Updated Trading Report: Lockheed Martin Corporation (NYSE:LMT)
Lockheed Martin Corporation (NYSE:LMT) diminished -0.65%, closing at $246.38 after floating between $245.68 and $248.81. The company has market capitalization of $73.54B. It has twelve month low of $200.47 and twelve month high of $266.93.
The recent traded volume of 1.32 million shares lower than its average volume of 3.16 million shares. Analyst expected twelve month price target of $267.76.
During the most recent trading day, the stock’s price shifted up +22.90% from its 52-week low and -7.70% lower from its 52-week high. The stock’s price moved above its 200 day moving average of $243.39. The stock is currently trading up its SMA 50 of $239.08.
Present Consensus Recommendation for LOCKHEED MARTIN CORPORATION (LMT):
LOCKHEED MARTIN CORPORATION (LMT) received consensus recommendation of “Outperform” from Analysts polled at Thomson Reuters. The Company expected to announce next earnings approximately $3.04 per share.
One Month Ago Analyst Ratings: The Company has received mean Analyst rating of 2.41 from polled analysts at Reuters One Month Ago. It has been suggested as “Buy Opinions” from 5 and 0 issued “Sell Thoughts” for the stock. 10 rated the company as a “Hold”. “Outperform View” rating was revealed by 1 and “Underperform Signal” rating was issued by 1.
Sales Estimates: Wall Street Analysts are estimating average sales of $13,041.80M for current quarter (Quarter Ending Dec-16). Analysts projected the minimum sales estimate of $12,895.00M and some analysts told that the stock may achieve maximum sales of $13,294.00M. Average sales estimate is measured after the consensus analysis of 15 Analysts.
Analysts on average are expecting revenue target $11,200.30M for next quarter (Quarter Ending Mar-17). The highest achievable sales estimated by the analysts are $11,895.00M while lowest reachable sales target of $10,560.00M calculated by analysts. The Average sales target is based on the consensus of 8 brokerage Analysts.
Recent Sales Surprise: During the recent quarter period Quarter Ending Sep-16, the company declared sales of $11,551.00M. The sales consensus among polled analysts prior to the last earnings announcement was $ 11,439.30M. The difference in the numbers was $111.67M which caused a surprise factor of 0.98%.
Earnings Estimates: “15” Analysts are saying that the company to announce quarterly earnings of 3.04$ per share for current quarter period Quarter Ending Dec-16. Top-level EPS estimate is set at $3.36 while low-level EPS estimate among analysts is focused at $2.72.
“10” Analysts are expecting that the company to declare next quarterly earnings of $2.84 per share for period Quarter Ending Mar-17. EPS estimate is noted at $3.08 while lowest EPS estimate among analysts is targeted at $2.67.
Earnings Surprise: According to the earnings report released for Quarter Ending Sep-16, The Company posted actual earnings of $3.27 per share whereas the Analysts projected earnings were $2.85 per share. The difference between actual earnings and estimated earnings was $0.42 per share. These results showed an earnings surprise of 14.85% (Thomson Reuter’s data).
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