Defense Stocks To Research - November 4th

Key Points

• Lockheed Martin, GE Aerospace, and Boeing were highlighted as defense stocks with the sector’s highest recent dollar trading volume.
• In Wednesday trading, Lockheed Martin fell $42.44 to $596.56, while GE Aerospace rose $10.58 to $331.25 and Boeing gained $4.43 to $177.75.
• The article notes defense stocks may be supported by steady or rising government spending, but remain exposed to budget, contract, regulatory, and political decisions.

Lockheed Martin, GE Aerospace, and Boeing are the three Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of companies that provide military equipment, technology, services, or other products to governments and defense agencies. Investors often view them as relatively stable investments because defense spending may remain steady or increase during periods of geopolitical tension, though these stocks are still affected by government budgets, contracts, regulation, and political decisions. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

Lockheed Martin (LMT)

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.

Shares of NYSE:LMT traded down $42.44 during trading on Wednesday, reaching $596.56. 1,479,105 shares of the stock traded hands, compared to its average volume of 1,465,376. Lockheed Martin has a 52-week low of $437.25 and a 52-week high of $692.00. The stock has a market cap of $137.81 billion, a P/E ratio of 21.24, a price-to-earnings-growth ratio of 1.36 and a beta of 0.07. The stock has a 50-day moving average of $547.27 and a two-hundred day moving average of $569.64. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.10 and a current ratio of 1.26.

Read Our Latest Research Report on LMT

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 stock traded up $10.58 during mid-day trading on Wednesday, hitting $331.25. The company's stock had a trading volume of 2,609,144 shares, compared to its average volume of 5,128,165. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.68 and a current ratio of 0.98. The stock has a market cap of $342.29 billion, a price-to-earnings ratio of 38.44, a PEG ratio of 2.15 and a beta of 1.43. The business has a 50-day moving average price of $316.27 and a 200 day moving average price of $323.07. 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 NYSE BA traded up $4.43 during midday trading on Wednesday, hitting $177.75. 3,503,050 shares of the stock traded hands, compared to its average volume of 7,125,162. The firm has a market capitalization of $140.85 billion, a P/E ratio of 19.39 and a beta of 1.34. Boeing has a one year low of $165.01 and a one year high of $254.35. The company has a debt-to-equity ratio of 6.31, a quick ratio of 0.34 and a current ratio of 1.13. The firm has a 50-day moving average of $194.60 and a two-hundred day moving average of $216.52.

Read Our Latest Research Report on BA

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