General Dynamics Corp. [GD] stock is trading at $308.23, up 1.10%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GD shares have gain 4.11% over the last week, with a monthly amount glided 1.93%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
General Dynamics Corp. [NYSE: GD] stock has seen the most recent analyst activity on October 11, 2024, when Seaport Research Partners downgraded its rating to a Neutral. Previously, Wells Fargo downgraded its rating to Equal Weight on October 01, 2024, and dropped its price target to $317. On August 09, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $345 on the stock. Deutsche Bank downgraded its rating to a Hold. BTIG Research initiated its recommendation with a Buy and recommended $345 as its price target on June 26, 2024. Jefferies upgraded its rating to Buy for this stock on April 29, 2024, and upped its price target to $335. In a note dated January 29, 2024, Alembic Global Advisors downgraded an Neutral rating on this stock but restated the target price of $296.
General Dynamics Corp. [GD] stock has fluctuated between $232.29 and $309.97 over the past year. Currently, Wall Street analysts expect the stock to reach $300.71 within the next 12 months. General Dynamics Corp. [NYSE: GD] shares were valued at $308.23 at the most recent close of the market. An investor can expect a potential drop of -2.44% based on the average GD price forecast.
Analyzing the GD fundamentals
General Dynamics Corp. [NYSE:GD] reported sales of 44.95B for the trailing twelve months, which represents a growth of 17.97%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.17 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.43.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 306.47 points at the first support level, and at 304.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 309.15, and for the 2nd resistance point, it is at 310.08.
Ratios To Look Out For
For context, General Dynamics Corp.’s Current Ratio is 1.33. Further, the Quick Ratio stands at 0.80, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 1.88, the price to book ratio is 3.84 and price to earnings (TTM) ratio is 24.03.
Transactions by insiders
Recent insider trading involved Wall Peter A, Director, that happened on Sep 16 ’24 when 1320.0 shares were sold. Director, Wall Peter A completed a deal on Sep 16 ’24 to buy 1320.0 shares. Meanwhile, Senior Vice President & CFO Kuryea Kimberly A sold 13344.0 shares on May 21 ’24.
