Lockheed Martin Corp (NYSE: LMT) is -4.88% lower on its value in year-to-date trading and has touched a low of $418.88 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 $443.36 in the last trading session, with the day’s gains setting it 18.88%.
Currently trading at $462.24, the stock is 2.43% and 2.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.28 million and changing 4.26% at the moment leaves the stock -9.66% off its SMA200. LMT registered 2.18% gain for a year compared to 6-month loss of -23.66%. The firm has a 50-day simple moving average (SMA 50) of $450.4656 and a 200-day simple moving average (SMA200) of $511.66776.
The stock witnessed a -1.42% gain in the last 1 month and extending the period to 3 months gives it a -0.37%, and is 2.07% 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 4.65% over the week and 3.02% over the month.
Lockheed Martin Corp (LMT) has around 121000 employees, a market worth around $108.80B and $71.04B in sales. Current P/E ratio is 20.76 and Fwd P/E is 15.53. Profit margin for the company is 7.51%. Distance from 52-week low is 10.35% and -25.32% from its 52-week high. The company has generated returns on investments over the last 12 months (19.92%).
with sales reaching $17.8B over the same period.The EPS is expected to grow by 22.22% this year, but quarterly earnings will post 4.61% year-over-year. Quarterly sales are estimated to grow 3.49% in year-over-year returns.
3044.0 institutions hold shares in Lockheed Martin Corp (LMT), with institutional investors hold 75.21% of the company’s shares. The shares outstanding are 235.39M, and float is at 235.21M with Short Float at 1.12%. Institutions hold 75.16% 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 15.0713 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 7.1173 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).
