What Should You Know About Lockheed Martin Before Investing?

Shares of Industrials sector company Lockheed Martin moved 0.3% today, and are now trading at a price of $449.5. The large-cap stock's daily volume was 567,950 compared to its average volume of 1,335,431. The S&P 500 index returned a 0.0% performance.

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company is based in Bethesda and has 116,000 full time employees. Its market capitalization is $111,521,742,848. Lockheed Martin currently offers its equity investors a dividend that yields 2.7% per year.

20 analysts are following Lockheed Martin and have set target prices ranging from $364.0 to $550.0 per share. On average, they have given the company a rating of hold. At today's prices, LMT is trading -7.15% away from its average analyst target price of $484.1 per share.

Over the last year, LMT shares have gone down by -5.0%, which represents a difference of -19.0% when compared to the S&P 500. The stock's 52 week high is $508.1 per share and its 52 week low is $393.77. With average free cash flows of $5.62 Billion that have been growing at an average rate of 20.9% over the last 6 years, Lockheed Martin declining stock performance may not be reflective of the quality of its underlying business.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 7,483,000 1,680,000 5,803,000 -5.37
2022 7,802,000 1,670,000 6,132,000 -20.35
2021 9,221,000 1,522,000 7,699,000 19.98
2020 8,183,000 1,766,000 6,417,000 10.13
2019 7,311,000 1,484,000 5,827,000 213.28
2018 3,138,000 1,278,000 1,860,000
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.