About Orbital ATK (NYSE:OA)
Orbital ATK, Inc. is an aerospace and defense systems company and supplier of related products to the United States Government, allied nations, prime contractors and other customers. The Company's segments include Flight Systems Group, Defense Systems Group, Space Systems Group and Corporate. Its products include launch vehicles and related propulsion systems; satellites and associated components and services; tactical missiles, subsystems and defense electronics, and precision weapons, armament systems and ammunition. The Flight Systems Group segment consists of Launch Vehicles Division, Propulsion Systems Division and Aerospace Structures Division. The Defense Systems Group segment consists of Armament Systems Division, Defense Electronic Division, Missile Products Division and Small Caliber Systems Division. The Space Systems Group consists of Commercial Satellites Division, Government Satellites Division, Space Components Division and Technical Services Division.
Industry, Sector and Symbol:
- Sector: Aerospace
- Industry: Aerospace & Defense
- Sub-Industry: Aerospace & Defense
- Symbol: NYSE:OA
- CUSIP: 01880410
- Web: www.orbitalatk.com
- Market Cap: $7.64 billion
- Outstanding Shares: 57,607,000
- 50 Day Moving Avg: $126.21
- 200 Day Moving Avg: $107.36
- 52 Week Range: $72.06 - $134.59
Sales & Book Value:
- Trailing P/E Ratio: 27.62
- Foreward P/E Ratio: 19.80
- P/E Growth: 2.15
- Annual Revenue: $4.51 billion
- Price / Sales: 1.69
- Book Value: $33.90 per share
- Price / Book: 3.91
- Annual Dividend: $1.28
- Dividend Yield: 1.0%
- EBITDA: $607 million
- Net Margins: 6.11%
- Return on Equity: 15.62%
- Return on Assets: 5.38%
- Debt-to-Equity Ratio: 0.74%
- Current Ratio: 1.89%
- Quick Ratio: 1.66%
- Average Volume: 618,471 shs.
- Beta: -0.3
- Short Ratio: 1.49
Frequently Asked Questions for Orbital ATK (NYSE:OA)
What is Orbital ATK's stock symbol?
Orbital ATK trades on the New York Stock Exchange (NYSE) under the ticker symbol "OA."
How often does Orbital ATK pay dividends? What is the dividend yield for Orbital ATK?
Orbital ATK announced a quarterly dividend on Friday, August 11th. Investors of record on Wednesday, September 6th will be given a dividend of $0.32 per share on Thursday, September 21st. This represents a $1.28 annualized dividend and a dividend yield of 0.96%. The ex-dividend date of this dividend is Friday, September 1st. View Orbital ATK's Dividend History.
How will Orbital ATK's stock buyback program work?
Orbital ATK declared that its board has initiated a stock repurchase program on Friday, April 7th 2017, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 3.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.
How were Orbital ATK's earnings last quarter?
Orbital ATK, Inc. (NYSE:OA) posted its quarterly earnings data on Thursday, August, 3rd. The company reported $1.56 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.45 by $0.11. The company earned $1.12 billion during the quarter, compared to analyst estimates of $1.12 billion. Orbital ATK had a net margin of 6.11% and a return on equity of 15.62%. The business's revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.35 earnings per share. View Orbital ATK's Earnings History.
When will Orbital ATK make its next earnings announcement?
What guidance has Orbital ATK issued on next quarter's earnings?
Orbital ATK updated its FY17 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $5.95-6.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.03. The company issued revenue guidance of $4.60-4.65 billion, compared to the consensus revenue estimate of $4.60 billion.
Where is Orbital ATK's stock going? Where will Orbital ATK's stock price be in 2017?
10 analysts have issued 1-year price objectives for Orbital ATK's stock. Their predictions range from $105.00 to $134.50. On average, they anticipate Orbital ATK's share price to reach $118.81 in the next twelve months. View Analyst Ratings for Orbital ATK.
What are analysts saying about Orbital ATK stock?
