We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. 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 individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Lockheed Martin (LMT) Stock Slides as Market Rises: Facts to Know Before You Trade
Read MoreHide Full Article
Lockheed Martin (LMT - Free Report) closed at $627.70 in the latest trading session, marking a -1.6% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.18%, and the technology-centric Nasdaq increased by 0.1%.
Heading into today, shares of the aerospace and defense company had lost 3.95% over the past month, outpacing the Aerospace sector's loss of 10.3% and lagging the S&P 500's loss of 1.74%.
Market participants will be closely following the financial results of Lockheed Martin in its upcoming release. The company plans to announce its earnings on April 23, 2026. On that day, Lockheed Martin is projected to report earnings of $6.73 per share, which would represent a year-over-year decline of 7.55%. Simultaneously, our latest consensus estimate expects the revenue to be $18.21 billion, showing a 1.38% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $29.93 per share and a revenue of $79.11 billion, representing changes of +29.46% and +5.41%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Lockheed Martin. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.18% higher. Lockheed Martin is currently a Zacks Rank #2 (Buy).
Digging into valuation, Lockheed Martin currently has a Forward P/E ratio of 21.31. This represents a discount compared to its industry average Forward P/E of 24.22.
It is also worth noting that LMT currently has a PEG ratio of 1.15. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Aerospace - Defense industry held an average PEG ratio of 2.06.
The Aerospace - Defense industry is part of the Aerospace sector. This group has a Zacks Industry Rank of 159, putting it in the bottom 35% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Lockheed Martin (LMT) Stock Slides as Market Rises: Facts to Know Before You Trade
Lockheed Martin (LMT - Free Report) closed at $627.70 in the latest trading session, marking a -1.6% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.18%, and the technology-centric Nasdaq increased by 0.1%.
Heading into today, shares of the aerospace and defense company had lost 3.95% over the past month, outpacing the Aerospace sector's loss of 10.3% and lagging the S&P 500's loss of 1.74%.
Market participants will be closely following the financial results of Lockheed Martin in its upcoming release. The company plans to announce its earnings on April 23, 2026. On that day, Lockheed Martin is projected to report earnings of $6.73 per share, which would represent a year-over-year decline of 7.55%. Simultaneously, our latest consensus estimate expects the revenue to be $18.21 billion, showing a 1.38% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $29.93 per share and a revenue of $79.11 billion, representing changes of +29.46% and +5.41%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Lockheed Martin. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.18% higher. Lockheed Martin is currently a Zacks Rank #2 (Buy).
Digging into valuation, Lockheed Martin currently has a Forward P/E ratio of 21.31. This represents a discount compared to its industry average Forward P/E of 24.22.
It is also worth noting that LMT currently has a PEG ratio of 1.15. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Aerospace - Defense industry held an average PEG ratio of 2.06.
The Aerospace - Defense industry is part of the Aerospace sector. This group has a Zacks Industry Rank of 159, putting it in the bottom 35% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.