Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company’s Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems in the United States and internationally. Its Defense Systems segment designs, develops, and produces weapons and mission systems.
- Northrop Grumman was founded in 1939 and is headquartered in Falls Church, VA.
- There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.
- Click the link below and we’ll send you MarketBeat’s guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
- In that same time, the Aerospace sector gained 7.35%, while the S&P 500 gained 9.16%.
The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. We’d like to share more about how we work and what drives our day-to-day business.
Northrop Grumman Analyst Opinions
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was https://forex-review.net/ not collected, or for certain other reasons have been excluded from these return calculations. 16 Wall Street research analysts have issued « buy, » « hold, » and « sell » ratings for Northrop Grumman in the last year. There are currently 1 sell rating, 7 hold ratings and 8 buy ratings for the stock.
- In that report, analysts expect Northrop Grumman to post earnings of $5.77 per share.
- A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.
- Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
- Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.
ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. A look at the impact the bill could have and what it could mean for defense stocks. Northrop Grumman announced a quarterly dividend on Wednesday, November 15th.
This group has a Zacks Industry Rank of 64, putting it in the top 26% of all 250+ industries. Northrop Grumman (NOC) closed the most recent trading day at $479.84, https://forex-reviews.org/ moving +0.98% from the previous trading session. Meanwhile, the Dow experienced a rise of 0.82%, and the technology-dominated Nasdaq saw an increase of 0.55%.
Northrop Grumman Gets Satellite Contract Worth Up to $732M
The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
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Upgrade to MarketBeat All Access to add more stocks to your watchlist. 610 employees have rated Northrop Grumman Chief Executive Officer Kathy Warden on Glassdoor.com. Kathy Warden has an approval rating of 85% among the company’s employees. Click the link below and we’ll send you MarketBeat’s guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
Is It Time to Buy NOC? Shares are up today.
© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. For the full year, the Zacks Consensus Estimates project earnings of $22.73 per share and a revenue of $39.02 billion, demonstrating changes of -11% and +6.61%, respectively, from the preceding year.
Investors of record on Monday, November 27th will be given a dividend of $1.87 per share on Wednesday, December 13th. This represents a $7.48 annualized dividend and a dividend yield of 1.57%. The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024. Global defense industry expenditures topped $1.9 trillion in 2019, and the amount is growing. For a limited time only, there’s money to be made launching large rockets to space — but that could change soon.
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