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

Lockheed Martin (NYSE:LMT) posted its quarterly earnings results on Tuesday. The aerospace company reported $7.67 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 Trading Up 1.3 %

Shares of LMT stock opened at $503.19 on Tuesday. The stock has a market cap of $119.28 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 4.05 and a beta of 0.48. The stock has a 50-day moving average of $499.24 and a 200-day moving average of $537.29. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 2.66. Lockheed Martin has a 1-year low of $413.92 and a 1-year high of $618.95.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on LMT shares. Robert W. Baird boosted their target price on Lockheed Martin from $519.00 to $626.00 in a report on Tuesday, October 22nd. TD Cowen upped their price objective on shares of Lockheed Martin from $560.00 to $610.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Citigroup reduced their target price on shares of Lockheed Martin from $700.00 to $600.00 and set a “buy” rating for the company in a report on Tuesday, January 21st. Barclays lowered their price target on shares of Lockheed Martin from $565.00 to $515.00 and set an “equal weight” rating on the stock in a report on Monday, January 6th. Finally, Truist Financial initiated coverage on Lockheed Martin in a report on Tuesday, January 14th. They set a “buy” rating and a $579.00 price objective for the company. One investment analyst has rated the stock with a sell rating, five have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $577.73.

Lockheed Martin Company Profile

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.