Lockheed Martin Corp (NYSE: LMT) is -3.17% 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 $469.28 in the last trading session, with the day’s gains setting it 1.27%.
Currently trading at $470.55, the stock is 2.84% and 1.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing 0.27% at the moment leaves the stock -8.29% off its SMA200. LMT registered 7.97% gain for a year compared to 6-month loss of -17.87%. The firm has a 50-day simple moving average (SMA 50) of $461.9184 and a 200-day simple moving average (SMA200) of $513.0979.
The stock witnessed a 9.80% gain in the last 1 month and extending the period to 3 months gives it a -4.87%, and is 1.96% 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 1.74% over the week and 2.30% over the month.
Lockheed Martin Corp (LMT) has around 121000 employees, a market worth around $110.76B and $71.04B in sales. Current P/E ratio is 21.13 and Fwd P/E is 15.79. Profit margin for the company is 7.51%. Distance from 52-week low is 12.12% and -23.98% from its 52-week high. The company has generated returns on investments over the last 12 months (19.92%).
with sales reaching $17.83B over the same period.The EPS is expected to grow by 22.27% this year, but quarterly earnings will post 4.70% year-over-year. Quarterly sales are estimated to grow 3.67% in year-over-year returns.
3071.0 institutions hold shares in Lockheed Martin Corp (LMT), with institutional investors hold 74.99% of the company’s shares. The shares outstanding are 235.39M, and float is at 235.21M with Short Float at 1.45%. Institutions hold 74.93% of the Float.
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
The most recent transaction is an insider sale by Paul Harry Edward III, the company’s Vice President & Controller. SEC filings show that Paul Harry Edward III sold 707 shares of the company’s common stock on Feb 26 ’25 at a price of $442.61 per share for a total of $0.31 million. Following the sale, the insider now owns 2278.0 shares.
Lockheed Martin Corp disclosed in a document filed with the SEC on Feb 26 ’25 that Lightfoot Robert M JR (President Space) sold a total of 3,213 shares of the company’s common stock. The trade occurred on Feb 26 ’25 and was made at $442.42 per share for $1.42 million. Following the transaction, the insider now directly holds 2000.0 shares of the LMT stock.
Still, SEC filings show that on Feb 26 ’25, Hill Stephanie C. (Pres. Rotary & Mission Systems) disposed off 4,791 shares at an average price of $442.51 for $2.12 million. The insider now directly holds 9,332 shares of Lockheed Martin Corp (LMT).
