At the time of writing, General Dynamics Corp [GD] stock is trading at $262.27, down -1.11%. An important factor to consider is whether the stock is rising or falling in short-term value. The GD shares have lost -1.19% over the last week, with a monthly amount drifted -8.30%, and not 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 December 12, 2024, when Goldman downgraded its rating to a Sell and also revised its price target to $245 from $283. Previously, Wolfe Research downgraded its rating to Peer Perform on December 11, 2024. On October 11, 2024, downgrade downgraded it’s rating to Neutral. Wells Fargo downgraded its rating to a Equal Weight and decreased its price target to $317 on October 01, 2024. Morgan Stanley upgraded its rating to a Overweight and raised its price target to $345 on August 09, 2024. Deutsche Bank downgraded its rating to Hold for this stock on July 29, 2024. In a note dated June 26, 2024, BTIG Research initiated an Buy rating and provided a target price of $345 on this stock.
For the past year, the stock price of General Dynamics Corp fluctuated between $247.36 and $316.90. Currently, Wall Street analysts expect the stock to reach $334 within the next 12 months. General Dynamics Corp [NYSE: GD] shares were valued at $262.27 at the most recent close of the market. An investor can expect a potential return of 27.35% based on the average GD price forecast.
Analyzing the GD fundamentals
According to General Dynamics Corp [NYSE:GD], the company’s sales were 46.05B for trailing twelve months, which represents an 10.41% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.4.
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 259.75 points at the first support level, and at 257.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 267.15, and for the 2nd resistance point, it is at 272.02.
Ratios To Look Out For
It is important to note that General Dynamics Corp [NYSE:GD] has a current ratio of 1.32. On the other hand, the Quick Ratio is 0.80, and the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 1.57, the price to book ratio is 3.14 and price to earnings (TTM) ratio is 19.97.
Transactions by insiders
Recent insider trading involved Brady Christopher J, Vice President, that happened on Nov 22 ’24 when 5540.0 shares were sold. Officer, Brady Christopher J completed a deal on Nov 22 ’24 to buy 5540.0 shares. Meanwhile, Director Wall Peter A sold 1320.0 shares on Sep 16 ’24.
