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NYSE:NOC

Northrop Grumman (NOC) Stock Price, News & Analysis

$436.57
-1.37 (-0.31%)
(As of 10:14 AM ET)
Today's Range
$436.12
$438.35
50-Day Range
$423.42
$476.65
52-Week Range
$414.56
$496.89
Volume
85,606 shs
Average Volume
961,247 shs
Market Capitalization
$64.61 billion
P/E Ratio
30.53
Dividend Yield
1.89%
Price Target
$510.36

Northrop Grumman MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
16.5% Upside
$510.36 Price Target
Short Interest
Healthy
1.13% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.57
Upright™ Environmental Score
News Sentiment
0.73mentions of Northrop Grumman in the last 14 days
Based on 24 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.90%
From $24.71 to $27.65 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.70 out of 5 stars

Aerospace Sector

1st out of 41 stocks

Search & Navigation Equipment Industry

1st out of 11 stocks

NOC stock logo

About Northrop Grumman Stock (NYSE:NOC)

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. 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, integrates, and produces tactical weapons and missile defense solutions, and provides sustainment, modernization, and training services for manned and unmanned aircraft and electronics systems. It also offers integrated, all-domain command, and control battle management systems, precision strike weapons; high speed air-breathing and hypersonic systems; high-performance gun systems, ammunition, precision munitions and advanced fuzes; aircraft and mission systems logistics support, sustainment, operations and modernization; and warfighter training services. The company's Mission Systems segment offers 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. Its Space Systems segment offers satellites, spacecraft systems, subsystems, sensors, and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. Northrop Grumman Corporation was founded in 1939 and is based in Falls Church, Virginia.

NOC Stock Price History

NOC Stock News Headlines

Tanks in hangar storage
Top 3 Defense Stocks That Should Be on Your Radar
The defense industry stands as a cornerstone of global security, and its importance continues to grow with rising geopolitical complexities. As governments worldwide prioritize national defense and allocate significant budgets to bolster military capabilities, the defense sector presents multiple compelling investment opportunities.
Tanks in hangar storage
Top 3 Defense Stocks That Should Be on Your Radar (NOC)
The defense industry offers investors stability, technological innovation, and a compelling growth story.
Kiss of death from Joe Biden
If you’ve worked hard, saved, and followed the rules for decades… you cannot ignore this imminent threat because as it comes to a head this November, it could destroy millions of Americans.
Northrop Grumman secures $1.46B Navy contract modification
3 Dividend Stocks to Buy Now: Q3 Edition
Kiss of death from Joe Biden
If you’ve worked hard, saved, and followed the rules for decades… you cannot ignore this imminent threat because as it comes to a head this November, it could destroy millions of Americans.
3 Defense Stocks to Buy if Biden Wins in November
3 Blue-Chip Stocks to Buy at a 52-Week Low in July
3 Blue-Chip Stocks to Buy at a 52-Week Low in July
StockNews.com Upgrades Northrop Grumman (NYSE:NOC) to "Buy"
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Ex-Dividend for 6/12 Dividend
5/24/2024
Dividend Payable
6/12/2024
Today
7/22/2024
Next Earnings (Confirmed)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Search & navigation equipment
Sub-Industry
Aerospace & Defense
CUSIP
66680710
Employees
101,000
Year Founded
1939

Price Target and Rating

Average Stock Price Target
$510.36
High Stock Price Target
$615.00
Low Stock Price Target
$435.00
Potential Upside/Downside
+16.5%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
14 Analysts

Profitability

Net Income
$2.06 billion
Pretax Margin
6.18%

Debt

Sales & Book Value

Annual Sales
$40.12 billion
Cash Flow
$32.51 per share
Book Value
$98.61 per share

Miscellaneous

Free Float
147,664,000
Market Cap
$64.81 billion
Optionable
Optionable
Beta
0.33

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Should I Buy Northrop Grumman Stock? NOC Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Northrop Grumman Co.:

  • Northrop Grumman's stock price is currently trading at an attractive level, providing a potential entry point for investors.
  • The company has consistently increased its dividend, offering investors a reliable income stream.
  • Northrop Grumman has a strong return on equity of 24.09%, indicating efficient use of shareholder funds.
  • The company's recent quarterly earnings report exceeded analyst expectations, demonstrating strong financial performance.
  • Northrop Grumman operates in the aerospace and defense technology sector, which tends to be resilient and stable even during economic downturns.

Cons

Investors should be bearish about investing in Northrop Grumman Co. for these reasons:

  • There are concerns about the company's stock trading below its 50-day and 200-day moving averages, indicating potential short-term weakness.
  • Northrop Grumman's current P/E ratio of 30.49 may be considered high by some investors, suggesting the stock could be overvalued.
  • Analysts have mixed ratings on the stock, with a consensus of "Hold," which could signal uncertainty in the market regarding the company's future performance.
  • The company's debt-to-equity ratio of 1.04 may raise concerns about its leverage and financial stability.
  • While Northrop Grumman has a history of solid performance, there may be regulatory or geopolitical risks associated with its industry that could impact future growth.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these Northrop Grumman pros and cons to contact@marketbeat.com.

NOC Stock Analysis - Frequently Asked Questions

How have NOC shares performed this year?

Northrop Grumman's stock was trading at $468.14 at the beginning of 2024. Since then, NOC shares have decreased by 6.5% and is now trading at $437.94.
View the best growth stocks for 2024 here
.

How were Northrop Grumman's earnings last quarter?

Northrop Grumman Co. (NYSE:NOC) announced its quarterly earnings data on Thursday, April, 25th. The aerospace company reported $6.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.83 by $0.49. The business's revenue for the quarter was up 8.9% on a year-over-year basis.
Read the conference call transcript
.

What is Kathy Warden's approval rating as Northrop Grumman's CEO?

610 employees have rated Northrop Grumman Chief Executive Officer Kathy Warden on Glassdoor.com. Kathy Warden has an approval rating of 85% among the company's employees.

Does Northrop Grumman have any subsidiaries?

Northrop Grumman subsidiaries include these companies: Orbital ATK, Northrop Grumman Integrated Defence Services, Qantas Defence Services, M5 Network Security, Sonoma Photonics, 3001 International, Xinetics, and others.

Who are Northrop Grumman's major shareholders?

Northrop Grumman's top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.24%), Raymond James & Associates (0.15%), Manning & Napier Advisors LLC (0.14%) and ZWJ Investment Counsel Inc. (0.07%). Insiders that own company stock include Kathy J Warden, Sheila C Cheston, Mark A Caylor, David T Perry, Michael A Hardesty, Thomas L Wilson Jr, Kathryn G Simpson, Roshan S Roeder, Mary D Petryszyn, Karl J Krapek and Thomas H Jones.
View institutional ownership trends
.

How do I buy shares of Northrop Grumman?

Shares of NOC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Northrop Grumman own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Northrop Grumman investors own include RTX (RTX), Lockheed Martin (LMT), NVIDIA (NVDA), Boeing (BA), Home Depot (HD), Micron Technology (MU) and Walt Disney (DIS).

This page (NYSE:NOC) was last updated on 7/22/2024 by MarketBeat.com Staff

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