Northrop Grumman - NOC Stock Forecast, Price & News

Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, and produces weapons and mission systems. It offers products and services, such as integrated battle management systems, weapons systems and aircraft, and mission systems. This segment also provides command and control and weapons systems, including munitions and missiles; precision strike weapons; propulsion, such as air-breathing and hypersonic systems; gun systems and precision munitions; life cycle service and support for software, weapons systems, and aircraft; and logistics support, sustainment, operation, and modernization for air, sea, and ground systems. The company's Mission Systems segment offers cyber, command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. This segment also provides airborne multifunction sensors; maritime/land systems and sensors; navigation, targeting, and survivability solutions; and networked information solutions. Its Space Systems segment offers satellites and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. The company was founded in 1939 and is based in Falls Church, Virginia.

Northrop Grumman Stock Performance

Shares of NOC Stock opened at $485.50 on Wednesday. The stock has a market cap of $75.11 billion, a PE ratio of 13.51, a P/E/G ratio of 8.98 and a beta of 0.62. Northrop Grumman has a 1 year low of $344.89 and a 1 year high of $492.30. The stock has a fifty day moving average price of $466.22 and a 200 day moving average price of $449.09. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.20 and a current ratio of 1.30.

Analysts Set New Price Targets

Several research firms have recently commented on NOC. Robert W. Baird upgraded shares of Northrop Grumman from a "neutral" rating to an "outperform" rating and boosted their price target for the company from $488.00 to $529.00 in a report on Friday, July 29th. Argus raised their price objective on Northrop Grumman from $420.00 to $495.00 in a research report on Thursday, May 12th. Morgan Stanley raised their price objective on Northrop Grumman from $521.00 to $530.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 12th. StockNews.com raised shares of Northrop Grumman from a "hold" rating to a "buy" rating in a report on Tuesday, August 9th. Finally, Susquehanna Bancshares increased their price target on shares of Northrop Grumman from $520.00 to $530.00 and gave the stock a "positive" rating in a report on Friday, July 29th. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $468.18.

Insider Transactions at Northrop Grumman

In other Northrop Grumman news, CEO Kathy J. Warden sold 10,000 shares of Northrop Grumman stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $481.87, for a total value of $4,818,700.00. Following the transaction, the chief executive officer now owns 134,583 shares in the company, valued at approximately $64,851,510.21. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, VP Sheila C. Cheston sold 4,025 shares of Northrop Grumman stock in a transaction dated Tuesday, August 9th. The stock was sold at an average price of $473.99, for a total value of $1,907,809.75. Following the completion of the transaction, the vice president now directly owns 25,350 shares in the company, valued at $12,015,646.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Kathy J. Warden sold 10,000 shares of the business's stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $481.87, for a total transaction of $4,818,700.00. Following the sale, the chief executive officer now owns 134,583 shares of the company's stock, valued at approximately $64,851,510.21. The disclosure for this sale can be found here. Insiders sold a total of 14,607 shares of company stock worth $7,007,034 over the last ninety days. 0.26% of the stock is currently owned by corporate insiders.