General Dynamics (GD) Ascends But Remains Behind Market: Some Facts to Note

Company Performance - General Dynamics (GD) closed at $299.45, with a +0.72% change from the previous day, underperforming the S&P 500's gain of 1.19% [1] - Over the past month, GD shares gained 1.35%, lagging behind the Aerospace sector's gain of 3.34% and the S&P 500's gain of 3.35% [1] Upcoming Earnings - General Dynamics is expected to report an EPS of $3.34, reflecting a 23.7% increase from the prior-year quarter [2] - The Zacks Consensus Estimate projects net sales of $11.49 billion, up 13.17% from the year-ago period [2] Full Year Estimates - Analysts expect earnings of $14.55 per share and revenue of $46.72 billion for the full year, indicating changes of +21.05% and +10.53% respectively from last year [3] Analyst Estimates - Recent changes to analyst estimates for General Dynamics reflect near-term business trends, with upward revisions indicating analysts' positivity towards the company's operations [4] Zacks Rank - General Dynamics currently holds a Zacks Rank of 3 (Hold), with the Zacks Rank system showing a strong track record of performance [6] Valuation Metrics - GD has a Forward P/E ratio of 20.43, which is a premium compared to the industry average of 18.22 [7] - The company has a PEG ratio of 1.7, while the Aerospace-Defense industry average PEG ratio is 1.8 [7] Industry Overview - The Aerospace-Defense industry ranks in the top 36% of all industries, with a Zacks Industry Rank of 89 [8]