Lockheed Martin Corp. (NYSE: LMT) is 0.63% higher on its value in year-to-date trading and has touched a low of $393.77 and a high of $508.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LMT stock was last observed hovering at around $456.05 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $456.09, the stock is 1.19% and 4.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.71 million and changing 0.01% at the moment leaves the stock 3.10% off its SMA200. LMT registered -9.04% loss for a year compared to 6-month loss of 3.39%.
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The stock witnessed a 4.32% gain in the last 1 month and extending the period to 3 months gives it a -0.76%, and is 0.83% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.33% over the week and 1.21% over the month.
Lockheed Martin Corp. (LMT) has around 122000 employees, a market worth around $109.69B and $67.57B in sales. Current P/E ratio is 16.56 and Fwd P/E is 16.54. Profit margin for the company is 10.24%. Distance from 52-week low is 15.83% and -10.24% from its 52-week high. The company has generated returns on investments over the last 12 months (27.69%).
The EPS is expected to shrink by -6.35% this year
The shares outstanding are 240.50M, and float is at 240.36M with Short Float at 0.91%.
Lockheed Martin Corp. (LMT) Insider Activity
The most recent transaction is an insider sale by Hill Stephanie C., the company’s Pres. Rotary & Mission Systems. SEC filings show that Hill Stephanie C. sold 4,499 shares of the company’s common stock on Mar 06 ’24 at a price of $431.59 per share for a total of $1.94 million. Following the sale, the insider now owns 12604.0 shares.
Lockheed Martin Corp. disclosed in a document filed with the SEC on Mar 05 ’24 that Ulmer Gregory M (President Aeronautics) sold a total of 6,204 shares of the company’s common stock. The trade occurred on Mar 05 ’24 and was made at $431.19 per share for $2.68 million. Following the transaction, the insider now directly holds 0.0 shares of the LMT stock.
Still, SEC filings show that on Mar 05 ’24, Lavan Maryanne (SVP & General Counsel) disposed off 4,022 shares at an average price of $434.39 for $1.75 million. The insider now directly holds 0 shares of Lockheed Martin Corp. (LMT).
