Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Lockheed Martin Corp (NYSE: LMT) closed at $466.00 down -3.28% from its previous closing price of $481.82. In other words, the price has decreased by -$3.28 from its previous closing price. On the day, 1.7 million shares were traded. LMT stock price reached its highest trading level at $480.0 during the session, while it also had its lowest trading level at $465.9109.
Ratios:
For a deeper understanding of Lockheed Martin Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.96. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 2.68 whereas as Long-Term Debt/Eq ratio is at 2.66.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Deutsche Bank on January 02, 2025, Downgraded its rating to Hold and sets its target price to $523 from $611 previously.
On September 03, 2024, Melius Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $704.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on August 05, 2024, whereas the target price for the stock was revised from $500 to $600.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 20 ’24 when JEH C. JOHNSON bought 3,144 shares for $485.91 per share.
Hill Stephanie C. sold 3,272 shares of LMT for $1,775,771 on Aug 01 ’24. The Pres. Rotary & Mission Systems now owns 9,332 shares after completing the transaction at $542.72 per share. On Aug 01 ’24, another insider, STEPHANIE C HILL TODNAMED BENE, who serves as the Officer of the company, bought 3,272 shares for $542.72 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LMT now has a Market Capitalization of 114208210944 and an Enterprise Value of 126628438016. As of this moment, Lockheed’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.87, and their Forward P/E ratio for the next fiscal year is 16.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 15.27. Its current Enterprise Value per Revenue stands at 1.776 whereas that against EBITDA is 12.383.
Stock Price History:
The Beta on a monthly basis for LMT is 0.49, which has changed by 0.055951238 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, LMT has reached a high of $618.95, while it has fallen to a 52-week low of $413.92. The 50-Day Moving Average of the stock is -10.61%, while the 200-Day Moving Average is calculated to be -9.06%.
Shares Statistics:
For the past three months, LMT has traded an average of 1.16M shares per day and 1152680 over the past ten days. A total of 237.03M shares are outstanding, with a floating share count of 236.90M. Insiders hold about 0.06% of the company’s shares, while institutions hold 74.03% stake in the company. Shares short for LMT as of 1734048000 were 2825916 with a Short Ratio of 2.44, compared to 1731628800 on 2650679. Therefore, it implies a Short% of Shares Outstanding of 2825916 and a Short% of Float of 1.4099999.
Dividends & Splits
According to the company, the forward annual dividend rate for LMT is 12.75, from 12.6 in the trailing year. Against a Trailing Annual Dividend Yield of 0.026150845The stock’s 5-year Average Dividend Yield is 2.62. The current Payout Ratio is 44.11% for LMT, which recently paid a dividend on 2024-09-03 with an ex-dividend date of 1733097600. Stock splits for the company last occurred on 1999-01-04 when the company split stock in a 2:1 ratio.
