Promising Defense Stocks Worth Watching – February 27th

Boeing, Celestica, Citigroup, RTX, and Analog Devices are the five Defense stocks to watch today, according to MarketBeat’s stock screener tool. Defense stocks are shares of companies that produce or supply products and services related to national defense and security, such as weapons, military vehicles, and advanced technological systems. These stocks are often considered resilient investments since consistent government spending on defense provides stable demand regardless of economic fluctuations. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

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 stock traded up $2.38 during trading hours on Thursday, reaching $175.42. The company had a trading volume of 2,063,268 shares, compared to its average volume of 7,578,481. The stock’s fifty day simple moving average is $176.99 and its 200 day simple moving average is $164.61. The company has a market capitalization of $131.57 billion, a P/E ratio of -9.59 and a beta of 1.52. Boeing has a twelve month low of $137.03 and a twelve month high of $208.10.

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 $0.11 during trading hours on Thursday, hitting $111.57. The stock had a trading volume of 2,478,604 shares, compared to its average volume of 4,813,029. The business has a 50 day simple moving average of $111.57 and a two-hundred day simple moving average of $81.72. Celestica has a 1-year low of $40.25 and a 1-year high of $144.27. 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 company has a market cap of $12.98 billion, a PE ratio of 29.87 and a beta of 2.27.

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.

C traded up $0.71 during trading hours on Thursday, reaching $79.78. 3,383,559 shares of the stock traded hands, compared to its average volume of 15,129,478. Citigroup has a fifty-two week low of $53.51 and a fifty-two week high of $84.74. The company has a market cap of $150.88 billion, a price-to-earnings ratio of 13.41, a PEG ratio of 0.64 and a beta of 1.44. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.96 and a quick ratio of 0.96. The firm’s fifty day simple moving average is $77.30 and its two-hundred day simple moving average is $69.01.

RTX (RTX)

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.

Shares of RTX traded up $2.87 during trading on Thursday, reaching $130.18. The company’s stock had a trading volume of 1,819,266 shares, compared to its average volume of 4,700,064. The company has a quick ratio of 0.74, a current ratio of 0.99 and a debt-to-equity ratio of 0.63. The company has a fifty day moving average of $122.09 and a two-hundred day moving average of $121.17. The company has a market cap of $173.41 billion, a price-to-earnings ratio of 36.70, a P/E/G ratio of 2.11 and a beta of 0.82. RTX has a twelve month low of $88.95 and a twelve month high of $132.43.

Analog Devices (ADI)

Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.

ADI stock traded down $4.36 during mid-day trading on Thursday, hitting $229.37. 928,026 shares of the company were exchanged, compared to its average volume of 3,742,441. The firm has a fifty day simple moving average of $216.87 and a 200 day simple moving average of $220.90. The company has a market capitalization of $113.76 billion, a PE ratio of 73.08, a price-to-earnings-growth ratio of 2.85 and a beta of 1.04. Analog Devices has a twelve month low of $182.57 and a twelve month high of $247.10. The company has a current ratio of 1.93, a quick ratio of 1.43 and a debt-to-equity ratio of 0.19.