Lockheed Martin Corp (LMT) Files 10-K for the Fiscal Year Ended on December 31, 2017
- By insider
Lockheed Martin Corp (LMT) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Lockheed Martin Corp is a global security company engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products. Lockheed Martin Corp has a market cap of $95.88 billion; its shares were traded at around $337.59 with a P/E ratio of 49.45 and P/S ratio of 1.91. The dividend yield of Lockheed Martin Corp stocks is 2.21%. Lockheed Martin Corp had annual average EBITDA growth of 6.10% over the past ten years. GuruFocus rated Lockheed Martin Corp the business predictability rank of 3.5-star.
Warning! GuruFocus has detected 5 Warning Sign with LMT. Click here to check it out.
The intrinsic value of LMT
For the last quarter Lockheed Martin Corp reported a revenue of $15.1 billion, compared with the revenue of $13.8 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $51 billion, an increase of 8% from last year. For the last five years Lockheed Martin Corp had an average revenue growth rate of 1.5% a year.
The reported diluted earnings per share was $6.89 for the year, a decline of 60.6% from the previous year. Over the last five years Lockheed Martin Corp had an EPS growth rate of 2.9% a year. The Lockheed Martin Corp had a decent operating margin of 11.6%, compared with the operating margin of 11.74% a year before. The 10-year historical median operating margin of Lockheed Martin Corp is 10.78%. The profitability rank of the company is 8 (out of 10).
At the end of the fiscal year, Lockheed Martin Corp has the cash and cash equivalents of $2.9 billion, compared with $1.8 billion in the previous year. The long term debt was $13.5 billion, compared with $14.3 billion in the previous year. The interest coverage to the debt is 9.1. Lockheed Martin Corp has a financial strength rank of 5 (out of 10).
At the current stock price of $337.59, Lockheed Martin Corp is traded at 89.6% premium to its historical median P/S valuation band of $178.05. The P/S ratio of the stock is 1.91, while the historical median P/S ratio is 1.01. The intrinsic value of the stock is $70.42 a share, according to GuruFocus DCF Calculator. The stock gained 35.16% during the past 12 months.
CEO Recent Trades:
Chairman, Pres. & CEO Marillyn A Hewson sold 19,000 shares of LMT stock on 01/30/2018 at the average price of $346.74. The price of the stock has decreased by 2.64% since.
Directors and Officers Recent Trades:
Executive Vice President Richard F Ambrose sold 7,517 shares of LMT stock on 02/01/2018 at the average price of $357.89. The price of the stock has decreased by 5.67% since.
For the complete 20-year historical financial data of LMT, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 5 Warning Sign with LMT. Click here to check it out.
The intrinsic value of LMT
