Lockheed Martin (NYSE:LMT) Releases Earnings Results, Beats Expectations By $1.09 EPS

Lockheed Martin (NYSE:LMT) issued its earnings results on Tuesday. The aerospace company reported $7.67 EPS for the quarter, beating analysts’ consensus estimates of $6.58 by $1.09, Zacks reports. Lockheed Martin had a return on equity of 101.44% and a net margin of 9.36%. Lockheed Martin updated its FY 2025 guidance to 27.000-27.300 EPS.

Lockheed Martin Stock Up 1.3 %

Shares of Lockheed Martin stock opened at $503.19 on Tuesday. The firm has a market cap of $119.28 billion, a PE ratio of 18.22, a P/E/G ratio of 4.05 and a beta of 0.48. Lockheed Martin has a 52-week low of $413.92 and a 52-week high of $618.95. The business’s 50 day simple moving average is $499.24 and its 200 day simple moving average is $537.29. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.12 and a current ratio of 1.30.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft cut shares of Lockheed Martin from a “buy” rating to a “hold” rating and dropped their price objective for the company from $611.00 to $523.00 in a research note on Thursday, January 2nd. Royal Bank of Canada decreased their price objective on Lockheed Martin from $675.00 to $665.00 and set an “outperform” rating on the stock in a report on Wednesday, October 23rd. StockNews.com downgraded Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Friday, January 3rd. Truist Financial began coverage on Lockheed Martin in a research note on Tuesday, January 14th. They set a “buy” rating and a $579.00 price objective for the company. Finally, Barclays reduced their target price on shares of Lockheed Martin from $565.00 to $515.00 and set an “equal weight” rating on the stock in a research note on Monday, January 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Lockheed Martin presently has an average rating of “Moderate Buy” and a consensus target price of $577.73.

Lockheed Martin Company Profile

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.