BTIG analyst Andre Madrid maintains $Northrop Grumman (NOC.US)$ with a buy rating, and adjusts the target price from $565 to $600.
According to TipRanks data, the analyst has a success rate of 90.9% and a total average return of 14.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Northrop Grumman (NOC.US)$'s main analysts recently are as follows:
Following a strong third-quarter earnings performance, Northrop Grumman increased its 2024 earnings per share guidance, influenced by a combination of heightened margin expectations and more favorable non-operating items. It is noted that robust international demand is anticipated to facilitate margin growth.
Northrop Grumman's third-quarter earnings per share and EBIT outperformed expectations, leading to an upward revision, despite revenues coming in slightly below the consensus. While the guidance remains unchanged, and the initial outlook for 2025 revenue growth is projected at 3%-4%. The company has exhibited consistent operational performance with numerous upward revisions in various business segments over the past three quarters. It is showcasing a trajectory of robust growth, improved margins, and enhanced free cash flow generation. Additionally, the company is effectively executing on two of the Department of Defense's highest priority programs that span multiple decades.
Anticipation is set for Defense Systems to experience the most significant growth in the coming years, bolstered by the inclusion of Sentinel and robust demand for ammunition. Additionally, international demand is projected to provide ongoing benefits to both revenue and margins.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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BTIG分析師Andre Madrid維持$諾斯羅普格魯曼 (NOC.US)$買入評級,並將目標價從565美元上調至600美元。
根據TipRanks數據顯示,該分析師近一年總勝率為90.9%,總平均回報率為14.9%。
此外,綜合報道,$諾斯羅普格魯曼 (NOC.US)$近期主要分析師觀點如下:
諾斯羅普格魯曼在強勁的第三季度業績表現之後,提高了其2024年每股收益指引,受到提高的利潤率預期和更有利的非營業性項目的影響。值得注意的是,預計強勁的國際需求將有助於促進利潤率增長。
諾斯羅普格魯曼的第三季度每股收益和EBIt超出預期,導致上調,儘管營業收入略低於共識。指引保持不變,2025年營業收入增長初步預計爲3%-4%。公司在過去三個季度展現了一貫的運營業績,多個業務領域進行了多次上調。公司展示出強勁增長的軌跡,改善的利潤率和增強的自由現金流生成。此外,該公司正在有效地執行美國國防部兩個最重要項目中的兩個,這些項目跨越多個十年。
預計軍工股將在未來幾年經歷最顯著的增長,這得到了Sentinel的納入和對彈藥強勁需求的支持。此外,預計國際需求將持續爲營業收入和利潤率帶來好處。
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