Unveiling Northrop Grumman NOC’s Value: Is It Really Priced Right? A Comprehensive Guide

A quarterly cash dividend of $1.87 per share of Class A Common Stock. The quarterly cash dividend was payable on September 13, 2023 to stockholders of record on August 25, 2023. Northrop Grumman’s stock is owned by a number of retail and institutional investors.

  • Its operating margin is 9.67%, which ranks better than 64.63% of 294 companies in the Aerospace & Defense industry.
  • Northrop Grumman, Lockheed Martin and other defense stocks rose on speculation the attack on Israel by Hamas terrorists that left thousands dead will boost demand for weapons.
  • Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.
  • ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which bitfinex review no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Investing in companies with low financial strength can lead to permanent capital loss.

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. The company’s Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems in the United States and internationally.

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies. Tony Bancroft, Gabelli Funds Portfolio how to become a video game developer Manager, joins ‘Closing Bell Overtime’ to talk the aerospace sector, government spending and more. CNBC’s Morgan Brennan joins ‘Power Lunch’ to discuss defense stocks and concern with government spending. Northrop Grumman, Lockheed Martin and other defense stocks rose on speculation the attack on Israel by Hamas terrorists that left thousands dead will boost demand for weapons.

Northrop Grumman is a diversified defense contractor that provides aeronautics, defense, mission, and space systems. The company’s aerospace segment creates the fuselage for the massive F-35 program and produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber. Defense systems make artillery and missile ammunition and guidance systems, missile defense systems, and conduct maintenance and upgrades on numerous military aircraft.

The consensus among Wall Street equities research analysts is that investors should “hold” NOC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NOC, but not buy additional shares or sell existing shares. Wall Street analysts generally feel the direct impact of the conflict on defense stocks will be small, but will improve the way investors view the sector. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. One of the most important factors in the valuation of a company is growth.

That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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.

Private Companies

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. These returns cover a period from January 1, 1988 through September 4, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

The GF Value is a unique measure that estimates the intrinsic value of a stock. It is calculated based on historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates. The GF Value Line on the summary page provides a snapshot of the fair value at which the stock should ideally be traded. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

Northrop Grumman Corporation

Over the past twelve months, the company had a revenue of $37.90 billion and Earnings Per Share (EPS) of $30.14. Its operating margin is 9.67%, which ranks better than 64.63% of 294 companies in the Aerospace & Defense industry. Overall, GuruFocus ranks the profitability of Northrop Grumman at 9 out of 10, which indicates strong profitability. According to 14 analysts, the average rating for NOC stock is “Buy.” The 12-month stock price forecast is $492.21, which is an increase of 0.42% from the latest price. Northrop Grumman will announce its quarterly financial results in 13 days. Traders should take this into account as the share price often fluctuates around this time period.

Northrop Grumman Estimates* in USD

Sign-up to receive the latest news and ratings for Northrop Grumman and its competitors with MarketBeat’s FREE daily newsletter. Northrop Grumman CEO Kathy Warden joins ‘Closing Bell Overtime’ to talk global security, growth in space tech, the nuclear triad and much more. China has decided to apply sanctions against aerospace and defence firm Northrop Grumman Corp and peer Lockheed Martin Corp for providing weapons to Taiwan, the Chinese foreign ministry said on Friday… Defense sector stocks rose Monday, after war broke out between Israel and Hamas this weekend.

NOC Overview

Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. As an investor, you want to buy stocks with the highest probability of success.

If the ROIC is higher than the WACC, it indicates that the company is creating value for shareholders. Over the past 12 months, Northrop Grumman’s ROIC was 7.75, while its WACC came in at 5.59. Investing in profitable companies, especially those that have demonstrated consistent profitability over the long term, poses less risk.

Top institutional shareholders include National Bank of Canada FI (0.07%), Country Trust Bank (0.05%), Donaldson Capital Management LLC (0.05%), Carnegie Capital Asset Management LLC (0.03%), LVM Capital Management Ltd. Northrop Grumman declared easymarkets broker a quarterly dividend on Wednesday, August 16th. Stockholders of record on Monday, August 28th will be given a dividend of $1.87 per share on Wednesday, September 13th. This represents a $7.48 dividend on an annualized basis and a yield of 1.53%.

The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Plus, NOC info will be updated daily in your Zacks.com Portfolio Tracker – also free.

Northrop Grumman led the sector, with General Dynamics, Lockheed Martin, and RTX also surging. Defense stocks, such as major military contractors Lockheed Martin (LMT) and RTX Corporation (RTX), are starting the week off in the green as markets compose themselves after the deadly Hamas attacks … Havens such as gold and global bonds jump, while airline stocks slide. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Space is hard, but it’s also big — and probably big enough to hold three competing companies offering space tug services.

Mission systems create and integrate a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Finally, space systems produce satellites, sensors, space structures, and manufacture long-range missiles and rocket motors. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

Leave a Comment

Your email address will not be published. Required fields are marked *