Here are some recent quotes from research analysts about Orbital ATK stock:
- 1. According to Zacks Investment Research, "Shares of Orbital ATK have outperformed the industry in the last 12 months. Orbital ATK’s diverse product offering and its involvement in major development and production programs will continue to swell its order book. Orbital ATK’s ongoing R&D work will assist it to churn new products and further expand its defense and commercial market penetration. The company has entered in an agreement to be acquired by Northrop Grumman for $9.2B. However, intense competition in the defense space, risk involved in operation, dependence on government budgets are potential growth deterrents for the company. Fluctuations in foreign currencies may also hurt this stock." (10/16/2017)
- 2. Cowen and Company analysts commented, "Q1 EPS missed Street, although OA affirmed C17 guidance and book/bill was very." (5/11/2017)
Are investors shorting Orbital ATK?
Orbital ATK saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 867,742 shares, an increase of 55.6% from the September 15th total of 557,779 shares. Based on an average daily volume of 1,911,151 shares, the short-interest ratio is currently 0.5 days. Approximately 1.5% of the company's shares are sold short.
Who are some of Orbital ATK's key competitors?
Some companies that are related to Orbital ATK include L-3 Communications Holdings (LLL), Huntington Ingalls Industries (HII), Elbit Systems (ESLT), BWX Technologies (BWXT), Hexcel Corporation (HXL), Moog (MOG.A), Cobham plc (COB), Esterline Technologies Corporation (ESL), Mercury Systems (MRCY), DigitalGlobe (DGI), Triumph Group (TGI), Cubic Corporation (CUB), QinetiQ Group plc (QQ), Kratos Defense & Security Solutions (KTOS), Ultra Electronics Holdings plc (ULE), AeroVironment (AVAV), TASER International (AAXN) and Astronics Corporation (ATRO).
Who are Orbital ATK's key executives?
Orbital ATK's management team includes the folowing people:
- David W. Thompson, President, Chief Executive Officer, Director
- Garrett E. Pierce, Chief Financial Officer
- Frank L. Culbertson Jr., Executive Vice President; President - Space Systems Group
- Blake E. Larson, Chief Operating Officer
- Antonio L. Elias, Executive Vice President, Chief Technical Officer
- Michael A. Kahn, Executive Vice President; President - Defense Systems Group
- Scott L. Lehr, Executive Vice President; President - Flight Systems Group
- Thomas E. McCabe, Senior Vice President, General Counsel, Secretary
- Christine A. Wolf, Senior Vice President - Human Resources
- Christopher Anthony Voci, Principal Accounting Officer, Vice President, Controller
Who owns Orbital ATK stock?
Orbital ATK's stock is owned by a number of of institutional and retail investors. Top institutional investors include Longfellow Investment Management Co. LLC (0.11%), Sit Investment Associates Inc. (0.08%), Narwhal Capital Management (0.06%), State Treasurer State of Michigan (0.04%), Leith Wheeler Investment Counsel Ltd. (0.03%) and Tributary Capital Management LLC (0.03%). Company insiders that own Orbital ATK stock include Christine Ann Wolf, David W Thompson, Frank L Jr Culbertson, Harrison H Schmitt, Scott L Webster and Thomas E Mccabe. View Institutional Ownership Trends for Orbital ATK.
Who sold Orbital ATK stock? Who is selling Orbital ATK stock?
Orbital ATK's stock was sold by a variety of institutional investors in the last quarter, including Private Capital Advisors Inc., State Treasurer State of Michigan and Sit Investment Associates Inc.. Company insiders that have sold Orbital ATK stock in the last year include Christine Ann Wolf, David W Thompson, Frank L Jr Culbertson, Harrison H Schmitt and Thomas E Mccabe. View Insider Buying and Selling for Orbital ATK.
Who bought Orbital ATK stock? Who is buying Orbital ATK stock?
