General Dynamics Corp (NYSE: GD) on Tuesday, plunged -1.76% from the previous trading day, before settling in for the closing price of $286.00. Within the past 52 weeks, GD’s price has moved between $243.87 and $316.90.
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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. The company achieved an average annual earnings per share of 15.81%. With a float of $273.23 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
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of General Dynamics Corp is 0.63%, while institutional ownership is 89.10%. 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
According to the Wall Street analysts, stocks earnings will be around 15.81% 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
General Dynamics Corp (GD) is currently performing well based on its current performance indicators. A quick ratio of 0.80 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 1.68. Likewise, its price to free cash flow for the trailing twelve months is 33.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.13, a number that is poised to hit 4.43 in the next quarter and is forecasted to reach 16.08 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 1.58 million. That was better than the volume of 1.1 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 4.42%. Additionally, its Average True Range was 6.47.
During the past 100 days, General Dynamics Corp’s (GD) raw stochastic average was set at 10.40%, which indicates a significant increase from 3.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.08% in the past 14 days, which was higher than the 21.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $301.69, while its 200-day Moving Average is $291.19. However, in the short run, General Dynamics Corp’s stock first resistance to watch stands at $286.10. Second resistance stands at $291.25. The third major resistance level sits at $294.49. If the price goes on to break the first support level at $277.71, it is likely to go to the next support level at $274.47. The third support level lies at $269.32 if the price breaches the second support level.
General Dynamics Corp (NYSE: GD) Key Stats
Market capitalization of the company is 77.26 billion based on 274,969K outstanding shares. Right now, sales total 42,272 M and income totals 3,315 M. The company made 11,671 M in profit during its latest quarter, and 930,000 K in sales during its previous quarter.
