Analyst Ratings for Lockheed Martin Corp. (LMT)Updated: 2017-07-28
An average rating of Overweight has been given to Lockheed Martin Corp. (NYSE:LMT) by analysts covering the stock. LMT had previously received a consensus rating of Overweight a month ago.
A buy rating was issued by 9 analysts, 1 gave an overweight rating, 11 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for LMT. The most optimistic analyst gave a price target of 340, implying potential capital gains of 18 percent. The most pessimistic price target was 265, implying potential capital losses of -8.03 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.77 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 1.24 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.88 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.84 percent.
People are often interested in whether analysts were united in the direction of their revisions. 5 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Over the same time period, 9 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of LMT's earnings is estimated by analysts to be -3.4 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. LMT has a PEG ratio of -6.52.
In the last 52-weeks, LMT has achieved a high of 292.97 and a low of 228.50. Currently the stock is 26.1 percent higher than its low, and 1.65 percent below the high. LMT has a price/earnings ratio of 22.16. Investors typically compare the P/E ratio to a company's peers in the industry. The LMT value stock report compares LMT to some of its peers using value stock charts. The market cap of LMT is $83.47 billion. LMT's next earnings release will be on 0000-00-00, which is days away.