Top Defense Stocks To Consider - August 2nd

Key Points

• The article highlights seven defense stocks to watch, including Boeing, Citigroup, and GE Aerospace, which are linked to government defense budgets and geopolitical developments.
• Boeing shares recently traded at $221.94, while Citigroup's shares were at $91.84, reflecting trading volumes significantly above their averages.
• GE Aerospace's stock decreased to $269.49, and it operates across two segments: Commercial Engines and Services, and Defense and Propulsion Technologies.

Boeing, Citigroup, GE Aerospace, Howmet Aerospace, Celestica, Analog Devices, and ON Semiconductor are the seven Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of publicly traded companies that design, manufacture and support military and defense-related equipment, such as weapons systems, aircraft, cybersecurity solutions and logistics services. Their performance is closely tied to government defense budgets, procurement cycles and geopolitical developments. Investors often view them as relatively stable, income-generating assets, though they carry risks from regulatory changes and shifts in global security priorities. 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 $0.10 during trading on Friday, hitting $221.94. The stock had a trading volume of 8,556,620 shares, compared to its average volume of 7,665,790. Boeing has a 12-month low of $128.88 and a 12-month high of $242.69. The stock has a market capitalization of $167.82 billion, a price-to-earnings ratio of -13.44 and a beta of 1.48. The stock has a 50-day simple moving average of $215.23 and a two-hundred day simple moving average of $188.67.

Read Our Latest Research Report on BA

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 down $1.86 during trading on Friday, hitting $91.84. The stock had a trading volume of 17,720,586 shares, compared to its average volume of 15,836,717. Citigroup has a 12-month low of $53.51 and a 12-month high of $96.90. The stock has a market capitalization of $171.53 billion, a price-to-earnings ratio of 13.57, a price-to-earnings-growth ratio of 0.81 and a beta of 1.38. The company has a quick ratio of 0.98, a current ratio of 0.99 and a debt-to-equity ratio of 1.61. The stock has a 50-day simple moving average of $84.36 and a two-hundred day simple moving average of $76.98.

Read Our Latest Research Report on C

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 down $1.59 during trading on Friday, hitting $269.49. The stock had a trading volume of 4,380,267 shares, compared to its average volume of 6,337,291. GE Aerospace has a 12-month low of $150.20 and a 12-month high of $274.94. The stock has a market capitalization of $285.78 billion, a price-to-earnings ratio of 37.59, a price-to-earnings-growth ratio of 2.92 and a beta of 1.44. The company has a quick ratio of 0.73, a current ratio of 1.04 and a debt-to-equity ratio of 0.88. The stock has a 50-day simple moving average of $252.13 and a two-hundred day simple moving average of $218.37.

Read Our Latest Research Report on GE

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.

HWM stock traded up $4.63 during trading on Friday, hitting $184.40. 5,089,161 shares of the company traded hands, compared to its average volume of 2,663,346. The stock's 50-day simple moving average is $178.35 and its 200 day simple moving average is $149.14. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.07. The company has a market cap of $74.44 billion, a PE ratio of 53.92, a P/E/G ratio of 2.64 and a beta of 1.48. Howmet Aerospace has a 1 year low of $85.39 and a 1 year high of $193.26.

Read Our Latest Research Report on HWM

Celestica (CLS)

Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.

CLS stock traded down $5.02 during trading on Friday, hitting $194.84. 4,540,278 shares of the company traded hands, compared to its average volume of 3,943,369. The stock's 50-day simple moving average is $147.75 and its 200 day simple moving average is $116.63. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.44 and a quick ratio of 0.85. The company has a market cap of $22.40 billion, a PE ratio of 42.17 and a beta of 1.80. Celestica has a 1 year low of $40.25 and a 1 year high of $214.47.

Read Our Latest Research Report on CLS

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.

ADI stock traded down $2.92 during trading on Friday, hitting $221.71. 3,740,478 shares of the company traded hands, compared to its average volume of 3,267,364. The stock's 50-day simple moving average is $231.54 and its 200 day simple moving average is $215.66. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.08 and a quick ratio of 1.51. The company has a market cap of $110.02 billion, a PE ratio of 60.41, a P/E/G ratio of 2.07 and a beta of 1.05. Analog Devices has a 1 year low of $158.65 and a 1 year high of $247.73.

Read Our Latest Research Report on ADI

ON Semiconductor (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.

ON stock traded up $0.46 during trading on Friday, hitting $56.82. 14,272,434 shares of the company traded hands, compared to its average volume of 8,418,702. The stock's 50-day simple moving average is $53.83 and its 200 day simple moving average is $47.85. The company has a debt-to-equity ratio of 0.42, a current ratio of 4.95 and a quick ratio of 3.32. The company has a market cap of $23.74 billion, a PE ratio of 39.46, a P/E/G ratio of 4.63 and a beta of 1.45. ON Semiconductor has a 1 year low of $31.04 and a 1 year high of $78.61.

Read Our Latest Research Report on ON

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