On Monday, Lockheed Martin Corp (NYSE: LMT) opened lower -3.75% from the last session, before settling in for the closing price of $542.22. Price fluctuations for LMT have ranged from $413.92 to $618.95 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 4.79% annually for the last half of the decade. Company’s average yearly earnings per share was noted -4.03% at the time writing. With a float of $236.90 million, this company’s outstanding shares have now reached $240.00 million.
In an organization with 122000 employees, it is important to assess its efficiency. 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 Updates
A key investor’s attitude towards the stock of the Aerospace & Defense industry is another important factor to consider. The insider ownership of Lockheed Martin Corp is 0.06%, while institutional ownership is 74.01%. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 7.9 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 7.25) by 0.65. Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.03% 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
Check out the current performance indicators for Lockheed Martin Corp (LMT). In the past quarter, the stock posted a quick ratio of 1.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.74. Likewise, its price to free cash flow for the trailing twelve months is 19.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 27.63, a number that is poised to hit 6.58 in the next quarter and is forecasted to reach 27.95 in one year’s time.
Technical Analysis of Lockheed Martin Corp (LMT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.64 million. That was better than the volume of 1.08 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 23.35%. Additionally, its Average True Range was 11.72.
During the past 100 days, Lockheed Martin Corp’s (LMT) raw stochastic average was set at 40.40%, which indicates a significant increase from 11.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.05% in the past 14 days, which was higher than the 21.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $572.02, while its 200-day Moving Average is $503.23. However, in the short run, Lockheed Martin Corp’s stock first resistance to watch stands at $532.40. Second resistance stands at $542.91. The third major resistance level sits at $551.66. If the price goes on to break the first support level at $513.14, it is likely to go to the next support level at $504.39. Assuming the price breaks the second support level, the third support level stands at $493.88.
Lockheed Martin Corp (NYSE: LMT) Key Stats
There are currently 237,035K shares outstanding in the company with a market cap of 123.75 billion. Presently, the company’s annual sales total 67,571 M according to its annual income of 6,920 M. Last quarter, the company’s sales amounted to 17,104 M and its income totaled 1,623 M.
