Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Lockheed Martin Corp (LMT)
NYSE:LMT
Lockheed Martin (LMT) Stock Price & Analysis
10,103 Followers
LMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$388.13 - $473.54
Previous Close$464.08
Volume1.13M
Average Volume (3M)1.07M
Market Cap
$111.53B
Enterprise Value$127.37B
Total Cash (Recent Filing)$1.44B
Total Debt (Recent Filing)$17.46B
Price to Earnings (P/E)17.0
Beta0.49
Next Earnings
Jul 23, 2024EPS Estimate
$6.45Next Dividend Ex-Date
Jun 03, 2024Dividend Yield2.63%
Share Statistics
EPS (TTM)27.34
Shares Outstanding239,938,144
10 Day Avg. Volume712,223
30 Day Avg. Volume1,067,642
Standard Deviation0.07
R-Squared0.14
Alpha0.00507
Financial Highlights & Ratios
Price to Book (P/B)-18.15
Price to Sales (P/S)1.65
Price to Cash Flow (P/CF)11.80
P/FCF Ratio14.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.88
Enterprise Value/Gross Profit15.02
Enterprise Value/Ebitda18.01
Forecast
1Y Price Target
$486.62Price Target Upside4.69% Upside
Rating ConsensusHold
Number of Analyst Covering13
Lockheed Martin News
Bulls Say, Bears Say
Bulls Say
Contract WinLockheed Martin secures a major victory by winning the $17 billion Next Generation Interceptor program contract, promising to modernize the US missile defense system.
Financial PerformanceLockheed Martin's robust financial results, highlighted by revenue and earnings surpassing analyst expectations, signal a strong start to the fiscal year.
Shareholder ValueLockheed Martin demonstrates its commitment to shareholder value by repurchasing $1 billion of its shares, reflecting confidence in the company's financial health.
Bears Say
Cash Flow And Valuation WorriesAnalyst expects free cash flow to decline in the coming years, with shares trading at a high multiple of forecasted free cash flow.
Profitability ChallengesMargins below expectations, including a loss recorded on a large classified missile program, indicate profitability challenges.
Revenue Growth ConcernsGrowth in current core authorization is decelerating close to flat.
---
Ownership Overview
0.41% Insiders
19.53% Mutual Funds
32.08% Other Institutional Investors
47.98% 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.
---
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 67 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 2.63%. See more information on Lockheed Martin Corp dividends here
What is Lockheed Martin Corp’s EPS estimate?
Lockheed Martin Corp’s EPS estimate is $6.45.
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.
---
Lockheed Martin Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$486.62 (4.69% Upside)
$486.62 (4.69% Upside)
Blogger Sentiment
Bullish
LMT Sentiment 92%
Sector Average 69%
Sector Average 69%
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
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
6.74%
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.
---
LMT Company Deck
---
LMT Earnings Call
Q1 2024
0:00 / 0:00
---
LMT Revenue Breakdown
83.27% Products
16.73% Services
---
LMT Stock 12 Month Forecast
Average Price Target
$486.62
▲(4.69% Upside)
Technical Analysis
Best Analysts Covering LMT
1 Year
1 Year Success Rate
11/13 ratings generated profit
1 Year Average Return
+11.59%
reiterated a buy rating 4 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 +11.59% per trade.
---