Lockheed Martin Corp (NYSE: LMT) kicked off on Tuesday, up 0.57% from the previous trading day, before settling in for the closing price of $510.01. Over the past 52 weeks, LMT has traded in a range of $413.92-$618.95.
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Annual sales at Industrials sector company grew by 4.79% over the past five years. While this was happening, its average annual earnings per share was recorded -4.02%. With a float of $236.90 million, this company’s outstanding shares have now reached $237.03 million.
Let’s look at the performance matrix of the company that is accounted for 122000 employees. 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 and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of Lockheed Martin Corp is 0.06%, while institutional ownership is 74.02%. 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) Latest Financial update
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 -4.02% 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
Take a look at Lockheed Martin Corp’s (LMT) current performance indicators. Last quarter, stock had a quick ratio of 1.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.71. Likewise, its price to free cash flow for the trailing twelve months is 18.69.
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 27.94 in one year’s time.
Technical Analysis of Lockheed Martin Corp (LMT)
Lockheed Martin Corp (NYSE: LMT) saw its 5-day average volume 1.26 million, a positive change from its year-to-date volume of 1.08 million. As of the previous 9 days, the stock’s Stochastic %D was 14.30%. Additionally, its Average True Range was 9.22.
During the past 100 days, Lockheed Martin Corp’s (LMT) raw stochastic average was set at 27.44%, which indicates a significant increase from 12.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.56% in the past 14 days, which was lower than the 21.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $560.70, while its 200-day Moving Average is $507.85. Nevertheless, the first resistance level for the watch stands at $515.67 in the near term. At $518.39, the stock is likely to face the second major resistance level. The third major resistance level sits at $522.18. If the price goes on to break the first support level at $509.16, it is likely to go to the next support level at $505.37. The third support level lies at $502.65 if the price breaches the second support level.
Lockheed Martin Corp (NYSE: LMT) Key Stats
The company with the Market Capitalisation of 121.58 billion has total of 237,035K Shares Outstanding. Its annual sales at the moment are 67,571 M in contrast with the sum of 6,920 M annual income. Company’s last quarter sales were recorded 17,104 M and last quarter income was 1,623 M.
