Home / Business / EPS Estimates Lure Passive Investments: Lockheed Martin Corporation (NYSE:LMT)

EPS Estimates Lure Passive Investments: Lockheed Martin Corporation (NYSE:LMT)

Lockheed Martin Corporation (NYSE:LMT) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.47% to close at $264.66 with the total traded volume of 1.24 Million shares. Finally to see some strong financial remarks by WSJ over LMT performance. Out of the pool of analysts 6 gave their BUY ratings on the stock in previous month as 9 analysts having BUY in current month. Majority ranked Overweight from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $3.04 while one month ago this estimate trend was for $3.18. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $12.61 and for the one month was for $12.38 as compared to three months ago was for $12.71. Whereas, LMT received highest price target of 335.00 and low target of 224.00. The stock price target chart showed average price target of 273.65 as compared to current price of 264.66.

The firm has institutional ownership of 80.70%, while insider ownership included 0.03%. Its price to sales ratio ended at 1.67. LMT attains analyst recommendation of 2.20 with week performance of -0.48%.

 

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