Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day down 0.4%. By the end of trading, Lockheed Martin Corporation rose $2.25 (1.5%) to $150.91 on average volume. Throughout the day, 2,588,023 shares of Lockheed Martin Corporation exchanged hands as compared to its average daily volume of 1,793,000 shares. The stock ranged in a price between $145.94-$151.99 after having opened the day at $147.07 as compared to the previous trading day's close of $148.66. Other companies within the Aerospace/Defense industry that increased today were:
), up 5.4%,
), up 5.2%,
), up 3.5% and
), up 3.0%.
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Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products for defense, civil, and commercial applications in the United States and internationally. Lockheed Martin Corporation has a market cap of $47.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 16.3, below the S&P 500 P/E ratio of 17.7. Shares are unchanged year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Lockheed Martin Corporation a buy, 1 analyst rates it a sell, and 11 rate it a hold.
TheStreet Ratings rates
Lockheed Martin Corporation
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Lockheed Martin Corporation Ratings Report.
On the negative front,
), down 7.5%,
), down 4.4%,
), down 4.3% and
), down 3.6% , were all laggards within the aerospace/defense industry with
) being today's aerospace/defense industry laggard.
- Use our aerospace/defense section to find industry-relevant news.
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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
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