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:
Below please find a table outlining a discounted cash flow forecast for LMT, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Lockheed Martin Corp ranked in the 46th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 9.5%. In terms of the factors that were most noteworthy in this DCF analysis for LMT, they are:
As a business, LMT is generating more cash flow than 98.57% of positive cash flow stocks in the Industrials.
The business' balance sheet suggests that 11% of the company's capital is sourced from debt; this is greater than just 24.06% of the free cash flow producing stocks we're observing.
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 36.56% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Lockheed Martin Corp? See USAK, TT, RRD, WAB, and WLFC.
Today is the submission deadline for the three aerospace firms bidding for the right to build Canada's next fighter jet. By all accounts, U.S. defence giants Lockheed Martin and Boeing, and Swedish aircraft-maker Saab, have handed in their proposals.
U.S. defence company Raytheon is lobbying Japanese lawmakers to replace Lockheed Martin Corp as the supplier of powerful radars as Tokyo reconsiders plans for two Aegis Ashore missile defence sites, three sources said.
NASA's next-generation Mars rover Perseverance is set for liftoff from Florida's Cape Canaveral on Thursday on a mission to search for traces of potential past life on Earth's planetary neighbor. The car-sized six-wheeled robotic rover, which will launch atop an Atlas 5 rocket from the Boeing-Lockheed joint venture United Launch Alliance, also is scheduled to deploy a mini helicopter on Mars and test out equipment for future human missions to the fourth planet from the sun. "This is the ninth time we've landed on Mars, so we do have experience with it," NASA Administrator Jim Bridenstine told Reuters in an interview on Wednesday.
On CNBC's "Mad Money Lightning Round," Jim Cramer said his charitable trust has a big long position in CVS Health Corp (NYSE: CVS ) and it has been a disappointment. The company reports earnings in August and if it doesn't deliver the numbers, he will have to cut the position and move on. Lockheed Martin Corporation (NYSE: LMT ) is a buy, … Full story available on Benzinga.com
DENVER, July 29, 2020 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) developed the technology behind the aeroshell that will protect NASA's newest Mars rover, Perseverance, and deploy the first-ever Mars helicopter. The Mars 2020 spacecraft with its Perseverance rover is scheduled to launch…