Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Lockheed Martin Corp (NYSE: LMT) closed at $521.45 down -0.08% from its previous closing price of $521.89. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 1.33 million shares were traded. LMT stock price reached its highest trading level at $523.948 during the session, while it also had its lowest trading level at $519.5.
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 39.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.00. 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:
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 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 123601911808 and an Enterprise Value of 139772035072. As of this moment, Lockheed’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.87, and their Forward P/E ratio for the next fiscal year is 18.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.73 while its Price-to-Book (P/B) ratio in mrq is 17.09. Its current Enterprise Value per Revenue stands at 1.96 whereas that against EBITDA is 13.668.
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 -8.70%, while the 200-Day Moving Average is calculated to be 3.53%.
Shares Statistics:
For the past three months, LMT has traded an average of 1.07M shares per day and 1545620 over the past ten days. A total of 240.00M shares are outstanding, with a floating share count of 236.90M. Insiders hold about 0.06% of the company’s shares, while institutions hold 74.02% stake in the company. Shares short for LMT as of 1731628800 were 2650679 with a Short Ratio of 2.15, compared to 1728950400 on 2404799. Therefore, it implies a Short% of Shares Outstanding of 2650679 and a Short% of Float of 1.3300001000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for LMT is 12.60, from 12.6 in the trailing year. Against a Trailing Annual Dividend Yield of 0.024143018The stock’s 5-year Average Dividend Yield is 2.61.
