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The analysts are the most positive on the Defense sector, while their… Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

  • Only 21 people have added General Dynamics to their MarketBeat watchlist in the last 30 days.
  • Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.
  • Roman Schweizer, Cowen defense and aerospace analyst, joins ‘The Exchange’ to discuss the state of national security and how it could affect defense stocks.
  • NA1.94Shareholder percentage totals can add to more than 100% because some holders are included in the free float.
  • Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.
  • Based on the recent corporate insider activity of 107 insiders, corporate insider sentiment is negative on the stock.

General Dynamics’ first-quarter revenues of $9,881 million beat the Zacks Consensus Estimate of $9,322 million by 6%. Revenues also improve 5.2% from that reported in the year-ago quarter. In the past three months, General Dynamics insiders have not sold or bought any company stock.

The company has a Forward Dividend ratio of 5.28, with its dividend yield at 2.45%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report. Analysts project the company’s earnings per share to be $2.65, which has seen fiscal year 2023 EPS growth forecast to increase to $12.69 and about $14.76 for fiscal year 2024. Per the data, EPS growth is expected to be 4.10% for 2023 and 16.30% for the next financial year.

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There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “buy” GD shares. General Dynamics Corporation share price live 218.34, this page displays NYSE GD stock exchange data. View the GD premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the General Dynamics Corporation real time stock price chart below. You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the GD quote.

The 0.50% of General Dynamics Corporation’s shares are in the hands of company insiders while institutional holders own 86.70% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.87 million on Apr 13, 2023, giving us a short ratio of 2.34. Current price change has pushed the stock -12.29% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GD stock continues to rise going into the next quarter.

Northrop’s quarterly earnings beat estimates on weapon demand By … – Investing.com

Northrop’s quarterly earnings beat estimates on weapon demand By ….

Posted: Thu, 27 Apr 2023 13:18:00 GMT [source]

As of April 15th, there was short interest totaling 2,870,000 shares, an increase of 14.8% from the March 31st total of 2,500,000 shares. Based on an average daily volume of 1,190,000 shares, the short-interest ratio is presently 2.4 days. Market cap, also known as market capitalization, is the total market value of a company. It’s calculated by multiplying the current market price by the total number of shares outstanding. Based on the recent corporate insider activity of 107 insiders, corporate insider sentiment is negative on the stock.

Is It Time to Sell GD? Shares are up today.

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General Dynamics declared a quarterly dividend of $1.32 per share, or $5.28 annualized. This is a 4.8% increase from the prior dividend of $1.26.The dividend will be payable on May 12,… Roman Schweizer, Cowen defense and aerospace analyst, joins ‘The Exchange’ to discuss the state of national security and how it could affect defense stocks. Bloomberg Published an article in February that discussed the failings of the U.S. If you read it, you may immediately want to sell any defense stocks you own.

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Build the strongest argument relying on authoritative content, attorney-editor expertise, and how to alter default apps in android defining technology. General Dynamics doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. In 2022, GD’s revenue was $39.41 billion, an increase of 2.44% compared to the previous year’s $38.47 billion.

General Dynamics earnings, Revenue miss in Q4

The book value of a stock is theoretically the amount of money that would be paid to shareholders if the company was liquidated and paid off all of its liabilities. There may be delays, omissions, or inaccuracies in the Information. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year.

It can also be calculated by dividing the company’s Market Cap by the Net Profit. Enterprise Value is a measure of a company’s total value, often used as a more comprehensive alternative to equity market capitalization. Enterprise value includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company’s balance sheet. General Dynamics reported Q3 EPS of $3.26, $0.11 better than the analyst estimate of $3.15. Revenue for the quarter came in at $10 billion versus the consensus estimate of $9.91… Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market.

On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category. Real-time analyst ratings, insider transactions, earnings data, and more. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This news sentiment score is similar to the average news sentiment of Aerospace companies. According to analysts’ consensus price target of $261.69, General Dynamics has a forecasted upside of 19.9% from its current price of $218.23. Intraday Data provided by FACTSET and subject to terms of use.

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The ratio is used for evaluating companies and to find out whether they are overvalued or undervalued. Passive investing is a great way to create long-term returns. It can be as simple as identifying dividend stocks to buy and hold for the next decade or more. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases.

If You Invested $100 In This Stock 20 Years Ago, You Would Have $700 Today

52 week high is the highest price of a stock in the past 52 weeks, or one year. General Dynamics Corp. 52 week high is $256.86 as of April 28, 2023. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

The dividend payout ratio of General Dynamics is 43.28%. This payout ratio is at a healthy, sustainable level, below 75%. 52 week low is the lowest price of a stock in the past 52 weeks, or one year. General Dynamics Corp. 52 week low is $207.42 as of April 28, 2023.

Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. The price-to-book ratio is a company’s current market price to its Book Value. Traditionally, any value under 1.0 is considered a good P/B value, indicating a potentially undervalued stock. Market cap or market capitalization is the total market value of all of a company’s outstanding shares.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. General Dynamics has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. General Dynamics’ Q1 results are likely to reflect a poor revenue performance across most of its business segments. General Dynamics came out with quarterly earnings of $2.64 per share, beating the Zacks Consensus Estimate of $2.56 per share. This compares to earnings of $2.61 per share a year ago.

https://1investing.in/s repurchase plans are generally a sign that the company’s leadership believes its shares are undervalued. EBITDA is a widely used measure of corporate profitability. It stands for Earnings before Interest, Taxes, Depreciation, and Amortization. It attempts to reflect the cash profit generated by a company’s operations. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. The technique has proven to be very useful for finding positive surprises.

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Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of GD stock can currently be purchased for approximately $215.69. 137 employees have rated General Dynamics Chief Executive Officer Phebe N. Novakovic on Glassdoor.com. Phebe N. Novakovic has an approval rating of 79% among the company’s employees.

Company Information

Analysts have a consensus estimate of $9.49 billion for the company’s revenue for the quarter, with a low and high estimate of $9.06 billion and $9.63 billion respectively. The average forecast suggests up to a 3.30% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue for 2023 to grow to $41.44 billion, representing a 5.20% jump on that reported in the last financial year. 8 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for General Dynamics in the last twelve months.

TG Therapeutics: A Plethora Of Good News, Strong Revenues … – Seeking Alpha

TG Therapeutics: A Plethora Of Good News, Strong Revenues ….

Posted: Fri, 28 Apr 2023 16:09:02 GMT [source]

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. General Dynamics raises the quarterly dividend to $1.32 per share, reflecting a rise of 4.8% from the previous payout. The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. General Dynamics has a short interest ratio (“days to cover”) of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

These returns cover a period from January 1, 1988 through April 3, 2023. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. General Dynamics saw a increase in short interest during the month of April.

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Posted: Fri, 31 Mar 2023 07:00:00 GMT [source]

The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review. Turning to the stock’s technical picture we see that short term indicators suggest on average that GD is a 50% Sell.

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