$3.86 EPS Expected for Lockheed Martin Corporation (LMT)

June 14, 2018 - By Peter Erickson

Lockheed Martin Corporation (NYSE:LMT) LogoInvestors sentiment decreased to 0.95 in 2018 Q1. Its down 0.23, from 1.18 in 2017Q4. It fall, as 43 investors sold Lockheed Martin Corporation shares while 441 reduced holdings. 99 funds opened positions while 359 raised stakes. 216.82 million shares or 0.95% less from 218.89 million shares in 2017Q4 were reported.
Moreover, Pitcairn Com has 0.08% invested in Lockheed Martin Corporation (NYSE:LMT). Crawford Investment Counsel reported 1,550 shares or 0.02% of all its holdings. Stanley holds 0.41% or 5,342 shares in its portfolio. Nbw Capital Ltd Llc holds 2.31% or 21,863 shares in its portfolio. Epoch Invest holds 0.61% or 512,685 shares in its portfolio. 104,530 are owned by Sawgrass Asset Mgmt Ltd. Global Invsts reported 7.86M shares stake. New York-based Cannell Peter B has invested 0.9% in Lockheed Martin Corporation (NYSE:LMT). Sterling Capital Mgmt Limited Liability Company stated it has 3,824 shares. Vident Invest Advisory Limited Liability Corporation reported 0.02% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Vantage Invest Prtn Llc invested in 36,058 shares. Cypress Cap owns 47,503 shares. Meridian Mgmt holds 0.22% of its portfolio in Lockheed Martin Corporation (NYSE:LMT) for 1,404 shares. Premier Asset Mngmt Limited Co reported 650 shares. Albion Fincl Ut stated it has 0.79% in Lockheed Martin Corporation (NYSE:LMT).

Since January 29, 2018, it had 0 insider purchases, and 2 selling transactions for $9.28 million activity. Another trade for 19,000 shares valued at $6.59 million was made by HEWSON MARILLYN A on Monday, January 29.

Analysts expect Lockheed Martin Corporation (NYSE:LMT) to report $3.86 EPS on July, 17.They anticipate $0.63 EPS change or 19.50 % from last quarter’s $3.23 EPS. LMT’s profit would be $1.10B giving it 20.12 P/E if the $3.86 EPS is correct. After having $4.02 EPS previously, Lockheed Martin Corporation’s analysts see -3.98 % EPS growth. The stock decreased 1.18% or $3.7 during the last trading session, reaching $310.65. About 1.11 million shares traded. Lockheed Martin Corporation (NYSE:LMT) has risen 13.73% since June 14, 2017 and is uptrending. It has outperformed by 1.16% the S&P500.

Lockheed Martin Corporation (NYSE:LMT) Ratings Coverage

Among 11 analysts covering Lockheed Martin Corp (NYSE:LMT), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Lockheed Martin Corp had 17 analyst reports since January 8, 2018 according to SRatingsIntel. The stock has “Hold” rating by Credit Suisse on Tuesday, January 30. The company was maintained on Friday, April 6 by RBC Capital Markets. The stock of Lockheed Martin Corporation (NYSE:LMT) has “Hold” rating given on Monday, January 29 by RBC Capital Markets. The rating was maintained by Bernstein on Tuesday, January 30 with “Hold”. The stock of Lockheed Martin Corporation (NYSE:LMT) has “Hold” rating given on Tuesday, May 22 by Credit Suisse. The company was maintained on Tuesday, January 30 by Robert W. Baird. The firm earned “Hold” rating on Tuesday, January 23 by RBC Capital Markets. The stock of Lockheed Martin Corporation (NYSE:LMT) earned “Overweight” rating by Morgan Stanley on Thursday, April 12. As per Monday, January 29, the company rating was maintained by Jefferies. The firm has “Hold” rating by Wells Fargo given on Tuesday, January 30.

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 has market cap of $88.70 billion. It operates through four divisions: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems. It has a 37.89 P/E ratio. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies.

More notable recent Lockheed Martin Corporation (NYSE:LMT) news were published by: Seekingalpha.com which released: “F-35 used in combat for first time” on May 22, 2018, also Bizjournals.com with their article: “Space Coast job growth surges as aerospace and rocket firms take off” published on May 24, 2018, Bizjournals.com published: “Missiles and Hawkeyes: Lockheed Martin, Northrop Grumman secure $162.5M in local work” on June 06, 2018. More interesting news about Lockheed Martin Corporation (NYSE:LMT) were released by: Globenewswire.com and their article: “Consolidated Research: 2018 Summary Expectations for Liberty Property Trust, Goldcorp, Restoration Hardware …” published on June 13, 2018 as well as Bizjournals.com‘s news article titled: “Exclusive: Local tech firm grabs piece of $3.5B Lockheed Martin contract, to create 65+ jobs” with publication date: June 14, 2018.

Lockheed Martin Corporation (NYSE:LMT) Institutional Positions Chart

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