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In the latest session, Northrop Grumman Corp. (NYSE: NOC) closed at $432.02 up 1.36% from its previous closing price of $426.24. In other words, the price has increased by $1.36 from its previous closing price. On the day, 0.74 million shares were traded. NOC stock price reached its highest trading level at $433.2 during the session, while it also had its lowest trading level at $424.66.
Ratios:
For a deeper understanding of Northrop Grumman 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 20.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.95. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 1.28 whereas as Long-Term Debt/Eq ratio is at 1.17.
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 this company, BTIG Research on June 26, 2024, initiated with a Buy rating and assigned the stock a target price of $565.
On June 21, 2024, Bernstein Downgraded its rating to Mkt Perform which previously was Outperform but kept the price unchanged to $477.
Alembic Global Advisors Upgraded its Neutral to Overweight on April 22, 2024, while the target price for the stock was maintained at $532.
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 May 20 ’24 when ROEDER ROSHAN S sold 910 shares for $471.90 per share. The transaction valued at 429,429 led to the insider holds 666 shares of the business.
Caylor Mark A sold 825 shares of NOC for $375,111 on Feb 21 ’24. The CVP & Pres, Mission Systems now owns 16,432 shares after completing the transaction at $454.68 per share. On Feb 21 ’24, another insider, Simpson Kathryn G, who serves as the Corp VP & General Counsel of the company, sold 356 shares for $454.68 each. As a result, the insider received 161,866 and left with 1,668 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NOC now has a Market Capitalization of 63999442944 and an Enterprise Value of 79027625984. As of this moment, Northrop’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.22, and their Forward P/E ratio for the next fiscal year is 15.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.59 while its Price-to-Book (P/B) ratio in mrq is 4.50. Its current Enterprise Value per Revenue stands at 1.97 whereas that against EBITDA is 19.07.
Stock Price History:
The Beta on a monthly basis for NOC is 0.32, which has changed by -0.041319013 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, NOC has reached a high of $496.89, while it has fallen to a 52-week low of $414.56. The 50-Day Moving Average of the stock is -4.20%, while the 200-Day Moving Average is calculated to be -6.09%.
Shares Statistics:
For the past three months, NOC has traded an average of 972.76K shares per day and 716560 over the past ten days. A total of 150.11M shares are outstanding, with a floating share count of 147.57M. Insiders hold about 0.28% of the company’s shares, while institutions hold 83.64% stake in the company. Shares short for NOC as of 1718323200 were 2288214 with a Short Ratio of 1.72, compared to 1715731200 on 1666463. Therefore, it implies a Short% of Shares Outstanding of 2288214 and a Short% of Float of 1.55.
Dividends & Splits
According to the company, the forward annual dividend rate for NOC is 7.67, from 7.48 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0175488The stock’s 5-year Average Dividend Yield is 1.58. The current Payout Ratio is 54.26% for NOC, which recently paid a dividend on 2024-05-24 with an ex-dividend date of 1716508800. Stock splits for the company last occurred on 2011-03-31 when the company split stock in a 10000:9035 ratio.
