Lockheed Martin Corp [LMT] stock is trading at $484.46, up 0.27%. 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 LMT shares have gain 3.96% over the last week, with a monthly amount drifted -3.92%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lockheed Martin Corp [NYSE: LMT] stock has seen the most recent analyst activity on January 14, 2025, when Truist initiated its Buy rating and assigned the stock a price target of $579. Previously, Deutsche Bank downgraded its rating to Hold on January 02, 2025, and dropped its price target to $523. On September 03, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $704 on the stock. RBC Capital Mkts upgraded its rating to a Outperform and increased its price target to $600 on August 05, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $635 on July 31, 2024. Deutsche Bank upgraded its rating to Buy for this stock on July 26, 2024, and upped its price target to $600. In a note dated July 24, 2024, TD Cowen upgraded an Buy rating on this stock and boosted its target price from $480 to $560.
Lockheed Martin Corp [LMT] stock has fluctuated between $413.92 and $618.95 over the past year. Currently, Wall Street analysts expect the stock to reach $592.36 within the next 12 months. Lockheed Martin Corp [NYSE: LMT] shares were valued at $484.46 at the most recent close of the market. An investor can expect a potential return of 22.27% based on the average LMT price forecast.
Analyzing the LMT fundamentals
Lockheed Martin Corp [NYSE:LMT] reported sales of 71.30B for the trailing twelve months, which represents a growth of 1.34%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.99 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.68.
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 479.89 points at the first support level, and at 475.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 487.12, and for the 2nd resistance point, it is at 489.77.
Ratios To Look Out For
For context, Lockheed Martin Corp’s Current Ratio is 1.30. Further, the Quick Ratio stands at 1.12, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 1.61, the price to book ratio is 15.88 and price to earnings (TTM) ratio is 17.53.
Transactions by insiders
Recent insider trading involved JEH C. JOHNSON, Former Officer, that happened on Dec 20 ’24 when 3144.0 shares were purchased. Pres. Rotary & Mission Systems, Hill Stephanie C. completed a deal on Aug 01 ’24 to sell 3272.0 shares. Meanwhile, Officer STEPHANIE C HILL TODNAMED BENE bought 3272.0 shares on Aug 01 ’24.
