Last week, Lockheed Martin reported robust Q2 earnings, showcasing a significant increase in financial performance. The company generated $18.1 billion in sales, marking a 9% year-over-year growth.

Lockheed Martin Corp. closed 25.19% below its 52-week high of $618.95, which the company achieved on October 21st.

LVM Capital Management disclosed it sold nearly $10.6 million worth of Lockheed Martin shares in the second quarter.

In the case of Lockheed Martin, which is trading at $470.75 as of publishing time, $100 would buy you 0.21 shares of stock. If you're looking to bet against a company, the process is more complex.

Lockheed Martin Corp. LMT recently delivered the first Aegis System Equipped Vessel (“ASEV”) shipset, containing four AN/SPY-7(V)1 radar antennas, to the Japan Ministry of Defense (“JMOD”). The JMOD ...

Going by historical performance, there is a higher chance of a rise in LMT stock over the next month. A move of 8% or more in a month for LMT has occurred 278 times in the past ten years.

LMT Stock Trading at a Premium In terms of valuation, LMT’s forward 12-month price-to-earnings (P/E) is 17.47X, a premium to its peer group’s average of 15.80X.

Lockheed Martin (LMT) closed the latest trading day at $567.22, indicating a -0.15% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 2.12%.

LMT stock has shown strong gains of 25% from levels of $355 in early January 2021 to around $445 now, vs. an increase of about 10% for the S&P 500 over this roughly 3-year period.

For LMT, we can see that the stock performance came closest to its FCF per share CAGR between 2016-2013. Looking ahead, consensus estimates for 2024 expect 3.0% revenue growth, ...