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The price of Lockheed Martin Corp (NYSE: LMT) closed at $496.58 in the last session, down -1.52% from day before closing price of $504.24. In other words, the price has decreased by -$1.52 from its previous closing price. On the day, 1.8 million shares were traded. LMT stock price reached its highest trading level at $501.095 during the session, while it also had its lowest trading level at $497.25.
Ratios:
We take a closer look at LMT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.09. 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.
On August 05, 2024, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $500 to $600.
BofA Securities Upgraded its Neutral to Buy on July 31, 2024, whereas the target price for the stock was revised from $465 to $635.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 01 ’24 when Hill Stephanie C. sold 3,272 shares for $542.72 per share. The transaction valued at 1,775,771 led to the insider holds 9,332 shares of the business.
STEPHANIE C HILL TODNAMED BENE bought 3,272 shares of LMT for $1,775,771 on Aug 01 ’24. On Jul 24 ’24, another insider, Cahill Timothy S, who serves as the Pres. Missiles & Fire Control of the company, sold 3,975 shares for $515.36 each. As a result, the insider received 2,048,563 and left with 8,877 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, LMT now has a Market Capitalization of 119522828288 and an Enterprise Value of 133876973568. As of this moment, Lockheed’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.97, and their Forward P/E ratio for the next fiscal year is 17.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 16.28. Its current Enterprise Value per Revenue stands at 1.878 whereas that against EBITDA is 13.092.
Stock Price History:
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 -10.77%, while the 200-Day Moving Average is calculated to be -2.35%.
Shares Statistics:
According to the various share statistics, LMT traded on average about 1.12M shares per day over the past 3-months and 1145090 shares per day over the past 10 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 74.01% stake in the company. Shares short for LMT as of 1732838400 were 2399587 with a Short Ratio of 2.13, compared to 1730332800 on 2303213. Therefore, it implies a Short% of Shares Outstanding of 2399587 and a Short% of Float of 1.2.
Dividends & Splits
The forward annual dividend rate for LMT is 12.75, which was 12.6 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.024988102The stock’s 5-year Average Dividend Yield is 2.61.
