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