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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$418.60 - $555.57
Previous Close$496.41
Volume507.54K
Average Volume (3M)646.82K
Market Cap
$72.32B
Enterprise Value$85.51B
Total Cash (Recent Filing)$3.33B
Total Debt (Recent Filing)$16.51B
Price to Earnings (P/E)30.7
Beta0.18
Next Earnings
Jan 23, 2025EPS Estimate
$6.34Next Dividend Ex-Date
Dec 02, 2024Dividend Yield1.6%
Share Statistics
EPS (TTM)16.15
Shares Outstanding145,695,342
10 Day Avg. Volume794,656
30 Day Avg. Volume646,820
Standard Deviation0.07
R-Squared0.08
Alpha0.00543
Financial Highlights & Ratios
Price to Book (P/B)4.86
Price to Sales (P/S)1.75
Price to Cash Flow (P/CF)16.40
P/FCF Ratio20.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.19
Enterprise Value/Gross Profit13.05
Enterprise Value/Ebitda-37.21
Forecast
1Y Price Target
$577.56Price Target Upside16.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Northrop Grumman News
Bulls Say, Bears Say
Bulls Say
Contract WinsThe US Missile Defense Agency announced that Northrop Grumman was selected to continue development of the Glide Phase Interceptor, enhancing its missile defense portfolio.
Financial PerformanceNorthrop Grumman Corp expects overall margin expansion and free cash flow growth of over 20%, supported by a $300 million reduction in capital expenditures.
Strategic AlignmentNOC is particularly well-aligned to the highest Department of Defense priorities, such as nuclear modernization, and continued investment in autonomy is viewed favorably.
Bears Say
Financial PerformanceOperating cash flow was reported below consensus by 18.7%.
Sales PerformanceSpace Systems faced a significant sales drag from fading contracts, which is expected to continue affecting sales negatively in the near future.
Supply Chain IssuesNOC noted it is still seeing broad based supply chain challenges, including microelectronics and solid rocket motors as it ramps to meet demand.
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Ownership Overview
0.22% Insiders
29.09% Mutual Funds
16.74% Other Institutional Investors
35.04% 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 $418.60 and its highest was $555.57 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 Jan 23, 2025 which is in 61 days.
How were Northrop Grumman’s earnings last quarter?
Northrop Grumman released its earnings results on Oct 24, 2024. The company reported $7 earnings per share for the quarter, beating the consensus estimate of $6.083 by $0.917.
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 1.6%. See more information on Northrop Grumman dividends here
What is Northrop Grumman’s EPS estimate?
Northrop Grumman’s EPS estimate is $6.34.
How many shares outstanding does Northrop Grumman have?
Northrop Grumman has 145,695,340 shares outstanding.
What happened to Northrop Grumman’s price movement after its last earnings report?
Northrop Grumman reported an EPS of $7 in its last earnings report, beating expectations of $6.083. Following the earnings report the stock price went up 1.41%.
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 196M.
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Northrop Grumman Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$577.56 (16.24% Upside)
$577.56 (16.24% Upside)
Blogger Sentiment
Bullish
NOC Sentiment 90%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 594.0 Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.5%
Last 30 Days ▲ 5.6%
Last 30 Days ▲ 5.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.12%
12-Months-Change
Fundamentals
Return on Equity
15.48%
Trailing 12-Months
Asset Growth
7.56%
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
Q3 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
$577.56
▲(16.24% Upside)
Technical Analysis
Best Analysts Covering NOC
1 Year
1 Year Success Rate
15/18 ratings generated profit
1 Year Average Return
+20.52%
assigned a sell rating 10 months ago
Copying Myles Walton's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +20.52% per trade.
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