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Northrop Grumman (NOC)
NYSE:NOC
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NOC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$414.56 - $528.76
Previous Close$519.78
Volume292.83K
Average Volume (3M)767.19K
Market Cap
$76.02B
Enterprise Value$89.32B
Total Cash (Recent Filing)$3.27B
Total Debt (Recent Filing)$16.58B
Price to Earnings (P/E)33.9
Beta0.24
Next Earnings
Oct 24, 2024EPS Estimate
$6.07Last Dividend Ex-Date
Sep 03, 2024Dividend Yield1.48%
Share Statistics
EPS (TTM)15.32
Shares Outstanding146,245,264
10 Day Avg. Volume563,665
30 Day Avg. Volume767,189
Standard Deviation0.07
R-Squared0.07
Alpha0.00514
Financial Highlights & Ratios
Price to Book (P/B)5.26
Price to Sales (P/S)1.86
Price to Cash Flow (P/CF)13.30
P/FCF Ratio15.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.41
Enterprise Value/Gross Profit13.63
Enterprise Value/Ebitda12.18
Forecast
1Y Price Target
$537.36Price Target Upside3.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Northrop Grumman News
Bulls Say, Bears Say
Bulls Say
EarningsNOC reported solid 2Q24 results, beating top line, EPS, and FCF expectations.
GrowthNorthrop Grumman is expected to be one of the fastest growing among the defense prime contractors due to exposure to high-growth end markets like space and incumbency on multiple critical Programs of Record.
Shareholder ValueStrong free cash flow is largely returned to shareholders through buybacks and dividends, making Northrop Grumman an attractive long-term defense name.
Bears Say
Margin PerformanceSentinel program will be slightly dilutive or neutral to NOC's overall margins in 2024-26.
ProfitabilityProfitability of these incremental airplanes remains uncertain.
ValuationNOC still trades at 23X estimated free cash flow per share, making it the most expensive stock among mid-to-large cap defense companies.
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Ownership Overview
2.86% Insiders
32.61% Mutual Funds
35.72% Other Institutional Investors
28.80% 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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NOC FAQ
What was Northrop Grumman’s price range in the past 12 months?
Northrop Grumman lowest stock price was $414.56 and its highest was $528.76 in the past 12 months.
What is Northrop Grumman’s market cap?
Currently, no data Available
When is Northrop Grumman’s upcoming earnings report date?
Northrop Grumman’s upcoming earnings report date is Oct 24, 2024 which is in 38 days.
How were Northrop Grumman’s earnings last quarter?
Northrop Grumman released its earnings results on Jul 25, 2024. The company reported $6.36 earnings per share for the quarter, beating the consensus estimate of $5.927 by $0.433.
Is Northrop Grumman overvalued?
According to Wall Street analysts Northrop Grumman’s price is currently Undervalued.
Does Northrop Grumman pay dividends?
Northrop Grumman pays a Quarterly dividend of $2.06 which represents an annual dividend yield of 1.48%. See more information on Northrop Grumman dividends here
What is Northrop Grumman’s EPS estimate?
Northrop Grumman’s EPS estimate is $6.07.
How many shares outstanding does Northrop Grumman have?
Northrop Grumman has 146,245,270 shares outstanding.
What happened to Northrop Grumman’s price movement after its last earnings report?
Northrop Grumman reported an EPS of $6.36 in its last earnings report, beating expectations of $5.927. Following the earnings report the stock price went up 6.435%.
Which hedge fund is a major shareholder of Northrop Grumman?
Among the largest hedge funds holding Northrop Grumman’s share is Yacktman Asset Management LP. It holds Northrop Grumman’s shares valued at 164M.
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Northrop Grumman Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$537.36 (3.38% Upside)
$537.36 (3.38% Upside)
Blogger Sentiment
Bullish
NOC Sentiment 90%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 282.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.94%
12-Months-Change
Fundamentals
Return on Equity
15.35%
Trailing 12-Months
Asset Growth
4.52%
Trailing 12-Months
Company Description
Northrop Grumman
Virginia-based Northrop Grumman Corp. is a global aerospace and defense technology company. It operates through the following business segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems.
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NOC Company Deck
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NOC Earnings Call
Q2 2024
0:00 / 0:00
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NOC Sales Breakdown
78.64% Product
21.36% Service
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NOC Stock 12 Month Forecast
Average Price Target
$537.36
▲(3.38% Upside)
Technical Analysis
Best Analysts Covering NOC
1 Year
1 Year Success Rate
15/17 ratings generated profit
1 Year Average Return
+12.54%
reiterated a buy rating 2 months ago
Copying Ronald Epstein's trades and holding each position for 1 Year would result in 88.24% of your transactions generating a profit, with an average return of +12.54% per trade.
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