Lockheed Martin Corporation which can be found using ticker (LMT) now have 21 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 550 and 334 calculating the average target price we see $487.67. Given that the stocks previous close was at $471.44 this indicates there is a potential upside of 3.4%. It’s also worth noting that there is a 50 day moving average of $469.62 while the 200 day moving average is $447.71. The total market capitalization for the company now stands at $121,395m. Company Website: https://www.lockheedmartin.com
The potential market cap would be $125,574m based on the market consensus.
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground global systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.
The company has a dividend yield of 2.55% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 21.91, revenue per share of 250.22 and a 9% return on assets.
