Northrop Grumman Stock Today

NOC Stock  USD 477.36  7.45  1.59%   

Performance

3 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 8

 
100  
 
Zero
Low
Northrop Grumman is trading at 477.36 as of the 28th of March 2024, a 1.59 percent increase since the beginning of the trading day. The stock's open price was 469.91. Northrop Grumman has only a 8 % chance of going through financial distress over the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Northrop Grumman are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of July 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
31st of December 1981
Category
Industrials
Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company was founded in 19 and is based in Falls Church, Virginia. Northrop Grumman operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. The company has 150.04 M outstanding shares of which 2.07 M shares are now shorted by investors with about 1.77 days to cover. More on Northrop Grumman

Moving together with Northrop Stock

  0.65EH Ehang Holdings Buyout TrendPairCorr

Moving against Northrop Stock

  0.49SATLW Satellogic WarrantPairCorr

Northrop Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Northrop Grumman's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Northrop Grumman or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Northrop Grumman's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Northrop Grumman's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanWesley Bush
Thematic Ideas
(View all Themes)
Old Names[NORTHAM PLATINUM, Northam Platinum Ltd, Northam Platinum Limited]
Business ConcentrationAerospace & Defense, Industrials, NYSE Composite, Nasdaq CTA Artificial, SP 500 Index, Robots And Drones, Military Industrial, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors)
Excise Tax ActivitiesControversial WeaponsSmall ArmsMilitary Contract
Average Analyst Recommendation
Analysts covering Northrop Grumman report their recommendations after researching Northrop Grumman's financial statements, talking to executives and customers, or listening in on Northrop Grumman's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Northrop Grumman. The Northrop consensus assessment is calculated by taking the average forecast from all of the analysts covering Northrop Grumman.
Financial Strength
Based on the analysis of Northrop Grumman's profitability, liquidity, and operating efficiency, Northrop Grumman is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in April. Financial strength of Northrop Grumman is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.040.0442
Moderately Down
Very volatile
Asset Turnover1.230.8441
Way Up
Slightly volatile
Gross Profit Margin0.160.1667
Sufficiently Down
Slightly volatile
Net Debt13.2 B12.6 B
Sufficiently Up
Slightly volatile
Total Current Liabilities12.5 B11.9 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total20.8 B19.8 B
Sufficiently Up
Slightly volatile
Total Assets24.1 B46.5 B
Way Down
Slightly volatile
Total Current Assets7.2 B13.7 B
Way Down
Slightly volatile
Total Cash From Operating Activities2.1 B3.9 B
Way Down
Slightly volatile
Northrop Grumman's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Northrop Grumman's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Northrop Grumman's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Northrop Grumman's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Northrop Grumman's financial leverage. It provides some insight into what part of Northrop Grumman's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Northrop Grumman's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Northrop Grumman deploys its capital and how much of that capital is borrowed.
Liquidity
Northrop Grumman cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 15.68 B in debt with debt to equity (D/E) ratio of 1.04, which is OK given its current industry classification. Northrop Grumman has a current ratio of 1.12, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Debt can assist Northrop Grumman until it has trouble settling it off, either with new capital or with free cash flow. So, Northrop Grumman's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northrop Grumman sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northrop to invest in growth at high rates of return. When we think about Northrop Grumman's use of debt, we should always consider it together with cash and equity.

Change In Cash

558.6 Million
Northrop Grumman (NOC) is traded on New York Stock Exchange in USA. It is located in 2980 Fairview Park Drive, Falls Church, VA, United States, 22042 and employs 101,000 people. Northrop Grumman is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 70.5 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Northrop Grumman's market, we take the total number of its shares issued and multiply it by Northrop Grumman's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Northrop Grumman runs under Aerospace & Defense sector within Industrials industry. The entity has 150.04 M outstanding shares of which 2.07 M shares are now shorted by investors with about 1.77 days to cover. Northrop Grumman has about 2.58 B in cash with 3.88 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.82.
Check Northrop Grumman Probability Of Bankruptcy
Ownership Allocation
Northrop Grumman holds a total of 150.04 Million outstanding shares. The majority of Northrop Grumman outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Northrop Grumman to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Northrop Grumman. Please pay attention to any change in the institutional holdings of Northrop Grumman as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Northrop Ownership Details

