313.19 0.00 (0.00%)
After hours: 4:27PM EDT
|Bid||313.19 x 1000|
|Ask||317.93 x 800|
|Day's Range||309.48 - 315.46|
|52 Week Range||223.63 - 325.28|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||16.70|
|Earnings Date||Jul 23, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||5.28 (1.74%)|
|1y Target Est||326.59|
Raytheon and Northrop Grumman shares jumped Tuesday after the defense contractors announced they were teaming up to build hypersonic weapon engines.
Today we will run through one way of estimating the intrinsic value of Northrop Grumman Corporation (NYSE:NOC) by...
Boeing's (BA) solid jetliner demand can be attributed to increase in passenger volume, demand for new jets and growth in aviation services.
Northrop Grumman Corp NYSE:NOCView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort 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. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding NOC are favorable, with net inflows of $11.44 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. NOC credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Raytheon's (RTN) Tomahawk missiles is equipped to fly into heavily defended airspace more than 1,000 miles away to conduct precise strikes on high-value targets.
The Pentagon plans to spend billions of dollars on developing hypersonic weapons in the coming years as Russia and China work on similar capabilities. Northrop's scramjet engine technology uses the vehicle's high speed to forcibly compress incoming air before combustion to enable sustained flight at hypersonic speeds. Several weapons makers are competing against the Raytheon and Northrop team to develop the Hypersonic Air-breathing Weapon Concept, or HAWC program.
Industry team developing air-breathing hypersonic weapons PARIS , June 18, 2019 /PRNewswire/ -- Building on years of collaboration, Raytheon Company (NYSE: RTN) and Northrop Grumman Corporation (NYSE: ...
Boeing (BA) is set to offer Joint Direct Attack Munition (JDAM) tail kits, spares, repairs and technical services per the terms of the latest modification.
The latest contract will enable Raytheon (RTN) to conduct the DET, which expands the existing capabilities of the Integrated Defensive Electronic Countermeasures used in F/A-18E/F aircraft.
Boeing's (BA) F/A-18E/F multirole fighter jet is capable of performing virtually every mission in the tactical spectrum, including day/night strike with precision-guided weapons and maritime strikes.
Huntington Ingalls (HII) is likely to support ship repair and modernization during continuous incremental availabilities, planned incremental availabilities as well as full-ship shock trials.
Boeing's (BA) MH-47G is a special operation variant of the CH-47 Chinook helicopter, capable of external sling-load operations, artillery placements and air assaults.
United Technologies drew withering criticism from high-profile investors over its proposed $120 billion aerospace merger with Raytheon.
Wall Street is trading around the unchanged line on Wednesday, bouncing between gains and losses, as all eyes focus on the recent announcement of a $120 billion all-stock merger of equals between United Technologies (NYSE:UTX) and Raytheon (NYSE:RTN).Defense and aerospace stocks have been holding up well since President Donald Trump took office, as represented by the iShares Aerospace and Defense ETF (BATS:ITA), despite problems at Boeing (NYSE:BA) related to the 737 MAX. This is thanks to a big investment in the Pentagon's budget by the Trump Administration.With geopolitical tensions high between the United States and China as well as Iran, this spending isn't likely to slow anytime soon. Industry consolidation, of the type represented by the UTX-TRN tie up, will bolster profitability. With defensive sectors of the market enjoying a bid in recent weeks, amid broad volatility, this provides yet another reason for investors to consider names in this area.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy for the Coming Recession Here are four defense stocks to watch: United Technologies (UTX)Shares of United Technologies are rebounding slightly after a sharp decline below their 200-day moving average, testing critical support from the March lows. The company has been going through a metamorphosis, announcing last fall that it would spin off its Otis elevator and Carrier HVAC businesses early next year, segments that will not be included in its merger of its aerospace business with Raytheon.Of note is that its Pratt & Whitney engine segment was combined with Collins Aerospace Systems last fall via what was one of the largest aerospace acquisitions in history. The company will next report results on July 23 before the bell. Analysts are looking for earnings of $2.04 per share on revenues of $19.3 billion. When the company last reported on April 23, earnings of $1.91 beat estimates by 19 cents on a 20.5% rise in revenues. Raytheon (RTN)Shares of Raytheon, maker of missile and radar systems, are finding support near the lower end of its five-month consolidation range. The proposed tie-up with UTX is seen as a big positive for RTN, diversifying its exposure into the strong commercial aerospace market as well as giving it more leverage with suppliers to negotiate lower prices through economies of scale. * 7 Dark Horse Stocks Winning the Race in 2019 The company will next report results on July 25 before the bell. Analysts are looking for earnings of $2.64 per share on revenues of $7 billion. When the company last reported on April 25, earnings of $2.77 per share beat estimates by 29 cents on a 7.4% rise in revenues. Aerojet Rocketdyne Holdings (AJRD)Shares of Aerojet Rocketdyne Holdings (NYSE:AJRD) are taking flight, pushing back towards prior highs hit in February to mark a 25%-plus rally off of its April lows. Earlier this week, CL King's George Godfrey suggested the company could be a logical acquisition for Boeing or Lockheed Martin (NYSE:LMT) following the United Technologies-Raytheon deal. Back in March, the company acquired a 3D printing subsidiary from ARC Group Worldwide (NASDAQ:ARCW).The company will next report results on July 29 after the close. Analysts are looking for earnings of 39 cents per share on revenues of $483.4 million. When the company last reported on April 30, earnings of 44 cents per share beat estimates by 19 cents on a 0.1% decline in revenues. Northrop Grumman (NOC)Shares of Northrop Grumman (NYSE:NOC) are cooling their heels a little after a run to challenge priors highs set last September, marking a nice 23% rally off of the late March lows. The last time the 50-day moving average pulled away from the 200-day average like it is now was back in 2013, marking a 6x increase in the share price until a bout of profit taking struck in early 2018. * 7 Stocks to Buy As They Hit 52-Week Lows The company will next report results on July 24 before the bell. Analysts are looking for earnings of $4.65 per share on revenues of $8.4 billion. When the company last reported on April 24, earnings of $5.06 beat estimates by 46 cents on a 21.6% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for the Coming Recession * 10 Smart Dividend Stocks for the Rest of the Year * 5 Tech Stocks That Are Far Too Risky Right Now Compare Brokers The post 4 Defense Stocks to Watch on Raytheon-United Technologies Merger appeared first on InvestorPlace.
Boeing (BA) wins a deal to offer additional acoustics software support activity and engineering support for the P-8A Poseidon aircraft.
Lockheed Martin's (LMT) Presidential Helicopter Replacement Program, also known as VXX, replaces the existing aging Marine One helicopters.
Lockheed Martin (LMT) secures deal to design maturation and development of Block 4 capabilities for supporting the F-35 Lightning II Phase 2.3 Pre-Modernization.
General Dynamics (GD) to provide necessary engineering, procurement and production support along with baseline upgrades and new technology support for the DDG 51 program.
Northrop Grumman's (NOC) G/ATO radar system is used for detecting unmanned aerial systems, cruise missiles, air breathing targets, rockets, artillery and mortars.
ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company.