Northrop Grumman Corp. (NYSE: NOC) kicked off on Friday, up 0.53% from the previous trading day, before settling in for the closing price of $527.97. Over the past 52 weeks, NOC has traded in a range of $418.60-$555.57.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 5.62%. While this was happening, its average annual earnings per share was recorded 8.30%. With a float of $145.90 million, this company’s outstanding shares have now reached $150.11 million.
Considering the fact that the conglomerate employs 101000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 16.8%, operating margin of 6.83%, and the pretax margin is 6.47%.
Northrop Grumman Corp. (NOC) Insider Activity
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 0.24%, while institutional ownership is 82.81%. The most recent insider transaction that took place on Oct 07 ’24, was worth 17,675. In this transaction Director of this company sold 33 shares at a rate of $535.60, taking the stock ownership to the 4,221 shares. Before that another transaction happened on Sep 05 ’24, when Company’s Director sold 33 for $519.74, making the entire transaction worth $17,151. This insider now owns 4,239 shares in total.
Northrop Grumman Corp. (NOC) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 6.18 earnings per share (EPS), higher than consensus estimate (set at 5.81) by 0.37. Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 29.40% 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 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.90. Likewise, its price to free cash flow for the trailing twelve months is 29.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.32, a number that is poised to hit 6.08 in the next quarter and is forecasted to reach 27.74 in one year’s time.
Technical Analysis of Northrop Grumman Corp. (NOC)
Compared to the last year’s volume of 0.88 million, its volume of 0.75 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 46.27%. Additionally, its Average True Range was 7.92.
During the past 100 days, Northrop Grumman Corp.’s (NOC) raw stochastic average was set at 81.91%, which indicates a significant increase from 25.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.57% in the past 14 days, which was lower than the 16.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $521.13, while its 200-day Moving Average is $473.58. Nevertheless, the first resistance level for the watch stands at $532.61 in the near term. At $534.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $537.94. If the price goes on to break the first support level at $527.28, it is likely to go to the next support level at $523.78. Should the price break the second support level, the third support level stands at $521.95.
Northrop Grumman Corp. (NYSE: NOC) Key Stats
The company with the Market Capitalisation of 77.63 billion has total of 147,990K 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 10,218 M and last quarter income was 940,000 K.
