General Dynamics stock closed slightly up, but underperforming market and sector

From Nasdaq: 2024-12-24 18:15:08

General Dynamics (GD) closed at $265.90, +0.27% from the previous day, underperforming the S&P 500. Shares fell 5.74% in the last month, lagging the Aerospace sector’s 4.17% loss and S&P 500’s 0.22% gain. Anticipated EPS for General Dynamics is $4.30, a 18.13% increase YoY, with revenue expected to be $13.39 billion, up 14.78% YoY.

Zacks Consensus Estimates for the fiscal year predict earnings of $13.82 per share and revenue of $47.77 billion, up 14.98% and 13.01% respectively. Analysts’ favorable outlook on the company reflects recent estimate revisions. General Dynamics currently has a Zacks Rank of #4 (Sell) with a 1.16% decrease in EPS estimate in the last 30 days.

General Dynamics has a Forward P/E ratio of 19.19, in line with the industry average. The company also has a PEG ratio of 1.64, matching the industry’s average. The Aerospace – Defense industry has a Zacks Industry Rank of 150, in the bottom 41%. The top 50% rated industries typically outperform the bottom half by 2 to 1.

Zacks experts have identified 5 stocks set to double, with previous recommendations soaring up to +673.0%. These picks are under the radar, offering a ground floor opportunity. To get the latest recommendations and free stock analysis report for General Dynamics Corporation (GD), visit Zacks.com.



Read more at Nasdaq: General Dynamics (GD) Rises Yet Lags Behind Market: Some Facts Worth Knowing