Relative Strength Index (RSI)
|Bid||0.00 x 1000|
|Ask||0.00 x 900|
|Day's Range||286.81 - 294.22|
|52 Week Range||263.31 - 385.01|
|Beta (5Y Monthly)||0.79|
|PE Ratio (TTM)||21.98|
|Forward Dividend & Yield||5.80 (2.03%)|
|Ex-Dividend Date||May 29, 2020|
|1y Target Est||N/A|
We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]
The 7 most powerful navies in the world have spared no expense in ensuring the safety of their seas, and by proxy, their nations. Any country which has a sea needs a navy in order to protect its shores from other nations and ensure the safety of their own nation. Navies are generally used to protect their […]
Over the past five trading sessions, the defense biggies put up a mixed show with Boeing and Lockheed Martin losing but Northrop and Textron recording gains.
In the current market session, Northrop Grumman Inc. (NYSE: NOC) is trading at $308.62, after a 0.26% rise. However, over the past month, the stock decreased by 8.14%, and in the past year, by 5.10%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.The stock is currently higher from its 52 week low by 17.21%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Aerospace & Defense stocks, and capitalize on the lower share price observed over the year.The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future.Depending on the particular phase of a business cycle, some industries will perform better than others.Compared to the aggregate P/E ratio of the 35.65 in the Aerospace & Defense industry, Northrop Grumman Inc. has a lower P/E ratio of 23.1. Shareholders might be inclined to think that they might perform worse than its industry peers. It's also possible that the stock is undervalued.Price to earnings ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga * P/E Ratio Insights for Northrop Grumman(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Northrop Grumman (NOC) is supported by industry leaders, such as Lockheed Martin, L-3 Technologies, Raytheon Technologies and others, in the development of the E-2D AHE program.
NASA has laid the groundwork for an order of up to six additional SLS solid core booster rockets, from supplier Northrop Grumman, the agency announced this week. The six additional boosters would join the existing three that NASA previously locked in for use on Artemis 1, Artemis 2 and Artemis 3, which includes the targeted 2024 mission that will bring the next American man and the first American woman to the lunar surface. While this is essentially a long-lead declaration of intent to help partner Northrop Grumman ensure its supply pipeline can supply the additional boosters in a timeline needed by NASA, rather than an actual order for the boosters themselves, it's still a big step with a potential total contract value of $49.5 million, with initial funding unlocked now.
Northrop Grumman's (NOC) MQ-4C Triton UAS is equipped to provide real-time intelligence, surveillance and reconnaissance (ISR) over vast ocean and coastal regions.
In this article we will check out the progression of hedge fund sentiment towards Sanmina Corporation (NASDAQ:SANM) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 […]
Lockheed Martin's (LMT) Naval Electronics and Surveillance Systems supplies the principal AN/APY-9 radar system for the Hawkeye aircraft.
With the inclusion of new orders, the total value of Northrop Grumman's (NOC) orders under the multi-year contract with CPI Aerostructures is approximately $51 million.
Right now, Northrop Grumman Inc. (NYSE: NOC) share price is at $322.57, after a 2.86% increase. Moreover, over the past month, the stock fell by 1.37%, but in the past year, spiked by 2.33%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently under from its 52 week high by 16.22%.The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings.Most often, an industry will prevail in a particular phase of a business cycle, than other industries.Northrop Grumman Inc. has a lower P/E than the aggregate P/E of 37.44 of the Aerospace & Defense industry. Ideally, one might believe that they might perform worse than its peers, but it's also probable that the stock is undervalued.There are many limitations to price to earnings ratio. It is sometimes difficult to determine the nature of the earnings makeup of a company. Shareholders might not get what they're looking for, from trailing earnings.See more from Benzinga * P/E Ratio Insights for IDEAYA Biosciences * P/E Ratio Insights for Mid-Con Energy Partners * Insider Buys Oaktree Strategic Income's Shares(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
In August, NASA announced that blue chip aerospace giant Northrop Grumman (NYSE: NOC) would be the only company allowed to compete for a sole-source contract to build a "minimal habitation module" to accommodate astronauts serving aboard its planned Lunar Gateway space station orbiting the moon. At the time, NASA had not technically awarded the contract to Northrop, but with no one else allowed to bid, the contract appeared to be Northrop's by default. NASA describes the habitation and logistics outpost (HALO) as "the pressurized living quarters where astronauts will spend their time while visiting the Gateway."
Space stocks like Boeing and upstart space companies like SpaceX are working to return astronauts to the moon and beyond.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Northrop Grumman Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
Diamond Hill Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Diamond Hill Small Cap Fund posted a return of -36.17% for the quarter, underperforming its benchmark, the Russell 2000 Index which returned -30.61% in the same quarter. You should check out Diamond Hill Capital's top 5 […]
The Zacks Analyst Blog Highlights: Boeing, Leidos, Virgin Galactic, Northrop Grumman and Lockheed Martin
The success of SpaceX and launch of new constellations of satellites to enter low-Earth orbit in the coming years brighten prospects for space technology.
