Understanding the Basics of LMT Stock

By Naomi Wentworth • Thursday, August 14 10:14 • Permanent Link

Large-cap Industrials company Lockheed Martin has moved -0.6% so far today on a volume of 212,734, compared to its average of 1,757,190. In contrast, the S&P 500 index moved -0.0%.

Lockheed Martin trades -9.68% away from its average analyst target price of $487.16 per share. The 19 analysts following the stock have set target prices ranging from $398.0 to $670.0, and on average have given Lockheed Martin a rating of hold.

If you are considering an investment in LMT, you'll want to know the following:

Lockheed Martin's current price is 281.7% above its Graham number of $115.28, which implies that at its current valuation it does not offer a margin of safety
Lockheed Martin has moved -21.0% over the last year, and the S&P 500 logged a change of 16.7%
Based on its trailing earnings per share of 17.84, Lockheed Martin has a trailing 12 month Price to Earnings (P/E) ratio of 24.7 while the S&P 500 average is 29.3
LMT has a forward P/E ratio of 15.7 based on its forward 12 month price to earnings (EPS) of $28.11 per share
Its Price to Book (P/B) ratio is 19.14 compared to its sector average of 2.89
Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide.
Based in Bethesda, the company has 121,000 full time employees and a market cap of $102.72 Billion. Lockheed Martin currently returns an annual dividend yield of 2.9%.

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.