As of September 19, 2023, if an individual had invested $100 in General Dynamics (GD) stock two decades ago, they would now possess $584.75, considering GD’s current price of $222.44. Over the past 20 years, General Dynamics has consistently outperformed the market, exhibiting an annualized growth rate of 1.45% and delivering an average yearly return of 9.16%. Presently, General Dynamics holds a market capitalization of $60.74 billion.
Examining the historical annual stock price data for General Dynamics, we observe that in 2022, the average stock price stood at $226.0782. The year commenced with an opening price of $200.6742, reached a peak of $252.8967, experienced a low of $199.3332, and concluded at $245.3515, reflecting a 21.67% annual change.
General Dynamics Corporation
GD
Strong Buy
Updated on: 19/09/2023
Financial Health
Very Healthy
Debt to equity ratio: Buy
Price to earnings ratio: Strong Buy
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Neutral
General Dynamics (GD) Stock Performance and Financial Analysis on September 19, 2023
On September 19, 2023, General Dynamics (GD) experienced a positive day in the stock market. The previous close for GD stock was $224.33, and it opened at $224.55. Throughout the day, the stock had a range of $222.22 to $225.14. The volume for the day was 971,786, which is slightly lower than the average volume of 1,107,808 over the past three months.
General Dynamics has a market cap of $61.2 billion. The company has shown steady earnings growth, with a 6.02% increase last year and a 3.86% increase this year. Looking ahead, analysts expect the company to continue growing, with a projected earnings growth of 10.90% over the next five years.
The revenue growth for General Dynamics has been positive, with a 2.44% increase last year. The P/E ratio for GD stock is 18.3.
General Dynamics has a price/sales ratio of 1.75. The price/book ratio is 3.31.
On September 19, 2023, General Dynamics performed well compared to some of its competitors in the aerospace and defense industry. Northrop Grumman (NOC) experienced a decrease of 1.05%, Lockheed Martin (LMT) decreased by 1.04%, and Textron Inc (TXT) decreased by 0.66%. Delta Drone SA had no change in its stock price.
General Dynamics is expected to release its next earnings report on October 25, 2023. Analysts forecast an EPS of $3.31 for this quarter. In the previous year, the company recorded an annual revenue of $39.4 billion and a profit of $3.4 billion. The net profit margin for General Dynamics is 8.60%.
General Dynamics is a key player in the electronic technology sector and the aerospace and defense industry. Despite having no executives listed, the company’s corporate headquarters is located in Reston, Virginia.
Overall, General Dynamics had a positive performance on September 19, 2023. With steady earnings and revenue growth, the company is well-positioned for future success in the aerospace and defense industry. Investors may find GD stock to be an attractive option due to its undervalued price/sales ratio and strong financials.
General Dynamics Corp (GD) Stock Analysis: Promising Investment Opportunity with Positive Future Growth Prospects
General Dynamics Corp (GD) has been performing well in the stock market, with analysts predicting a positive future for the company. According to data from CNN Money, 19 analysts have provided 12-month price forecasts for GD, with a median target of $255.00. The high estimate is $325.00, while the low estimate is $227.00. The consensus among 24 polled investment analysts is to buy stock in General Dynamics Corp. Investors seem to have confidence in GD’s future growth prospects. General Dynamics Corp reported earnings per share of $3.31 for the current quarter. Additionally, the company reported sales of $10.4 billion. Investors and analysts will be eagerly awaiting the reporting date of October 25th, when General Dynamics Corp will release its financial results for the quarter. Overall, General Dynamics Corp appears to be a promising investment opportunity. Investors should keep an eye on the upcoming financial report to assess the company’s performance and make informed investment decisions.
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