Why Lockheed Martin (LMT) Outpaced the Stock Market Today

Company Performance - Lockheed Martin's stock closed at $442.07, reflecting a +1.63% increase compared to the previous day, outperforming the S&P 500's gain of 0.16% [1] - Over the last month, Lockheed Martin's shares decreased by 1.2%, underperforming the Aerospace sector's gain of 5.69% and the S&P 500's loss of 3.59% [1] Upcoming Earnings - Analysts expect Lockheed Martin to report earnings of$ 6.42 per share, indicating a year-over-year growth of 1.42% [2] - The consensus estimate for revenue is $17.74 billion, representing a 3.19% increase from the same quarter last year [2] Annual Estimates - For the annual period, earnings are anticipated to be$ 27.15 per share, with revenue projected at $74.27 billion, reflecting changes of -4.64% and +4.55% respectively from the previous year [3] - Recent changes in analyst estimates suggest a positive outlook for the company's business trends [3] Valuation Metrics - Lockheed Martin has a Forward P/E ratio of 16.02, which is below the industry average of 21.66 [6] - The company holds a PEG ratio of 2.06, compared to the industry average PEG ratio of 1.88 [6] Industry Ranking - The Aerospace - Defense industry, which includes Lockheed Martin, has a Zacks Industry Rank of 142, placing it in the bottom 44% of over 250 industries [7] - The Zacks Industry Rank indicates that top-rated industries tend to outperform lower-rated ones by a factor of 2 to 1 [7]