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NYSE:GD

General Dynamics (GD) Stock Price, News & Analysis

$294.06
-1.74 (-0.59%)
(As of 08/21/2024 ET)
Today's Range
$293.02
$296.85
50-Day Range
$279.50
$299.53
52-Week Range
$214.53
$302.75
Volume
1.03 million shs
Average Volume
1.06 million shs
Market Capitalization
$80.68 billion
P/E Ratio
23.99
Dividend Yield
1.93%
Price Target
$315.06

General Dynamics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
7.1% Upside
$315.06 Price Target
Short Interest
Healthy
0.66% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.40
Upright™ Environmental Score
News Sentiment
0.67mentions of General Dynamics in the last 14 days
Based on 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.07%
From $14.50 to $16.25 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.87 out of 5 stars

Aerospace Sector

10th out of 46 stocks

Ship & Boat Building & Repairing Industry

1st out of 5 stocks

GD stock logo

About General Dynamics Stock (NYSE:GD)

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support and completion, charter, staffing, and fixed-base operator services. The Marine Systems segment designs and builds nuclear-powered submarines, surface combatants, and auxiliary ships for the United States Navy and Jones Act ships for commercial customers, as well as builds crude oil and product tankers, and container and cargo ships; provides maintenance, modernization, and lifecycle support services for navy ships; offers and program management, planning, engineering, and design support services for submarine construction programs. The Combat Systems segment manufactures land combat solutions, such as wheeled and tracked combat vehicles, Stryker wheeled combat vehicles, piranha vehicles, weapons systems, munitions, mobile bridge systems with payloads, tactical vehicles, main battle tanks, armored vehicles, and armaments; and offers modernization programs, engineering, support, and sustainment services. The Technologies segment provides information technology solutions and mission support services; mobile communication, computers, and command-and-control mission systems; intelligence, surveillance, and reconnaissance solutions to military, intelligence, and federal civilian customers; cloud computing, artificial intelligence; machine learning; big data analytics; development, security, and operations; and unmanned undersea vehicle manufacturing and assembly services. The company was founded in 1899 and is headquartered in Reston, Virginia.

GD Stock Price History

GD Stock News Headlines

M-VBPO Raytheon 390 Premier 1A business aircraft running to the Kiev International Airport parking
Aerospace Stock Fires Up a Solid EPS Beat and Raises Guidance (GD)
Leading aerospace and defense contractor RTX Co. (NYSE: RTX) shares surged to new 52-week highs after reporting robust Q2 2024 earnings.
US developing “superweapon” to defeat China and Russia?
Our new superweapon is a gift to every patriot. I predict the devastating new tech behind this weapon will create the greatest investment opportunity for Americans since WWII. Similar stocks in the past have seen peak gains of 16,270%in just 18 months.
US developing “superweapon” to defeat China and Russia?
Our new superweapon is a gift to every patriot. I predict the devastating new tech behind this weapon will create the greatest investment opportunity for Americans since WWII. Similar stocks in the past have seen peak gains of 16,270%in just 18 months.
GD Aug 2024 270.000 call (GD240823C00270000)
GD Aug 2024 280.000 put (GD240823P00280000)
GD Aug 2024 305.000 call (GD240816C00305000)
General Dynamics Board Declares Dividend
See More Headlines
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Company Calendar

Ex-Dividend for 8/9 Dividend
7/05/2024
Last Earnings
7/24/2024
Dividend Payable
8/09/2024
Today
8/21/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Ship & boat building & repairing
Sub-Industry
Aerospace & Defense
CUSIP
36955010
Employees
106,500
Year Founded
1952

Price Target and Rating

Average Stock Price Target
$315.06
High Stock Price Target
$345.00
Low Stock Price Target
$258.00
Potential Upside/Downside
+7.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
18 Analysts

Profitability

Net Income
$3.32 billion
Pretax Margin
9.51%

Debt

Sales & Book Value

Annual Sales
$44.95 billion
Cash Flow
$15.28 per share
Book Value
$80.20 per share

