Tag: $LMT

Lockheed Martin Corp and Ingersoll-Rand PLC beat revenue estimates

LMT – Lockheed Martin Corporation is a global security and aerospace company. It engages in research, design, integration and sustainment of technology systems.

LMT – Lockheed Martin Corporation

Fundamentals Previously closed at 226.3
Day’s high 226.99
Day’s low 225.34
P/E ratio 20.03
EPS 11.46

 

Analysts opinion Today, LMT reached a new all-time high of $231.17 today. It has an ROE of 116.2% and an adjusted ROA of 16%. In its Earnings report today, LMT reported a 15.7% rise in its quarterly sales. LMT acquired Sikorsky Aircraft last November from United Technology corp. Sales for LMT for the quarter was boosted by higher sales of Sikorsky’s F-35 fighter jets. LMT’s aeronautics business accounted for 34% of its total revenue, and saw an increase of 21% this quarter. LMT has raised its outlook for FY 2016.
Sentiments Lockheed beat the revenue estimates by a huge margin of $360 Million, reporting a Q1 revenue of $11.7 Billion, which increased 15.7% YoY. It has also been given a credit rating of A -. Investor sentiments are bullish for the stock.
Social Media Pulse The stock has 100% higher chatter than usual.

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