Core Insights - Northrop Grumman Corporation (NOC) is a leading aerospace and defense company with a market cap of $81.7 billion, specializing in advanced technology systems for defense, space, and cybersecurity applications [1][2] Company Overview - Northrop Grumman is classified as a "large-cap" stock, serving government and military clients globally, and plays a critical role in national security and defense innovation [2] - The company's core business includes unmanned systems, missile defense, aerospace platforms, cyber solutions, and space systems [1] Stock Performance - NOC shares have declined 10.7% from their 52-week high of $640.90 on October 10, and have dipped 2.7% over the past three months, contrasting with the Dow Jones Industrial Average's 4.6% rise [3] - Year-to-date, NOC stock is up 21.9%, outperforming the Dow's 12.2% gain, and has increased 17% over the past 52 weeks, surpassing the Dow's 5.7% rise [4] Earnings Report - On October 21, Northrop Grumman reported third-quarter earnings with an adjusted EPS of $7.67, exceeding expectations due to improved margins in key business segments [5] - Revenue rose 4% year-over-year to $10.42 billion but fell short of expectations, primarily due to weaker performance in the Space Systems division [5] Analyst Ratings - NOC stock has a consensus rating of "Moderate Buy" from 21 analysts, with a mean price target of $658.50, indicating a 15.1% premium to current levels [6]
Is Northrop Grumman Stock Outperforming the Dow?