Northrop Grumman Corp. (NYSE: NOC) is 5.39% higher on its value in year-to-date trading and has touched a low of $414.56 and a high of $496.89 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 NOC stock was last observed hovering at around $484.32 in the last trading session, with the day’s gains setting it 9.04%.
Currently trading at $493.36, the stock is 10.58% and 11.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing 1.87% at the moment leaves the stock 7.07% off its SMA200. NOC registered 10.09% gain for a year compared to 6-month loss of 10.43%.
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The stock witnessed a 12.80% gain in the last 1 month and extending the period to 3 months gives it a 1.44%, and is 4.84% 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 2.16% over the week and 1.69% over the month.
Northrop Grumman Corp. (NOC) has around 101000 employees, a market worth around $72.15B and $40.76B in sales. Current P/E ratio is 32.20 and Fwd P/E is 17.82. Profit margin for the company is 5.61%. Distance from 52-week low is 19.01% and -0.71% from its 52-week high. The company has generated returns on investments over the last 12 months (7.40%).
The EPS is expected to grow by 7.88% this year
The shares outstanding are 150.11M, and float is at 145.84M with Short Float at 0.86%.
Northrop Grumman Corp. (NOC) Insider Activity
Northrop Grumman Corp. disclosed in a document filed with the SEC on Jul 26 ’24 that Jones Thomas H (CVP & Pres Aeronautics Systems) sold a total of 1,389 shares of the company’s common stock. The trade occurred on Jul 26 ’24 and was made at $477.56 per share for $0.66 million. Following the transaction, the insider now directly holds 6755.0 shares of the NOC stock.
Still, SEC filings show that on Jul 25 ’24, Jones Thomas H (CVP & Pres Aeronautics Systems) disposed off 1,389 shares at an average price of $460.93 for $0.64 million. The insider now directly holds 8,144 shares of Northrop Grumman Corp. (NOC).
