Best Defense Stocks To Research – June 11th

Lockheed Martin, GE Aerospace, Boeing, Celestica, and RTX are the five Defense stocks to watch today, according to MarketBeat’s stock screener tool. Defense stocks are shares of publicly traded companies primarily involved in the research, development, manufacturing, and maintenance of military hardware, defense systems, and related technologies. Investors often view them as a way to gain exposure to government defense spending and national security projects. Because their revenues tend to be linked to long-term defense contracts, defense stocks can offer comparatively stable cash flows even during economic downturns. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

Lockheed Martin (LMT)

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.

Shares of LMT traded down $23.50 during trading hours on Wednesday, hitting $453.40. The stock had a trading volume of 1,838,136 shares, compared to its average volume of 1,302,972. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.95 and a current ratio of 1.13. Lockheed Martin has a 12-month low of $418.88 and a 12-month high of $618.95. The firm has a market cap of $106.23 billion, a P/E ratio of 20.36, a P/E/G ratio of 2.07 and a beta of 0.29. The company’s fifty day simple moving average is $468.58 and its 200 day simple moving average is $471.13.

GE Aerospace (GE)

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.

NYSE GE traded up $3.98 during trading hours on Wednesday, reaching $245.98. The company’s stock had a trading volume of 2,549,528 shares, compared to its average volume of 5,398,969. The business has a 50-day simple moving average of $212.06 and a 200 day simple moving average of $197.14. The company has a current ratio of 1.09, a quick ratio of 0.81 and a debt-to-equity ratio of 0.88. The stock has a market cap of $262.31 billion, a PE ratio of 41.07, a PEG ratio of 2.59 and a beta of 1.38. GE Aerospace has a 52 week low of $150.20 and a 52 week high of $257.47.

Boeing (BA)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

Shares of Boeing stock traded down $1.11 during trading on Wednesday, hitting $214.62. The stock had a trading volume of 1,955,160 shares, compared to its average volume of 9,226,842. Boeing has a fifty-two week low of $128.88 and a fifty-two week high of $218.80. The firm has a market cap of $161.82 billion, a P/E ratio of -11.72 and a beta of 1.43. The business has a fifty day moving average of $184.87 and a two-hundred day moving average of $175.81.

Celestica (CLS)

Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.

Shares of CLS traded up $7.85 during mid-day trading on Wednesday, hitting $129.36. 2,540,577 shares of the company’s stock were exchanged, compared to its average volume of 3,271,157. The stock has a market cap of $14.95 billion, a price-to-earnings ratio of 34.58 and a beta of 1.74. The firm has a fifty day moving average of $98.20 and a two-hundred day moving average of $100.20. Celestica has a twelve month low of $40.25 and a twelve month high of $144.27. The company has a quick ratio of 0.87, a current ratio of 1.47 and a debt-to-equity ratio of 0.49.

RTX (RTX)

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.

RTX stock traded up $1.21 during mid-day trading on Wednesday, reaching $139.73. 2,014,627 shares of the stock traded hands, compared to its average volume of 5,359,891. The company has a quick ratio of 0.74, a current ratio of 0.99 and a debt-to-equity ratio of 0.63. The business has a 50-day moving average of $129.95 and a two-hundred day moving average of $126.07. The firm has a market capitalization of $186.67 billion, a PE ratio of 39.38, a P/E/G ratio of 2.11 and a beta of 0.63. RTX has a 52 week low of $99.07 and a 52 week high of $141.12.