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Lockheed Martin Corporation (LMT) |
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Price: $403.8200
$-4.00 
-0.981%
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| Day's High:
| $407.5
| Week Perf:
| -1.2 %
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| Day's Low: |
$ 406.46 |
30 Day Perf: |
-9.9 % |
| Volume (M): |
27 |
52 Wk High: |
$ 508.10 |
| Volume (M$): |
$ 10,883 |
52 Wk Avg: |
$460.34 |
| Open: |
$408.96 |
52 Wk Low: |
$388.10 |
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| Market Capitalization (Millions $) |
102,386 |
| Shares
Outstanding (Millions) |
254 |
| Employees |
114,000 |
| Revenues (TTM) (Millions $) |
67,393 |
| Net Income (TTM) (Millions $) |
7,060 |
| Cash Flow (TTM) (Millions $) |
1,898 |
| Capital Exp. (TTM) (Millions $) |
1,721 |
Lockheed Martin Corporation
Lockheed Martin Corporation principally researches, designs, develops, manufactures,
integrates, operates and supports advanced technology systems, products and services.
We serve customers in domestic and international defense, civil and commercial
markets, with our principal customers being agencies of the U.S. Government. Lockheed
Martin was formed in March 1995 by combining the businesses of Lockheed Corporation
and Martin Marietta Corporation. We are a Maryland corporation.
Company Address: 6801 Rockledge Drive, Bethesda, 20817 MD
Company Phone Number: 897-6000 Stock Exchange / Ticker: NYSE LMT
| LMT is expected to report next financial results on October 17, 2023. |
Next quarterly dividend pay out on December 26, 2023. |
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Customers Net Income grew by |
LMT's Customers Net Profit Margin fell to |
6.46 % |
6.44 %
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| Stock Performances by Major Competitors |
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Aar Corp
In the first quarter of 2023, Aar Corp, an aviation services company, reported a significant increase in revenue by 23.079%, reaching $549.30 million compared to the same period in the previous year. However, the company slipped into a deficit at $-0.02 per share, leading to concerns about its financial performance. Comparatively, earnings per share (EPS) fell from $0.64 per share, and revenue decreased by -0.723% from $553.30 million in the prior period.
Aar Corp experienced a net deficit of $-0.600 million in the first quarter of 2023, a significant decline compared to the net proceeds of $22.700 million achieved in the corresponding period a year before. Additionally, the company has seen a notable increase in inventories, with levels reaching $614.2 million, higher than both the previous quarter as well as the same quarter a year ago.
Operating earnings fell by a staggering -85.02% to $27.3 million, leading to a decline in Aar Corp's operating margin to 4.97% from 40.82% in the first quarter of 2023. This trend raises concerns about the company's ability to maintain profitability. On a positive note, the build-up in accounts receivable is indicative of rising demand, with accounts receivables valued at $280.6 million, higher than the preceding quarter.
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Coda Octopus Group Inc
Coda Octopus Group Inc, a leading company in the marine technology industry, has experienced significant declines in its stock performance and financial results in recent times. This article aims to evaluate the impact of these setbacks on the company's prospects moving forward.
1. Declining Stock Performance:
Over the past five days, Coda Octopus Group Inc's stock has witnessed a substantial decline of -22.72%. Furthermore, the year-to-date performance stands at -12.03%. While the stock currently trades 18.2% above its 52-week low, the downward trend in recent days raises concerns about investor sentiment and confidence in the company.
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Mind Technology Inc
Mind Technology Inc, a company in the Aerospace and Defense sector, recently released its fiscal interval ending July 31, 2023, financial report. The report shows that the company experienced a loss of $-0.18 per share, compared to a loss of $-0.21 per share the previous year. Additionally, the company's deficit grew from $-0.09 per share in the previous reporting period.
Despite the losses, Mind Technology Inc's revenue showed some growth. The company reported a moderate increase of 0.425% in revenue, reaching $8.75 million, compared to $8.71 million in the same reporting period the previous year. However, there was a significant sequential decline in revenue, with a drop of -30.478% from $12.59 million.
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Smith And Wesson Brands Inc
Smith and Wesson Brands Inc, a renowned aerospace and defense company, recently released its financial results for the period between May and July 31, 2023. During this time, the company witnessed stable net profit per share at $0.07, which remained unchanged from the previous year. However, there was a significant drop of -74.96% in EPS from $0.28 per share during the previous reporting period.
Despite the decline in EPS, Smith and Wesson Brands Inc experienced a substantial improvement in revenue. The company's revenue rose by 34.371% to $113.40 million compared to $84.39 million in the same period the year before. However, there was a sequential decrease of -21.672% from $144.78 million.
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Bantec Inc
Bantec Inc: Bullish Outlook Despite Weak Q2 Results
Bantec Inc, a leading player in the technology industry, recently reported its financial results for the second quarter of 2023, which reflected a challenging period for the company. The weak demand in the market adversely impacted the company's earnings, resulting in an increase in losses and a decrease in revenue compared to the same period last year.
During the second quarter, Bantec Inc experienced a significant shortfall per share, with a decline of $0.10 per share compared to no decline in the previous year. Furthermore, the company's revenue dropped by a staggering 21.368% from $0.75 million to $0.59 million. Comparatively, the revenue for the second quarter decreased by 5.262% from $0.62 million and was far from the previous year's figure of $0.00 per share.
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| Per Share |
Current |
| Earnings (TTM) |
27.42 $ |
| Revenues (TTM) |
265.8 $
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| Cash Flow (TTM) |
7.49 $ |
| Cash |
14.49 $
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| Book Value |
36.44 $
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| Dividend (TTM) |
11.7 $ |
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| Per Share |
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| Earnings (TTM) |
27.42 $
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| Revenues (TTM) |
265.8 $ |
| Cash Flow (TTM) |
7.49 $ |
| Cash |
14.49 $
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| Book Value |
36.44 $ |
| Dividend (TTM) |
11.7 $ |
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| Aeronautics |
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Segment |
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of total Revenue |
| Space Systems |
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Segment |
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of total Revenue |
| Technology Services |
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Segment |
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of total Revenue |
| Electronic Systems |
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Segment |
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of total Revenue |
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| Lockheed Martin's Operating Statistics
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Decrease / Increase
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| Aeronautics Backlog (In millions $) |
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| Space Systems Backlog (In millions $) |
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| Technology Services Backlog (In millions $) |
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| Electronic Systems Backlog (In millions $) |
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| Total Backlog Backlog (In millions $) |
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2.84%