Defense Stocks To Research - November 11th

Key Points

• Five defense-related stocks highlighted: Rocket Lab, GE Aerospace, Boeing, Axon Enterprise, and Howmet Aerospace ranked among the sector’s highest-dollar-volume stocks in recent trading, according to MarketBeat’s screener.
• The companies span space launch and systems, aircraft engines and services, military and commercial aerospace, law-enforcement technology, and engineered aerospace components.
• All five stocks traded higher on Wednesday, though several remained well below their recent highs; Rocket Lab, for example, rose to $67.62 versus a 12-month high of $151.

Rocket Lab, GE Aerospace, Boeing, Axon Enterprise, and Howmet Aerospace are the five Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of companies that supply military equipment, technology, services, or other products to defense agencies and armed forces. Their performance can be influenced by government defense budgets, military contracts, geopolitical events, and broader market conditions. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

Rocket Lab (RKLB)

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.

Shares of Rocket Lab stock traded up $4.91 during trading hours on Wednesday, hitting $67.62. 12,785,302 shares of the company's stock traded hands, compared to its average volume of 22,765,676. Rocket Lab has a 12-month low of $37.57 and a 12-month high of $151.00. The stock has a market capitalization of $40.46 billion, a price-to-earnings ratio of -187.82 and a beta of 3.15. The company has a fifty day simple moving average of $62.42 and a 200-day simple moving average of $78.68. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.48 and a quick ratio of 4.98.

Read Our Latest Research Report on RKLB

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 NYSE:GE traded up $3.19 during midday trading on Wednesday, reaching $341.10. The company had a trading volume of 869,820 shares, compared to its average volume of 5,122,685. The stock has a market cap of $352.48 billion, a P/E ratio of 39.35, a P/E/G ratio of 2.28 and a beta of 1.43. The company's 50 day moving average price is $314.60 and its 200 day moving average price is $323.43. The company has a current ratio of 0.98, a quick ratio of 0.68 and a debt-to-equity ratio of 0.96. GE Aerospace has a 52-week low of $268.91 and a 52-week high of $388.84.

Read Our Latest Research Report on GE

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 Boeing stock traded up $0.26 on Wednesday, reaching $173.64. 1,643,398 shares of the company traded hands, compared to its average volume of 7,153,490. Boeing has a 52 week low of $165.01 and a 52 week high of $254.35. The company has a 50 day moving average of $190.95 and a 200 day moving average of $214.64. The firm has a market capitalization of $137.60 billion, a PE ratio of 18.89 and a beta of 1.34. The company has a debt-to-equity ratio of 6.31, a current ratio of 1.13 and a quick ratio of 0.34.

Read Our Latest Research Report on BA

Axon Enterprise (AXON)

Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. It operates through two segments, Software and Sensors, and TASER. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence.

Shares of AXON stock traded up $14.03 during trading hours on Wednesday, hitting $316.56. 778,330 shares of the company were exchanged, compared to its average volume of 1,088,747. The company has a current ratio of 3.00, a quick ratio of 2.60 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $25.72 billion, a price-to-earnings ratio of 101.46, a P/E/G ratio of 5.76 and a beta of 1.48. The firm has a fifty day simple moving average of $430.30 and a 200 day simple moving average of $472.14. Axon Enterprise has a 52-week low of $291.45 and a 52-week high of $665.07.

Read Our Latest Research Report on AXON

Howmet Aerospace (HWM)

Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.

Howmet Aerospace stock traded up $6.09 during trading on Wednesday, hitting $225.14. The stock had a trading volume of 956,591 shares, compared to its average volume of 2,887,252. The stock's 50 day moving average is $221.90 and its two-hundred day moving average is $248.18. Howmet Aerospace has a 1 year low of $183.52 and a 1 year high of $310.00. The stock has a market cap of $89.53 billion, a price-to-earnings ratio of 44.02, a price-to-earnings-growth ratio of 1.58 and a beta of 1.31. The company has a quick ratio of 0.90, a current ratio of 1.86 and a debt-to-equity ratio of 0.70.

Read Our Latest Research Report on HWM

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