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Lockheed Martin Corp (LMT)
NYSE:LMT
Lockheed Martin (LMT) Stock Price & Analysis
10,046 Followers
LMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$388.13 - $473.54
Previous Close$461.29
Volume951.55K
Average Volume (3M)1.17M
Market Cap
$110.68B
Enterprise Value$126.70B
Total Cash (Recent Filing)$1.44B
Total Debt (Recent Filing)$17.46B
Price to Earnings (P/E)16.9
Beta0.50
Next Earnings
Jul 23, 2024EPS Estimate
$6.41Last Dividend Ex-Date
Feb 29, 2024Dividend Yield2.65%
Share Statistics
EPS (TTM)27.34
Shares Outstanding239,938,144
10 Day Avg. Volume1,326,019
30 Day Avg. Volume1,166,898
Standard Deviation0.07
R-Squared0.15
Alpha0.00562
Financial Highlights & Ratios
Price to Book (P/B)-17.92
Price to Sales (P/S)1.64
Price to Cash Flow (P/CF)11.60
P/FCF Ratio14.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.88
Enterprise Value/Gross Profit14.94
Enterprise Value/Ebitda17.92
Forecast
1Y Price Target
$486.75Price Target Upside4.11% Upside
Rating ConsensusHold
Number of Analyst Covering12
Lockheed Martin News
Bulls Say, Bears Say
Bulls Say
Contract WinLockheed Martin secures a significant contract with the $17 billion Next Generation Interceptor program, aiming to modernize the US missile defense system and enhance national security.
Financial PerformanceLockheed Martin showcases strong financial results with revenue, segment earnings, and earnings per share all surpassing expectations, signaling robust operational performance and potential upside for investors.
Product DeliveryThe restart of F-35 TR-3 deliveries marks a positive stride for Lockheed Martin, boosting its product pipeline and enhancing investor confidence in the company's ability to meet its delivery schedules.
Bears Say
Financial PerformanceAnalysts expect free cash flow to decline each of the next few years, while shares trade at 20X our 2025E FCF/share.
Program Delays And LossesMargins below expectations, including a loss recorded on a large classified missile program, indicate profitability challenges.
Research & DevelopmentThe FY25 budget request for NGI is down from the previous year, indicating potential constraints on future revenue growth.
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Ownership Overview
0.41% Insiders
19.53% Mutual Funds
23.26% Other Institutional Investors
56.80% 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 $388.13 and its highest was $473.54 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 Jul 23, 2024 which is in 82 days.
How were Lockheed Martin Corp’s earnings last quarter?
Lockheed Martin Corp released its earnings results on Apr 23, 2024. The company reported $6.33 earnings per share for the quarter, beating the consensus estimate of $5.82 by $0.51.
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 $3.15 which represents an annual dividend yield of 2.65%. See more information on Lockheed Martin Corp dividends here
What is Lockheed Martin Corp’s EPS estimate?
Lockheed Martin Corp’s EPS estimate is $6.41.
How many shares outstanding does Lockheed Martin Corp have?
Lockheed Martin Corp has 239,938,140 shares outstanding.
What happened to Lockheed Martin Corp’s price movement after its last earnings report?
Lockheed Martin Corp reported an EPS of $6.33 in its last earnings report, beating expectations of $5.82. Following the earnings report the stock price went down -0.271%.
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 151M.
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Lockheed Martin Stock Smart Score
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
$486.75 (4.11% Upside)
$486.75 (4.11% Upside)
Blogger Sentiment
Bullish
LMT Sentiment 92%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $9.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 2.3%
Last 30 Days ▲ 2.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.50%
12-Months-Change
Fundamentals
Return on Equity
83.16%
Trailing 12-Months
Asset Growth
0.62%
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
Q1 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 Months Forecast
Average Price Target
$486.75
▲(4.11% Upside)
Technical Analysis
Best Analysts Covering LMT
1 Year
1 Year Success Rate
11/13 ratings generated profit
1 Year Average Return
+11.45%
reiterated a buy rating 3 months ago
Copying Charles Minervino's trades and holding each position for 1 Year would result in 84.62% of your transactions generating a profit, with an average return of +11.45% per trade.
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