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Lockheed Martin (LMT) Suffers a Larger Drop Than the General Market: Key Insights
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In the latest close session, Lockheed Martin (LMT - Free Report) was down 2.14% at $499.22. This move lagged the S&P 500's daily loss of 0.22%. At the same time, the Dow lost 0.66%, and the tech-heavy Nasdaq lost 0.22%.
Prior to today's trading, shares of the aerospace and defense company had lost 4.86% was narrower than the Aerospace sector's loss of 8.35% and lagged the S&P 500's gain of 1.4%.
Investors will be eagerly watching for the performance of Lockheed Martin in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 22, 2026. The company's upcoming EPS is projected at $7.25, signifying a 4.32% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $20.35 billion, reflecting a 9.36% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $30.45 per share and a revenue of $80.82 billion, signifying shifts of +31.7% and +7.69%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Lockheed Martin. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.19% upward. Lockheed Martin is holding a Zacks Rank of #2 (Buy) right now.
Valuation is also important, so investors should note that Lockheed Martin has a Forward P/E ratio of 16.76 right now. Its industry sports an average Forward P/E of 21.54, so one might conclude that Lockheed Martin is trading at a discount comparatively.
One should further note that LMT currently holds a PEG ratio of 1.11. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Aerospace - Defense industry had an average PEG ratio of 1.66 as trading concluded yesterday.
The Aerospace - Defense industry is part of the Aerospace sector. At present, this industry carries a Zacks Industry Rank of 102, placing it within the top 42% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Lockheed Martin (LMT) Suffers a Larger Drop Than the General Market: Key Insights
In the latest close session, Lockheed Martin (LMT - Free Report) was down 2.14% at $499.22. This move lagged the S&P 500's daily loss of 0.22%. At the same time, the Dow lost 0.66%, and the tech-heavy Nasdaq lost 0.22%.
Prior to today's trading, shares of the aerospace and defense company had lost 4.86% was narrower than the Aerospace sector's loss of 8.35% and lagged the S&P 500's gain of 1.4%.
Investors will be eagerly watching for the performance of Lockheed Martin in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 22, 2026. The company's upcoming EPS is projected at $7.25, signifying a 4.32% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $20.35 billion, reflecting a 9.36% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $30.45 per share and a revenue of $80.82 billion, signifying shifts of +31.7% and +7.69%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Lockheed Martin. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.19% upward. Lockheed Martin is holding a Zacks Rank of #2 (Buy) right now.
Valuation is also important, so investors should note that Lockheed Martin has a Forward P/E ratio of 16.76 right now. Its industry sports an average Forward P/E of 21.54, so one might conclude that Lockheed Martin is trading at a discount comparatively.
One should further note that LMT currently holds a PEG ratio of 1.11. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Aerospace - Defense industry had an average PEG ratio of 1.66 as trading concluded yesterday.
The Aerospace - Defense industry is part of the Aerospace sector. At present, this industry carries a Zacks Industry Rank of 102, placing it within the top 42% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.