Alert: Rating Upgrade (5/22/20)-Northrop Grumman Corp (NYSE: NOC).


Stock Rating Upgrade

Of late the Value Trend Rating for Northrop Grumman Corp (NYSE: NOC) rose significantly from C to A reflecting improving fundamentals and high Appreciation Potential.


Recent Price Action

Northrop Grumman Corp (NYSE: NOC) stock declined modestly by -0.7% on 5/22/20. The stock closed at $325.91. However, unusually low trading volume at 66% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 4.5% during the last week.

Current PriceTarget Research Rating

NOC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Northrop Grumman has a current Value Trend Rating of A (Highest Rating). This VT Rating rose significantly in recent days from C previously. The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Northrop Grumman has a good Power Rating of 71 and a good Appreciation Score of 74, and the Highest Value Trend Rating results.

About John Lafferty 77056 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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