A new trading day began on Tuesday, with General Dynamics Corp. (NYSE: GD) stock price down -0.71% from the previous day of trading, before settling in for the closing price of $303.92. GD’s price has ranged from $237.35 to $313.11 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 3.25% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 16.25%. With a float of $273.22 million, this company’s outstanding shares have now reached $273.60 million.
In an organization with 111600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 15.64%, operating margin of 10.12%, and the pretax margin is 9.55%.
General Dynamics Corp. (GD) Insider and Institutional Ownership
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 General Dynamics Corp. is 0.63%, while institutional ownership is 86.28%. The most recent insider transaction that took place on Sep 16 ’24, was worth 406,626. In this transaction Director of this company sold 1,320 shares at a rate of $308.05, taking the stock ownership to the 3,592 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Director proposed sale 1,320 for $308.05, making the entire transaction worth $406,626.
General Dynamics Corp. (GD) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 3.64 per share, which was $0.1 lower 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 3.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.00% during the next five years compared to 1.46% growth over the previous five years of trading.
General Dynamics Corp. (NYSE: GD) Trading Performance Indicators
Here are General Dynamics Corp.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.80. Likewise, its price to free cash flow for the trailing twelve months is 36.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.13, a number that is poised to hit 4.45 in the next quarter and is forecasted to reach 16.17 in one year’s time.
Technical Analysis of General Dynamics Corp. (GD)
Let’s dig in a bit further. During the last 5-days, its volume was 1.23 million. That was better than the volume of 1.09 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.68%. Additionally, its Average True Range was 4.67.
During the past 100 days, General Dynamics Corp.’s (GD) raw stochastic average was set at 68.72%, which indicates a significant increase from 39.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.90% in the past 14 days, which was lower than the 16.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $300.61, while its 200-day Moving Average is $288.19. However, in the short run, General Dynamics Corp.’s stock first resistance to watch stands at $304.03. Second resistance stands at $306.31. The third major resistance level sits at $307.46. If the price goes on to break the first support level at $300.60, it is likely to go to the next support level at $299.45. The third support level lies at $297.17 if the price breaches the second support level.
General Dynamics Corp. (NYSE: GD) Key Stats
With a market capitalization of 82.97 billion, the company has a total of 274,969K Shares Outstanding. Currently, annual sales are 42,272 M while annual income is 3,315 M. The company’s previous quarter sales were 11,671 M while its latest quarter income was 930,000 K.
