Stock To Watch: Lockheed Martin Corporation (NYSE:LMT)


The leading market experts have placed a mean price target of $259.23 on Lockheed Martin Corporation (NYSE:LMT) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $3.29 a share for the upcoming quarter and $12.51 for the current fiscal.

Technical View

The technical analysis of Lockheed Martin Corporation Com plainly substantiates that the 50-day moving average of Lockheed Martin Corporation Com is $255.95, and stock is trading $-11.11 points away or -4.34% from its 50-day moving average of $255.95. Further it is trading $8.38 or +3.54% away its 200-day moving average of $236.46. Lockheed Martin Corporation (NYSE:LMT) 52-week high is $266.93 and the 52-week low is $197.02.

This explains if the stock moves $-22.09, it will post a 52-week high. In event of +24.27% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Lockheed Martin Corporation Com, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Lockheed Martin Corporation (NYSE:LMT) ratio came in at 20.39.

The stock last ended the trading session at $244.84 and registered a market cap of $74.16B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Lockheed Martin Corporation (NYSE:LMT) PEG ratio is at 2.61.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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