Northrop Grumman Corporation (NOC) October 2023 to April 2024
Northrop Grumman Corporation (NOC)
Fundamentals:
- Market Cap: $73.996 billion
- EPS (Earnings Per Share): $30.13
- P/E Ratio: 16.232
- Book Value: $102.293
- Operating Margin (TTM): 11.49%
- Profit Margin: 12.27%
- Return on Assets (TTM): 8.45%
- Return on Equity (TTM): 31.91%
- Wall Street Target Price: $504.33
- Revenue (TTM): $37.881 billion
- Gross Profit (TTM): $7.474 billion
Recent Earnings:
- Q2 2023: Actual EPS of $5.34 vs. Estimated EPS of $5.33 (Surprise: +0.1876%)
- Q1 2023: Actual EPS of $5.5 vs. Estimated EPS of $5.09 (Surprise: +8.055%)
- Q4 2022: Actual EPS of $7.5 vs. Estimated EPS of $6.57 (Surprise: +14.1553%)
Technical Indicators:
- 52 Week High: $547.6509
- 52 Week Low: $414.56
- 50-Day Moving Average: $436.8846
- 200-Day Moving Average: $453.325
- Beta: 0.437 (indicating the stock is less volatile than the market)
Dividends:
- Forward Annual Dividend Rate: $7.48
- Forward Annual Dividend Yield: 1.53%
- Payout Ratio: 29.72%
Performance Metrics:
YTD Return: -9.27%
1-Year Return: 4.55%
3-Year Return: 17.6%
5-Year Return: 11.52%
10-Year Return: 19.05%
Analysis:
Northrop Grumman has demonstrated a solid financial performance with a healthy profit margin and return on equity. The company's earnings have been consistently beating estimates, indicating strong operational efficiency. The stock's P/E ratio is relatively moderate, suggesting it might be fairly valued. The company also offers a decent dividend yield, making it attractive for income-seeking investors. However, the stock has underperformed YTD, which might be a concern for short-term investors. Given its industry positioning and financial metrics, it seems to be a stable investment for those looking at the defense sector.
