Boeing, Analog Devices, GE Aerospace, RTX, Citigroup, L3Harris Technologies, and Onsemi are the seven Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of companies engaged in the design, production and maintenance of military weapons, aerospace systems and related support services. Their revenues and profitability are closely tied to government defense budgets and geopolitical developments, often underpinned by long-term procurement contracts. Investors may view them as relatively defensive holdings during periods of market volatility, thanks to steady government demand for military capabilities. These companies had the highest dollar trading volume of any Defense stocks within the last several days.
Boeing (BA)
The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.
NYSE BA traded down $0.92 during trading on Friday, reaching $202.49. 5,248,351 shares of the company's stock were exchanged, compared to its average volume of 9,170,977. Boeing has a fifty-two week low of $128.88 and a fifty-two week high of $209.66. The firm has a market capitalization of $152.68 billion, a PE ratio of -11.05 and a beta of 1.41. The company's fifty day simple moving average is $176.17 and its 200-day simple moving average is $170.33.
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Analog Devices (ADI)
Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.
NASDAQ ADI traded down $1.46 during trading on Friday, reaching $210.47. 4,848,121 shares of the company's stock were exchanged, compared to its average volume of 3,521,342. Analog Devices has a fifty-two week low of $158.65 and a fifty-two week high of $247.10. The firm has a market capitalization of $104.39 billion, a PE ratio of 67.03, a P/E/G ratio of 2.85 and a beta of 0.98. The company has a current ratio of 1.93, a quick ratio of 1.43 and a debt-to-equity ratio of 0.19. The company's fifty day simple moving average is $197.66 and its 200-day simple moving average is $210.37.
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GE Aerospace (GE)
GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.
Shares of GE Aerospace stock traded up $2.59 during trading on Friday, hitting $232.86. 4,231,972 shares of the stock traded hands, compared to its average volume of 5,338,171. The stock has a market cap of $248.32 billion, a P/E ratio of 38.87, a PEG ratio of 2.59 and a beta of 1.31. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.81 and a current ratio of 1.09. GE Aerospace has a twelve month low of $150.20 and a twelve month high of $237.30. The company has a fifty day moving average price of $201.76 and a two-hundred day moving average price of $191.56.
Read Our Latest Research Report on GE
RTX (RTX)
RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.
Shares of RTX stock traded down $1.70 during trading on Friday, hitting $132.38. 5,509,922 shares of the stock traded hands, compared to its average volume of 5,388,868. The stock has a market cap of $176.85 billion, a P/E ratio of 37.29, a PEG ratio of 2.11 and a beta of 0.60. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.74 and a current ratio of 0.99. RTX has a twelve month low of $99.07 and a twelve month high of $138.82. The company has a fifty day moving average price of $129.13 and a two-hundred day moving average price of $124.72.
Read Our Latest Research Report on RTX
Citigroup (C)
Citigroup Inc., a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.
Shares of Citigroup stock traded down $0.33 during trading on Friday, hitting $73.09. 9,849,964 shares of the stock traded hands, compared to its average volume of 14,533,696. The stock has a market cap of $136.52 billion, a P/E ratio of 12.28, a PEG ratio of 0.64 and a beta of 1.30. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.96 and a current ratio of 0.96. Citigroup has a twelve month low of $53.51 and a twelve month high of $84.74. The company has a fifty day moving average price of $68.68 and a two-hundred day moving average price of $72.24.
Read Our Latest Research Report on C
L3Harris Technologies (LHX)
L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors.
Shares of L3Harris Technologies stock traded down $1.38 during trading on Friday, hitting $237.81. 2,359,028 shares of the stock traded hands, compared to its average volume of 1,069,314. The stock has a market cap of $44.46 billion, a P/E ratio of 30.22, a PEG ratio of 2.42 and a beta of 0.72. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.90 and a current ratio of 1.08. L3Harris Technologies has a twelve month low of $193.09 and a twelve month high of $265.74. The company has a fifty day moving average price of $216.98 and a two-hundred day moving average price of $219.07.
Read Our Latest Research Report on LHX
Onsemi (ON)
onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.
Shares of Onsemi stock traded down $1.02 during trading on Friday, hitting $41.27. 9,856,817 shares of the stock traded hands, compared to its average volume of 7,787,318. The stock has a market cap of $17.25 billion, a P/E ratio of 11.37, a PEG ratio of 16.74 and a beta of 1.39. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.38 and a current ratio of 5.06. Onsemi has a twelve month low of $31.04 and a twelve month high of $80.08. The company has a fifty day moving average price of $39.76 and a two-hundred day moving average price of $52.14.
Read Our Latest Research Report on ON
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