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.

Several price targets were given for LMT by the analysts covering the stock. The highest price target was 340, implying a possible profit of 18 percent. The lowest price target was 265, implying a possible loss of -8.03 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.77 percent. That number becomes 1.24 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 5 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Also over the last month, 9 analysts increased their estimates for the FY 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 that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of LMT is -6.52.

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