A new trading day began on Friday, with Lockheed Martin Corp. (NYSE: LMT) stock price up 0.36% from the previous day of trading, before settling in for the closing price of $609.62. LMT’s price has ranged from $413.92 to $614.62 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 4.79% over the last five years. Meanwhile, its annual earnings per share averaged -4.64%. With a float of $238.22 million, this company’s outstanding shares have now reached $240.00 million.
The firm has a total of 122000 workers. Let’s measure their productivity. 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Aerospace & Defense Industry. The insider ownership of Lockheed Martin Corp. is 0.06%, while institutional ownership is 73.70%. 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) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 6.73 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.73 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.04% 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
Here are Lockheed Martin Corp.’s current performance indicators. According to the last quarter’s results, the 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 2.05. Likewise, its price to free cash flow for the trailing twelve months is 20.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 27.56, a number that is poised to hit 6.50 in the next quarter and is forecasted to reach 28.41 in one year’s time.
Technical Analysis of Lockheed Martin Corp. (LMT)
Analysing the last 5-days average volume posted by the [Lockheed Martin Corp., LMT], we can find that recorded value of 0.69 million was lower than the volume posted last year of 1.05 million. As of the previous 9 days, the stock’s Stochastic %D was 82.61%. Additionally, its Average True Range was 8.54.
During the past 100 days, Lockheed Martin Corp.’s (LMT) raw stochastic average was set at 98.27%, which indicates a significant increase from 91.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.47% in the past 14 days, which was higher than the 15.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $577.91, while its 200-day Moving Average is $488.93. Now, the first resistance to watch is $613.96. This is followed by the second major resistance level at $616.10. The third major resistance level sits at $618.84. If the price goes on to break the first support level at $609.08, it is likely to go to the next support level at $606.34. Now, if the price goes above the second support level, the third support stands at $604.20.
Lockheed Martin Corp. (NYSE: LMT) Key Stats
With a market capitalization of 145.83 billion, the company has a total of 239,938K Shares Outstanding. Currently, annual sales are 67,571 M while annual income is 6,920 M. The company’s previous quarter sales were 18,122 M while its latest quarter income was 1,641 M.
