Lockheed Martin Corp (NYSE: LMT) is -9.15% lower on its value in year-to-date trading and has touched a low of $419.70 and a high of $618.95 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 LMT stock was last observed hovering at around $448.46 in the last trading session, with the day’s loss setting it -6.96%.
Currently trading at $441.50, the stock is -0.73% and -5.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing -1.55% at the moment leaves the stock -13.99% off its SMA200. LMT registered 2.41% gain for a year compared to 6-month loss of -20.45%.
The stock witnessed a -12.35% gain in the last 1 month and extending the period to 3 months gives it a -18.54%, and is 1.97% 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 2.10% over the week and 2.23% over the month.
Lockheed Martin Corp (LMT) has around 121000 employees, a market worth around $103.92B and $71.04B in sales. Current P/E ratio is 19.83 and Fwd P/E is 14.82. Profit margin for the company is 7.51%. Distance from 52-week low is 5.19% and -28.67% from its 52-week high. The company has generated returns on investments over the last 12 months (19.92%).
with sales reaching $17.84B over the same period.The EPS is expected to grow by 22.33% this year, but quarterly earnings will post 4.70% year-over-year. Quarterly sales are estimated to grow 3.75% in year-over-year returns.
The shares outstanding are 235.39M, and float is at 235.25M with Short Float at 1.30%.
The top institutional shareholder in the company is STATE STREET CORP with over 36.01 million shares valued at $$16.82 billion. The investor’s holdings represent 14.9586 of the LMT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 21.43 million shares valued at $$10.01 billion to account for 8.902 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 17.0 million shares representing 7.064 and valued at over $$7.94 billion, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 2.8271 of the shares totaling 6.8 million with a market value of $$3.18 billion.
Lockheed Martin Corp (LMT) Insider Activity
Still, SEC filings show that on Feb 26 ’25, ROBERT M LIGHTFOOT JR. (Officer) Proposed Sale 3,213 shares at an average price of $442.42 for $1.42 million. The insider now directly holds shares of Lockheed Martin Corp (LMT).
