Defense Stocks To Watch Today - June 3rd

Boeing, GE Aerospace, BigBear.ai, Citigroup, and Cadence Design Systems are the five Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares in publicly traded companies that design, manufacture and support military equipment, weapons systems and related services for governments. Their performance is closely tied to defense budget allocations, geopolitical tensions and policy decisions. Investors often view them as relatively stable holdings, since government contracts tend to be long‐term and demand remains consistent even in economic downturns. 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.

Shares of NYSE:BA traded up $2.46 on Tuesday, reaching $213.93. The company's stock had a trading volume of 3,890,109 shares, compared to its average volume of 9,208,782. Boeing has a 52-week low of $128.88 and a 52-week high of $215.23. The stock's 50-day moving average is $179.49 and its two-hundred day moving average is $173.19. The stock has a market capitalization of $161.30 billion, a P/E ratio of -11.68 and a beta of 1.41.

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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 down $0.83 on Tuesday, reaching $246.65. 2,465,466 shares of the stock were exchanged, compared to its average volume of 5,344,962. The company has a current ratio of 1.09, a quick ratio of 0.81 and a debt-to-equity ratio of 0.88. The business has a fifty day moving average price of $206.00 and a two-hundred day moving average price of $194.27. GE Aerospace has a 1-year low of $150.20 and a 1-year high of $250.37. The firm has a market capitalization of $263.02 billion, a PE ratio of 41.18, a PEG ratio of 2.59 and a beta of 1.31.

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BigBear.ai (BBAI)

BigBear.ai Holdings, Inc. provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.

BBAI traded down $0.03 on Tuesday, hitting $3.92. 58,117,478 shares of the company were exchanged, compared to its average volume of 62,495,672. The business's fifty day moving average is $3.23 and its 200 day moving average is $3.87. The firm has a market capitalization of $1.14 billion, a P/E ratio of -4.31 and a beta of 3.32. BigBear.ai has a fifty-two week low of $1.16 and a fifty-two week high of $10.36. The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.06 and a current ratio of 2.06.

Read Our Latest Research Report on BBAI

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 C stock traded up $0.63 during trading hours on Tuesday, hitting $76.43. The company's stock had a trading volume of 2,577,893 shares, compared to its average volume of 14,499,441. The business has a fifty day moving average of $68.94 and a 200-day moving average of $72.55. The stock has a market cap of $142.75 billion, a price-to-earnings ratio of 12.85, a P/E/G ratio of 0.64 and a beta of 1.30. Citigroup has a twelve month low of $53.51 and a twelve month high of $84.74. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.50.

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Cadence Design Systems (CDNS)

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.

Shares of CDNS traded down $0.44 on Tuesday, hitting $292.09. 666,160 shares of the stock traded hands, compared to its average volume of 2,011,363. The company has a quick ratio of 2.27, a current ratio of 2.93 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $79.75 billion, a P/E ratio of 75.67, a P/E/G ratio of 3.88 and a beta of 1.04. The stock's 50 day moving average is $283.41 and its two-hundred day moving average is $287.43. Cadence Design Systems has a 1 year low of $221.56 and a 1 year high of $328.99.

Read Our Latest Research Report on CDNS