It has been about a month since the last earnings report for Lockheed Martin (LMT) . Shares have lost about 1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Lockheed due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Lockheed Q4 Earnings Beat Estimates, Sales Decli ...

In the latest market close, Lockheed Martin (LMT) reached $427.55, with a +0.77% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.13%. On the other hand, the Dow registered a gain of 0.13%, and the technology-centric Nasdaq decreased by 0.32%.The the stock of aerospace and defense company has fallen by 3.5% in the past month, lagging the Aerospace sector's gain of 1.7% and the S&P 500's gain of 2.99%.Market participants will be closely following the financial results o ...

guvendemir Introduction The aerospace & defense industry is one of the cornerstones of my research. Not only does it make sense to stay on top of important developments, given my >25% exposure to this industry, but I believe that (most) defense contractors offer terrific long-term value thanks to anti-cyclical demand, dominant supply chains, and a focus on shareholder value. My largest investment is Lockheed Martin (NYSE:LMT), which accounts for roughly 8% of my entire dividend growth portfolio. However ...

Lockheed Martin (LMT 0.23%) received some support recently, with a Citigroup analyst reiterating a buy recommendation and a price target of $508. Budget cuts coming?The stock had come under pressure after a Reuters article claimed that President Biden wants an 18% reduction in the number of F-35s the Pentagon orders next year as the administration looks to make savings to meet Congress spending caps.However, as the analyst notes, history suggests this kind of speculation isn't new, and the result is usually ...

Lockheed Martin Corporation (NYSE:LMT) TD Cowen 45th Annual Aerospace & Defense Conference February 14, 2024 10:00 AM ET Company Participants Jay Malave - Chief Financial Officer Conference Call Participants Cai von Rumohr - TD Cowen Cai von Rumohr Okay. So we're going to move on. We're delighted to have with us Lockheed Martin and their Jay Malave. And Jay, you're going to read a Reg FD statement to start. Jay Malave Statements made today that are not historical facts are considered forward-looking stateme ...

Lockheed Martin Corp.’s (LMT) Space business unit recently clinched a modification contract involving support for a missile flight test. The award has been offered by the Strategic Systems Programs, Washington, D.C.Details of the DealValued at $193.8 million, the contract is expected to be completed by Feb 25, 2025. Per the terms of the deal, Lockheed will provide design, development, build, and integration of equipment for missile flight test demonstrations and fielding.A major portion of the work related ...

Insider trading has been a significant problem in US politics, with various senators, representatives, and politicians seated in committees that grant them access to information that allows them to beat the market.In the midst of these, one trade raises suspicion, mainly because of the subsequent post from the same politician that may have grave and long-lasting consequences.Congresswoman Kathy Manning posted her reaction after the news of the killings of 3 US service members in Jordan, calling for holding ...

With a land war in Europe, a Red Sea conflict escalating by the day, and China's naval buildup causing nerves to jangle across Southeast Asia, you might think 2023 would have been a great year to be in the defensive weapons business. For defense contracting giant Lockheed Martin (LMT 0.08%), however, it was rather ho-hum.Reporting fourth-quarter (and therefore full-year) results last week, Lockheed Martin was forced to admit that 2023 sales inched up only 2.4% in comparison to 2022, to $67.6 billion. On pro ...

Lockheed Martin Corporation (LMT) recently received a Letter of Offer and Acceptance from the Czech Republic government for its 5th Generation F-35 Lightning II aircraft. This should expand LMT’s international revenues in the coming years.Czech Republic’s government intends to procure 24 F-35 Lightning II jets and will receive the first aircraft in 2031. Alongside, LMT will provide personnel training, service and logistical support, and other support services to the country. Significance of F-35The F-35 is ...

Lockheed Martin (LMT 0.86%) stock dropped after the defense company's recent results, but is that creating a buying opportunity? After all, the company is involved in multiyear programs with highly reliable customers in an environment of heightened geopolitical tensions. Let's look at the results so you can make an informed decision about the matter.Disappointing earningsThe earnings report was not good. I want to highlight three specific points, the first being seen in the table below. While sales growth i ...