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Lockheed Martin (LMT) Falls More Steeply Than Broader Market: What Investors Need to Know
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Lockheed Martin (LMT - Free Report) closed at $504.02 in the latest trading session, marking a -1.54% move from the prior day. This change lagged the S&P 500's 0.02% loss on the day. On the other hand, the Dow registered a loss of 0.35%, and the technology-centric Nasdaq decreased by 0.15%.
Prior to today's trading, shares of the aerospace and defense company had lost 3.31% was narrower than the Aerospace sector's loss of 6.85% and lagged the S&P 500's gain of 2.05%.
Market participants will be closely following the financial results of Lockheed Martin in its upcoming release. The company plans to announce its earnings on October 22, 2026. The company's earnings per share (EPS) are projected to be $7.48, reflecting a 7.63% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $20.35 billion, indicating a 9.36% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $30.45 per share and revenue of $80.82 billion. These totals would mark changes of +31.7% and +7.69%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Lockheed Martin. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.19% increase. Right now, Lockheed Martin possesses a Zacks Rank of #2 (Buy).
From a valuation perspective, Lockheed Martin is currently exchanging hands at a Forward P/E ratio of 16.81. This expresses a discount compared to the average Forward P/E of 21.16 of its industry.
It is also worth noting that LMT currently has 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 average PEG ratio for the Aerospace - Defense industry stood at 1.59 at the close of the market yesterday.
The Aerospace - Defense industry is part of the Aerospace sector. This group has a Zacks Industry Rank of 61, putting it in the top 25% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. 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) Falls More Steeply Than Broader Market: What Investors Need to Know
Lockheed Martin (LMT - Free Report) closed at $504.02 in the latest trading session, marking a -1.54% move from the prior day. This change lagged the S&P 500's 0.02% loss on the day. On the other hand, the Dow registered a loss of 0.35%, and the technology-centric Nasdaq decreased by 0.15%.
Prior to today's trading, shares of the aerospace and defense company had lost 3.31% was narrower than the Aerospace sector's loss of 6.85% and lagged the S&P 500's gain of 2.05%.
Market participants will be closely following the financial results of Lockheed Martin in its upcoming release. The company plans to announce its earnings on October 22, 2026. The company's earnings per share (EPS) are projected to be $7.48, reflecting a 7.63% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $20.35 billion, indicating a 9.36% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $30.45 per share and revenue of $80.82 billion. These totals would mark changes of +31.7% and +7.69%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Lockheed Martin. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.19% increase. Right now, Lockheed Martin possesses a Zacks Rank of #2 (Buy).
From a valuation perspective, Lockheed Martin is currently exchanging hands at a Forward P/E ratio of 16.81. This expresses a discount compared to the average Forward P/E of 21.16 of its industry.
It is also worth noting that LMT currently has 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 average PEG ratio for the Aerospace - Defense industry stood at 1.59 at the close of the market yesterday.
The Aerospace - Defense industry is part of the Aerospace sector. This group has a Zacks Industry Rank of 61, putting it in the top 25% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. 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.