Lockheed Martin (NYSE:LMT – Get Free Report) had its value goal raised by Barclays from $505.00 to $565.00 in a report launched on Tuesday, Benzinga experiences. The agency at present has an “equal weight” score on the aerospace firm’s inventory. Barclays‘s value goal factors to a possible upside of three.48% from the inventory’s present value.
A number of different analysis analysts additionally lately weighed in on LMT. Financial institution of America restated a “purchase” score and issued a $635.00 value goal on shares of Lockheed Martin in a analysis notice on Friday, August thirtieth. Robert W. Baird raised their goal value on shares of Lockheed Martin from $519.00 to $626.00 in a analysis notice on Tuesday, October twenty second. Susquehanna decreased their value goal on shares of Lockheed Martin from $705.00 to $695.00 and set a “constructive” score on the inventory in a analysis notice on Wednesday, October twenty third. Melius Analysis upgraded Lockheed Martin to a “strong-buy” score in a analysis report on Tuesday, September third. Lastly, Deutsche Financial institution Aktiengesellschaft elevated their value goal on Lockheed Martin from $600.00 to $620.00 and gave the corporate a “purchase” score in a analysis notice on Thursday, October third. One funding analyst has rated the inventory with a promote score, 4 have assigned a maintain score, 9 have issued a purchase score and one has issued a robust purchase score to the inventory. In response to information from MarketBeat.com, Lockheed Martin at present has a consensus score of “Reasonable Purchase” and a mean value goal of $611.00.
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Lockheed Martin Inventory Efficiency
LMT opened at $545.98 on Tuesday. The agency has a market cap of $131.00 billion, a P/E ratio of 19.98, a PEG ratio of 4.62 and a beta of 0.47. Lockheed Martin has a 1-year low of $413.92 and a 1-year excessive of $618.95. The corporate has a 50 day easy shifting common of $579.65 and a two-hundred day easy shifting common of $517.13. The corporate has a debt-to-equity ratio of two.66, a present ratio of 1.30 and a fast ratio of 1.07.
Lockheed Martin (NYSE:LMT – Get Free Report) final issued its quarterly earnings outcomes on Tuesday, October twenty second. The aerospace firm reported $6.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.50 by $0.34. Lockheed Martin had a return on fairness of 101.44% and a web margin of 9.36%. The enterprise had income of $17.10 billion throughout the quarter, in comparison with analyst estimates of $17.38 billion. Throughout the identical quarter within the prior yr, the enterprise posted $6.77 EPS. Lockheed Martin’s income for the quarter was up 1.3% in comparison with the identical quarter final yr. Equities analysts forecast that Lockheed Martin will publish 26.65 earnings per share for the present fiscal yr.
Hedge Funds Weigh In On Lockheed Martin
Numerous giant traders have lately made adjustments to their positions within the firm. Burkett Monetary Providers LLC purchased a brand new stake in Lockheed Martin within the third quarter value about $32,000. Mattson Monetary Providers LLC bought a brand new stake in shares of Lockheed Martin within the second quarter value roughly $27,000. Sachetta LLC lifted its stake in shares of Lockheed Martin by 50.0% throughout the 2nd quarter. Sachetta LLC now owns 60 shares of the aerospace firm’s inventory value $28,000 after buying an extra 20 shares over the past quarter. Wiser Advisor Group LLC lifted its stake in shares of Lockheed Martin by 65.8% throughout the 1st quarter. Wiser Advisor Group LLC now owns 63 shares of the aerospace firm’s inventory value $29,000 after buying an extra 25 shares over the past quarter. Lastly, Edmond DE Rothschild Holding S.A. bought a brand new place in Lockheed Martin throughout the 1st quarter valued at $30,000. 74.19% of the inventory is owned by hedge funds and different institutional traders.
Lockheed Martin Firm Profile
Lockheed Martin Company, a safety and aerospace firm, engages within the analysis, design, improvement, manufacture, integration, and sustainment of expertise techniques, merchandise, and providers worldwide. The corporate operates via Aeronautics, Missiles and Hearth Management, Rotary and Mission Techniques, and House segments.
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