83.28 -0.06 (-0.07%)
After hours: 4:34PM EST
|Bid||79.90 x 1000|
|Ask||0.00 x 0|
|Day's Range||82.00 - 83.65|
|52 Week Range||63.16 - 83.65|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
It's been a banner year for aerospace and defense stocks, with the SPDR S&P Aerospace & Defense ETF (XAR) up more than 28% year to date, getting a boost from geopolitical tensions and potential tax reform. After such a major run, however, investors are worried if the gains can keep coming. The answer is yes, for some stocks, writes Goldman Sachs' Noah Poponak and his team. Poponak writes that he's still bullish on defense stocks heading into the new year, while he's more selective in the aerospace.
The iShares U.S. Aerospace & Defense ETF (BATS: ITA), PowerShares Aerospace & Defense Portfolio (NYSEArca: PPA) and the SPDR S&P Aerospace & Defense ETF (NYSEArca: XAR) are among this year’s best-performing ...
Two top-performing defense and aerospace ETFs have different structures but remarkably similar performance.
We have highlighted five solid picks from both the ETF and the stock world that were in red over the past week but have a Zacks Rank #1 or 2.
Melius Research's Carter Copeland and his team take a look at defense stocks in light of earnings season, writing that investors may have some high expectations for the stocks. Copeland writes that looking ...
Last week saw a number of small defense stocks get hit, with names like Engility (EGL), KEYW (KEYW), and Aerojet Rocketdyne (AJRD) down double digits. Canaccord's Ken Herbert and Jamaine Aggrey don't think so. Herbert and Aggrey understand that investors may be getting defense "fatigue" as the stocks have been up for a year now, rallying the wake of the 2016 election, and they admit that valuations are certainly rich: After all, small-cap defense stocks are still up 46% since the election, and 26% in 2017 while the S&P 500 is up "just" 16%.
New boutique investment firm Melius Research launched coverage of the aerospace and defense sectors, led by analyst Carter Copeland, who prefers the former to the latter. Copeland initiated coverage of ...
Shares of companies with ties to U.S. defense spending, including Lockheed Martin (LMT) and Boeing (BA), fell on Monday despite newly intensified rhetoric from North Korea regarding the possibility of war with the U.S.
Cash flows are becoming increasingly important to aerospace and defense investors compared to earnings, writes Vertical Research Partners’ Rob Stallard in his latest note. Stallard writes that part of the problem is the increase—he uses the phrase “unchecked rise”—of companies using their own definitions of earnings rather than GAAP (generally accepted accounting principles) earnings. Stallard writes that he prefers to stick to traditional P/Es where they make sense, and he thinks this is the case for most defense stocks (even though they are trading near cycle highs, given the strong outlook for defense spending).
The Zacks Analyst Blog Highlights: iShares US Aerospace & Defense, PowerShares Aerospace & Defense Portfolio and SPDR S&P Aerospace & Defense
Several aerospace and defense exchange traded funds raced to record highs Monday following reports that Northrop Grumman Corp. agreed to buy Orbital ATK Inc. for $7.8 billion, but there are more catalysts ...
Aerospace and defense ETFs jumped Monday as the Senate is widely expected to pass a $700 billion defense policy bill to bolster the Pentagon's budget, stop the closure of military bases and expand on U.S. ...
Aerospace and defense company stocks got a boost Monday morning on news of Northrop Grumman's (NOC) $7.8 billion acquisition of Orbital ATK (OA). Barron's Jack Hough, who wrote the cover story about the ...
Some of this year's best-performing industry exchange traded funds include aerospace and defense ETFs. For example, the iShares U.S. Aerospace & Defense ETF (BATS: ITA) , the largest fund in the group, ...
Honeywell stock is moving on reports that it's spinning off non-core assets to create two new public companies. Yahoo Finance’s Jen Rogers, Andy Serwer, and Melody Hahm discuss what the move means for the industrial giant.