Home Sectors Industrials Current Technicals: Lockheed Martin Corporation (NYSE: LMT)

Current Technicals: Lockheed Martin Corporation (NYSE: LMT)

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Lockheed Martin Corporation is part of the aerospace and defense industry and is part of the industrials sector. The company CEO is Marillyn A. Hewson. Lockheed Martin Corp is a security and aerospace company engaged in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services.

Previous Intraday Trading Performance:

The LMT stock showed a previous change of 0.46% with an open at 299.22 and a close of 301.50. It reached an intraday high of 301.63 and a low of 297.00.

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Liquidity:

The stock has a market cap of $85.8b with 284.4m shares outstanding, of which the float is 283.6m shares. Trading volume reached 1,020,957 shares compared to its average volume of 1,435,718 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Lockheed Martin Corporation shares returned 0.91% and in the past 30 trading days it returned 16.06%. Over three months, it changed 5.94%. In one year it has changed -12.00% and within that year its 52-week high was 363.00 and its 52-week low was 241.18. LMT stock is 25.01% above its 52 Week Low.

Our calculations show a 200 day moving average of 307.45 and a 50 day moving average of 282.36. Currently LMT stock is trading -1.93% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

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Earnings:

The last annual fiscal EPS for the company was reported at 17.86 that ended on 31st of December 2018, which according to the previous close, that is a PE of 17.13. Based on 7 analyst estimates, the consensus EPS for the next quarter is 4.39. The TTM EPS is 17.86, which comes to a TTM PE of 16.88. Historically, the PE high was 52.70 and the PE low was 14.10. If the stock reached its PE low, that would represent a price of 251.85, which is a decrease of -16.47%.

The following are the last four quarter reported earnings per share:
12-31-2018:  4.39
09-30-2018:  5.14
06-30-2018:  4.31
03-31-2018:  4.02

The dividend per share is currently 8.80, which is a dividend yield of 2.92%. Also, the payout ratio is 49.27%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 291.77, which means it may be overvalued by -3.33%

Indicators to Watch:

Based on the latest filings, there is 0.30% of insider ownership and 113.20% of institutional ownership. Short-interest is 2,266,606, which is 0.80% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.35. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.00

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 1,419.41%, return on assets is 11.04%, profit margin is 9.39%, price-to-sales is 1.59 and price-to-book is 61.52.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 5  :Past Performance Score
 3  :Financial Strength Score
 2  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.