Lockheed Martin Corporation (LMT) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Lockheed (LMT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Lockheed Clinches a $383M Contract for Trident II D5 Missile Program
LMT secures a contract for the Trident II D5 Missile from the Strategic Systems Programs, Washington, D.C.
2 Magnificent Opportunities Yielding Up To 8%
Earnings season offers opportunities for patient investors to capitalize on temporary stock price drops, particularly with stocks offering durable dividends and strong fundamentals. Lockheed Martin presents value with a $176 billion backlog, strong cash flow, and a near-3% dividend yield. Altria offers a high 7.9% dividend yield, strong balance sheet, and growth in its smoke-free portfolio, trading at a forward PE of 10.0x.
Lockheed Martin Sentiment Hit By Charges And Headwinds, But Analysts Remain Bullish On F-35 Ramp Up
BofA Securities analyst Ronald J. Epstein reiterated a Buy rating on the shares of Lockheed Martin Corp LMT with a price forecast of $685.
Should You Buy, Hold or Sell Lockheed Martin Stock Post Q4 Earnings?
Investors interested in LMT stock should wait for a better entry point, considering its premium valuation.
Stock Of The Day: A Logical Place To Buy Lockheed Martin?
Shares of Lockheed Martin Corporation LMT are rebounding slightly after yesterday's selloff of more than 9%. A disappointing earnings release drove the move.
Buy, Sell, Or Hold LMT Stock At $460?
Lockheed Martin (NYSE: LMT) recently reported its Q4 2024 results, with revenues missing and earnings ahead of the street estimates. The company reported revenue of $18.6 billion and adjusted earnings of $7.58 per share, compared to the consensus estimates of $18.8 billion and $6.62, respectively.
Lockheed Martin 2024 Earnings Weakness A Sign Of Deeper Troubles?
Lockheed Martin shares plummeted in response to a 20% year-over-year decline in full-year earnings per share due to a $2 billion charge related to classified projects. LMT shares are now trading 25% below their recent all-time high of nearly $620, suggesting a compelling proposition for value investors. In this update, I will provide my views on Lockheed's earnings, backlog, free cash flow, and leverage.
Here's why Lockheed stock is crashing
Lockheed Martin (NYSE: LMT) is the largest defense contractor in the United States. Despite the advantages of size and scale, the aerospace giant has been struggling as of late.
Lockheed Martin Corporation (LMT) Q4 2024 Earnings Call Transcript
Lockheed Martin Corporation. (NYSE:LMT ) Q4 2024 Earnings Conference Call January 28, 2025 11:00 AM ET Company Participants Maria Ricciardone - Vice President, Treasurer and Investor Relations James Taiclet - Chairman, President and CEO Jay Malave - Chief Financial Officer Conference Call Participants Seth Seifman - JPMorgan Rob Stallard - Vertical Research Partners Richard Safran - Seaport Research Partners Ken Herbert - RBC Capital Markets Gavin Parsons - UBS Scott Deuschle - Deutsche Bank Matthew Akers - Wells Fargo Myles Walton - Wolfe Research Gautam Khanna - TD Cowen Peter Arment - Baird Pete Skibitski - Alembic Global Douglas Harned - Bernstein Michael Ciarmoli - Truist Securities Ronald Epstein - Bank of America Operator Good day, and welcome everyone to the Lockheed Martin Fourth Quarter and Full Year 2024 Earnings Results Conference Call.
Lockheed's Q4 Earnings Beat Estimates, Revenues Decline Y/Y
LMT's total sales in the fourth quarter of 2024 miss the Zacks Consensus Estimate by 1.2%. The top line also decreases 1.3% from the year-ago level.
Lockheed Martin Reports Mixed Results
Lockheed Martin (LMT -7.16%), a major player in the defense and aerospace sector, faced a mixed quarter as it released its Q4 2024 earnings on Jan. 28. The company reported earnings per share (EPS) of $2.22, falling short of the estimated $6.62, translating into a significant miss due to challenges in classified programs.
