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Top Defense Stocks To Keep An Eye On - April 22nd

Northrop Grumman logo with Aerospace background

Northrop Grumman, General Electric, RTX, Lockheed Martin, Boeing, General Dynamics, and Citigroup are the seven Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares in companies that develop, produce, or maintain military technology, equipment, and services. These companies often benefit from government defense spending and contracts, making their performance sensitive to geopolitical events and shifts in military budgets. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

Northrop Grumman (NOC)

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems.

Shares of NYSE:NOC traded down $67.83 during midday trading on Tuesday, reaching $463.51. The company's stock had a trading volume of 2,287,572 shares, compared to its average volume of 873,296. The business has a 50 day moving average price of $489.62 and a 200 day moving average price of $491.45. Northrop Grumman has a 1 year low of $418.60 and a 1 year high of $555.57. The firm has a market cap of $66.81 billion, a price-to-earnings ratio of 16.34, a price-to-earnings-growth ratio of 3.73 and a beta of 0.20. The company has a quick ratio of 0.91, a current ratio of 1.01 and a debt-to-equity ratio of 0.96.

Read Our Latest Research Report on NOC

General Electric (GE)

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa.

Shares of GE stock traded up $8.18 during trading hours on Tuesday, hitting $186.53. 4,684,699 shares of the company were exchanged, compared to its average volume of 5,447,549. The firm has a fifty day moving average of $195.49 and a 200 day moving average of $186.46. The company has a quick ratio of 0.81, a current ratio of 1.09 and a debt-to-equity ratio of 0.88. General Electric has a 1 year low of $148.83 and a 1 year high of $214.21. The firm has a market cap of $200.20 billion, a PE ratio of 31.18, a PEG ratio of 2.59 and a beta of 1.04.

Read Our Latest Research Report on GE

RTX (RTX)

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.

Shares of RTX traded down $11.11 during mid-day trading on Tuesday, reaching $115.01. The company had a trading volume of 6,819,399 shares, compared to its average volume of 5,474,953. The firm has a fifty day simple moving average of $128.57 and a 200-day simple moving average of $123.84. RTX has a fifty-two week low of $99.07 and a fifty-two week high of $136.17. The company has a current ratio of 0.99, a quick ratio of 0.74 and a debt-to-equity ratio of 0.63. The stock has a market cap of $153.55 billion, a price-to-earnings ratio of 32.39, a price-to-earnings-growth ratio of 2.11 and a beta of 0.58.

Read Our Latest Research Report on RTX

Lockheed Martin (LMT)

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. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.

NYSE LMT traded up $10.54 during mid-day trading on Tuesday, hitting $468.87. The company's stock had a trading volume of 1,504,128 shares, compared to its average volume of 1,247,803. The stock's fifty day simple moving average is $452.57 and its two-hundred day simple moving average is $494.72. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.13 and a quick ratio of 0.95. Lockheed Martin has a 52-week low of $418.88 and a 52-week high of $618.95. The firm has a market capitalization of $109.98 billion, a P/E ratio of 21.05, a price-to-earnings-growth ratio of 2.07 and a beta of 0.39.

Read Our Latest Research Report on LMT

Boeing (BA)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

BA stock traded up $3.11 during trading on Tuesday, reaching $162.45. The stock had a trading volume of 3,925,760 shares, compared to its average volume of 9,039,393. The firm has a fifty day moving average price of $165.88 and a 200 day moving average price of $164.24. The company has a market capitalization of $121.85 billion, a P/E ratio of -8.87 and a beta of 1.24. Boeing has a 1-year low of $128.88 and a 1-year high of $196.95.

Read Our Latest Research Report on BA

General Dynamics (GD)

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support and completion, charter, staffing, and fixed-base operator services.

GD stock traded up $2.00 during mid-day trading on Tuesday, hitting $275.18. 1,018,332 shares of the company were exchanged, compared to its average volume of 1,360,753. The company has a current ratio of 1.37, a quick ratio of 0.82 and a debt-to-equity ratio of 0.33. General Dynamics has a twelve month low of $239.20 and a twelve month high of $316.90. The firm has a fifty day simple moving average of $261.97 and a 200 day simple moving average of $272.50. The company has a market capitalization of $73.85 billion, a PE ratio of 20.17, a price-to-earnings-growth ratio of 1.69 and a beta of 0.43.

Read Our Latest Research Report on GD

Citigroup (C)

Citigroup Inc., a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.

NYSE C traded up $1.99 on Tuesday, hitting $64.68. 3,657,146 shares of the stock traded hands, compared to its average volume of 14,385,547. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.50. The company has a market capitalization of $121.73 billion, a P/E ratio of 10.88, a price-to-earnings-growth ratio of 0.64 and a beta of 1.29. Citigroup has a twelve month low of $53.51 and a twelve month high of $84.74. The stock has a 50-day moving average of $70.75 and a 200 day moving average of $71.05.

Read Our Latest Research Report on C

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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