Lockheed Martin Corp (LMT) stock forecast: Can it reach its 52-week high of $618.95

At the time of writing, Lockheed Martin Corp [LMT] stock is trading at $440.27, down -0.10%. An important factor to consider is whether the stock is rising or falling in short-term value. The LMT shares have gain 4.04% over the last week, with a monthly amount drifted -11.46%, 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.

For the past year, the stock price of Lockheed Martin Corp fluctuated between $419.70 and $618.95. Currently, Wall Street analysts expect the stock to reach $597.13 within the next 12 months. Lockheed Martin Corp [NYSE: LMT] shares were valued at $440.27 at the most recent close of the market. An investor can expect a potential return of 35.63% based on the average LMT price forecast.

Analyzing the LMT fundamentals

According to Lockheed Martin Corp [NYSE:LMT], the company’s sales were 71.04B for trailing twelve months, which represents an -1.34% plunge. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.81 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.1.

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 436.45 points at the first support level, and at 432.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 446.19, and for the 2nd resistance point, it is at 452.10.

Ratios To Look Out For

It is important to note that Lockheed Martin Corp [NYSE:LMT] has a current ratio of 1.13. On the other hand, the Quick Ratio is 0.95, and the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 1.46, the price to book ratio is 16.27 and price to earnings (TTM) ratio is 19.77.

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.

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