Northrop Grumman Corporation (NYSE:NOC) went up by 0.05% from its latest closing price compared to the recent 1-year high of $361.43. The company’s stock price has collected 1.35% of gains in the last five trading sessions. MarketWatch.com reported 7 hours ago that Northrop Grumman Corp. stock outperforms market on strong trading day
Is It Worth Investing in Northrop Grumman Corporation (NYSE :NOC) Right Now?
Northrop Grumman Corporation (NYSE:NOC) scored a price-to-earnings ratio above its average ratio, recording 15.87 x from its present earnings ratio. Plus, the 36-month beta value for NOC is at 0.78. Opinions of the stock are interesting as 14 analysts out of 21 who provided ratings for Northrop Grumman Corporation declared the stock was a “buy,” while 2 rated the stock as “overweight,” 4 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $367.42, which is $65.94 above the current price. NOC currently public float of 165.91M and currently shorts hold a 4.15% ratio of that float. Today, the average trading volume of NOC was 1.10M shares.
NOC’s Market Performance
NOC stocks went up by 1.35% for the week, with a monthly jump of 3.00% and a quarterly performance of -1.50%, while its annual performance rate touched -9.70%. The volatility ratio for the week stands at 2.10% while the volatility levels for the past 30 days are set at 1.97% for Northrop Grumman Corporation. The simple moving average for the period of the last 20 days is 1.45% for NOC stocks with a simple moving average of -3.88% for the last 200 days.
Analysts’ Opinion of NOC
Many brokerage firms have already submitted their reports for NOC stocks, with Robert W. Baird repeating the rating for NOC by listing it as a “Neutral.” The predicted price for NOC in the upcoming period, according to Robert W. Baird is $331 based on the research report published on January 07th of the current year 2021.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see NOC reach a price target of $391. The rating they have provided for NOC stocks is “Outperform” according to the report published on October 06th, 2020.
Morgan Stanley gave a rating of “Overweight” to NOC, setting the target price at $470 in the report published on September 08th of the previous year.
NOC Trading at 1.23% from the 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, the company was unable to rebound, for now settling with -16.47% of loss for the given period.
Volatility was left at 1.97%, however, over the last 30 days, the volatility rate increased by 2.10%, as shares surge +3.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.44% upper at present.
During the last 5 trading sessions, NOC rose by +1.35%, which changed the moving average for the period of 200-days by -7.81% in comparison to the 20-day moving average, which settled at $298.06. In addition, Northrop Grumman Corporation saw -0.93% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at NOC starting from Hardesty Michael A, who sale 280 shares at the price of $295.10 back on Feb 22. After this action, Hardesty Michael A now owns 4,043 shares of Northrop Grumman Corporation, valued at $82,628 using the latest closing price.
Pamiljans Janis G, the Corporate Vice President of Northrop Grumman Corporation, sale 2,417 shares at $295.10 during a trade that took place back on Feb 22, which means that Pamiljans Janis G is holding 7,953 shares at $713,257 based on the most recent closing price.
Stock Fundamentals for NOC
Current profitability levels for the company are sitting at:
- +11.05 for the present operating margin
- +20.32 for the gross margin
The net margin for Northrop Grumman Corporation stands at +8.67. The total capital return value is set at 15.78, while invested capital returns managed to touch 13.00. Equity return is now at value 32.00, with 7.30 for asset returns.
Based on Northrop Grumman Corporation (NOC), the company’s capital structure generated 157.00 points at debt to equity in total, while total debt to capital is 61.09. Total debt to assets is 37.35, with long-term debt to equity ratio resting at 147.50. Finally, the long-term debt to capital ratio is 57.39.
When we switch over and look at the enterprise to sales, we see a ratio of 1.71, with the company’s debt to enterprise value settled at 0.26. The receivables turnover for the company is 5.53 and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.58.