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.

LMT was given price targets by several analysts. The most optimistic price target was 340, which equates to a potential upside of 18 percent. The most pessimistic analyst gave a price target of 265, implying a possible loss of -8.03 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.77 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.24 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.88 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.84 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 5 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 9 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

LMT has an estimated earnings growth rate of -3.4 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. LMT has a PEG ratio of -6.52.

LMT has traded between a high of 292.97 and a low of 228.50 over the past year. The current market price is above the trailing year's low by 26.1 percent, and 1.65 percent lower than its 52-week 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 will post this quarters earnings in days, on 0000-00-00.