General Dynamics Corp (NYSE: GD) is -7.75% lower on its value in year-to-date trading and has touched a low of $239.87 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 $246.20 in the last trading session, with the day’s loss setting it -3.14%.
Currently trading at $243.06, the stock is -4.23% and -6.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.95 million and changing -1.28% at the moment leaves the stock -15.10% off its SMA200. GD registered -9.62% loss for a year compared to 6-month loss of -17.83%.
The stock witnessed a -9.59% gain in the last 1 month and extending the period to 3 months gives it a -15.01%, and is -1.26% 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 1.94% over the week and 2.00% over the month.
General Dynamics Corp (GD) has around 117000 employees, a market worth around $65.71B and $47.72B in sales. Current P/E ratio is 17.83 and Fwd P/E is 14.50. Profit margin for the company is 7.93%. Distance from 52-week low is 1.33% and -23.30% from its 52-week high. The company has generated returns on investments over the last 12 months (12.23%).
with sales reaching $11.89B over the same period.The EPS is expected to grow by 9.24% this year, but quarterly earnings will post 5.39% year-over-year. Quarterly sales are estimated to grow 10.77% in year-over-year returns.
General Dynamics Corp (GD) Top Institutional Holders
The shares outstanding are 270.34M, and float is at 268.61M 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 10.2501% 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 5.6409% 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
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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).
