A number of research firms have changed their ratings and price targets for Lockheed Martin (NYSE: LMT):

  • 2/6/2018 – Lockheed Martin had its price target raised by analysts at Argus from $340.00 to $385.00. They now have a “buy” rating on the stock.
  • 2/5/2018 – Lockheed Martin had its price target raised by analysts at Buckingham Research from $348.00 to $403.00. They now have a “buy” rating on the stock.
  • 2/2/2018 – Lockheed Martin was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 1/30/2018 – Lockheed Martin had its price target raised by analysts at Robert W. Baird from $337.00 to $410.00. They now have an “outperform” rating on the stock.
  • 1/30/2018 – Lockheed Martin had its price target raised by analysts at Credit Suisse Group AG from $308.00 to $380.00. They now have a “neutral” rating on the stock.
  • 1/30/2018 – Lockheed Martin had its price target raised by analysts at Wells Fargo & Co from $340.00 to $355.00. They now have a “market perform” rating on the stock.
  • 1/30/2018 – Lockheed Martin had its “market perform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $392.00 price target on the stock, up previously from $343.00.
  • 1/30/2018 – Lockheed Martin had its “hold” rating reaffirmed by analysts at Cowen Inc. They now have a $370.00 price target on the stock.
  • 1/30/2018 – Lockheed Martin had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $370.00 price target on the stock.
  • 1/30/2018 – Lockheed Martin had its “hold” rating reaffirmed by analysts at Royal Bank of Canada.
  • 1/30/2018 – Lockheed Martin had its price target raised by analysts at Citigroup Inc from $355.00 to $400.00. They now have a “buy” rating on the stock.
  • 1/29/2018 – Lockheed Martin had its price target raised by analysts at Stifel Nicolaus from $345.00 to $400.00. They now have a “buy” rating on the stock.
  • 1/23/2018 – Lockheed Martin was given a new $348.00 price target on by analysts at Royal Bank of Canada. They now have a “hold” rating on the stock.
  • 1/19/2018 – Lockheed Martin had its “neutral” rating reaffirmed by analysts at Credit Suisse Group AG.
  • 1/19/2018 – Lockheed Martin was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $373.00 price target on the stock. According to Zacks, “Being the largest defense contractor in the world, Lockheed Martin witnesses strong demand for its high-end military equipments in both domestic as well as overseas markets. Strong order growth has been a primary growth driver for this company. The latest $7 billion deal for the sustainment of F-22 air vehicle is one such order. A positive defense budget proposed by Trump government further buoys optimism for this stock's growth. Lockheed Martin continues to be a strong cash generator, helping it to take important cash deployment decisions. At the end of third-quarter 2017, the company generated cash from operations worth $5 billion, up 11.3% year over year. However, the F-35 program, despite being a prime defense project for the U.S. government, has been facing criticism for being overtly expensive, for past few years. “
  • 1/16/2018 – Lockheed Martin was downgraded by analysts at Wells Fargo & Co from an “outperform” rating to a “market perform” rating.
  • 1/4/2018 – Lockheed Martin was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $332.40 price target on the stock.

Shares of Lockheed Martin Co. (NYSE LMT) opened at $356.50 on Thursday. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of -22.19. The company has a market cap of $101,690.00, a PE ratio of 26.95, a PEG ratio of 3.09 and a beta of 0.73. Lockheed Martin Co. has a 52-week low of $262.73 and a 52-week high of $361.79.

Lockheed Martin (NYSE:LMT) last posted its earnings results on Monday, January 29th. The aerospace company reported $4.30 EPS for the quarter, topping the consensus estimate of $4.06 by $0.24. The company had revenue of $15.14 billion during the quarter, compared to the consensus estimate of $14.72 billion. Lockheed Martin had a net margin of 3.92% and a return on equity of 354.55%. The firm’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period in the previous year, the firm posted $3.25 earnings per share. research analysts anticipate that Lockheed Martin Co. will post 15.47 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Thursday, March 1st will be issued a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 2.24%. The ex-dividend date is Wednesday, February 28th. Lockheed Martin’s dividend payout ratio (DPR) is presently 60.47%.

In related news, insider Richard F. Ambrose sold 7,517 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $357.89, for a total transaction of $2,690,259.13. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Chairman Marillyn A. Hewson sold 19,000 shares of the business’s stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $346.74, for a total transaction of $6,588,060.00. Following the transaction, the chairman now owns 80,478 shares in the company, valued at $27,904,941.72. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 28,517 shares of company stock worth $9,905,819. 0.39% of the stock is owned by corporate insiders.

Lockheed Martin Corporation is a security and aerospace company. The Company operates through four segments. Aeronautics segment is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies.

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