Northrop Grumman Corp (NYSE: NOC) has reported E.P.S. of $6.34 for its first fiscal quarter (ending March 31) versus $5.52 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $14.35 versus $31.07 for the same period a year ago.
Recent Price Action
Northrop Grumman Corp (NYSE: NOC) stock enjoyed a large increase of 2.8% on 4/25/24. The stock closed at $488.06. Moreover, above average trading volume at 142% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 8.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NOC is expected to continue to be a major Value Builder.
Northrop Grumman has a current Value Trend Rating of D (Negative). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Northrop Grumman has a poor Appreciation Score of 23 but a slightly positive Power Rating of 65, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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