General Dynamics moved -0.6% this afternoon session, trading between a high of $221.875 and a low of $217.32 per share. Yesterday the stock finished at $220.74 per share, compared to an average analyst target price of $264.74.
General Dynamics Corporation operates as an aerospace and defense company worldwide. The large-cap marine transportation company is based in the United States, and over the last twelve months it has returned a dividend yield of 2.3%. General Dynamics has trailing twelve months earnings per share (EPS) of 12.18, which at today's prices amounts to a price to earnings (P/E) ratio of 18.0.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.63. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
---|---|---|---|---|
2023-02-07 | 39,407,000 | -32,785,000 | 17 | 0.0 |
2022-02-09 | 38,469,000 | -32,061,000 | 17 | 0.0 |
2021-02-09 | 37,925,000 | -31,600,000 | 17 | -5.56 |
2020-02-10 | 39,350,000 | -32,363,000 | 18 | 0.0 |
2019-02-13 | 36,193,000 | -29,536,000 | 18 | -10.0 |
2018-02-12 | 30,973,000 | -24,731,000 | 20 |
General Dynamics's 17.8% average gross margins are thinner than the 36.12% average of the Marine Shipping industry, implying that the firm might be lacking in competitivity.