Lockheed Martin Corporation (NYSE:LMT) went higher by +0.89% to close at $ 266.50. The company will report its next earnings on Oct 18 – Oct 24 (Est.).
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On the company’s financial health, Lockheed Martin Corporation reported $3.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.39 according to the earnings call on Jul 19, 2016.
The other thing that has changed with Lockheed’s stock split potential recently is that the impetus for companies to split their shares has largely disappeared in recent years. Lockheed Martin Corporation makes up approx 2.84% of Cg Asset Management’s portfolio.Wagner Bowman Management Corp boosted its stake in LMT in the latest quarter, The investment management firm added 46 additional shares and now holds a total of 1,774 shares of Lockheed Martin Corporation which is valued at $450,880. The average volume stands around 2.72 million shares.
On 12 August, Lockheed Martin Corporation (NYSE:LMT) announced that the final exchange ratio for its exchange offer for shares of common stock of Lockheed Martin will be 8.2136 shares of common stock of Abacus Innovations Corporation (“Abacus”) for each share of Lockheed Martin common stock validly tendered and not properly withdrawn. Its weekly performance is 1.17% while year to date (YTD) performance is 11.61%.
These analysts also forecasted Growth Estimates for the Current Quarter for LMT to be 10.1%. For quarter ended on 2016-06-30, the EPS came $0.25, which saw unexpected deviation of 38.89% versus the analysts’ projections.
Financial Times data shows, In 2015, Lockheed Martin Corp reported a dividend of 6.15 United States dollars, which represents a 12.02% increase over previous year.
When it comes to the Analysis of a Stock, Price Target plays a vital role.
The 52-week high is at -3.81% and the 52-week low stands at 45.31%.
To analyze a stock, one should look for Upgrades and Downgrades of a stock.
Lockheed Martin Corporation closed its last trading session at $262.54 with the gain of 0.61%. The company has market capitalization of $2.47B. The Company has 52-week high of $265.34 and 52-week low of $181.91.
US based company Lockheed Martin Corporation’s (LMT)’s latest closing price was up 17.52% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 6.76% and 3.48% compared with the 20 Day Moving Average.
The Relative Volume of the company is 5.53 and Average Volume (3 months) is 2.72 million. Investors are buying the stock with a trailing-twelve-month price-to-earnings (P/E) ratio of 21.97.
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The company shows its Return on Assets (ROA) value of 9.5%. “As we position our company for the future, this action will enable us to focus our business growth strategy, align our technology investments and increase the value we deliver to customers worldwide”. The payable date has been fixed on Sep 23, 2016. The Stock now has a Weekly Volatility of 1.22% and Monthly Volatility of 1.39%.
