Northrop Grumman Corp
Score: Negative (30)
18 days at current score.
Downgraded from Neutral on November 14th 2017
- This company ranked negatively compared to the Industrials sector despite only 1 negative IHS Markit Category
- Perception of the company's creditworthiness is neutral
- Bearish sentiment is low
- Economic output for the sector is expanding but at a slower rate
Short interest | Positive
Short interest is extremely low for NOC with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting NOC.
ETF/Index ownership | Neutral
ETF activity is neutral. ETFs that hold NOC had net inflows of $5.99 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing.
PMI by IHS Markit | Negative
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing.
Credit default swap | Neutral
The current level displays a neutral indicator. NOC credit default swap spreads are within the middle of their range for the last three years.
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