Lockheed Martin Corporation (LMT): Today's Featured Aerospace/Defense Winner

Lockheed Martin Corporation (LMT) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 0.3%. By the end of trading, Lockheed Martin Corporation rose 98 cents (1.2%) to $85.35 on average volume. Throughout the day, 1.5 million shares of Lockheed Martin Corporation exchanged hands as compared to its average daily volume of 1.8 million shares. The stock ranged in a price between $84.22-$85.50 after having opened the day at $84.75 as compared to the previous trading day's close of $84.37. Other companies within the Aerospace/Defense industry that increased today were: Erickson Air-Crane (EAC), up 5.2%, Edac Technologies Corporation (EDAC), up 2.9%, GenCorp (GY), up 2.9%, and AAR (AIR), up 2.4%.

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Lockheed Martin Corporation engages in the research, design, development, manufacture, integration, operation, and sustainment of advanced technology systems and products in the United States and internationally. Lockheed Martin Corporation has a market cap of $27.44 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.2, equal to the average aerospace/defense industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 4.3% year to date as of the close of trading on Thursday. Currently there are three analysts that rate Lockheed Martin Corporation a buy, one analyst rates it a sell, and 14 rate it a hold.

TheStreet Ratings rates Lockheed Martin Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, increase in net income, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

• You can view the full Lockheed Martin Ratings Report.

On the negative front, Aerosonic Corporation (AIM), down 4.8%, Breeze-Eastern Corporation (BZC), down 4.4%, AerCap Holdings N.V (AER), down 2%, and Sturm Ruger & Company (RGR), down 1.7%, were all losers within the aerospace/defense industry with Triumph Group (TGI) being today's aerospace/defense industry loser.

• Use our aerospace/defense section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx (ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 (DOG).

• Find other investment ideas from our top rated ETFs lists.

For more information on Lockheed Martin Corporation click any of the following:

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