General Dynamics Corp (NYSE: GD) has reported earnings for its third fiscal quarter (ending September 30) of $3.39 versus $3.07 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $13.29 compared to $12.07 a year ago.
Recent Price Action
General Dynamics Corp (NYSE: GD) stock closed at $304.40 on 10/23/24 after a slight decline of -0.5%. Moreover, above average trading volume at 129% of normal accompanied the decline. The stock has risen 1.4% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, GD is expected to continue to be a major Value Builder.
General Dynamics has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. General Dynamics has a poor Appreciation Score of 21 but a good Power Rating of 78, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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