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Lockheed Martin Corp (LMT)
NYSE:LMT
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LMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$413.92 - $614.62
Previous Close$611.81
Volume864.09K
Average Volume (3M)1.02M
Market Cap
$145.83B
Enterprise Value$162.56B
Total Cash (Recent Filing)$2.52B
Total Debt (Recent Filing)$19.26B
Price to Earnings (P/E)22.2
Beta0.17
Next Earnings
Oct 22, 2024EPS Estimate
$6.5Next Dividend Ex-Date
Dec 02, 2024Dividend Yield2.06%
Share Statistics
EPS (TTM)27.56
Shares Outstanding238,358,003
10 Day Avg. Volume703,889
30 Day Avg. Volume1,021,777
Standard Deviation0.07
R-Squared0.13
Alpha0.00525
Financial Highlights & Ratios
Price to Book (P/B)23.61
Price to Sales (P/S)2.05
Price to Cash Flow (P/CF)19.40
P/FCF Ratio24.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.29
Enterprise Value/Gross Profit19.17
Enterprise Value/Ebitda23.23
Forecast
1Y Price Target
$616.20Price Target Upside0.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Lockheed Martin News
Bulls Say, Bears Say
Bulls Say
Acquisition And Satellite ManufacturingLockheed Martin plans to acquire Terran Orbital, which specializes in high-volume satellite manufacturing, enhancing its capabilities in the Space Development Agency's Tracking and Transport Layer programs.
Contract Awards And Engineering AdvancementsLockheed Martin secured three significant contract awards totaling $5.1bn, aimed at enhancing F-35 sustainment and driving continued engineering advancements.
Financial Performance And Market DemandLockheed Martin delivered better-than-expected 2Q24 results, led by Aerospace and Missiles and Fire Control segments, with sales exceeding expectations and strong global demand across business segments.
Bears Say
Contract RemovalLLAP removed its largest single program, a ~$2.4bn contract from Rivada Space Networks, from the company’s backlog.
Defense Industry OutlookThe DoD authorization growth rate continues to decelerate, which is a leading indicator for defense stocks.
Profitability ConcernsProfitability at Rotary and Mission Systems was the only segment that came in below expectations with margins of 10.9%.
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Ownership Overview
0.04% Insiders
17.61% Mutual Funds
1.38% Other Institutional Investors
60.52% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LMT FAQ
What was Lockheed Martin Corp’s price range in the past 12 months?
Lockheed Martin Corp lowest stock price was $413.92 and its highest was $614.62 in the past 12 months.
What is Lockheed Martin Corp’s market cap?
Currently, no data Available
When is Lockheed Martin Corp’s upcoming earnings report date?
Lockheed Martin Corp’s upcoming earnings report date is Oct 22, 2024 which is today.
How were Lockheed Martin Corp’s earnings last quarter?
Lockheed Martin Corp released its earnings results on Jul 23, 2024. The company reported $7.11 earnings per share for the quarter, beating the consensus estimate of $6.458 by $0.652.
Is Lockheed Martin Corp overvalued?
According to Wall Street analysts Lockheed Martin Corp’s price is currently Undervalued.
Does Lockheed Martin Corp pay dividends?
Lockheed Martin Corp pays a Quarterly dividend of $3.3 which represents an annual dividend yield of 2.06%. See more information on Lockheed Martin Corp dividends here
What is Lockheed Martin Corp’s EPS estimate?
Lockheed Martin Corp’s EPS estimate is $6.5.
How many shares outstanding does Lockheed Martin Corp have?
Lockheed Martin Corp has 238,358,000 shares outstanding.
What happened to Lockheed Martin Corp’s price movement after its last earnings report?
Lockheed Martin Corp reported an EPS of $7.11 in its last earnings report, beating expectations of $6.458. Following the earnings report the stock price went up 5.625%.
Which hedge fund is a major shareholder of Lockheed Martin Corp?
Among the largest hedge funds holding Lockheed Martin Corp’s share is Yacktman Asset Management LP. It holds Lockheed Martin Corp’s shares valued at 155M.
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Lockheed Martin Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$616.20 (0.72% Upside)
$616.20 (0.72% Upside)
Blogger Sentiment
Bullish
LMT Sentiment 92%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 2.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 2.9%
Last 30 Days ▲ 2.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.86%
12-Months-Change
Fundamentals
Return on Equity
87.40%
Trailing 12-Months
Asset Growth
-3.34%
Trailing 12-Months
Company Description
Lockheed Martin Corp
Headquartered in Bethesda, Maryland, Lockheed Martin Corp. is a global security and aerospace company and is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The majority of Lockheed Martin's business is with the U.S. Department of Defense and U.S. federal government agencies. Lockheed Martin's business is also comprised of international government and commercial sales of products, services and platforms. The company's operating units are divided into four categories including, Aeronautics, Missiles and Fire Control, Rotary and Mission Systems and Space Systems.
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LMT Company Deck
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LMT Earnings Call
Q2 2024
0:00 / 0:00
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LMT Revenue Breakdown
83.27% Products
16.73% Services
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LMT Stock 12 Month Forecast
Average Price Target
$616.20
▲(0.72% Upside)
Technical Analysis
Best Analysts Covering LMT
1 Year
1 Year Success Rate
13/15 ratings generated profit
1 Year Average Return
+16.34%
reiterated a buy rating 6 days ago
Copying Charles Minervino's trades and holding each position for 1 Year would result in 86.67% of your transactions generating a profit, with an average return of +16.34% per trade.
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