Northrop Grumman Corp [NOC] stock prices are up 0.66% to $475.50 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NOC shares have gain 4.47% over the last week, with a monthly amount drifted -0.03%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Northrop Grumman Corp [NYSE: NOC] 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 $544. Previously, Wells Fargo upgraded its rating to Overweight on January 08, 2025, and kept the price target unchanged to $595. On August 27, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $560 on the stock. Deutsche Bank upgraded its rating to a Buy and increased its price target to $575 on July 29, 2024. BTIG Research initiated its recommendation with a Buy and recommended $565 as its price target on June 26, 2024. Bernstein downgraded its rating to Mkt Perform for this stock on June 21, 2024, but kept the price target unchanged to $477. In a note dated April 22, 2024, Alembic Global Advisors upgraded an Overweight rating on this stock but restated the target price of $532.
The stock price of Northrop Grumman Corp [NOC] has been fluctuating between $418.60 and $555.57 over the past year. Currently, Wall Street analysts expect the stock to reach $549.62 within the next 12 months. Northrop Grumman Corp [NYSE: NOC] shares were valued at $475.50 at the most recent close of the market. An investor can expect a potential return of 15.59% based on the average NOC price forecast.
Analyzing the NOC fundamentals
The Northrop Grumman Corp [NYSE:NOC] reported sales of 40.98B for trailing twelve months, representing a surge of 2.26%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.16 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.12.
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 472.72 points at the first support level, and at 469.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 477.13, and for the 2nd resistance point, it is at 478.76.
Ratios To Look Out For
It’s worth pointing out that Northrop Grumman Corp [NYSE:NOC]’s Current Ratio is 1.08. Also, the Quick Ratio is 0.95, while the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 1.69, the price to book ratio is 4.70 and price to earnings (TTM) ratio is 29.44.
Transactions by insiders
Recent insider trading involved WELSH MARK A III, Director, that happened on Jan 06 ’25 when 33.0 shares were sold. Director, WELSH MARK A III completed a deal on Dec 05 ’24 to sell 33.0 shares. Meanwhile, Affiliate Mark Welsh bought 99.0 shares on Dec 05 ’24.
