Defense Stocks Worth Watching – February 06th

Skyworks Solutions, Celestica, BigBear.ai, Boeing, and Citigroup are the five Defense stocks to watch today, according to MarketBeat’s stock screener tool. Defense stocks refer to stocks of companies that are involved in the production and supply of military equipment, technology, and services for defense and security purposes. These companies typically have contracts with government defense departments and agencies for the manufacturing and maintenance of equipment such as weapons, aircraft, vehicles, and communication systems for military use. Investing in defense stocks can be influenced by government spending on national security and defense initiatives. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

Skyworks Solutions (SWKS)

Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.

NASDAQ:SWKS traded down $21.14 during mid-day trading on Thursday, hitting $65.94. The company’s stock had a trading volume of 11,666,731 shares, compared to its average volume of 2,927,959. The stock has a fifty day moving average of $89.79 and a 200-day moving average of $95.73. Skyworks Solutions has a fifty-two week low of $62.01 and a fifty-two week high of $120.86. The company has a market capitalization of $10.60 billion, a price-to-earnings ratio of 17.87, a P/E/G ratio of 1.96 and a beta of 1.14. The company has a current ratio of 5.54, a quick ratio of 4.24 and a debt-to-equity ratio of 0.16.

Celestica (CLS)

Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.

NYSE CLS traded down $11.14 during trading hours on Thursday, reaching $132.53. 5,423,657 shares of the company’s stock were exchanged, compared to its average volume of 5,109,641. The firm has a fifty day moving average of $101.31 and a 200-day moving average of $73.83. The company has a current ratio of 1.47, a quick ratio of 0.87 and a debt-to-equity ratio of 0.49. The stock has a market cap of $15.42 billion, a PE ratio of 35.09 and a beta of 2.27. Celestica has a one year low of $36.00 and a one year high of $144.27.

BigBear.ai (BBAI)

BigBear.ai Holdings, Inc. provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.

NYSE:BBAI traded up $0.32 during mid-day trading on Thursday, reaching $7.43. 96,283,028 shares of the company were exchanged, compared to its average volume of 47,778,613. BigBear.ai has a 12 month low of $1.16 and a 12 month high of $7.82. The stock has a market cap of $1.87 billion, a PE ratio of -8.05 and a beta of 3.17. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 2.08. The company has a fifty day moving average of $3.66 and a 200 day moving average of $2.32.

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.

Shares of BA traded up $2.08 during mid-day trading on Thursday, hitting $183.92. 3,482,293 shares of the company traded hands, compared to its average volume of 8,207,145. The business has a 50-day moving average of $171.05 and a 200 day moving average of $164.12. Boeing has a one year low of $137.03 and a one year high of $213.77. The stock has a market capitalization of $113.70 billion, a price-to-earnings ratio of -10.04 and a beta of 1.52.

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.

Shares of NYSE C traded up $2.29 during midday trading on Thursday, hitting $81.75. The stock had a trading volume of 7,219,036 shares, compared to its average volume of 16,322,677. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.96 and a quick ratio of 0.96. Citigroup has a fifty-two week low of $52.24 and a fifty-two week high of $82.77. The firm has a market cap of $154.60 billion, a P/E ratio of 13.76, a price-to-earnings-growth ratio of 0.64 and a beta of 1.44. The company’s 50-day simple moving average is $74.21 and its 200 day simple moving average is $66.91.