Miscellaneous

Free Float
270,194,000
Market Cap
$80.68 billion
Optionable
Optionable
Beta
0.60

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Should I Buy General Dynamics Stock? GD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in General Dynamics Co.:

  • General Dynamics stock has shown consistent growth potential, with analysts forecasting a target price of $312.17, indicating a positive outlook for investors.
  • Insider trading activity suggests confidence in the company's performance, with recent sales by company executives at higher-than-average prices, indicating a positive sentiment.
  • Recent analyst ratings have been favorable, with several brokerages upgrading their recommendations to "buy" and increasing price targets, reflecting a positive market sentiment towards General Dynamics.
  • The company's financial stability, indicated by a debt-to-equity ratio of 0.33 and strong liquidity ratios, provides a solid foundation for long-term investment prospects.
  • General Dynamics' market capitalization of $80.34 billion and consistent price-to-earnings ratio of 23.85 demonstrate its position as a stable and valuable investment option in the defense sector.

Cons

Investors should be bearish about investing in General Dynamics Co. for these reasons:

  • Despite positive analyst ratings, there is a risk of market volatility affecting the stock price, potentially leading to short-term fluctuations in investment returns.
  • The company's beta of 0.60 indicates lower volatility compared to the market average, which may limit potential returns for investors seeking higher-risk opportunities.
  • Recent insider selling activity, including significant shares sold by company executives, could raise concerns about future growth prospects or internal confidence in the company's performance.
  • General Dynamics' price-to-earnings-growth ratio of 1.68 suggests that the stock may be slightly overvalued relative to its growth potential, potentially impacting future returns for investors.
  • While the company has a strong market position, competition within the defense sector and changing geopolitical dynamics could pose challenges to General Dynamics' long-term growth and profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 8, 2024. Please send any questions or comments about these General Dynamics pros and cons to contact@marketbeat.com.

GD Stock Analysis - Frequently Asked Questions

How have GD shares performed this year?

General Dynamics' stock was trading at $259.67 at the beginning of 2024. Since then, GD shares have increased by 13.2% and is now trading at $294.06.
View the best growth stocks for 2024 here
.

How were General Dynamics' earnings last quarter?

General Dynamics Co. (NYSE:GD) posted its earnings results on Wednesday, July, 24th. The aerospace company reported $3.26 earnings per share for the quarter, missing analysts' consensus estimates of $3.30 by $0.04. The business's revenue for the quarter was up 18.0% on a year-over-year basis.
Read the conference call transcript
.

What is Phebe N. Novakovic's approval rating as General Dynamics' CEO?

137 employees have rated General Dynamics Chief Executive Officer Phebe N. Novakovic on Glassdoor.com. Phebe N. Novakovic has an approval rating of 79% among the company's employees.

Does General Dynamics have any subsidiaries?

The following companies are subsidiaries of General Dynamics: CSRA, Bluefin Robotics Corporation, Applied Physical Sciences, Open Kernel Labs, Gayston Corporation - Defense Operations, Fidelis Cybersecurity, Earl Industries - Ship Repair and Coatings Division, and more.

Who are General Dynamics' major shareholders?

General Dynamics' top institutional investors include Longview Asset Management LLC (10.24%), Newport Trust Company LLC (5.64%), Massachusetts Financial Services Co. MA (2.78%) and Ameriprise Financial Inc. (0.76%). Insiders that own company stock include Phebe N Novakovic, Mark C Roualet, Gregory S Gallopoulos, Kimberly A Kuryea, Mark Lagrand Burns, Marguerite Amy Gilliland, William A Moss, Leon Rudy F De and Mark Malcolm.
View institutional ownership trends
.

How do I buy shares of General Dynamics?

Shares of GD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of General Dynamics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that General Dynamics investors own include AT&T (T), Johnson & Johnson (JNJ), Walt Disney (DIS), Intel (INTC), AbbVie (ABBV), NVIDIA (NVDA) and Home Depot (HD).

This page (NYSE:GD) was last updated on 8/22/2024 by MarketBeat.com Staff

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