(Bloomberg) -- Two American astronauts boarded the International Space Station from a SpaceX capsule, marking the first time humans have traveled to orbit on a commercially developed craft, forging a new era for NASA and visionary billionaire Elon Musk.The Dragon craft carrying NASA astronauts Bob Behnken and Doug Hurley arrived at the orbiting lab at 10:16 a.m. Eastern time Sunday, about 19 hours after lifting off from the Kennedy Space Center in Cape Canaveral, Florida. They entered the station at 1:22 p.m. after completing a series of arrival checklists.“We have to congratulate the men and women of SpaceX,” Hurley said after the docking. “Their incredible efforts over the last several years to make this possible cannot go overstated.”The milestone flight is the first time American astronauts have flown from U.S. soil since the space shuttle program ended in 2011. The achievement comes 18 years after Musk founded Space Exploration Technologies Corp. with the ultimate goal of populating other planets. Hurley called it “an incredible time to be at NASA,” with three manned-vehicle programs in the works and progress toward a return to the moon.“Welcome to Bob and Doug,” NASA Administrator Jim Bridenstine told the astronauts from Mission Control in Houston shortly after the two men entered the station. “The whole world saw this mission and we are so, so proud of everything you have done for our country and to inspire the world,” he said.QuickTake: Why U.S. Astronauts Hitched Historic Ride With SpaceXThe highest-profile U.S. rocket launch in decades captured interest around the globe, watched live on Saturday by approximately 10 million people. The flight comes at a time when people are clamoring for good news amid the Covid-19 pandemic, surging unemployment and growing U.S. protests against police violence.“This is just one effort that we can show for the ages in this dark time that we’ve had over the past several months to kind of inspire, especially the young people in the United States, to reach for these lofty goals and work hard and look at what you can accomplish,” Hurley said from the space station.‘So Proud’President Donald Trump and Vice President Mike Pence were among those who gathered with Musk to watch the spectacle. Trump spoke with the two astronauts prior to the launch and, in a brief exchange with reporters, referred to Musk as one of the “great brains,” according to a pool report.The rooftop shook as the rocket rumbled to orbit, according to the report. Within seconds, Elton John’s “Rocket Man” -- a Trump rally classic -- began to play over speakers, the report said.“They have a long way to go but that’s a very dangerous part of it there,” Trump said. “I’m so proud of the people, of NASA, public and private. When you see a sight like that, it’s incredible. When you hear that sound — the roar — you can imagine how dangerous it is.”The launch and the initial phases of the journey proceeded smoothly. The main rocket booster flew back to Earth and stuck the landing on a drone ship -- a once-remarkable feat that has become routine for SpaceX.The two astronauts joined the Expedition 63 crew members already in residence on the space station. Their voyage, known as Demo-2, is the final major test of SpaceX’s human spaceflight system before the National Aeronautics and Space Administration certifies it to fly working missions to the space station.Boeing Co. is also preparing to carry people to the orbiting lab as part of the same Commercial Crew program at NASA.Weather ClearsThe SpaceX launch was originally slated for May 27, but was scrubbed due to bad weather. While rain showers earlier Saturday briefly raked launch complex 39A, the weather cleared and SpaceX loaded fuel onto the Falcon 9 rocket and moved through a final check of its systems.Gwynne Shotwell, the company’s president and chief operating officer, said she was “super-nervous, stomach-in-throat,” in a television interview from SpaceX headquarters minutes before lift-off. Shotwell and her team monitored the mission from the company’s control center in Hawthorne, California, wearing masks and sitting at carefully spaced terminals.Successfully carrying humans to space would mark the latest breakthrough for a company known for setting audacious goals. In the decade since the first Falcon 9 rocket reached orbit, SpaceX has eclipsed rivals like Europe’s Arianespace and United Launch Alliance, a Boeing-Lockheed Martin Corp. venture, to grab the lead of commercial launches.“Launching satellites is nice and we got to bring in more money than we spend, this is important, but ultimately this is life beyond earth,” Musk said at a briefing after the launch, where he recalled how he developed SpaceX with funds he got from PayPal. “Hopefully this is the first step on that journey” for “life becoming multi-planetary for the first time.”Musk’s space company is valued at about $36 billion, and its bravado and reusable rockets have inspired other entrepreneurs. The competition could get fierce this decade as Blue Origin, founded and funded by billionaire Jeff Bezos, Northrop Grumman Corp., ULA and Sierra Nevada Corp. all bring new spacecraft to market.‘Numerous Providers’At least that’s the dream for Bridenstine, the NASA administrator. The U.S. space agency is seeking to change the notion that government must create both demand and supply for spaceflight. He said at a post-launch briefing that NASA is seeking a business model where it’s not the only customer.“We want to have numerous providers competing on cost, innovation and safety,” he said in an interview on Bloomberg TV on May 27.Commercial spaceflight has taken a long time to evolve since 2001, when engineer and entrepreneur Dennis Tito, founder and CEO of Wilshire Associates, became the first private individual to buy a seat to space aboard a Russian Soyuz rocket.Now, with the financial disruption from Covid-19 injecting fresh uncertainty into the industry’s immediate future, Bridenstine vowed to push ahead. He said he hoped the moment would be a bright spot amid the nation’s many challenges.“I was praying for Bob and Doug, I was praying for their families, I was praying for their safe return,” he said. “If this can inspire a young child to become the next Elon Musk or Jeff Bezos or Sir Richard Branson, then this is what this is all about.”(Updates with entry to space station and comments in first six paragraphs)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Space Exploration Technologies Corp. on Saturday successfully launches the first astronauts into space from U.S. soil in nine years. The capsule carrying NASA astronauts reached orbit on its way to the International Space Station.
Defense stocks Lockheed, Northrop Grumman, L3Harris, Leidos and CACI are in or near buy ranges from cup with handle bases. But are they stock market leaders?
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
Northrop Grumman (NOC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.