Northrop Grumman (NOC) Competitors

$480.45
-7.61 (-1.56%)
(As of 04/26/2024 ET)

NOC vs. TDY, LHX, TDG, GD, BA, LMT, HEI, TXT, RTX, and DRS

Should you be buying Northrop Grumman stock or one of its competitors? The main competitors of Northrop Grumman include Teledyne Technologies (TDY), L3Harris Technologies (LHX), TransDigm Group (TDG), General Dynamics (GD), Boeing (BA), Lockheed Martin (LMT), HEICO (HEI), Textron (TXT), RTX (RTX), and Leonardo DRS (DRS). These companies are all part of the "aerospace" sector.

Northrop Grumman vs.

Northrop Grumman (NYSE:NOC) and Teledyne Technologies (NYSE:TDY) are both large-cap aerospace companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, valuation, community ranking, media sentiment, institutional ownership, risk, profitability, analyst recommendations and dividends.

Northrop Grumman currently has a consensus price target of $503.00, indicating a potential upside of 4.68%. Teledyne Technologies has a consensus price target of $474.86, indicating a potential upside of 26.75%. Given Teledyne Technologies' stronger consensus rating and higher possible upside, analysts plainly believe Teledyne Technologies is more favorable than Northrop Grumman.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Northrop Grumman
1 Sell rating(s)
7 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.25
Teledyne Technologies
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83

Northrop Grumman has a beta of 0.35, suggesting that its stock price is 65% less volatile than the S&P 500. Comparatively, Teledyne Technologies has a beta of 1.02, suggesting that its stock price is 2% more volatile than the S&P 500.

In the previous week, Teledyne Technologies had 4 more articles in the media than Northrop Grumman. MarketBeat recorded 44 mentions for Teledyne Technologies and 40 mentions for Northrop Grumman. Northrop Grumman's average media sentiment score of 0.84 beat Teledyne Technologies' score of -0.11 indicating that Northrop Grumman is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Northrop Grumman
16 Very Positive mention(s)
3 Positive mention(s)
14 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Teledyne Technologies
8 Very Positive mention(s)
5 Positive mention(s)
9 Neutral mention(s)
12 Negative mention(s)
2 Very Negative mention(s)
Neutral

Northrop Grumman has higher revenue and earnings than Teledyne Technologies. Teledyne Technologies is trading at a lower price-to-earnings ratio than Northrop Grumman, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Northrop Grumman$39.29B1.81$2.06B$14.3033.60
Teledyne Technologies$5.64B3.15$885.70M$18.4920.26

83.4% of Northrop Grumman shares are held by institutional investors. Comparatively, 91.6% of Teledyne Technologies shares are held by institutional investors. 0.2% of Northrop Grumman shares are held by insiders. Comparatively, 2.1% of Teledyne Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Northrop Grumman received 269 more outperform votes than Teledyne Technologies when rated by MarketBeat users. However, 66.43% of users gave Teledyne Technologies an outperform vote while only 62.39% of users gave Northrop Grumman an outperform vote.

CompanyUnderperformOutperform
Northrop GrummanOutperform Votes
647
62.39%
Underperform Votes
390
37.61%
Teledyne TechnologiesOutperform Votes
378
66.43%
Underperform Votes
191
33.57%

Teledyne Technologies has a net margin of 15.81% compared to Northrop Grumman's net margin of 5.38%. Northrop Grumman's return on equity of 24.09% beat Teledyne Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Northrop Grumman5.38% 24.09% 7.88%
Teledyne Technologies 15.81%10.54%6.57%

Summary

Teledyne Technologies beats Northrop Grumman on 11 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NOC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

NOC vs. The Competition

MetricNorthrop GrummanSearch & navigation equipment IndustryAerospace SectorNYSE Exchange
Market Cap$71.20B$12.21B$16.02B$17.46B
Dividend Yield1.53%1.94%1.41%3.55%
P/E Ratio33.6016.8116.7321.12
Price / Sales1.8138.9420.7810.47
Price / Cash15.0133.3219.8317.65
Price / Book5.0133.384.414.87
Net Income$2.06B$431.17M$435.21M$964.96M
7 Day Performance3.86%4.39%2.40%1.88%
1 Month Performance0.65%-2.32%-3.13%-3.10%
1 Year Performance4.98%29.07%19.63%96.68%

Northrop Grumman Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TDY
Teledyne Technologies
4.1685 of 5 stars
$407.04
+0.7%
$515.67
+26.7%
-7.5%$19.29B$5.64B22.0014,900Earnings Report
Analyst Report
News Coverage
LHX
L3Harris Technologies
4.6383 of 5 stars
$207.62
-0.2%
$229.60
+10.6%
+10.3%$39.47B$19.42B32.2450,000Earnings Report
Dividend Announcement
News Coverage
Gap Up
TDG
TransDigm Group
3.6129 of 5 stars
$1,241.95
+3.4%
$1,170.27
-5.8%
+69.5%$69.06B$6.59B52.7115,500Analyst Revision
GD
General Dynamics
4.322 of 5 stars
$292.70
+0.5%
$283.80
-3.0%
+32.4%$80.31B$42.27B24.35111,600Earnings Report
Analyst Report
Options Volume
Analyst Revision
News Coverage
BA
Boeing
4.2275 of 5 stars
$169.17
-0.8%
$226.71
+34.0%
-17.6%$103.22B$77.79B-45.97171,000Analyst Report
Analyst Revision
LMT
Lockheed Martin
4.3999 of 5 stars
$459.99
-0.3%
$486.78
+5.8%
-0.1%$110.62B$67.57B16.70122,000Earnings Report
Analyst Report
HEI
HEICO
1.5922 of 5 stars
$204.80
+2.7%
$204.50
-0.1%
+25.4%$28.34B$2.97B66.939,600
TXT
Textron
3.5391 of 5 stars
$95.29
+1.6%
$93.63
-1.7%
+32.0%$18.33B$13.68B20.8535,000Earnings Report
Dividend Announcement
Analyst Downgrade
News Coverage
RTX
RTX
3.5392 of 5 stars
$101.34
-0.2%
$93.40
-7.8%
+3.8%$134.75B$68.92B45.24185,000Earnings Report
Analyst Report
DRS
Leonardo DRS
2.1314 of 5 stars
$21.31
+1.7%
$25.00
+17.3%
+46.7%$5.60B$2.83B33.306,600Upcoming Earnings
Short Interest ↓

Related Companies and Tools

This page (NYSE:NOC) was last updated on 4/27/2024 by MarketBeat.com Staff

From Our Partners