Lockheed Martin (LMT) Laps the Stock Market: Here's Why

Core Insights - Lockheed Martin's stock closed at $499.21, reflecting a daily increase of 1.47%, outperforming the S&P 500's gain of 0.41% [1] - The stock has appreciated by 7.98% over the past month, surpassing the Aerospace sector's gain of 3.07% and the S&P 500's gain of 3.15% [1] Earnings Performance - Upcoming earnings per share (EPS) for Lockheed Martin are projected at $6.33, indicating a 7.46% decline from the same quarter last year [2] - Quarterly revenue is expected to reach $18.53 billion, representing an 8.31% increase from the previous year [2] Full Year Projections - For the full year, earnings are estimated at $21.86 per share, reflecting a decrease of 23.22%, while revenue is projected at $74.21 billion, an increase of 4.46% from the prior year [3] - Recent changes in analyst estimates may indicate shifting business dynamics, with positive revisions suggesting a favorable business outlook [3] Valuation Metrics - Lockheed Martin has a Forward P/E ratio of 22.5, which is lower than the industry average of 25.5, suggesting the stock is trading at a discount [6] - The company's PEG ratio stands at 2.19, aligning with the Aerospace - Defense industry's average PEG ratio [7] Industry Ranking - The Aerospace - Defense industry holds a Zacks Industry Rank of 158, placing it in the bottom 37% of over 250 industries [7][8] - The Zacks Rank system indicates that stocks rated 1 (Strong Buy) have historically delivered an average annual return of +25% since 1988, while Lockheed Martin currently holds a Zacks Rank of 3 (Hold) [5]