Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Finally, space systems produces satellites, sensors, space structures, and manufactures long-range missiles and rocket motors. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.
China has decided to apply sanctions against aerospace and defence firm Northrop Grumman Corp and peer Lockheed Martin Corp for providing weapons to Taiwan, the Chinese foreign ministry said on Friday… The technique has proven to be very useful for A Random Walk Down Wall Street finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest.
- Its Defense Systems segment designs, develops, and produces weapons and mission systems.
- If the shutdown is resolved quickly, defense stocks could outperform tine broader market in the weeks following the resolution, as happened in 2013.
- “Of the three, we think bonds are the closest to a reversal, but things are likely to remain messy into quarter-end,” BTIG’s Jonathan Krinsky said in a Wednesday note.
- Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year.
The Company provides systems, products, and solutions in aerospace, electronics, information systems, and technical services. Northrop Grumman serves government and commercial customers worldwide. The company reported earnings of $4.86 per share on $78.9 billion in revenue. Analysts polled by LSEG had called for EPS of $4.79 on $77.9 billion in revenue. Shares of Micron were up 1% in premarket trading, ahead of the semiconductor producer’s anticipated release of its fiscal fourth-quarter earnings results after today’s market close. Investors will be waiting to hear if global demand for semiconductors can offset Chinese bans against the export of chipmaking metals.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
Trading Services
Analysts had estimated per-share earnings of $4.79 on $77.09 billion in revenue, according to LSEG. Meanwhile, e-commerce sales slipped 0.8% compared to the same period in the previous year. 15 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Northrop Grumman in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 7 buy ratings for the stock.
- A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
- For a limited time only, there’s money to be made launching large rockets to space — but that could change soon.
- That’s why we’ve seen so many Wall Street analysts exploring the fallout from new weight loss medications like Wegovy and Ozempic on industries from real estate to medical devices to food and beverage.
- A government shutdown would create significant uncertainty for the defense companies that rely on federal dollars, but that doesn’t mean investors have to bail on the stocks, according to Morgan Stanley analyst Kristine Liwag.
- Utilities stocks dropped 0.6% to lead minor losses, while tech and oil and gas stocks each saw a 0.2% uptick.
- Three energy companies comprise the S&P 500’s top four gainers week to date.
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the euro vs.dollar history month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
FAQs for Northrop Grumman Corp Stock
Chief Financial Officer Richard Galanti said on an earnings call that sales of more expensive items — besides for food — were weaker in the U.S. and that declining gas prices impacted revenue. Costco Wholesale shares slumped 1.5% before the bell even after the retailer topped fiscal fourth-quarter earnings expectations on the top and bottom lines. Energy stocks are holding on to their gains on Wednesday even as the broader market struggles. “We believe ELF can drive +47%/+20% org. growth in FY24 and FY25 driven by innovation-led share gains across the mass beauty industry,” Grom wrote in a note. “We believe this greater flow through will allow ELF to maintain it’s current premium valuation, thereby rewarding shareholders with stronger earnings growth.” If the shutdown is resolved quickly, defense stocks could outperform tine broader market in the weeks following the resolution, as happened in 2013.
Raytheon, Northrop Grumman get U.S. defense contract to keep testing hypersonic weapons
This represents a $7.48 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Friday, August 25th. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
What is Northrop Grumman Corp’s stock style?
Click the link below and we’ll send you MarketBeat’s list of seven stocks and why their long-term outlooks are very promising. Global defense industry expenditures topped $1.9 trillion in 2019, and the amount is growing. For a limited time only, there’s money to be made launching large rockets to space — but that could change soon.
Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.
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The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. We’d like to share more about how we work and what drives our day-to-day business.
Digging Into Vanguard Dividend Growth
Its Space Systems segment offers satellites and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. The company was founded in 1939 and is based in Falls Church, Virginia. The company’s Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems in the United States and internationally. Northrop Grumman is a Donchian channel metatrader 4 diversified defense contractor providing aeronautics, defense, mission, and space systems. The company’s aerospace segment creates the fuselage for the massive F-35 program and produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber. Defense systems makes artillery and missile ammunition and guidance systems, missile defense systems, and conducts maintenance and upgrades on numerous military aircraft.
Stock Money Flow
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
“Companies with strong fundamentals that were overly beaten down represent good opportunities going forward,” he added. Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of NOC stock can currently be purchased for approximately $440.19. 610 employees have rated Northrop Grumman Chief Executive Officer Kathy Warden on Glassdoor.com. Kathy Warden has an approval rating of 85% among the company’s employees.
