Northrop Grumman Corporation (NYSE:NOC) went down by -1.69% from its latest closing price when compared to the 1-year high value of $385.01 and move down -27.52%, while NOC stocks collected -6.32% of loss with the last five trading sessions. Press Release reported on 06/10/20 that David Abney Joins Northrop Grumman Board of Directors
Northrop Grumman Corporation (NYSE:NOC) Worth an Investment?
Northrop Grumman Corporation (NYSE: NOC) scored price to earnings ratio above its average ratio, recording 22.75 times of increase in earnings at the present.
NOC Market Performance
NOC stocks went down by -6.32% for the week, with the monthly drop of -6.87% and a quarterly performance of 4.70%, while its annual performance rate touched -5.99%. The simple moving average for the period of the last 20 days is -8.20% for NOC stocks with the simple moving average of -12.63% 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 RBC Capital Mkts repeating the rating for NOC shares by setting it to “Sector Perform”. The predicted price for NOC socks in the upcoming period according to RBC Capital Mkts is $366 based on the research report published on May 21, 2020.
Seaport Global Securities, on the other hand, stated in their research note that they expect to see NOC stock at the price of $398. The rating they have provided for NOC stocks is “Buy” according to the report published on May 19, 2020.
Cowen gave “ Outperform” rating to NOC stocks, setting the target price at $370 in the report published on May 15, 2020.
NOC Stocks -8.72% 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 -21.58% of loss for the given period.
The stock volatility was left at 2.78%, however, within the period of a single month, the volatility rate increased by 2.45%, while the shares sank at the distance of -11.97% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -13.44% lower at the present time.
In the course of the last 5 trading sessions, NOC went down by -6.32%, which changed the moving average for the period of 200 days to the total of -15.15% of losses for the stock in comparison to the 20-day moving average settled at $326.82. In addition, Northrop Grumman Corporation saw -12.23% in overturn over the period of a single year with a tendency to cut further losses.
NOC Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Northrop Grumman Corporation (NOC), starting from Caylor Mark A, who sold 3,340 shares at the price of $324.69 back on Mar 10. After this action, Rushing now owns 14,415 shares of Northrop Grumman Corporation, valued at $1,084,465 with the latest closing price.
Caylor Mark A, the CVP & Pres, Mission Systems of Northrop Grumman Corporation, sold 4,805 shares at the value of $361.07 during a trade that took place back on Feb 25, which means that Caylor Mark A is holding 17,755 shares at the value of $1,734,941 based on the most recent closing price.
NOC Stock Fundamentals
The current profitability levels are settled at +11.73 for the present operating margin and +21.45 for gross margin. The net margin for Northrop Grumman Corporation stands at +6.64. Total capital return value is set at 16.91, while invested capital returns managed to touch 10.00. Equity return holds the value 24.50%, with 5.50% for asset returns.
Based on Northrop Grumman Corporation (NOC), the company’s capital structure generated 176.05 points for debt to equity in total, while total debt to capital is set at the value of 63.77. Total debt to assets is settled at the value of 37.79 with long-term debt to equity ratio rests at 7.52 and long-term debt to capital is 159.63.
The value for Enterprise to Sales is 2.12 with debt to enterprise value settled at 0.22. The receivables turnover for Northrop Grumman Corporation is 5.15 with the total asset turnover at the value of 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.12.