General Dynamics Corp (NYSE: GD) is -3.02% lower on its value in year-to-date trading and has touched a low of $247.01 and a high of $316.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GD stock was last observed hovering at around $258.58 in the last trading session, with the day’s loss setting it -3.05%.
Currently trading at $255.53, the stock is -2.70% and -4.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing -1.18% at the moment leaves the stock -11.34% off its SMA200. GD registered -3.76% loss for a year compared to 6-month loss of -10.46%. The firm has a 50-day simple moving average (SMA 50) of $266.9784 and a 200-day simple moving average (SMA200) of $288.3887.
The stock witnessed a -0.95% gain in the last 1 month and extending the period to 3 months gives it a -12.97%, and is -0.54% down 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 1.43% over the week and 1.85% over the month.
General Dynamics Corp (GD) has around 111600 employees, a market worth around $70.26B and $47.72B in sales. Current P/E ratio is 18.73 and Fwd P/E is 15.12. Profit margin for the company is 7.93%. Distance from 52-week low is 3.45% and -19.37% from its 52-week high. The company has generated returns on investments over the last 12 months (12.90%).
with sales reaching $11.88B over the same period.The EPS is expected to grow by 11.06% this year, but quarterly earnings will post 5.41% year-over-year. Quarterly sales are estimated to grow 10.73% in year-over-year returns.
2088.0 institutions hold shares in General Dynamics Corp (GD), with institutional investors hold 89.62% of the company’s shares. The shares outstanding are 274.97M, and float is at 273.23M with Short Float at 1.06%. Institutions hold 89.17% of the Float.
The top institutional shareholder in the company is LONGVIEW ASSET MANAGEMENT, LLC with over 28.1 million shares valued at $8.15 billion. The investor’s holdings represent 10.2735 of the GD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 22.13 million shares valued at $6.42 billion to account for 8.093 of the shares outstanding. The other top investors are NEWPORT TRUST CO which holds 15.46 million shares representing 5.6538 and valued at over $4.49 billion, while BLACKROCK INC. holds 5.4424 of the shares totaling 14.88 million with a market value of $4.32 billion.
General Dynamics Corp (GD) Insider Activity
The most recent transaction is an insider sale by Schumacher Laura J, the company’s Director. SEC filings show that Schumacher Laura J sold 1,796 shares of the company’s common stock on Jan 31 ’25 at a price of $255.68 per share for a total of $0.46 million. Following the sale, the insider now owns 11175.0 shares.
Still, SEC filings show that on Nov 22 ’24, Brady Christopher J (Vice President) disposed off 5,540 shares at an average price of $280.91 for $1.56 million. The insider now directly holds 20,296 shares of General Dynamics Corp (GD).