Orbital ATK's stock was bought by a variety of institutional investors in the last quarter, including Longfellow Investment Management Co. LLC, Leith Wheeler Investment Counsel Ltd., Quantitative Systematic Strategies LLC, Tributary Capital Management LLC and Narwhal Capital Management. View Insider Buying and Selling for Orbital ATK.
What is Orbital ATK's stock price today?
MarketBeat Community Rating for Orbital ATK (NYSE OA)MarketBeat's community ratings are surveys of what our community members think about Orbital ATK and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Orbital ATK stock can currently be purchased for approximately $132.69.
Consensus Ratings for Orbital ATK (NYSE:OA) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||7 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.30)|
|Consensus Price Target: ||$118.81 (10.46% downside)|Consensus Price Target History for Orbital ATK (NYSE:OA)
Analysts' Ratings History for Orbital ATK (NYSE:OA)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/6/2017||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|10/5/2017||Jefferies Group LLC||Downgrade||Buy -> Hold||$122.00 -> $134.50||N/A|
|9/21/2017||Stifel Nicolaus||Reiterated Rating||Buy||Low|
|9/19/2017||Cowen and Company||Reiterated Rating||Hold||$134.50||Low|
|9/19/2017||SunTrust Banks, Inc.||Downgrade||Buy -> Hold||$106.00||Low|
|9/19/2017||Argus||Downgrade||Buy -> Hold||Low|
|9/19/2017||CL King||Downgrade||Buy -> Neutral||Low|
|6/5/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Neutral -> Neutral||$106.00||High|
|3/11/2017||Barclays PLC||Reiterated Rating||Overweight||$97.00 -> $105.00||N/A|
|12/5/2016||Deutsche Bank AG||Boost Price Target||Buy||$100.00 -> $110.00||N/A|
|8/11/2016||KeyCorp||Lower Price Target||Overweight||$106.00 -> $98.00||N/A|
|3/2/2016||Credit Suisse Group||Lower Price Target||Outperform||$102.00 -> $100.00||N/A|
Earnings History for Orbital ATK (NYSE:OA)Earnings History by Quarter for Orbital ATK (NYSE OA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/3/2017||Q2 2017||$1.45||$1.56||$1.12 billion||$1.12 billion||View||Listen|
|5/11/2017||Q1 2017||$1.37||$1.23||$1.09 billion||$1.09 billion||View||N/A|
|3/8/2017||Q4 2016||$1.45||$1.26||$1.19 billion||$1.27 billion||View||Listen|
|8/10/2016||Q216||$1.32||$1.35||$1.13 billion||$1.05 billion||View||Listen|
|5/5/2016||Q116||$1.31||$1.31||$1.14 billion||$1.07 billion||View||Listen|
|2/29/2016||Q415||$1.11||$1.45||$1.11 billion||$1.14 billion||View||Listen|
|10/27/2015||Q315||$1.08||$1.35||$1.09 billion||$1.13 billion||View||Listen|
|8/6/2015||Q215||$1.02||$1.28||$1.08 billion||$1.13 billion||View||Listen|
|5/28/2015||Q115||$1.10||$1.14||$1.15 billion||$1.12 billion||View||Listen|
|1/28/2015||Q315||$2.88||$3.02||$1.26 billion||$1.25 billion||View||N/A|
|10/30/2014||Q215||$2.94||$3.00||$1.27 billion||$1.27 billion||View||Listen|
|7/31/2014||Q115||$2.45||$2.86||$1.24 billion||$1.30 billion||View||Listen|
|5/15/2014||Q414||$2.40||$2.59||$1.32 billion||$1.30 billion||View||Listen|
|1/30/2014||Q314||$2.00||$2.87||$1.19 billion||$1.20 billion||View||Listen|
