Make Sure You Stick With Northrop Grumman Corp. (NOC). It’s Bull Time Again

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed Northrop Grumman Completes First Production Delivery for the US Army’s Integrated Battle Command System.

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Stocks Info

Northrop Grumman Corp. is listed on the NYSE in the Industrials sector while operating in the Aerospace & Defense industry. At the end of the last regular session, the stock closed at $446.58 and fluctuated between $447.74 as its day high and $441.50 as its day low. The current market capitalization of Northrop Grumman Corp. is $67.00B. A total of 1.62 million shares were traded on the day, compared to an average of 832.21K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, NOC has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 1,670 shares. Over the last 12 months, there were 51 BUYs and 49 SELLs from insiders. Insiders purchased 130,553 shares during that period but sold 73,074.

In the most recent transaction, Caylor Mark A sold 1,670 shares of NOC for 472.62 per share on Nov 06. After the transaction, the CVP & Pres, Mission Systems now owns 12,900 company shares. In a previous transaction on Oct 09, ROEDER ROSHAN S sold 1,007 shares at 465.00 per share. NOC shares that CVP & Pres. Defense Systems owns now total 913.

Among the insiders who sold shares, Caylor Mark A disposed of 1,670 shares on Aug 07 at a per-share price of $437.87. This resulted in the CVP & Pres, Mission Systems holding 14,570 shares of NOC after the transaction. In another insider transaction, Perry David T sold 3,999 shares at $469.65 per share on Mar 06. Company shares held by the CVP Chief Global Bus Off now total 8,717.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Northrop Grumman Corp. pays an annual dividend of $7.85, resulting in a dividend yield of 1.76%, and it has a price to earnings (P/E) ratio of 33.16. NOC’s most recent ex-dividend date was 11/24/2023 when it declared a $1.87 quarterly dividend that was paid in cash on 12/13/2023. Previously, the company paid the dividend on 9/13/2023 with an ex-dividend date of 8/25/2023. The NOC stock dividend was $1.87 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for NOC in the last 3 months, the mean price target is $490.30 with high estimates of $615.00 and low estimates of $385.00. In terms of 52-week highs and lows, NOC has a high of $496.89 and a low of $414.56.

As of this writing, NOC has an earnings estimate of $5.72 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $5.86 per share and a lower estimate of $5.48. The company reported an EPS of $6.18 in the last quarter, which was 6.40% higher than expectations of $5.81.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. NOC’s latest balance sheet shows that the firm has $3.53B in Cash & Short Term Investments as of fiscal 2021. There were $14.37B in debt and $9.53B in liabilities at the time. Its Book Value Per Share was $98.56, while its Total Shareholder’s Equity was $12.93B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NOC is Buy with a score of 3.47.

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