Is a Correction Looming Ahead for Lockheed Martin Corporation (LMT)

Lockheed Martin Corporation (NYSE:LMT) went down by -0.62% from its latest closing price compared to the recent 1-year high of $442.53. The company’s stock price has collected 0.56% of gains in the last five trading sessions. Press Release reported 14 hours ago that Lockheed Martin Announces Third Quarter 2020 Earnings Results Conference Call

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Is It Worth Investing in Lockheed Martin Corporation (NYSE :LMT) Right Now?

Lockheed Martin Corporation (NYSE:LMT) scored a price-to-earnings ratio above its average ratio, recording 16.69 x from its present earnings ratio. Plus, the 36-month beta value for LMT is at 0.93. Opinions of the stock are interesting as 12 analysts out of 23 who provided ratings for Lockheed Martin Corporation declared the stock was a “buy,” while 2 rated the stock as “overweight,” 9 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $433.20, which is $55.06 above the current price. LMT currently public float of 279.33M and currently shorts hold a 0.72% ratio of that float. Today, the average trading volume of LMT was 1.19M shares.

LMT’s Market Performance

LMT stocks went up by 0.56% for the week, with a monthly drop of -1.53% and a quarterly performance of 5.22%, while its annual performance rate touched 0.72%. The volatility ratio for the week stands at 2.35% while the volatility levels for the past 30 days are set at 2.59% for Lockheed Martin Corporation. The simple moving average for the period of the last 20 days is -1.78% for LMT stocks with a simple moving average of -0.91% for the last 200 days.

Analysts’ Opinion of LMT

Many brokerage firms have already submitted their reports for LMT stocks, with Morgan Stanley repeating the rating for LMT by listing it as a “Overweight.” The predicted price for LMT in the upcoming period, according to Morgan Stanley is $509 based on the research report published on September 08th of the current year 2020.

RBC Capital Mkts, on the other hand, stated in their research note that they expect to see LMT reach a price target of $410. The rating they have provided for LMT stocks is “Sector Perform” according to the report published on May 21st, 2020.

Seaport Global Securities gave a rating of “Buy” to LMT, setting the target price at $435 in the report published on May 19th of the current year.

LMT Trading at -1.82% from the 50-Day Moving Average

After a stumble in the market that brought LMT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.93% of loss for the given period.

Volatility was left at 2.59%, however, over the last 30 days, the volatility rate increased by 2.35%, as shares sank -4.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.35% lower at present.

During the last 5 trading sessions, LMT rose by +0.56%, which changed the moving average for the period of 200-days by -1.31% in comparison to the 20-day moving average, which settled at $386.92. In addition, Lockheed Martin Corporation saw -2.18% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at LMT starting from St John Frank A, who sale 556 shares at the price of $438.60 back on Feb 06. After this action, St John Frank A now owns 1,401 shares of Lockheed Martin Corporation, valued at $243,862 using the latest closing price.

Colan Brian P, the VP & Controller of Lockheed Martin Corporation, sale 1,108 shares at $434.77 during a trade that took place back on Jan 29, which means that Colan Brian P is holding 0 shares at $481,725 based on the most recent closing price.

Stock Fundamentals for LMT

Current profitability levels for the company are sitting at:

  • +13.60 for the present operating margin
  • +15.77 for the gross margin

The net margin for Lockheed Martin Corporation stands at +10.42. The total capital return value is set at 50.09, while invested capital returns managed to touch 42.40. Equity return is now at value 181.40, with 13.20 for asset returns.

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Based on Lockheed Martin Corporation (LMT), the company’s capital structure generated 439.85 points at debt to equity in total, while total debt to capital is 81.48. Total debt to assets is 28.94, with long-term debt to equity ratio resting at 392.04. Finally, the long-term debt to capital ratio is 72.62.

Currently, EBITDA for the company is 2.52B with total debt to EBITDA at 1.36. When we switch over and look at the enterprise to sales, we see a ratio of 2.05, with the company’s debt to enterprise value settled at 0.11. The receivables turnover for the company is 5.12 and the total asset turnover is 1.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.

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