|11/7/2013||Q214||$2.22||$2.86||$1.09 billion||$1.14 billion||View||Listen|
|8/1/2013||Q1 2014||$1.93||$2.24||$1.03 billion||$1.08 billion||View||Listen|
|5/2/2013||Q4 2013||$1.98||$2.23||$1.09 billion||$1.15 billion||View||Listen|
|2/5/2013||Q3 2013||$1.71||$2.03||$1,000.00 million||$1.06 billion||View||Listen|
|11/1/2012||Q213||$1.48||$1.86||$990.50 million||$1.07 billion||View||N/A|
Earnings Estimates for Orbital ATK (NYSE:OA)
2017 EPS Consensus Estimate: $6.18
2018 EPS Consensus Estimate: $6.65
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Orbital ATK (NYSE:OA)
|Most Recent Dividend:||9/21/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||20.71% (Based on This Year's Estimates)|
19.10% (Based on Next Year's Estimates)
Dividend History by Quarter for Orbital ATK (NYSE OA)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Orbital ATK (NYSE:OA)
Insider Ownership Percentage: 1.20%Insider Trades by Quarter for Orbital ATK (NYSE:OA)
Institutional Ownership Percentage: 85.42%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/15/2017||Frank L. Jr. Culbertson||Insider||Sell||200||$108.39||$21,678.00|| |
|8/15/2017||Frank L. Jr. Culbertson||Insider||Sell||200||$109.00||$21,800.00|| |
|8/4/2017||Frank L. Jr. Culbertson||Insider||Sell||2,002||$105.89||$211,991.78|| |
|7/28/2017||Thomas E. Mccabe||VP||Sell||400||$101.60||$40,640.00|| |
|7/17/2017||Frank L. Jr. Culbertson||Insider||Sell||200||$101.91||$20,382.00|| |
|6/8/2017||Harrison H Schmitt||Director||Sell||500||$99.28||$49,640.00|| |
|6/2/2017||David W Thompson||Insider||Sell||5,000||$104.71||$523,550.00|| |
|6/1/2017||Thomas E Mccabe||VP||Sell||3,533||$103.24||$364,746.92|| |
|5/31/2017||Christine Ann Wolf||VP||Sell||5,039||$101.54||$511,660.06|| |
|4/28/2017||Harrison H. Schmitt||Director||Sell||1,000||$99.01||$99,010.00|| |
|4/28/2017||Thomas E Mccabe||VP||Sell||1,922||$99.00||$190,278.00|| |
|8/3/2016||Thomas E Mccabe||VP||Sell||152||$86.47||$13,143.44|| |
|6/2/2016||Frank L Jr. Culbertson||EVP||Sell||550||$88.76||$48,818.00|| |
|5/17/2016||David W Thompson||CEO||Sell||5,000||$87.02||$435,100.00|| |
|3/17/2016||Thomas E Mccabe||VP||Sell||495||$79.76||$39,481.20|| |
|2/17/2016||Thomas E Mccabe||VP||Sell||1,501||$83.79||$125,768.79|| |
|2/4/2016||Thomas E Mccabe||VP||Sell||1,461||$88.87||$129,839.07|| |
|1/6/2016||Scott L Webster||Director||Sell||1,392||$94.00||$130,848.00|| |
|1/4/2016||Scott L. Webster||Director||Sell||2,519||$88.88||$223,888.72|| |
|12/14/2015||Frank L Jr. Culbertson||EVP||Sell||500||$83.14||$41,570.00|| |
|11/6/2015||Scott L Webster||Director||Sell||1,407||$84.40||$118,750.80|| |
|8/31/2015||Frank L Jr. Culbertson||EVP||Sell||1,000||$76.00||$76,000.00|| |
|6/9/2015||Mark W Deyoung||Director||Sell||144,221||$73.90||$10,657,931.90|| |
|6/4/2015||Blake E Larson||COO||Sell||5,000||$72.69||$363,450.00|| |
|3/5/2015||Mark W Deyoung||Director||Sell||48,751||$67.69||$3,299,955.19|| |
|11/11/2013||Christine Ann Wolf||VP||Sell||1,498||$114.74||$171,880.52|| |
Headline Trends for Orbital ATK (NYSE:OA)
Latest Headlines for Orbital ATK (NYSE:OA)
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Orbital ATK (OA) Chart for Monday, October, 23, 2017