Lockheed Martin Corp. (NYSE: LMT) on Tuesday, plunged -1.51% from the previous trading day, before settling in for the closing price of $555.17. Within the past 52 weeks, LMT’s price has moved between $413.92 and $618.95.
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Industrials Sector giant saw their annual sales surged by 4.79% over the last five years. The company achieved an average annual earnings per share of -4.04%. With a float of $236.90 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 12.09%, operating margin of 12.12%, and the pretax margin is 11.0%.
Lockheed Martin Corp. (LMT) Insider Activity
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of Lockheed Martin Corp. is 0.06%, while institutional ownership is 74.08%. 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) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 7.88 earnings per share (EPS) for the period topping the consensus outlook (set at 7.26) by 0.62. Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.55 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.22% 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
Lockheed Martin Corp. (LMT) is currently performing well based on its current performance indicators. A quick ratio of 1.12 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.82. Likewise, its price to free cash flow for the trailing twelve months is 19.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 27.63, a number that is poised to hit 6.57 in the next quarter and is forecasted to reach 27.99 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 1.18 million was better than the volume posted last year of 1.06 million. As of the previous 9 days, the stock’s Stochastic %D was 1.21%. Additionally, its Average True Range was 10.33.
During the past 100 days, Lockheed Martin Corp.’s (LMT) raw stochastic average was set at 56.14%, which indicates a significant increase from 0.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.54% in the past 14 days, which was higher than the 18.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $579.54, while its 200-day Moving Average is $492.88. Now, the first resistance to watch is $551.33. This is followed by the second major resistance level at $555.86. The third major resistance level sits at $558.32. If the price goes on to break the first support level at $544.34, it is likely to go to the next support level at $541.88. Should the price break the second support level, the third support level stands at $537.35.
Lockheed Martin Corp. (NYSE: LMT) Key Stats
Market capitalization of the company is 129.61 billion based on 237,035K outstanding shares. Right now, sales total 67,571 M and income totals 6,920 M. The company made 17,104 M in profit during its latest quarter, and 1,623 M in sales during its previous quarter.
