General Dynamics Corp. (NYSE: GD) has a higher price-to-earnings ratio of 23.28x compared to its average ratio. GD has 36-month beta value of 0.60. Analysts have mixed views on the stock, with 12 analysts rating it as a “buy,” 7 as “overweight,” 5 as “hold,” and 1 as “sell.”
The public float for GD is 273.04M, and currently, short sellers hold a 0.63% ratio of that float. The average trading volume of GD on August 01, 2024 was 1.01M shares.
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
GD) stock’s latest price update
The stock of General Dynamics Corp. (NYSE: GD) has increased by 1.95 when compared to last closing price of 293.01.Despite this, the company has seen a gain of 4.93% in its stock price over the last five trading days. investorplace.com reported 2024-07-30 that Although a controversial sector, the concept of top defense stocks will likely become an increasingly important one. Primarily, circumstances in the geopolitical realm will likely worsen.
GD’s Market Performance
General Dynamics Corp. (GD) has seen a 4.93% rise in stock performance for the week, with a 3.77% gain in the past month and a 4.05% surge in the past quarter. The volatility ratio for the week is 1.92%, and the volatility levels for the past 30 days are at 1.54% for GD. The simple moving average for the past 20 days is 3.95% for GD’s stock, with a 9.90% simple moving average for the past 200 days.
Analysts’ Opinion of GD
BTIG Research, on the other hand, stated in their research note that they expect to see GD reach a price target of $345. The rating they have provided for GD stocks is “Buy” according to the report published on June 26th, 2024.
Jefferies gave a rating of “Buy” to GD, setting the target price at $335 in the report published on April 29th of the current year.
GD Trading at 2.08% 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 -1.33% of loss for the given period.
Volatility was left at 1.54%, however, over the last 30 days, the volatility rate increased by 1.92%, as shares surge +4.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.10% lower at present.
During the last 5 trading sessions, GD rose by +4.93%, which changed the moving average for the period of 200-days by +25.83% in comparison to the 20-day moving average, which settled at $288.00. In addition, General Dynamics Corp. saw 15.03% 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 0.12. Equity return is now at value 17.08, with 6.53 for asset returns.
Based on General Dynamics Corp. (GD), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.32. The debt to equity ratio resting at 0.43. The interest coverage ratio of the stock is 27.83.
Currently, EBITDA for the company is 5.25 billion with net debt to EBITDA at 1.77. When we switch over and look at the enterprise to sales, we see a ratio of 2.04. The receivables turnover for the company is 3.83for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.
Conclusion
To put it simply, General Dynamics Corp. (GD) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
