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General Dynamics (GD)
NYSE:GD
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GD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$214.53 - $309.97
Previous Close$303.85
Volume1.12M
Average Volume (3M)1.11M
Market Cap
$83.49B
Enterprise Value$91.35B
Total Cash (Recent Filing)$1.40B
Total Debt (Recent Filing)$9.26B
Price to Earnings (P/E)24.0
Beta0.47
Next Earnings
Oct 23, 2024EPS Estimate
$3.73Next Dividend Ex-Date
Oct 11, 2024Dividend Yield1.78%
Share Statistics
EPS (TTM)12.83
Shares Outstanding274,777,579
10 Day Avg. Volume1,143,110
30 Day Avg. Volume1,110,044
Standard Deviation0.06
R-Squared0.27
Alpha0.00380
Financial Highlights & Ratios
Price to Book (P/B)3.79
Price to Sales (P/S)1.88
Price to Cash Flow (P/CF)25.70
P/FCF Ratio30.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.03
Enterprise Value/Gross Profit13.69
Enterprise Value/Ebitda21.24
Forecast
1Y Price Target
$329.13Price Target Upside8.78% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
General Dynamics News
PremiumStock Analysis & Ideas
‘Choose Wisely’: Morgan Stanley Says Buy These Defensive, Quality Stocks
Bulls Say, Bears Say
Bulls Say
Defense Business GrowthGD's exposure to geopolitical tensions in the Pacific, Europe, and elsewhere are drivers of ramping defense business growth.
Increased Sales GuidanceBuoyed by robust Q2, GD hiked its 2024 sales guide for Combat & Marine a combined $0.8-1.0B, implying a 6% total defense sales gain in 2024 with 20bps y/y margin lift to 13.0%.
Strong Backlog And DemandCombat Systems’ 1.5x book-to-bill in 2Q is demonstrative of accelerating demand, and its $16.0bn of funded backlog represents over 1.8 years of Combat Systems revenue.
Bears Say
DeliveriesOnly eight G700 aircraft have been delivered to customers in 2Q24, which is below previous management comments of deliveries in the teens for 2Q24.
Free Cash FlowLowering Q2 FCF to $438MM down slightly y-o-y on a use of Customer Advances as G700s deliver and on a more moderate order environment.
MarginsFAA-mandated rework is affecting Lot 1 (first 20 aircraft) delivery pace, contributing to weaker-than-anticipated 2Q24 Aerospace margins of 10.9%.
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Ownership Overview
13.70% Insiders
25.63% Mutual Funds
45.53% Other Institutional Investors
15.15% 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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GD FAQ
What was General Dynamics’s price range in the past 12 months?
General Dynamics lowest stock price was $214.53 and its highest was $309.97 in the past 12 months.
What is General Dynamics’s market cap?
Currently, no data Available
When is General Dynamics’s upcoming earnings report date?
General Dynamics’s upcoming earnings report date is Oct 23, 2024 which is in 34 days.
How were General Dynamics’s earnings last quarter?
General Dynamics released its earnings results on Jul 24, 2024. The company reported $3.26 earnings per share for the quarter, missing the consensus estimate of $3.277 by -$0.017.
Is General Dynamics overvalued?
According to Wall Street analysts General Dynamics’s price is currently Undervalued.
Does General Dynamics pay dividends?
General Dynamics pays a Quarterly dividend of $1.42 which represents an annual dividend yield of 1.78%. See more information on General Dynamics dividends here
What is General Dynamics’s EPS estimate?
General Dynamics’s EPS estimate is $3.73.
How many shares outstanding does General Dynamics have?
General Dynamics has 274,777,600 shares outstanding.
What happened to General Dynamics’s price movement after its last earnings report?
General Dynamics reported an EPS of $3.26 in its last earnings report, missing expectations of $3.277. Following the earnings report the stock price went down -3.325%.
Which hedge fund is a major shareholder of General Dynamics?
Among the largest hedge funds holding General Dynamics’s share is PRIMECAP Management Co. It holds General Dynamics’s shares valued at 234M.
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General Dynamics Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$329.13 (8.78% Upside)
$329.13 (8.78% Upside)
Blogger Sentiment
Bullish
GD Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 81.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $406.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 6.0%
Last 30 Days ▲ 6.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.52%
12-Months-Change
Fundamentals
Return on Equity
17.08%
Trailing 12-Months
Asset Growth
4.29%
Trailing 12-Months
Company Description
General Dynamics
Virginia-based General Dynamics Corp. is an aerospace and defense company. The company provides the world's most technologically advanced business jets, wheeled combat vehicles, command and control systems and nuclear submarines. It operates through five business groups: Aerospace, Combat Systems, Information Technology, Mission Systems and Marine Systems.
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GD Company Deck
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GD Earnings Call
Q2 2024
0:00 / 0:00
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GD Revenue Breakdown
20.42% Nuclear-powered submarines
20.01% Information technology (IT) services
13.51% Aircraft manufacturing
11.91% Military vehicles
34.15% Other
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GD Stock 12 Month Forecast
Average Price Target
$329.13
▲(8.78% Upside)
Technical Analysis
Best Analysts Covering GD
1 Year
1 Year Success Rate
14/15 ratings generated profit
1 Year Average Return
+19.28%
assigned a buy rating 2 months ago
Copying Matthew Akers's trades and holding each position for 1 Year would result in 93.33% of your transactions generating a profit, with an average return of +19.28% per trade.
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