Advertising
Showing 1 to 15 of 72 entries

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In
TOP PICK
Stockchase Research Editor: Michael O'Reilly We reiterate our TOP PICK recommendation with LMT. The company just secured contracts with the Pentagon worth up to $6.6 billion. It trades at 14x earnings compared to peers at 18x. It pays a good dividend, backed by a payout ratio of 40% of cash flow. Its cash reserves are stable despite buying back over $1.5 billion in stock and retiring debt. We would buy this with a stop loss at $320, looking to achieve $431 -- upside over 25%. Yield 3.00% (Analysts’ price target is $403.26)
Transportation
HOLD
High quality. Focused on defense. Nothing wrong with it. 11x enterprise value to EBITDA. Nice dividend of 2.6% or so. Large company, steady outlook. Not expecting huge growth, pretty modest over next couple of years. You can hold it for the yield.
Transportation
BUY
The CEO has a good track record and this is a fine defence stock.
Transportation
BUY on WEAKNESS
He likes the 2.6% dividend yield and CEO. Hold or buy on pullback.
Transportation
DON'T BUY
LMT vs. GD vs. RTX When analyzing a company, you also want to analyze its peers. This is the case here. Instead, look at General Dynamics. They acquired CSRA, entrenched in cyber defense, and this is where corporate and government money will be invested. Also see Raytheon, a hybrid of a commercial application with a defense contractor. RTX has great promise, undervalued, considerable cashflow in the future.
Transportation
BUY
Defence spending will still happen under the Democrats, contrary to the stereotype, and defence stocks will do very well. He likes the CEO, too.
Transportation

Unlock the Monthly Gems

Become a member Or, Sign In
TOP PICK
Lockheed Martin (LMT-N) shares a similar ticker. LMT, and business with L3Harris. LMT operates in defence and aerospace. A few weeks ago, it struck a US$254.7 million contract with the United Arab Emirates to produce missiles. Last December, it secured a US$504 million modification contract for its combat helicopters. Then, there's a US$1.29 billion dollar deal with the U.S. Navy, plus another US$1 billion to the U.S. Army and Navy in a maintenance deal. So, business is healthy and it won't change under a Democratic president, despite the stereotype of the Dems spending less on defence (they don't). It's a toss-up between Lockheed and L3harris.
Transportation
PAST TOP PICK
(A Top Pick Jan 08/20, Down 17%) Trades at 15x PE and pays around a 2.7% dividend. Likes it because defence spending is elevated in the U.S. and will continue to grow in Europe and Asia. So, LMT is well-positioned. Expects 5-8% EPS growth and will slowly raise their dividend. Disappointing earnings and procurement due to the pandemic hurt the stock in the past year, but this will change.
Transportation
COMMENT

Many feel that the Democrats would spend on defence, but that isn't so. Regardless of the administration there's defence spending. He likes LMT's predictability. They're best know for their airplanes, but in this space, he prefers the cheaper GD in 2018 bought CSRA which is in cyberdefence and A.I. He also prefers Raytheon, giving you both defence and commercial exposure.

Transportation

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In
TOP PICK
Stockchase Research Editor: Michael O'Reilly LMT is focused on defense and aerospace. It trades at only 15 times earnings (compared to 90x for the aerospace sector) and pays a strong dividend backed by a 41% payout ratio. It just signed a $1.29 billion contract with the US Navy and has maintenance agreements with the Army and Navy that exceed $1 billion. It has set its sights on further space development, with a recent $4.4 billion acquisition that now includes deep-space rockets. We would buy this with a stop-loss at $320, looking to achieve $451 -- over 27% upside. Yield 2.94% (Analysts’ price target is $451.71)
Transportation
TOP PICK
Global defense spending will increase, and this will not change with Biden's win. Trades at 14x earnings. Lots of growth prospects. In the sweet spot. Western countries need to upgrade their militaries. Will continue to increase dividends and buy back shares. Free cashflow will be high over next several years. Yield is 2.95%. (Analysts’ price target is $430.10)
Transportation
BUY

Defence stocks under Biden Defence does well under either Democrats or Republicans, so Biden shouldn't be a worry. LMT has a fine CEO, though he didn't speak about the space division during the last conference call which worries him. He prefers L3Harris though.

Transportation
BUY
The Democrats have a history of spending on defence, actually, something to remember if Biden wins the Nov. 3 vote. It reports tomorrow. A very good company.
Transportation
BUY
One of the best in defence. They just beat numbers. The F35 and missile defence are their two keys areas, both offering a lot of growth. There's a backlog, so there's a lot of visibility in revenue. They'll continue to beat numbers.
Transportation
PAST TOP PICK
(A Top Pick Jul 02/19, Up 1%) He still owns this and likes the defense sector. They have a $144 billion in back log orders and that will continue to grow. He thinks global defense spending will continue to grow. Aircraft and missile spending continues to grow. Operations a creating $23 billion of cash in the next three years. This allows for M&A and for dividend growth. It trades at 14 times earnings -- not expensive. Yield 3.2%
Transportation
Showing 1 to 15 of 72 entries

Lockheed Martin(LMT-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 8

Stockchase rating for Lockheed Martin is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Lockheed Martin(LMT-N) Frequently Asked Questions

What is Lockheed Martin stock symbol?

Lockheed Martin is a American stock, trading under the symbol LMT-N on the New York Stock Exchange (LMT). It is usually referred to as NYSE:LMT or LMT-N

Is Lockheed Martin a buy or a sell?

In the last year, 8 stock analysts published opinions about LMT-N. 6 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Lockheed Martin.

Is Lockheed Martin a good investment or a top pick?

Lockheed Martin was recommended as a Top Pick by on . Read the latest stock experts ratings for Lockheed Martin.

Why is Lockheed Martin stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Lockheed Martin worth watching?

8 stock analysts on Stockchase covered Lockheed Martin In the last year. It is a trending stock that is worth watching.

What is Lockheed Martin stock price?

On 2021-09-24, Lockheed Martin (LMT-N) stock closed at a price of $349.52.