Northrop Grumman Stock Today

NOC Stock  USD 469.54  2.41  0.52%   

Performance

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Odds Of Distress

Less than 8

 
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Low
Northrop Grumman is trading at 469.54 as of the 22nd of December 2024, a 0.52% increase since the beginning of the trading day. The stock's open price was 467.13. Northrop Grumman has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Note, on August 19, 2024, Representative Jared Moskowitz of US Congress acquired under $15k worth of Northrop Grumman's common stock.
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 145.7 M outstanding shares of which 1.63 M shares are now shorted by investors with about 2.14 days to cover. More on Northrop Grumman

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Northrop Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentKathy Warden
Thematic Ideas
(View all Themes)
Old Names[Norseman Capital Ltd, NORTHAM PLATINUM, Northam Platinum Ltd, Northam Platinum Limited]
Business ConcentrationAerospace & Defense, Industrials, NYSE Composite, Nasdaq CTA Artificial, SP 500 Index, Military Industrial, Robots And Drones, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors)
Excise Tax ActivitiesControversial WeaponsSmall ArmsMilitary Contract
Average Analyst Recommendation
Financial Strength
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
Debt Levels
Northrop Grumman can leverage 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.
Liquidity
Northrop Grumman 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. Note however, debt could still be an excellent tool for Northrop to invest in growth at high rates of return.

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 68.41 B. Northrop Grumman runs under Aerospace & Defense sector within Industrials industry. The entity has 145.7 M outstanding shares of which 1.63 M shares are now shorted by investors with about 2.14 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 maintains a total of 145.7 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. Please note that on August 19, 2024, Representative Jared Moskowitz of US Congress acquired under $15k worth of Northrop Grumman's common stock.
Check Northrop Ownership Details

Northrop Stock Institutional Holders

InstituionRecorded OnShares
Massachusetts Financial Services Company2024-09-30
2.4 M
Sanders Capital, Llc2024-09-30
2.3 M
Capital World Investors2024-09-30
1.9 M
Ameriprise Financial Inc2024-09-30
1.7 M
T. Rowe Price Associates, Inc.2024-09-30
1.6 M
Amvescap Plc.2024-09-30
1.4 M
Northern Trust Corp2024-09-30
1.1 M
Bank Of New York Mellon Corp2024-09-30
M
Legal & General Group Plc2024-09-30
M
State Street Corp2024-09-30
13.8 M
Vanguard Group Inc2024-09-30
12.6 M
View Northrop Grumman Diagnostics

Northrop Grumman Historical Income Statement

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

Northrop Grumman Corporate Directors

Thomas SchoeweIndependent DirectorProfile
Marianne BrownIndependent DirectorProfile
Karl KrapekIndependent DirectorProfile
Madeleine KleinerIndependent DirectorProfile
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 closely tied 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.
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Is Aerospace & Defense space 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
0.133
Dividend Share
7.86
Earnings Share
16.2
Revenue Per Share
276.412
Quarterly Revenue Growth
0.023
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.