General Dynamics Corp (NYSE: GD) is -4.61% 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 $256.99 in the last trading session, with the day’s loss setting it -5.66%.
Currently trading at $251.33, the stock is -3.75% and -4.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.56 million and changing -2.20% at the moment leaves the stock -12.60% off its SMA200. GD registered -6.96% loss for a year compared to 6-month loss of -13.69%. The firm has a 50-day simple moving average (SMA 50) of $264.95 and a 200-day simple moving average (SMA200) of $287.73834.
The stock witnessed a -4.68% gain in the last 1 month and extending the period to 3 months gives it a -18.79%, and is -2.80% 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 1.78% over the month.
General Dynamics Corp (GD) has around 117000 employees, a market worth around $67.95B and $47.72B in sales. Current P/E ratio is 18.43 and Fwd P/E is 14.92. Profit margin for the company is 7.93%. Distance from 52-week low is 1.75% and -20.69% from its 52-week high. The company has generated returns on investments over the last 12 months (12.23%).
with sales reaching $11.9B over the same period.The EPS is expected to grow by 10.14% this year, but quarterly earnings will post 5.37% year-over-year. Quarterly sales are estimated to grow 10.86% in year-over-year returns.
The shares outstanding are 270.34M, and float is at 268.64M with Short Float at 1.13%.
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
General Dynamics Corp disclosed in a document filed with the SEC on Jan 31 ’25 that Schumacher Laura J (Director) sold a total of 1,796 shares of the company’s common stock. The trade occurred on Jan 31 ’25 and was made at $255.68 per share for $0.46 million. Following the transaction, the insider now directly holds 11175.0 shares of the GD stock.
Still, SEC filings show that on Jan 31 ’25, Schumacher Laura J (Director) Proposed Sale 1,796 shares at an average price of $255.68 for $0.46 million. The insider now directly holds shares of General Dynamics Corp (GD).
