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Lockheed Martin Corp. (NYSE: LMT) closed the day trading at $460.38 down -0.14% from the previous closing price of $461.01. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 1.13 million shares were traded. LMT stock price reached its highest trading level at $465.77 during the session, while it also had its lowest trading level at $456.11.
Ratios:
For a better understanding of LMT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.77. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 2.92 whereas as Long-Term Debt/Eq ratio is at 2.89.
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, JP Morgan on April 15, 2024, Upgraded its rating to Overweight and sets its target price to $518 from $475 previously.
On October 11, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $470.
Jefferies reiterated its Hold rating for the stock on October 04, 2023, while the target price for the stock was revised from $505 to $455.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 06 ’24 when Hill Stephanie C. sold 4,499 shares for $431.59 per share. The transaction valued at 1,941,710 led to the insider holds 12,604 shares of the business.
Ulmer Gregory M sold 6,204 shares of LMT for $2,675,125 on Mar 05 ’24. The President Aeronautics now owns 0 shares after completing the transaction at $431.19 per share. On Mar 05 ’24, another insider, Lavan Maryanne, who serves as the SVP & General Counsel of the company, sold 4,022 shares for $434.39 each. As a result, the insider received 1,747,313 and left with 0 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 109541900288 and an Enterprise Value of 127090720768. As of this moment, Lockheed’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.84, and their Forward P/E ratio for the next fiscal year is 16.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.48. 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 16.61. Its current Enterprise Value per Revenue stands at 1.825 whereas that against EBITDA is 12.516.
Stock Price History:
The Beta on a monthly basis for LMT is 0.45, which has changed by -0.008464158 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, LMT has reached a high of $479.50, while it has fallen to a 52-week low of $393.77. The 50-Day Moving Average of the stock is -1.00%, while the 200-Day Moving Average is calculated to be 2.91%.
Shares Statistics:
Over the past 3-months, LMT traded about 980.05K shares per day on average, while over the past 10 days, LMT traded about 912690 shares per day. A total of 240.00M shares are outstanding, with a floating share count of 239.80M. Insiders hold about 0.06% of the company’s shares, while institutions hold 74.25% stake in the company. Shares short for LMT as of 1718323200 were 2153146 with a Short Ratio of 2.20, compared to 1715731200 on 1850962. Therefore, it implies a Short% of Shares Outstanding of 2153146 and a Short% of Float of 1.0699999999999998.
Dividends & Splits
LMT’s forward annual dividend rate is 12.45, up from 12.3 a year ago. Against a Trailing Annual Dividend Yield of 0.02668055The 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 2024-06-03 with an ex-dividend date of 1725321600. Stock splits for the company last occurred on 1999-01-04 when the company split stock in a 2:1 ratio.
