very important to gauge. In terms of profitability, gross margin is 12.03%, operating margin of 12.02%, and the pretax margin is 11.09%.
Lockheed Martin Corp. (LMT) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of Lockheed Martin Corp. is 0.06%, while institutional ownership is 74.18%. The most recent insider transaction that took place on Aug 01 ’24, was worth 1,775,771. In this transaction Pres. Rotary & Mission Systems of this company sold 3,272 shares at a rate of $542.72, taking the stock ownership to the 9,332 shares. Before that another transaction happened on Aug 01 ’24, when Company’s Officer proposed sale 3,272 for $542.72, making the entire transaction worth $1,775,771.
Lockheed Martin Corp. (LMT) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 6.73 earnings per share (EPS), higher than consensus estimate (set at 6.67) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.77 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.10% 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
Take a look at Lockheed Martin Corp.’s (LMT) current performance indicators. Last quarter, stock had a quick ratio of 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.92. Likewise, its price to free cash flow for the trailing twelve months is 19.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 27.56, a number that is poised to hit 6.47 in the next quarter and is forecasted to reach 28.53 in one year’s time.
Technical Analysis of Lockheed Martin Corp. (LMT)
The latest stats from [Lockheed Martin Corp., LMT] show that its last 5-days average volume of 0.87 million was inferior to 1.07 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 65.99%. Additionally, its Average True Range was 8.25.
During the past 100 days, Lockheed Martin Corp.’s (LMT) raw stochastic average was set at 94.85%, which indicates a significant increase from 74.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.06% in the past 14 days, which was lower than the 14.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $526.65, while its 200-day Moving Average is $469.20. Now, the first resistance to watch is $576.55. This is followed by the second major resistance level at $580.92. The third major resistance level sits at $583.99. If the price goes on to break the first support level at $569.12, it is likely to go to the next support level at $566.05. The third support level lies at $561.69 if the price breaches the second support level.
Lockheed Martin Corp. (NYSE: LMT) Key Stats
The company with the Market Capitalisation of 136.39 billion has total of 239,938K Shares Outstanding. Its annual sales at the moment are 67,571 M in contrast with the sum of 6,920 M annual income. Company’s last quarter sales were recorded 18,122 M and last quarter income was 1,641 M.
