Stock price performance of Lockheed Martin Corporation is analyzed for various periods using several stock trading signals. The stock price have dropped -1.82% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 0.13% . Looking at the past 52 week period, the stock price is up at 20.06% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Lockheed Martin Corporation has a positive value of 12.84 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 0.33% and the 50-Day Moving Average is 1.51%.The 200 Day SMA reached 3.67%
Lockheed Martin Corporation is having a Relative Strength Index of 48.02 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Lockheed Martin Corporation (NYSE:LMT) rallied by 0.38% during the past week but lost 1.31% on a 4-week basis. The company has outperformed the S&P 500 by 0.26% in the past week but underperformed the index by 2.19% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Aug 5, 2016, Sondra L Barbour (Executive Vice President) sold 66,460 shares at 255.89 per share price.On Apr 29, 2016, Maryanne Lavan (SVP & General Counsel) sold 21,720 shares at 233.17 per share price.On Apr 29, 2016, Marillyn A Hewson (Chairman, Pres. & CEO) sold 25,000 shares at 233.38 per share price.
Lockheed Martin Corporation Last issued its quarterly earnings results on Jan 24, 2017. The company reported $3.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.21. Analyst had a consensus of $3.04. The company had revenue of $13752.00 million for the quarter, compared to analysts expectations of $12994.70 million. The companys revenue was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.01 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Lockheed Martin Corporation was Reiterated by RBC Capital Mkts on Jan 25, 2017 to Sector Perform, Lowers Price Target to $ 263 from a previous price target of $265 .Lockheed Martin Corporation was Initiated by RBC Capital Mkts on Jan 12, 2017 to Sector Perform, Price Target of the shares are set at $265.Company shares were Upgraded by Stifel on Nov 14, 2016 to Buy, Raises Price Target to $ 290 from a previous price target of $260 .Company shares were Upgraded by Barclays on Nov 10, 2016 to Equal Weight, Raises Price Target to $ 275 from a previous price target of $245 .Lockheed Martin Corporation was Upgraded by Deutsche Bank to Buy on Nov 9, 2016.
Lockheed Martin Corporation (NYSE:LMT) : On Friday heightened volatility was witnessed in Lockheed Martin Corporation (NYSE:LMT) which led to swings in the share price. The stock opened for trading at $252.67 and hit $256.46 on the upside , eventually ending the session at $254.46, with a gain of 0.99% or 2.49 points. The heightened volatility saw the trading volume jump to 1,803,657 shares. The 52-week high of the share price is $269.9 and the company has a market cap of $73,737 million. The 52-week low of the share price is at $203.65 .
Lockheed Martin Corp. is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The corporations core businesses are systems integration, space, aeronautics, and technology services. (Company Press Release)