Lockheed Martin Stock Intrinsic Value – Lockheed Martin’s Bullish Momentum Strengthens with Upgraded Rating
December 3, 2023
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Lockheed Martin ($NYSE:LMT), the world’s largest defense contractor, has recently seen its stock ratings upgraded from “sector perform” to “outperform” by RBC Capital Markets. This is a strong sign of bullish momentum, as the upgraded rating puts Lockheed Martin on the top of the list of the most attractive defense stocks. The company has a long history of success, with a portfolio that includes some of the world’s most advanced military aircraft, missiles, satellites, and other defense systems. For over a century, Lockheed Martin has been at the forefront of the aerospace and defense industries, setting the standard for innovation and excellence in products and services.
Additionally, Lockheed Martin has also ventured into commercial markets with their offering of satellite launch services and space systems. With its unparalleled record of innovation and industry leadership, Lockheed Martin is well positioned to capitalize on current and future market trends.
Market Price
On Monday, Lockheed Martin stock opened at $451.9 and closed at $445.5, down 1.4% from the last closing price of $452.0. Despite the minor dip in share price, Lockheed Martin’s bullish momentum continues to strengthen following an upgrade to its rating last week. The defense contractor’s stock was upgraded from a “Sell” to a “Hold” rating by analysts at Berenberg Bank, boosting investor confidence in the company.
Lockheed Martin’s stock price has been steadily increasing since the start of the year, and the upgraded rating is only likely to add to the bullish momentum. For investors looking to capitalize on long-term returns, now could be the perfect time to invest in the defense industry giant. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lockheed Martin. More…
| Total Revenues | Net Income | Net Margin |
| 67.69k | 6.97k | 10.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lockheed Martin. More…
| Operations | Investing | Financing |
| 7.48k | -1.8k | -4.56k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lockheed Martin. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 56.67k | 47.39k | 37.55 |
Key Ratios Snapshot
Some of the financial key ratios for Lockheed Martin are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.8% | -0.2% | 13.3% |
| FCF Margin | ROE | ROA |
| 8.6% | 60.8% | 9.9% |
Analysis – Lockheed Martin Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of LOCKHEED MARTIN‘s current wellbeing. Through our proprietary Valuation Line, we have found that the fair value of LOCKHEED MARTIN share is around $450.9. However, as of now, the stock is being traded at $445.5 – a fair price that is undervalued by 1.2%. We believe that investors should take this opportunity to invest in this stock, as it is likely to provide a good return on investment in the future. More…
Peers
The U.S. Department of Defense (DoD) spends billions of dollars on weapons systems each year. Major weapons systems contractors compete for these funds. The competition among these companies is fierce. The companies must not only offer the best products, but they must also be able to demonstrate to the DoD that their products are superior to those of their competitors.
Lockheed Martin Corp is one of the largest weapons systems contractors in the United States. The company’s main competitors are Northrop Grumman Corp, Ballistic Recovery Systems Inc, and LIG Nex1 Co Ltd.
– Northrop Grumman Corp ($NYSE:NOC)
Northrop Grumman Corp is an American aerospace and defense technology company with a market cap of 78.41B as of 2022. The company has a Return on Equity of 34.54%. Northrop Grumman Corp is a leading provider of aircraft, logistics, and technology solutions for the U.S. military, government, and commercial customers. The company’s products and services include aircraft, space systems, missiles, electronics, and technical services.
– Ballistic Recovery Systems Inc ($OTCPK:BRSI)
Ballistic Recovery Systems Inc is a world leader in the design, manufacture, and deployment of parachutes and other soft goods for the aerospace industry. The company has a market cap of 4.19M as of 2022 and a ROE of -159.06%. Ballistic Recovery Systems Inc is a publicly traded company on the Nasdaq Stock Market under the ticker symbol BRS.
– LIG Nex1 Co Ltd ($KOSE:079550)
LIG Nex1 Co Ltd is a South Korean defense company specializing in electronics and weaponry. It was founded in 1999 and is headquartered in Seoul. The company has a market cap of 1.87T as of 2022 and a Return on Equity of 14.92%. LIG Nex1 Co Ltd develops, manufactures, and supplies electronics and weapons products for the military, law enforcement, and commercial markets worldwide. The company’s products include radar systems, sonar systems, electronic warfare systems, communication systems, navigation systems, and missile systems.
Summary
Lockheed Martin has seen an increase in its share price over the past few months, and recently received an upgrade to its rating from Morningstar. The company is now positioned as a strong positive return investment, and analysts are expecting further stock gains. The company has a strong balance sheet and good cash position, which helps to provide shareholders with strong returns.
Lockheed Martin is seeing strong demand for its products and services, and is well-positioned to benefit from defense contracts and other government initiatives. Analysts believe that the company’s strong financials and potential for growth make it a strong investment option.
