Lockheed Martin Corporation (NYSE:LMT) has a beta of 0.97, a 12-month trailing P/E ratio of 15.50, and a growth ratio of 3.03. The stock’s Relative Strength Index (RSI) is 55.13, with weekly volatility at 1.75% and ATR at 6.17. The LMT stock’s 52-week price range has touched low of $319.81 and a $417.62 high. Its shares traded lower over the last trading session, losing -1.00% on 05/18/21. The shares fell to a low of $387.08 before closing at $387.22. Intraday shares traded counted 1.16 million, which was 29.48% higher than its 30-day average trading volume of 1.65M. LMT’s previous close was $391.12 while the outstanding shares total 279.00M.
Investors have identified the Aerospace & Defense company Lockheed Martin Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $106.79 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Lockheed Martin Corporation (LMT) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For LMT, the company has in raw cash 2.93 billion on their books with 506.0 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 20.25 billion total, with 14.72 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 27.79 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on LMT sounds very interesting.
Is the stock of LMT attractive?
In related news, Chief Operating Officer, St John Frank A sold 6,855 shares of the company’s stock in a transaction that recorded on Apr 26. The sale was performed at an average price of 371.95, for a total value of 2,549,721. As the sale deal closes, the Executive Vice President, Ambrose Richard F now sold 3,446 shares of the company’s stock, valued at 1,300,445. Also, SVP & General Counsel, Lavan Maryanne sold 5,406 shares of the company’s stock in a deal that was recorded on Apr 22. The shares were price at an average price of 383.84 per share, with a total market value of 2,075,040. Following this completion of acquisition, the Executive Vice President, Ambrose Richard F now holds 3,500 shares of the company’s stock, valued at 1,354,932. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.09%.
11 out of 22 analysts covering the stock have rated it a Buy, while 10 have maintained a Hold recommendation on Lockheed Martin Corporation. 0 analysts has assigned a Sell rating on the LMT stock. The 12-month mean consensus price target for the company’s shares has been set at $428.12.