Market Update: Northrop Grumman Corporation (NYSE:NOC) – Northrop Grumman Foundation Announces Finalists of Its Fab School Labs Makeover Contest

[GlobeNewswire] – FALLS CHURCH, Va. — From among the nearly 200 public middle schools nationwide that participated, the Northrop Grumman Foundation has announced the five finalists in its Fab School Labs classroom makeover … Read more on this. Northrop Grumman Corporation (NOC) , valued at $33.72B, opened this morning at $186.99. Looking at the equity, the company’s one day range is $184.41 to $187.51 with the price of the stock fluctuating between $141.58 to $193.99 over the last 52 weeks. NOC shares are currently priced at 19.10x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 36.49x forward p/e ratio. And for dividend hunters, the company pays shareholders $3.20 per share annually in dividends, yielding 1.70%. In a review of the consensus earnings estimate this quarter, 17 sell-side analysts are looking at $1.99 per share, which would be $0.49 worse than the year-ago quarter and a $0.41 sequential decrease. Investors should also note that the full-year EPS estimate of $9.86 is a $0.11 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $5.93 Billion. If realized, that would be a 2.95% decrease over the year-ago quarter. More recently, JP Morgan Initiated NOC at Underweight (Jul 14, 2015). Previously, Deutsche Bank upgraded NOC from Hold to Buy. Investors should keep in mind is that the average price target is $200.50, which is 7.22% above where the stock opened this morning. See more in (NYSE:NOC) Similar Articles: Market Update: Northrop Grumman Corporation (NYSE:NOC) – Northrop Grumman Selected to Provide Replacement Inertial Navigation System to US Navy Company Update (NYSE:NOC): Northrop Grumman Foundation Fab School Labs Contest Announces Top 20 Semifinalist Schools Market Update: Northrop Grumman Corporation (NYSE:NOC) – Northrop Grumman Aerospace Systems Announces Organizational Realignment