General Dynamics Corporation (GD) is a Virginia-based aerospace and defense company with a market cap of $87.3 billion. Its stock hit an all-time high of $326.02 on July 28 and has surged 16.9% in the past three months, outperforming the S&P 500 Index.

On a YTD basis, GD stock prices have soared 22.5% and gained 9.5% over the past 52 weeks. It consistently trades above its 50-day and 200-day moving averages, showing a bullish trend.

Following impressive Q2 results, GD’s stock prices surged 6.5% in a single trading session. Revenues for the quarter were $13 billion, up 8.9% year-over-year, with EPS at $3.74, surpassing estimates by 4.2%.

Despite solid performance, GD slightly underperformed Northrop Grumman Corporation. Analysts give GD a consensus “Moderate Buy” rating with a mean price target of $334.15, reflecting a 3.5% upside potential.

Read more at Yahoo Finance: Is General Dynamics Stock Outperforming the S&P 500?