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General Dynamics (GD)
NYSE:GD
General Dynamics (GD) Stock Price & Analysis
4,019 Followers
GD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$197.87 - $295.05
Previous Close$284.41
Volume1.24M
Average Volume (3M)1.04M
Market Cap
$78.03B
Enterprise Value$85.39B
Total Cash (Recent Filing)$1.90B
Total Debt (Recent Filing)$9.26B
Price to Earnings (P/E)23.2
Beta0.67
Next Earnings
Jul 24, 2024EPS Estimate
$3.34Last Dividend Ex-Date
Apr 11, 2024Dividend Yield1.85%
Share Statistics
EPS (TTM)12.27
Shares Outstanding274,364,084
10 Day Avg. Volume1,384,010
30 Day Avg. Volume1,043,864
Standard Deviation0.06
R-Squared0.32
Alpha0.00458
Financial Highlights & Ratios
Price to Book (P/B)-82.75
Price to Sales (P/S)1.85
Price to Cash Flow (P/CF)16.30
P/FCF Ratio20.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.99
Enterprise Value/Gross Profit3.94
Enterprise Value/Ebitda27.35
Forecast
1Y Price Target
$310.88Price Target Upside9.31% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
General Dynamics News
Bulls Say, Bears Say
Bulls Say
Aerospace Industry GrowthThe G700 has now received type certification, with management expecting 50-52 deliveries in 2024, which de-risks the program’s skyline.
Defense Sector OutlookAs lead shipbuilder for both Naval nuclear submarine programs, General Dynamics is a key beneficiary to the DoD’s 'pivot to the Pacific' strategy.
Financial PerformanceGeneral Dynamics is well exposed to the external demand environment through its exposure to the DoD’s shift to the Indo-Pacific and rising tensions in the Middle East, as well as stronger-for-longer business aviation demand.
Bears Say
Earnings EstimateAnalysts have lowered the 2024 earnings per share estimate to $14.40 due to lower share repurchases and a soft start to the year on margins.
Financial PerformanceCash negative in Q1, on G700 delay and Combat/Marine contract timing, will be mostly made up in Q2.
Operational ChallengesThe first Columbia-class submarine is expected to be 12-16 months late, and delays of 24-36 months are anticipated for the fourth and fifth blocks of the Virginia-class submarine due to shipyard inefficiencies and labor shortages.
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Ownership Overview
13.74% Insiders
25.39% Mutual Funds
17.90% Other Institutional Investors
42.97% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GD FAQ
What was General Dynamics’s price range in the past 12 months?
General Dynamics lowest stock price was $197.87 and its highest was $295.05 in the past 12 months.
What is General Dynamics’s market cap?
Currently, no data Available
When is General Dynamics’s upcoming earnings report date?
General Dynamics’s upcoming earnings report date is Jul 24, 2024 which is in 86 days.
How were General Dynamics’s earnings last quarter?
General Dynamics released its earnings results on Apr 24, 2024. The company reported $2.88 earnings per share for the quarter, missing the consensus estimate of $2.914 by -$0.034.
Is General Dynamics overvalued?
According to Wall Street analysts General Dynamics’s price is currently Undervalued.
Does General Dynamics pay dividends?
General Dynamics pays a Quarterly dividend of $1.42 which represents an annual dividend yield of 1.85%. See more information on General Dynamics dividends here
What is General Dynamics’s EPS estimate?
General Dynamics’s EPS estimate is $3.34.
How many shares outstanding does General Dynamics have?
General Dynamics has 274,364,070 shares outstanding.
What happened to General Dynamics’s price movement after its last earnings report?
General Dynamics reported an EPS of $2.88 in its last earnings report, missing expectations of $2.914. Following the earnings report the stock price went down -3.966%.
Which hedge fund is a major shareholder of General Dynamics?
Among the largest hedge funds holding General Dynamics’s share is PRIMECAP Management Co. It holds General Dynamics’s shares valued at 219M.
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General Dynamics Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$310.88 (9.31% Upside)
$310.88 (9.31% Upside)
Blogger Sentiment
Bullish
GD Sentiment 90%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 80.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $19.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.38%
12-Months-Change
Fundamentals
Return on Equity
16.71%
Trailing 12-Months
Asset Growth
6.05%
Trailing 12-Months
Company Description
General Dynamics
Virginia-based General Dynamics Corp. is an aerospace and defense company. The company provides the world's most technologically advanced business jets, wheeled combat vehicles, command and control systems and nuclear submarines. It operates through five business groups: Aerospace, Combat Systems, Information Technology, Mission Systems and Marine Systems.
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GD Company Deck
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GD Earnings Call
Q1 2024
0:00 / 0:00
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GD Revenue Breakdown
20.42% Nuclear-powered submarines
20.01% Information technology (IT) services
13.51% Aircraft manufacturing
11.91% Military vehicles
34.15% Other
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GD Stock 12 Months Forecast
Average Price Target
$310.88
▲(9.31% Upside)
Technical Analysis
Best Analysts Covering GD
1 Year
1 Year Success Rate
23/27 ratings generated profit
1 Year Average Return
+14.39%
reiterated a buy rating 6 days ago
Copying Peter Arment's trades and holding each position for 1 Year would result in 85.19% of your transactions generating a profit, with an average return of +14.39% per trade.
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