Northrop Grumman Corp. Stock Up Thursday, But Underperforms Market in 2023.

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On Thursday, the stock of Northrop Grumman ($NYSE:NOC) Corp. experienced a small jump in price. While this was a welcome sign, it was still not enough to keep Northrop Grumman in step with the market as a whole. Analysts attribute this underperformance to a number of factors, such as the company’s recent acquisition of Orbital ATK, which was met with some criticism from investors.

Additionally, Northrop Grumman’s stock has been dragged down by a number of contracts that have been delayed or canceled due to budgetary issues. As a result, the stock has had difficulty keeping up with the performance of the market overall. Despite these issues, there are still some positive signs for Northrop Grumman in 2023. The company’s sales and earnings have grown steadily throughout the year, and it has secured several new contracts that should bring in additional revenue. Furthermore, analysts expect Northrop Grumman’s stock to rebound in the near future as investors gain greater confidence in the company’s long-term prospects.

Market Price

On Friday, the stock opened at $445.1 and closed at $455.2, a 2.4% increase from its previous closing price of $444.4. Investors remain optimistic as the company is still on its way to achieving future growth and potential despite the rough year it has had in the stock market. Although the company’s stock performance has been mildly disappointing compared to other companies, analysts still remain confident in Northrop Grumman’s long-term growth prospects. Live Quote…

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Northrop Grumman. More…

Key Ratios Snapshot

Some of the financial key ratios for Northrop Grumman are shown below. More…

Analysis

GoodWhale analyzed the fundamentals of NORTHROP GRUMMAN and our Star Chart shows that this company has a high health score of 8/10 indicating its strong cashflows and debt position. This suggests NORTHROP GRUMMAN is capable of sustaining operations in times of crisis. Additionally, GoodWhale classifies NORTHROP GRUMMAN as a ‘cow’, a type of company with a track record of consistent and sustainable dividend payments. This company is attractive to investors looking for a steady dividend income, as well as those seeking out companies with a low risk profile. Furthermore, the company has strong dividend, profitability and medium growth ratings, while its asset rating is weak. Investors looking for a good dividend yield and low risk profile may find NORTHROP GRUMMAN to be an attractive prospect. More…

Peers

The competition between Northrop Grumman Corp and its competitors is fierce. Lockheed Martin Corp, Raytheon Technologies Corp, and General Dynamics Corp are all vying for market share in the defense industry. Its competitors are also strong in these areas, but Northrop Grumman Corp has a distinct advantage in terms of experience and size.

– Lockheed Martin Corp ($NYSE:LMT)

Lockheed Martin is an American aerospace, defense, security, and advanced technologies company with worldwide interests, headquartered in Bethesda, Maryland. The company’s history can be traced back to the merger of two companies in 1995: Lockheed Corporation and Martin Marietta. Lockheed Martin has since diversified its business portfolio and now focuses on five main areas: aeronautics, missiles and fire control, rotary and mission systems, space, and strategic and missile defense.

The company’s market cap as of 2022 is 115.3B, and its ROE is 40.32%. Lockheed Martin is a large and diversified company with a long history and a strong focus on innovation. The company’s size and scale give it a significant competitive advantage in the marketplace.

– Raytheon Technologies Corp ($NYSE:RTX)

Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military, and government customers worldwide. The company was formed in 2020 through the merger of Raytheon Company and United Technologies Corporation.

Raytheon Technologies has a market capitalization of $128.97 billion as of 2022. The company’s return on equity is 5.62%. Raytheon Technologies is a leading provider of aerospace and defense systems and services. The company’s products and services include missiles, precision weapons, radar and sensor systems, aircraft engines, and more.

– General Dynamics Corp ($NYSE:GD)

General Dynamics Corporation is an American aerospace and defense conglomerate formed by mergers and divestitures, and as of 2012, is the fifth-largest defense contractor in the world. It is headquartered in Reston, Virginia. The company has changed markedly in the post–Cold War era of defense consolidation. It has four main business segments: Marine Systems, Combat Systems, Information Systems and Technology, and Aerospace.

General Dynamics’ market cap is 65.65B as of 2022. It’s ROE is 15.16%. The company is an American aerospace and defense conglomerate formed by mergers and divestitures, and as of 2012, is the fifth-largest defense contractor in the world.

Summary

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