Northrop Grumman Corporation (NOC) October 2023 to April 2024

18 Okt 2023

Northrop Grumman Corporation (NOC)

Fundamentals:

• Market Cap: $73.996 billion
  
• EPS (Earnings Per Share): $30.13
  
• P/E Ratio: 16.232
  
• Book Value: $102.293
  
• Operating Margin (TTM): 11.49%
  
• Profit Margin: 12.27%
  
• Return on Assets (TTM): 8.45%
  
• Return on Equity (TTM): 31.91%
  
• Wall Street Target Price: $504.33
  
• Revenue (TTM): $37.881 billion
  
• Gross Profit (TTM): $7.474 billion
  

Recent Earnings:

• Q2 2023: Actual EPS of $5.34 vs. Estimated EPS of $5.33 (Surprise: +0.1876%)
  
• Q1 2023: Actual EPS of $5.5 vs. Estimated EPS of $5.09 (Surprise: +8.055%)
  
• Q4 2022: Actual EPS of $7.5 vs. Estimated EPS of $6.57 (Surprise: +14.1553%)
  

Technical Indicators:

• 52 Week High: $547.6509
  
• 52 Week Low: $414.56
  
• 50-Day Moving Average: $436.8846
  
• 200-Day Moving Average: $453.325
  
• Beta: 0.437 (indicating the stock is less volatile than the market)
  

Dividends:

• Forward Annual Dividend Rate: $7.48
  
• Forward Annual Dividend Yield: 1.53%
  
• Payout Ratio: 29.72%
  

Performance Metrics:
YTD Return: -9.27%
1-Year Return: 4.55%
3-Year Return: 17.6%
5-Year Return: 11.52%
10-Year Return: 19.05%

Analysis:
Northrop Grumman has demonstrated a solid financial performance with a healthy profit margin and return on equity. The company's earnings have been consistently beating estimates, indicating strong operational efficiency. The stock's P/E ratio is relatively moderate, suggesting it might be fairly valued. The company also offers a decent dividend yield, making it attractive for income-seeking investors. However, the stock has underperformed YTD, which might be a concern for short-term investors. Given its industry positioning and financial metrics, it seems to be a stable investment for those looking at the defense sector.