Mayflower Financial Advisors LLC Reduces Stake in Lockheed Martin Co. Stock
December 29, 2022
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Lockheed Martin ($NYSE:LMT) is a global leader in the aerospace, defense, and technology industry. It has a strong presence in both the government and commercial markets. Recently, Mayflower Financial Advisors LLC has reduced its stake in Lockheed Martin Co. stock. This comes as Lockheed Martin Co. stock has been on a steady decline since January of this year. It has struggled against the overall market downturn and its share prices have been consistently dropping. Despite this, analysts still remain optimistic about the company’s future prospects.
Mayflower Financial Advisors LLC is a private equity firm that invests in high-growth companies in the technology and consumer sectors. It has a successful track record of investing in companies that have both short-term and long-term potential. The firm is known for its active portfolio management strategy and its ability to identify early-stage companies with a lot of growth potential. It could simply be an attempt to diversify its portfolio and reduce risk. Only time will tell if this move will pay off for Mayflower Financial Advisors LLC in the long run.
Price History
At the time of writing, the news sentiment was mostly positive. Lockheed Martin stock opened at $485.0 and closed at $485.5, up by 0.5% from its prior closing price of $483.3. The news stirred up a bit of speculation among investors, as to why Mayflower Financial Advisors had decided to reduce their stake in Lockheed Martin stock.
However, the company has yet to make a statement regarding the matter. Regardless, Lockheed Martin’s stock price remained steady throughout the day and managed to close slightly above its opening price. This indicates that investors are still confident in the company’s performance and do not anticipate any major changes anytime soon. Investors are still optimistic about their prospects and the stock remains relatively stable. It will be interesting to see if this trend continues in the coming days and weeks. 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 |
| 64.72k | 5.87k | 9.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lockheed Martin. More…
| Operations | Investing | Financing |
| 10.14k | -1.52k | -8.92k |
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 |
| 52.03k | 40.06k | 43.11 |
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 |
| 3.5% | 0.7% | 11.7% |
| FCF Margin | ROE | ROA |
| 13.2% | 40.3% | 9.1% |
VI Analysis
LOCKHEED MARTIN is a publicly traded company, and its fundamentals reflect its long term potential. An analysis of the company’s financial and business aspects has been conducted through the VI App, which has determined that LOCKHEED MARTIN is a medium risk investment. This analysis includes a risk rating for the company and has identified two risk warnings in the income sheet and balance sheet. The VI App provides a comprehensive overview of the company’s financials, and its ability to detect potential risks makes it a valuable tool for investors. This can help investors make informed decisions based on an accurate assessment of the company’s financials. Additionally, the app provides a clear view of the company’s overall performance and can help investors identify areas of potential weakness or strength. The risk rating of LOCKHEED MARTIN and its risk warnings can provide investors with an understanding of the company’s current and future potential. By understanding the risks associated with investing in LOCKHEED MARTIN, investors can make informed decisions about the company. With this information at their disposal, investors will be able to better manage their portfolios and make decisions that will benefit them in the long run. More…
VI 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
Investors have been keeping a close eye on Lockheed Martin Corporation (LMT) stock recently, as Mayflower Financial Advisors LLC recently reduced its stake in the company. At the time of writing, the news sentiment regarding Lockheed Martin is mostly positive, as it has seen an increase in value over the past few months. Analysts are optimistic about the company’s prospects and believe its impressive portfolio of defense and aerospace products and services will continue to drive growth. Long-term investors may want to consider buying into the stock, as its strong financials, solid history of dividends and robust backlog of orders suggest that it has a bright future ahead.
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