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Stock Charts AI Power Rank: 9.4
Power Rank trend -> Rising
07/26/2024 16:10:00 EST
Lockheed Martin Corporation (LMT)
Industry: Aerospace & Defense
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, LMT has been trading in a range between $501.29 and $460.30 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
LMT is breaking above top of the recent 20 day range at $501.29 and appears that it could have some more upside. If it enters a yellow zone the trend may be faltering - consider exiting or taking profits. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Lockheed Martin Corporation $LMT entered a Green zone 11 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $456.08, a potential down side of -13.09% from the recent price of 524.80. The stock is trading 0.36% (potential upside) below its 52 week high of $526.69 and 36.12 % (potential downside) above its 52 week low of $385.54 - based on the recent price.
Company Summary
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies.
News
| Harris Or Trump – Defense Stocks Are Winning, Tech Battle, Personal Income Drops, Trump Crypto Push To gain an edge, this is what you need to know today. Source: Benzinga Fri, 26 Jul 2024 11:30:49 -0400 Sentiment: Negative |
| Lockheed Martin To Rally Over 14%? Here Are 10 Top Analyst Forecasts For Friday Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Source: Benzinga Fri, 26 Jul 2024 10:27:18 -0400 Sentiment: Positive |
| Lockheed Martin: Top Dividend Grower In Aerospace And Defense This article compares financial metrics for five of the largest aerospace and defense companies. I outline why Lockheed Martin is my top choice in the industry, highlighting its dividend, revenue and EPS growth, and profitability. Peers such as Northrop Grumman and L3Harris also show robust fundamentals, but I find Lockheed Martin to be the most attractive long-term investment opportunity, even if it's slightly overvalued. Source: Seeking Alpha Thu, 25 Jul 2024 07:20:59 -0400 Sentiment: Positive |
| Under-the-Radar Stock Set for New Highs After Strong Quarter As the new earnings season kicks off, investors focus mainly on the technology sector and its biggest releases, like Alphabet Inc. NASDAQ: GOOGL. They still await the—arguably—biggest report that is yet to come for NVIDIA Co. NASDAQ: NVDA to prove or disprove the artificial intelligence valuations that the market is placing on some of these stocks. Source: MarketBeat Thu, 25 Jul 2024 07:00:44 -0400 Sentiment: Positive |
| 3 Defense Stocks to Buy as the Geopolitical Temperature Rises Like it or not, defense stocks have always been an important sector of the market. Some might make the argument that it's the most important segment. Source: InvestorPlace Thu, 25 Jul 2024 06:00:00 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 528.64 52 Week Low: 385.5355 Beta: 0.455 50 Day MA: 468.4846 200 Day MA: 451.4518 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.033 Qtr Revenue Growth YOY: 0.086 Forward PE: 17.9211 Trailing PE: 19.0628