Northrop Grumman Corp (NYSE: NOC) is -3.03% lower on its value in year-to-date trading and has touched a low of $418.60 and a high of $555.57 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 NOC stock was last observed hovering at around $470.86 in the last trading session, with the day’s loss setting it -15.8%.
Currently trading at $455.06, the stock is -5.79% and -4.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing -3.36% at the moment leaves the stock -6.07% off its SMA200. NOC registered 0.80% gain for a year compared to 6-month loss of -9.42%. The firm has a 50-day simple moving average (SMA 50) of $477.4244 and a 200-day simple moving average (SMA200) of $484.60754.
The stock witnessed a -4.30% gain in the last 1 month and extending the period to 3 months gives it a -14.73%, and is -2.46% 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 2.32% over the week and 2.30% over the month.
Northrop Grumman Corp (NOC) has around 97000 employees, a market worth around $65.87B and $41.03B in sales. Current P/E ratio is 16.02 and Fwd P/E is 15.62. Profit margin for the company is 10.17%. Distance from 52-week low is 8.71% and -18.09% from its 52-week high. The company has generated returns on investments over the last 12 months (13.13%).
with sales reaching $10.17B over the same period.The EPS is expected to grow by 7.97% this year, but quarterly earnings will post 3.12% year-over-year. Quarterly sales are estimated to grow 0.37% in year-over-year returns.
1901.0 institutions hold shares in Northrop Grumman Corp (NOC), with institutional investors hold 83.01% of the company’s shares. The shares outstanding are 144.95M, and float is at 144.44M with Short Float at 1.36%. Institutions hold 82.82% of the Float.
The top institutional shareholder in the company is STATE STREET CORP with over 14.02 million shares valued at $6.11 billion. The investor’s holdings represent 9.4178 of the NOC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 12.02 million shares valued at $5.24 billion to account for 8.0709 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.28 million shares representing 6.9048 and valued at over $4.48 billion, while CAPITAL INTERNATIONAL INVESTORS holds 5.3577 of the shares totaling 7.98 million with a market value of $3.48 billion.
Northrop Grumman Corp (NOC) Insider Activity
The most recent transaction is an insider sale by WELSH MARK A III, the company’s Director. SEC filings show that WELSH MARK A III sold 33 shares of the company’s common stock on Feb 05 ’25 at a price of $480.08 per share for a total of $15843.0. Following the sale, the insider now owns 4106.0 shares.
Northrop Grumman Corp disclosed in a document filed with the SEC on Jan 06 ’25 that WELSH MARK A III (Director) sold a total of 33 shares of the company’s common stock. The trade occurred on Jan 06 ’25 and was made at $456.74 per share for $15072.0. Following the transaction, the insider now directly holds 4139.0 shares of the NOC stock.
Still, SEC filings show that on Dec 05 ’24, WELSH MARK A III (Director) disposed off 33 shares at an average price of $481.39 for $15886.0. The insider now directly holds 4,155 shares of Northrop Grumman Corp (NOC).
