LMT stock: buy or sell?
Updated on:
February 21st, 2020
4
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide.
Should I buy LMT stock?
Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.Currently, Lockheed Martin stock doesn't match any of these trading strategies, so our recommendation is not to buy.
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is Lockheed Martin stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.
Unfortunately, we couldn't find any rating for LMT stock for the last month.LMT stock analysis
Daily outlook
Shares of Lockheed Martin inched a slightly good 0.43% and closed at $427.80.
Lockheed Martin closed on Feb 21st at $427.80 and inched a slightly good 0.43%. From a daily perspective, LMT is in a short term uptrend after plotting its last bottom ($422.04, on Feb 3rd) higher than the previous bottom, and its last top ($442.53, on Feb/11) also over the previous top. Now trading in between its last bottom and last top LMT might consolidate in a plain range, waiting to break out over $442.53 or down under $422.04. On November LMT price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On Feb/11, LMT hit a new all time high, pushing higher than on February/10 tops. Check different trading setups that use ATHs as triggers.
Weekly outlook
Lockheed Martin shares slightly fell -2.30% this week, ending at $427.80.
Lockheed Martin stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, LMT might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last price record Lockheed Martin marked last week. Since SMA20d and SMA40w crossed up late May 2019, LMT price climbed $95.94 per share (28.91%). Since early April 2019 when LMT stock price broke up the SMA40w line, it gained $130.71 (44.00%).
LMT stock price history
LMT stock historical price chart
LMT stock reached all-time highs on February/11 with a price of $442.53.
LMT stock price target
Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price target for Lockheed Martin stock by any trusted analyst.Financials and fundamental analysis
Earnings date and Earnings per Share
Since April, when Lockheed Martin published its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 3.23 | n/a |
| 2017-Q3 | 2017-10-24 | 3.26 | 3.24 | -0.6% |
| 2017-Q4 | 2018-01-29 | 4.07 | -2.25 | n/a |
| 2018-Q1 | 2018-04-24 | 3.35 | 4.02 | 20.0% |
| 2018-Q2 | 2018-07-24 | 3.89 | 4.31 | 10.8% |
| 2018-Q3 | 2018-10-23 | 4.32 | 5.14 | 19.0% |
| 2018-Q4 | 2019-01-29 | 4.39 | 4.39 | 0.0% |
| 2019-Q1 | 2019-04-22 | 4.33 | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
Compared to 2017, last anual revenues report draw a more than good increase of 7.61% to $53,762.00 M dollars. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) soared a 5.46% to 9.39%. To have an updated view of the financial situation of Lockheed Martin, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Lockheed Martin TTM sales up to March 2019 were $56,463.00 and income was $5,593.00 M USD. When comparing this TTM figures with the last reported annuality, we can review Lockheed Martin business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, jumped a beatiful 5.02%. In contrast, profit margin (net income/revenues) remained stable at 9.39%.| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $45,360 M | - | $2,950 M6.5% | - |
| 2014 | $45,600 M | 0.53% | $3,614 M7.9% | 22.51% |
| 2015 | $46,132 M | 1.17% | $3,605 M7.8% | -0.25% |
| 2016 | $47,248 M | 2.42% | $5,302 M11.2% | 47.07% |
| 2017 | $49,960 M | 5.74% | $1,963 M3.9% | -62.98% |
| 2018 | $53,762 M | 7.61% | $5,046 M9.4% | 157.06% |
| TTM | $56,463 M | 5.02% | $5,593 M9.9% | 10.84% |
Quarterly financial results
Lockheed Martin reported $14,336.00 million in revenues for 2019-Q1, a -0.52% decline compared to previous quarter. Reported quarter income marked $1,704.00 million with a profit margin of 11.89%. Profit margin grew a 3.19% compared to previous quarter when profit margin was 8.69%. When comparing revenues to same quarter last year, Lockheed Martin sales marked a dazzling growth and boosted a 23.21%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $12,690 M | - | $942 M7.4% | - |
| 2017-Q3 | $12,170 M | -4.10% | $939 M7.7% | -0.32% |
| 2017-Q4 | $14,932 M | 22.70% | $-705 M-4.7% | -175.08% |
| 2018-Q1 | $11,635 M | -22.08% | $1,157 M9.9% | -264.11% |
| 2018-Q2 | $13,398 M | 15.15% | $1,163 M8.7% | 0.52% |
| 2018-Q3 | $14,318 M | 6.87% | $1,473 M10.3% | 26.66% |
| 2018-Q4 | $14,411 M | 0.65% | $1,253 M8.7% | -14.94% |
| 2019-Q1 | $14,336 M | -0.52% | $1,704 M11.9% | 35.99% |
Lockheed Martin ownership
When you are planning to invest in a stock, it's worth to check its ownership structure.Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Lockheed Martin, 0.11% of all outstanding shares are owned by its staff.
Bearish positions for LMT stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Lockheed Martin:
| LMT | |
|---|---|
| Market cap | $120.7 B |
| Total shares | 282.1 M |
| Float shares | 238.2 M |
| - Institutional holdings (%) | 81.0% |
| - Insider holdings (%) | 0.1% |
| Shares in short selling | 0.0% |
LMT summary
| Friday, February 21st, 2020 | |
|---|---|
| Open | $425.12 |
| Close | $427.80 |
| Day range | $422.66 - $428.72 |
| Previous close | $425.97 |
| Session gain | 0.43% |
| Average true range | $5.77 |
| 50d mov avg | $415.23 |
| 100d mov avg | $397.98 |
| 200d mov avg | $379.48 |
| Daily pattern | lt06a |
| Weekly pattern | lt06a |
Lockheed Martin performance
Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected as the bechmarking frame for Lockheed Martin stock.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| LMTLockheed Martin | 10.16% | 14.86% | 42.89% |
Lockheed Martin competitors
Unfortunately, we could not find any public company that could be defined as Lockheed Martin competitor. This doesn't mean Lockheed Martin does not have any competitor in the market, it's just we could not detected it.Latest LMT stock news
- Seeking AlphaLockheed Martin: Still A Great BuyJuly 15, 2019
- Seeking AlphaLockheed Martin: More Upside AheadJune 27, 2019
- Seeking AlphaLockheed Martin Continues To ImpressJune 2, 2019
- Seeking AlphaWhat Should I Do With My Lockheed Martin SharesApril 23, 2019
- InvestorPlaceLockheed Martin Earnings: LMT Stock Soars on Strong Earnings BeatApril 23, 2019