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Lockheed Martin Corp (LMT)
NYSE:LMT
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LMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$393.77 - $578.73
Previous Close$567.01
Volume731.70K
Average Volume (3M)1.04M
Market Cap
$135.15B
Enterprise Value$151.89B
Total Cash (Recent Filing)$2.52B
Total Debt (Recent Filing)$19.26B
Price to Earnings (P/E)20.8
Beta0.26
Next Earnings
Oct 22, 2024EPS Estimate
$6.47Last Dividend Ex-Date
Sep 03, 2024Dividend Yield2.17%
Share Statistics
EPS (TTM)27.56
Shares Outstanding238,358,003
10 Day Avg. Volume785,009
30 Day Avg. Volume1,036,464
Standard Deviation0.07
R-Squared0.13
Alpha0.00496
Financial Highlights & Ratios
Price to Book (P/B)21.88
Price to Sales (P/S)1.92
Price to Cash Flow (P/CF)18.10
P/FCF Ratio22.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.14
Enterprise Value/Gross Profit17.91
Enterprise Value/Ebitda21.71
Forecast
1Y Price Target
$571.40Price Target Upside1.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Lockheed Martin News
Bulls Say, Bears Say
Bulls Say
AcquisitionLockheed Martin plans to acquire Terran Orbital, a high-volume satellite manufacturer, for ~$450mn, potentially boosting its capabilities in the space sector.
Contract AwardsLockheed Martin secured three significant contract awards totaling $5.1bn, aimed at enhancing F-35 sustainment and driving continued engineering advancements.
Financial PerformanceLockheed Martin delivered better-than-expected 2Q24 results with sales increasing ~9% year over year to ~$18.1 billion, surpassing market expectations.
Bears Say
BacklogLLAP removed its largest single program, a ~$2.4bn contract from Rivada Space Networks, from the company’s backlog.
MarginsMargin headwinds are expected at the end-market level, and LMT margins are anticipated to be lower in the second half.
ProfitabilityProfitability at Rotary and Mission Systems was the only segment that came in below expectations with margins of 10.9%.
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Ownership Overview
0.39% Insiders
18.85% Mutual Funds
31.88% Other Institutional Investors
48.88% 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 $393.77 and its highest was $578.73 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 Oct 22, 2024 which is in 33 days.
How were Lockheed Martin Corp’s earnings last quarter?
Lockheed Martin Corp released its earnings results on Jul 23, 2024. The company reported $7.11 earnings per share for the quarter, beating the consensus estimate of $6.458 by $0.652.
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 2.17%. See more information on Lockheed Martin Corp dividends here
What is Lockheed Martin Corp’s EPS estimate?
Lockheed Martin Corp’s EPS estimate is $6.47.
How many shares outstanding does Lockheed Martin Corp have?
Lockheed Martin Corp has 238,358,000 shares outstanding.
What happened to Lockheed Martin Corp’s price movement after its last earnings report?
Lockheed Martin Corp reported an EPS of $7.11 in its last earnings report, beating expectations of $6.458. Following the earnings report the stock price went up 5.625%.
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 155M.
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Lockheed Martin Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$571.40 (1.05% Upside)
$571.40 (1.05% Upside)
Blogger Sentiment
Bullish
LMT Sentiment 91%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 2.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.9%
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
37.33%
12-Months-Change
Fundamentals
Return on Equity
87.40%
Trailing 12-Months
Asset Growth
-3.34%
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
Q2 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 Month Forecast
Average Price Target
$571.40
▲(1.05% Upside)
Technical Analysis
Best Analysts Covering LMT
1 Year
1 Year Success Rate
12/14 ratings generated profit
1 Year Average Return
+15.65%
reiterated a buy rating 2 months ago
Copying Charles Minervino's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +15.65% per trade.
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