Lockheed Martin (NYSE:LMT) Releases Earnings Results, Beats Estimates By $1.09 EPS

Lockheed Martin (NYSE:LMT) issued its quarterly earnings results on Tuesday. The aerospace company reported $7.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.58 by $1.09, Zacks reports. Lockheed Martin had a return on equity of 101.44% and a net margin of 9.36%. Lockheed Martin updated its FY 2025 guidance to 27.000-27.300 EPS.

Lockheed Martin Price Performance

Lockheed Martin stock opened at $471.65 on Tuesday. Lockheed Martin has a 12-month low of $413.92 and a 12-month high of $618.95. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 2.66. The firm has a 50-day moving average price of $499.24 and a 200-day moving average price of $537.29. The firm has a market capitalization of $111.80 billion, a PE ratio of 17.24, a price-to-earnings-growth ratio of 4.05 and a beta of 0.48.

Wall Street Analyst Weigh In

Several analysts recently issued reports on LMT shares. Robert W. Baird lifted their target price on Lockheed Martin from $519.00 to $626.00 in a research note on Tuesday, October 22nd. Wells Fargo & Company reduced their price objective on shares of Lockheed Martin from $543.00 to $500.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 8th. Citigroup dropped their target price on shares of Lockheed Martin from $700.00 to $600.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st. UBS Group boosted their price target on shares of Lockheed Martin from $589.00 to $603.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. Finally, TD Cowen raised their price objective on Lockheed Martin from $560.00 to $610.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, five have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $577.73.

About Lockheed Martin

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 operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.