On Tuesday, Lockheed Martin Corp (NYSE: LMT) was -0.21% drop from the session before settling in for the closing price of $491.65. A 52-week range for LMT has been $413.92 – $618.95.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 4.79%. When this article was written, the company’s average yearly earnings per share was at -4.02%. With a float of $236.90 million, this company’s outstanding shares have now reached $237.03 million.
The extent of productivity of a business whose workforce counts for 122000 workers is very important to gauge. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Lockheed Martin Corp stocks. The insider ownership of Lockheed Martin Corp is 0.06%, while institutional ownership is 74.00%. 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
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
You can see what Lockheed Martin Corp (LMT) is doing with its current performance indicators. In the most recent 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 1.63. Likewise, its price to free cash flow for the trailing twelve months is 17.87.
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)
The latest stats from [Lockheed Martin Corp, LMT] show that its last 5-days average volume of 1.4 million was superior to 1.09 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 12.01%. Additionally, its Average True Range was 8.94.
During the past 100 days, Lockheed Martin Corp’s (LMT) raw stochastic average was set at 2.17%, which indicates a significant decrease from 6.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.55% in the past 14 days, which was lower than the 19.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $549.75, while its 200-day Moving Average is $509.49. Now, the first resistance to watch is $493.15. This is followed by the second major resistance level at $495.70. The third major resistance level sits at $498.39. If the price goes on to break the first support level at $487.91, it is likely to go to the next support level at $485.22. The third support level lies at $482.67 if the price breaches the second support level.
Lockheed Martin Corp (NYSE: LMT) Key Stats
There are 237,035K outstanding shares of the company, which has a market capitalization of 116.29 billion. As of now, sales total 67,571 M while income totals 6,920 M. Its latest quarter income was 17,104 M while its last quarter net income were 1,623 M.
