LMT stock: buy or sell?

LMT stock price: $390.81 -0.50% At close on November 19th, 2019

Updated on:
November 19th, 2019

4

Lockheed Martin ended yesterday at $390.81 and depreciated a bad -0.50%.

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. That's why is so important to choose your own trading strategy that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Lockheed Martin stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Lockheed Martin stock a buy?

Banks and financial institutions publish stock ratings everyday. At Stocks2.com, we detected 10 ratings published for LMT stock in the last month.

Is LMT a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-14Morgan Stanleyn/aEqual Weight
2019-7-25DZ BankBuyHold
2019-7-24JPMorgan Chase & Co.n/aNeutral
2019-7-24Credit Suisse Groupn/aNeutral
2019-6-14Morgan Stanleyn/aEqual Weight
2019-5-16Barclaysn/aEqual Weight
2019-4-24UBS GroupBuyBuy
2019-4-24Bank of AmericaBuyBuy
2019-2-5Jefferies Financial Groupn/aHold
2019-2-13Morgan StanleyEqual WeightEqual Weight

LMT stock analysis

Daily outlook

Shares of Lockheed Martin depreciated a bad -0.50% and closed at $390.81.

Lockheed Martin shares depreciated -0.50% to $390.81 yesterday. LMT broke out again over $380.95 after a 2.53% correction started on November 1st. On November 6th LMT price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On September, LMT hit new all time highs, pushing higher previous ATH of $394.60 recorded on September. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

LMT stock chart (daily)

Weekly outlook

Lockheed Martin depreciated a disappointing -0.70% this week.

Observing the weekly chart, LMT marked an uptrend of rising tops and rising bottoms. Since its last top by mid September at $399.96, price slid and bounced up back from $363.00. Breaking down under $363.00 would cancel the current uptrend and it might test lower supports. Note that $399.96 might act as a resistance line. Not so far away is the last all-time high Lockheed Martin marked by mid September. Since late May when SMA20w and SMA40w crossed up, LMT price gained $56.92 per share (17.05%). Since price and SMA40w lines crossed up early April, LMT climbed $91.90 (30.75%).

LMT stock chart (weekly)

LMT stock price history

LMT stock historical price chart

LMT stock reached all-time highs on September with a price of $399.96.

LMT stock price target is $366.40

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. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 9 price forecasts for Lockheed Martin stock:
LMT stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-14Morgan StanleyRaises Target$356.00$376.005.6%
2019-7-24JPMorgan Chase & Co.Raises Target$360.00$395.009.7%
2019-7-24Credit Suisse GroupReiterates$369.00$379.002.7%
2019-6-14Morgan StanleyRaises Target$324.00$356.009.9%
2019-5-16BarclaysRaises Target$340.00$370.008.8%
2019-4-24UBS GroupRaises Target$365.00$385.005.5%
2019-4-24Bank of AmericaReiterates$390.00$400.002.6%
2019-2-5Jefferies Financial GroupReiteratesn/a$313.00-
2019-2-13Morgan StanleyRaises Target$300.00$324.008%
(in average)$350.50$366.405.0%
The price prediction for Lockheed Martin stock is $366.40, moving in a range between $400.00 and $313.00. In average, analysts' outlook on LMT price forecast is positive, increasing the forecast by a 5.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last April, when Lockheed Martin published its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this report.
LMT earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a3.23n/a
2017-Q32017-10-243.263.24-0.6%
2017-Q42018-01-294.07-2.25n/a
2018-Q12018-04-243.354.0220.0%
2018-Q22018-07-243.894.3110.8%
2018-Q32018-10-234.325.1419.0%
2018-Q42019-01-294.394.390.0%
2019-Q12019-04-224.33n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw a pretty good growth of 7.61% to $53,762.00 million dollars. By contrast, its profit margin (compared to sales) jumped to 9.39%, that is $5,046.00 million.

To have an updated picture 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 earnings were $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 turnover up to March, compared to lastest yearly report, escalated a decent 5.02%. Regarding profit margin, Lockheed Martin stayed constant 0.52% to 9.39%

LMT annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$45,360 M-$2,950 M6.5%-
2014$45,600 M0.53%$3,614 M7.9%22.51%
2015$46,132 M1.17%$3,605 M7.8%-0.25%
2016$47,248 M2.42%$5,302 M11.2%47.07%
2017$49,960 M5.74%$1,963 M3.9%-62.98%
2018$53,762 M7.61%$5,046 M9.4%157.06%
TTM $56,463 M5.02%$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 earnings marked $1,704.00 million with a profit margin of 11.89%. Profit margin appreciated 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%.
LMT quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$12,690 M-$942 M7.4%-
2017-Q3$12,170 M-4.10%$939 M7.7%-0.32%
2017-Q4$14,932 M22.70%$-705 M-4.7%-175.08%
2018-Q1$11,635 M-22.08%$1,157 M9.9%-264.11%
2018-Q2$13,398 M15.15%$1,163 M8.7%0.52%
2018-Q3$14,318 M6.87%$1,473 M10.3%26.66%
2018-Q4$14,411 M0.65%$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 buy shares of a company, it's worth to check its ownership structure.

Lockheed Martin shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.09% of all shares.

In case of Lockheed Martin stock, 78.66% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). 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:

LMTAVAVBAGDKTOS
Market cap$110.2 B$1.5 B$206.5 B$54.0 B$2.1 B
Total shares282.1 M24.0 M562.8 M289.3 M106.3 M
Float shares237.6 M21.5 M528.7 M257.3 M103.8 M
  - Institutional holdings (%)78.7%88.7%70.6%87.8%87.6%
  - Insider holdings (%)0.1%10.7%0.1%6.0%2.0%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

LMT summary

Tuesday, November 19th, 2019
Open$394.00
Close$390.81
Day range$390.53 - $395.82
Previous close$392.76
Session gain-0.50%
Average true range$5.19
50d mov avg$383.11
100d mov avg$376.77
200d mov avg$347.71
Daily patternlb01c
Weekly pattern lb03a

Lockheed Martin performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Lockheed Martin, the benchmark is made against AeroVironment, Boeing, General Dynamics, Kratos Defense & Security Solutions, Northrop Grumman and Raytheon.
Stock3m6m12m
LMTLockheed Martin4.29%16.77%35.88%
AVAVAeroVironment19.81%-8.10%-32.68%
BABoeing3.69%4.66%20.21%
GDGeneral Dynamics2.24%15.05%7.11%
KTOSKratos Defense & ...0.93%-11.02%42.91%
NOCNorthrop Grumman-1.85%14.18%34.84%
RTNRaytheon21.45%22.47%28.39%

Lockheed Martin competitors

One check before trading any stock is to have a look a list of its competitors, in this case for Lockheed Martin. We selected 6 companies as Lockheed Martin competitors as they are in the same industry or have similar market objectives.

Latest LMT stock news