|Bid||327.00 x 800|
|Ask||328.14 x 1100|
|Day's range||326.06 - 330.04|
|52-week range||291.52 - 363.00|
|Beta (3Y Monthly)||0.77|
|PE ratio (TTM)||36.68|
|Earnings date||23 Oct 2018|
|Forward dividend & yield||8.80 (2.64%)|
|1y target est||381.39|
In the latest trading session, Lockheed Martin (LMT) closed at $328.12, marking a -1.58% move from the previous day.
Strong contribution from segments, lower share count and ability to win consistent contracts will drive Lockheed Martin's (LMT) Q3 earnings.
Wall Street expects Honeywell (HON) to report revenue of $10.75 billion in Q3 2018, representing a 6.2% increase over Q3 2017 when it reported revenue of $10.12 billion. If it manages to meet expectations, it will achieve its highest third-quarter revenue ever, which would imply a CAGR (compound annual growth rate) of 2.2% for the third quarter since 2013. The continued demand for the solstice products is considered to be the major revenue driving factor in Honeywell’s third quarter.
Lockheed (LMT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Lockheed (LMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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The defense contractors agreed to a merger that will form one of the industry’s largest players, a $33.5 billion behemoth to challenge weapons makers such as Raytheon Co. and Northrop Grumman Corp. With product lines spanning communications and electronics, the newly formed L3 Harris Technologies Inc. is poised to capitalize on military spending increases under U.S. President Donald Trump. “This looks to be a special transaction capable of catapulting both companies into the defense big league,” Carter Copeland, an analyst at Melius Research, said in a note Monday.
Stocks in the Zacks Aerospace sector are expected to exhibit year-over-year earnings growth of 16.6% on 6.5% revenue growth in the third quarter
President Trump raised eyebrows earlier this year when he announced plans to create a “Space Force,” which would become the sixth branch of the military.
Lockheed Martin (LMT) regularly wins contracts for its varied missile segments that include THAAD, AEGIS Ballistic Missile Defense and PAC-3 missiles.
Limited restrictions and rising global conflicts are driving sales of U.S.-manufactured military equipment, aiding revenue growth for some defense companies.
The Wall Street took a hit on Oct 10, which reflected in the bourses' worst fall in more than eight months. As a result, over the past five trading sessions, defense biggies put up a disappointing show.
ULA's a joint venture between Boeing (BA) and Lockheed Martin (LMT) launch vehicles have played a major role in the U.S. space ventures, given its highest commitment to crew safety and mission success.
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Over the past five trading sessions, defense biggies put up a solid show. Boeing gained the most with its share price rising 6.8%, followed by General Dynamics.
The latest contract win may allow Lockheed Martin's (LMT) Space Systems unit to make a rebound in its revenues and result in top line growth in the second half of 2018.
As more corporate giants turn their attention to space infrastructure, it is worth exploring investment opportunities in related industries.