Northrop Grumman Corporation (NYSE:NOC) went down by -0.68% from its latest closing price when compared to the 1-year high value of $374.68 and move down -1.08%, while NOC stocks collected +4.63% of gains with the last five trading sessions.
Northrop Grumman Corporation (NYSE:NOC) Worth an Investment?
Northrop Grumman Corporation (NYSE: NOC) scored price to earnings ratio above its average ratio, recording 18.30 times of increase in earnings at the present.
NOC Market Performance
NOC stocks went up by 4.63% for the week, with the monthly jump of 13.95% and a quarterly performance of 25.38%, while its annual performance rate touched 27.23%. The simple moving average for the period of the last 20 days is 7.47% for NOC stocks with the simple moving average of 28.52% for the last 200 days.
Analysts’ Opinion on Northrop Grumman Corporation (NYSE:NOC)
Many brokerage firms have already submitted their reports for NOC stocks, with Morgan Stanley repeating the rating for NOC shares by setting it to “Overweight”. The predicted price for NOC socks in the upcoming period according to Morgan Stanley is $418 based on the research report published on August 6, 2019.
BofA/Merrill, on the other hand, stated in their research note that they expect to see NOC stock at the price of $405, previously predicting the value of $355. The rating they have provided for NOC stocks is “Buy” according to the report published on July 25, 2019.
Alembic Global Advisors gave “ Overweight” rating to NOC stocks, setting the target price at $405 in the report published on April 30, 2019.
NOC Stocks 12.77% Far from 50 Day Moving Average
After a stumble in the market that brought NOC to its low price for the period of the last 52 weeks, Northrop Grumman Corporation was unable to take a rebound, for now settling with -1.07% of loss for the given period.
The stock volatility was left at 2.38%, however, within the period of a single month, the volatility rate increased by 2.61%, while the shares surge at the distance of +14.46% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +20.76% upper at the present time.
In the course of the last 5 trading sessions, NOC went up by +4.63%, which changed the moving average for the period of 200 days to the total of +29.66% of gains for the stock in comparison to the 20-day moving average settled at $347.23. In addition, Northrop Grumman Corporation saw 51.35% in overturn over the period of a single year with a tendency to cut further gains.
NOC Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Northrop Grumman Corporation (NOC), starting from Warden Kathy J, who sold 6,837 shares at the price of $353.46 back on Jul 29. After this action, Rushing now owns 92,895 shares of Northrop Grumman Corporation, valued at $2,416,591 with the latest closing price.
Jones Christopher T, the Corp VP & Pres Tech Svcs of Northrop Grumman Corporation, sold 5,000 shares at the value of $353.19 during a trade that took place back on Jul 29, which means that Jones Christopher T is holding 62,973 shares at the value of $1,765,964 based on the most recent closing price.
NOC Stock Fundamentals
The current profitability levels are settled at +12.56 for the present operating margin and +22.57 for gross margin. The net margin for Northrop Grumman Corporation stands at +10.73. Total capital return value is set at 16.84, while invested capital returns managed to touch 14.84. Equity return holds the value 40.00%, with 9.10% for asset returns.
Based on Northrop Grumman Corporation (NOC), the company’s capital structure generated 175.89 points for debt to equity in total, while total debt to capital is set at the value of 63.75. Total debt to assets is settled at the value of 38.24 with long-term debt to equity ratio rests at 169.57 and long-term debt to capital is 61.46.
EBITDA value lies at +1.19 B with total debt to EBITDA carrying the value of 3.14. The value for Enterprise to Sales is 2.30 with debt to enterprise value settled at 0.26. The receivables turnover for Northrop Grumman Corporation is 5.76 with the total asset turnover at the value of 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.17.