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Promising Defense Stocks To Watch Today - August 12th

Boeing logo with Aerospace background

Key Points

  • Boeing, BigBear.ai, and Citigroup are highlighted as the top defense stocks to monitor, benefiting from stable revenue due to reliance on government contracts and defense budgets.
  • Boeing's stock price recently increased to $231.12, with a market capitalization of $174.76 billion and significant trading volume of over 4 million shares.
  • BigBear.ai specializes in AI-powered decision intelligence solutions, with shares trading at $5.47 amid a notably high trading volume of over 143 million shares.
  • Want stock alerts on Boeing? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Boeing, BigBear.ai, and Citigroup are the three Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of companies that design, manufacture, and support military equipment, weaponry, aerospace systems and related defense services. Because these firms rely heavily on government contracts and defense budgets, their revenues tend to remain relatively stable even during economic downturns. Investors often view defense stocks as defensive holdings, since they can provide steady cash flows and dividends regardless of broader market cycles. 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 BA traded up $5.16 during trading hours on Tuesday, reaching $231.12. The stock had a trading volume of 4,145,675 shares, compared to its average volume of 8,453,610. The company has a market capitalization of $174.76 billion, a price-to-earnings ratio of -13.98 and a beta of 1.48. Boeing has a 12 month low of $128.88 and a 12 month high of $242.69. The firm has a 50-day simple moving average of $217.68 and a 200 day simple moving average of $191.12.

Read Our Latest Research Report on BA

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.

Shares of NYSE:BBAI traded down $1.62 during mid-day trading on Tuesday, hitting $5.47. 143,621,297 shares of the company traded hands, compared to its average volume of 88,531,055. The stock has a market cap of $1.59 billion, a P/E ratio of -7.13 and a beta of 3.44. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.55. BigBear.ai has a 12-month low of $1.21 and a 12-month high of $10.36. The stock has a 50-day moving average price of $6.06 and a two-hundred day moving average price of $4.84.

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 NYSE:C traded up $2.80 during mid-day trading on Tuesday, hitting $95.11. 6,996,100 shares of the company traded hands, compared to its average volume of 15,790,223. The stock has a market cap of $175.08 billion, a P/E ratio of 14.06, a P/E/G ratio of 0.80 and a beta of 1.38. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.61. Citigroup has a 12-month low of $55.51 and a 12-month high of $96.90. The stock has a 50-day moving average price of $86.40 and a two-hundred day moving average price of $77.42.

Read Our Latest Research Report on C

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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