From Nasdaq:

Northrop Grumman (NOC) closed at $454.90, down 1.33% from the previous day. Shares increased by 3.32% in the past month, beating sector gain of 2.2%. Earnings report expects EPS of $5.84, a 6.18% year-over-year rise. Revenue estimated to be $9.8 billion, a 5.4% increase from the previous year.

Zacks suggests monitoring Northrop Grumman’s earnings report closely. Analysts predict EPS of $24.68 and revenue of $41.05 billion for the year. Analyst estimates’ positive changes indicate future stock performance. Northrop Grumman currently holds a Zacks Rank of #3 (Hold), with a 0.5% increase in Zacks Consensus EPS estimate.

Northrop Grumman’s Forward P/E ratio is 18.68, higher than the industry average of 17.77. The PEG ratio of 1.85 indicates expected earnings growth. Aerospace – Defense stocks have an average PEG ratio of 1.87. The industry is ranked in the top 35% out of over 250 industries, showing strong performance relative to others.

Zacks identifies a “Single Best Pick to Double.” Director of Research Sheraz Mian selected a chemical company with high potential for growth. Retail investors could benefit from the company’s performance. Previous Zacks picks like Boston Beer Company and NVIDIA also showed significant growth. Download Zacks’ report for more insights and recommendations.



Read more at Nasdaq: Northrop Grumman (NOC) Stock Sinks As Market Gains: Here’s Why