For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
General Dynamics Corp. (NYSE: GD) closed the day trading at $281.11 down -3.97% from the previous closing price of $292.72. In other words, the price has decreased by -$3.97 from its previous closing price. On the day, 3.77 million shares were traded. GD stock price reached its highest trading level at $290.365 during the session, while it also had its lowest trading level at $274.315.
Ratios:
For a better understanding of GD, 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 40.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.24. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.48.
On October 11, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $265.
On September 28, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $271.Deutsche Bank initiated its Buy rating on September 28, 2023, with a $271 target price.
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 Jan 29 ’24 when NOVAKOVIC PHEBE N sold 32,355 shares for $264.31 per share. The transaction valued at 8,551,758 led to the insider holds 773,977 shares of the business.
Roualet Mark C. sold 73,330 shares of GD for $19,414,094 on Jan 26 ’24. The Executive Vice President now owns 149,205 shares after completing the transaction at $264.75 per share. On Oct 30 ’23, another insider, Gallopoulos Gregory S, who serves as the Senior VP, Gen. Counsel, Sec. of the company, sold 33,200 shares for $238.37 each. As a result, the insider received 7,913,948 and left with 113,319 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, GD now has a Market Capitalization of 77127581696 and an Enterprise Value of 89240371200. As of this moment, General’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.37, and their Forward P/E ratio for the next fiscal year is 17.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 3.61. Its current Enterprise Value per Revenue stands at 2.111 whereas that against EBITDA is 19.527.
Stock Price History:
Over the past 52 weeks, GD has reached a high of $296.50, while it has fallen to a 52-week low of $202.35. The 50-Day Moving Average of the stock is 0.50%, while the 200-Day Moving Average is calculated to be 13.16%.
Shares Statistics:
Over the past 3-months, GD traded about 1.03M shares per day on average, while over the past 10 days, GD traded about 1282140 shares per day. A total of 273.60M shares are outstanding, with a floating share count of 272.18M. Insiders hold about 0.66% of the company’s shares, while institutions hold 88.32% stake in the company. Shares short for GD as of 1711584000 were 1499315 with a Short Ratio of 1.46, compared to 1709164800 on 1628143. Therefore, it implies a Short% of Shares Outstanding of 1499315 and a Short% of Float of 0.61000003.
Dividends & Splits
GD’s forward annual dividend rate is 5.38, up from 5.28 a year ago. Against a Trailing Annual Dividend Yield of 0.018037716The stock’s 5-year Average Dividend Yield is 2.36.
