In the past week, GD stock has gone down by -4.36%, with a monthly decline of -6.46% and a quarterly plunge of -4.60%. The volatility ratio for the week is 1.47%, and the volatility levels for the last 30 days are 1.34% for General Dynamics Corp. The simple moving average for the past 20 days is -3.02% for GD’s stock, with a 3.31% simple moving average for the past 200 days.
Is It Worth Investing in General Dynamics Corp. (NYSE: GD) Right Now?
General Dynamics Corp. (NYSE: GD) has a higher price-to-earnings ratio of 22.75x compared to its average ratio. GD has 36-month beta value of 0.60. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 8 as “overweight,” 6 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for GD is 272.62M, and currently, short sellers hold a 0.73% ratio of that float. The average trading volume of GD on July 24, 2024 was 1.03M shares.
GD) stock’s latest price update
General Dynamics Corp. (NYSE: GD)’s stock price has decreased by -5.17 compared to its previous closing price of 294.46. However, the company has seen a -4.36% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-07-24 that While the top- and bottom-line numbers for General Dynamics (GD) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Analysts’ Opinion of GD
Many brokerage firms have already submitted their reports for GD stocks, with BTIG Research repeating the rating for GD by listing it as a “Buy.” The predicted price for GD in the upcoming period, according to BTIG Research is $345 based on the research report published on June 26, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see GD reach a price target of $335, previously predicting the price at $305. The rating they have provided for GD stocks is “Buy” according to the report published on April 29th, 2024.
Alembic Global Advisors gave a rating of “Neutral” to GD, setting the target price at $296 in the report published on January 29th of the current year.
GD Trading at -4.74% from the 50-Day Moving Average
After a stumble in the market that brought GD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.76% of loss for the given period.
Volatility was left at 1.34%, however, over the last 30 days, the volatility rate increased by 1.47%, as shares sank -5.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.43% lower at present.
During the last 5 trading sessions, GD fell by -3.98%, which changed the moving average for the period of 200-days by +29.34% in comparison to the 20-day moving average, which settled at $287.19. In addition, General Dynamics Corp. saw 7.54% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GD starting from Kuryea Kimberly A, who sale 13,344 shares at the price of $298.16 back on May 21 ’24. After this action, Kuryea Kimberly A now owns 79,255 shares of General Dynamics Corp., valued at $3,978,624 using the latest closing price.
Burns Mark Lagrand, the Vice President of General Dynamics Corp., sale 12,089 shares at $296.59 during a trade that took place back on May 17 ’24, which means that Burns Mark Lagrand is holding 64,132 shares at $3,585,477 based on the most recent closing price.
Stock Fundamentals for GD
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.16 for the gross margin
The net margin for General Dynamics Corp. stands at 0.08. The total capital return value is set at 0.11. Equity return is now at value 16.71, with 6.31 for asset returns.
Based on General Dynamics Corp. (GD), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 0.45. The interest coverage ratio of the stock is 17.23.
Currently, EBITDA for the company is 5.25 billion with net debt to EBITDA at 1.89. When we switch over and look at the enterprise to sales, we see a ratio of 2.02. The receivables turnover for the company is 3.7for trailing twelve months and the total asset turnover is 0.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.
Conclusion
To put it simply, General Dynamics Corp. (GD) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
