Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day down 0.6%. By the end of trading, Lockheed Martin Corporation rose 92 cents (1%) to $93.38 on average volume. Throughout the day, 1.8 million shares of Lockheed Martin Corporation exchanged hands as compared to its average daily volume of 1.5 million shares. The stock ranged in a price between $92.08-$93.70 after having opened the day at $92.28 as compared to the previous trading day's close of $92.46. Other companies within the Aerospace/Defense industry that increased today were:
), up 3%,
), up 2.2%,
), up 2.1%, and
), up 1.8%.
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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 $29.82 billion and is part of the
sector. The company has a P/E ratio of 10.8, 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 14.3% 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
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, increase in stock price during the past year, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Lockheed Martin Ratings Report.
- 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
) while those bearish on the aerospace/defense industry could consider
- Find other investment ideas from our top rated ETFs lists.
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