Wolfe Research raised the price target for the Northrop Grumman Corporation (NYSE:NOC) stock from “an Outperform” to “a Peer perform”. The rating was released on January 11, 2022. The research report from Jefferies has downgraded the stock from Buy to Hold, with a price target set at $410. The stock was reiterated by Wolfe Research, who disclosed in a research note on October 29, 2021, to Outperform and set the price objective to $437. In their research brief published October 29, 2021, UBS analysts reiterated the Northrop Grumman Corporation stock to Neutral with a price target of $350.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of Northrop Grumman Corporation (NYSE:NOC) raised 1.47% to close Friday’s market session at $403.45, higher as compared to yesterday’s close. The stock price fluctuated between $395.88 and $404.00 throughout the trading session with the volume trading being 929336 shares, which represented a significant variation when compared to the three months average volume of 757.06K shares. The firm’s stock price fluctuated 0.76% within the last five trades and 6.50% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 13.65% in the last 6 months and 2.05% was added to its value over the previous 3 months. NOC stock is trading at a margin of 3.94%, 8.53% and 10.19% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, NOC deals in the Industrials domain. The stock is trading -1.12 percent below its 52-week high and 42.62 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 33.65. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Northrop Grumman Corporation’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 16.10 percent and the profit margin is 12.40 percent, and the company has reported a gross margin of 21.00 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $63.46 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Northrop Grumman Corporation (NYSE:NOC) is 14.18. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 16.09. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.70 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 5.65, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.10 percent of Northrop Grumman Corporation shares are owned by insiders, and 83.40 percent are held by financial institutions. Caylor Mark A, the CVP & Pres, Mission Systems at Northrop Grumman Corporation (NOC) has sold 427 shares of firm on Dec 08 at a price of $363.54 against the total amount of $0.16 million. In another inside trade, KRAPEK KARL J, Director of Northrop Grumman Corporation (NYSE:NOC) sold 2,800 shares of the firm on Nov 11 for a total worth of $1.0 million at a price of $357.25. An inside trade which took place on Aug 17, CVP & Pres Aeronautics Systems of Northrop Grumman Corporation Jones Thomas H sold 235 shares of firm against total price of $86950.0 at the cost of $370.00 per share.