Northrop Stock Price Odds Analysis

What are Northrop Grumman's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Northrop Grumman jumping above the current price in 90 days from now is nearly 4.57%. The Northrop Grumman probability density function shows the probability of Northrop Grumman stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Northrop Grumman has a beta of 0.0897. This indicates as returns on the market go up, Northrop Grumman average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Northrop Grumman will be expected to be much smaller as well. Additionally, northrop Grumman has an alpha of 0.0502, implying that it can generate a 0.0502 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 477.36HorizonTargetOdds Above 477.36
95.31%90 days
 477.36 
4.57%
Based on a normal probability distribution, the odds of Northrop Grumman to move above the current price in 90 days from now is nearly 4.57 (This Northrop Grumman probability density function shows the probability of Northrop Stock to fall within a particular range of prices over 90 days) .

Northrop Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Northrop Grumman that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Northrop Grumman's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Northrop Grumman's value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
2.9 M
Sanders Capital, Llc2023-12-31
2.3 M
Goldman Sachs Group Inc2023-12-31
2.2 M
Bank Of New York Mellon Corp2023-12-31
1.7 M
Ameriprise Financial Inc2023-12-31
1.7 M
T. Rowe Price Associates, Inc.2023-12-31
1.5 M
Amvescap Plc.2023-12-31
1.3 M
Northern Trust Corp2023-12-31
1.3 M
Putnam Investments Llc2023-12-31
1.2 M
State Street Corporation2023-12-31
13.9 M
Vanguard Group Inc2023-12-31
12.1 M
View Northrop Grumman Diagnostics

Northrop Grumman Historical Income Statement

Northrop Grumman Income Statement is one of the three primary financial statements used for reporting Northrop's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Northrop Grumman revenue and expense. Northrop Grumman Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Northrop Grumman's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 41.3 B, whereas Total Revenue is forecasted to decline to about 21.7 B. View More Fundamentals

Northrop Stock Against Markets

Picking the right benchmark for Northrop Grumman stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Northrop Grumman stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Northrop Grumman is critical whether you are bullish or bearish towards Northrop Grumman at a given time. Please also check how Northrop Grumman's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Northrop Grumman without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Northrop Grumman Corporate Directors

Northrop Grumman corporate directors refer to members of a Northrop Grumman board of directors. The board of directors generally takes responsibility for the Northrop Grumman's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Northrop Grumman's board members must vote for the resolution. The Northrop Grumman board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Thomas SchoeweIndependent DirectorProfile
Karl KrapekIndependent DirectorProfile
Graham RobinsonIndependent DirectorProfile
Donald FelsingerLead Independent DirectorProfile

How to buy Northrop Stock?

Before investing in Northrop Grumman, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Northrop Grumman. To buy Northrop Grumman stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Northrop Grumman. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Northrop Grumman stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Northrop Grumman stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Northrop Grumman stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Northrop Grumman, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Northrop Stock please use our How to Invest in Northrop Grumman guide.

Already Invested in Northrop Grumman?

The danger of trading Northrop Grumman is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Northrop Grumman is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Northrop Grumman. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Northrop Grumman is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Northrop Grumman offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northrop Grumman's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northrop Grumman Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northrop Grumman Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrop Grumman. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Northrop Grumman's price analysis, check to measure Northrop Grumman's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northrop Grumman is operating at the current time. Most of Northrop Grumman's value examination focuses on studying past and present price action to predict the probability of Northrop Grumman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northrop Grumman's price. Additionally, you may evaluate how the addition of Northrop Grumman to your portfolios can decrease your overall portfolio volatility.
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Is Northrop Grumman's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrop Grumman. If investors know Northrop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrop Grumman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.049
Dividend Share
7.34
Earnings Share
13.53
Revenue Per Share
259.34
Quarterly Revenue Growth
0.06
The market value of Northrop Grumman is measured differently than its book value, which is the value of Northrop that is recorded on the company's balance sheet. Investors also form their own opinion of Northrop Grumman's value that differs from its market value or its book value, called intrinsic value, which is Northrop Grumman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrop Grumman's market value can be influenced by many factors that don't directly affect Northrop Grumman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrop Grumman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrop Grumman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrop Grumman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.