Lockheed Martin (NYSE:LMT – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 27.000-27.300 for the period, compared to the consensus estimate of 27.910. The company issued revenue guidance of $73.8 billion-$74.8 billion, compared to the consensus revenue estimate of $74.1 billion.
Lockheed Martin Trading Down 9.1 %
Shares of LMT stock opened at $457.89 on Wednesday. The firm has a 50-day moving average price of $497.18 and a 200 day moving average price of $537.55. Lockheed Martin has a twelve month low of $413.92 and a twelve month high of $618.95. The company has a market capitalization of $108.54 billion, a price-to-earnings ratio of 16.58, a PEG ratio of 4.05 and a beta of 0.48. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 2.66.
Lockheed Martin (NYSE:LMT – Get Free Report) last announced its earnings results on Tuesday, January 28th. The aerospace company reported $7.67 earnings per share for the quarter, beating the consensus estimate of $6.58 by $1.09. Lockheed Martin had a net margin of 9.36% and a return on equity of 101.44%. Research analysts forecast that Lockheed Martin will post 26.89 earnings per share for the current fiscal year.
Lockheed Martin Dividend Announcement
Analyst Ratings Changes
A number of analysts recently issued reports on the stock. UBS Group increased their target price on shares of Lockheed Martin from $589.00 to $603.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. dropped their target price on shares of Lockheed Martin from $546.00 to $540.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating and dropped their target price for the stock from $611.00 to $523.00 in a research report on Thursday, January 2nd. Truist Financial assumed coverage on shares of Lockheed Martin in a research report on Tuesday, January 14th. They set a “buy” rating and a $579.00 target price for the company. Finally, Barclays dropped their target price on shares of Lockheed Martin from $565.00 to $515.00 and set an “equal weight” rating for the company in a research report on Monday, January 6th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $577.73.
View Our Latest Analysis on Lockheed Martin
About Lockheed Martin
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.
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