Lockheed Martin is a security and aerospace company, engaged in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It also provides management, engineering, technical, scientific, logistics, and information services. The company was founded in 1909 and is based in Bethesda, Maryland.
LMT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Lockheed Martin Corp. To summarize, we found that Lockheed Martin Corp ranked in the 46th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Lockheed Martin Corp, consider:
The company's debt burden, as measured by earnings divided by interest payments, is 14.06 -- which is good for besting 82.36% of its peer stocks (US stocks in the Industrials sector with positive cash flow).
LMT's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 32.73% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as LMT, try HUBB, AZZ, FC, PH, and SLNG.
Lockheed Martin (LMT) and the Defense Contract Management Agency reached a handshake agreement that the company will provide $71M in services for the F-35 program as compensation for delivering aircraft parts that were not ready for installation, Bloomberg reports.The Pentagon agency began negotiations with Lockheed in April for refunds or...
On September 25th, 2020, Lockheed Martin (LMT) authorized a fourth quarter 2020 dividend of $2.60 per share, an 8.3% increase over the previous dividend. Moreover, the company expanded its share buyback program by $1.3 billion, raising the total authorized to $3 billion. This represents an increased commitment to distribute cash...
F-35 Stealth Jet Crashes After Mid-Air Collision Over California Tyler Durden Wed, 09/30/2020 - 06:43 A Marine Corps Lockheed Martin F-35B stealth fighter crashed in Imperial County, California, at around 4 p.m. PT Tuesday while attempting an aerial refueling mission with a Lockheed Martin KC-130J refueling tanker, according to USNI News . On Tuesday afternoon, "it was reported that an F-35B made contact with a KC-130J during an air-to-air refueling evolution, resulting in the crash of the F-35B. The pilot of the F-35B ejected successfully and is currently being treated," read a statement from Marine Corps spokesman Capt. Joseph Butterfield to USNI News. "The KC-130J is on deck in the vicinity of Thermal Airport. All crew members of the KC-130J have been reported safe," Butterfield said...