Northrop Grumman is a leading global security company providing innovative systems, products and solutions in unmanned systems, cyber, C4ISR, and logistics and modernization to government and commercial customers worldwide. The company was founded in 1939 and is based in Falls Church, Virginia.
NOC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for NOC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Northrop Grumman Corp ranked in the 52th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Northrop Grumman Corp ended up being:
Interest coverage, a measure of earnings relative to interest payments, is 6.15; that's higher than 58.4% of US stocks in the Industrials sector that have positive free cash flow.
Northrop Grumman Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than just 20.58% 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 Northrop Grumman Corp? See AIMC, INFO, IR, TTEK, and AOS.
MTM-adjusted diluted EPS increased 14% to $5.78 vs. $5.06 in the same quarter a year ago.Sales by segment: Aeronautics +7%; Defense -2%; Mission +2%; Space +1%.Q2 and YTD net awards totaled $14.8B and $22.7B, respectively, resulting in total backlog of $70B.Increased guidance for 2020: MTM-adjusted EPS of $22.00—23.40 (from $21.80—22.20),...
Shares of Northrop Grumman (NYSE:NOC) rose 0.2% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share rose 18.77% year over year to $6.01, which beat the estimate of $5.32.Revenue of $8,884,000,000 up by 5.06% year over year, which beat the estimate of $8,630,000,000.Looking Ahead The upcoming fiscal year's EPS expected to be between $22.00 and $22.40.The upcoming fiscal year's revenue expected to be between $35,300,000,000 and $35,600,000,000.Details Of The Call Date: Jul 30, 2020View more earnings on NOCTime: 09:00 AMET Webcast URL: https://edge.media-server.com/mmc/p/vw626og9Recent Stock Performance 52-week high: $385.0052-week low: $263.31Price action over last quarter: down 4.66%Company Profile Northrop Grumman is a defense contrac...