Top Defense Stocks To Follow Now – June 14th

Boeing, GE Aerospace, RTX, Lockheed Martin, and Northrop Grumman are the five Defense stocks to watch today, according to MarketBeat’s stock screener tool. Defense stocks are shares of publicly traded companies that design, manufacture and support weapons systems, military equipment and related services for national defense. They encompass firms producing everything from combat aircraft, naval vessels and missile systems to cyber-security solutions and logistics support for armed forces. Investors often view defense stocks as a source of portfolio diversification and potential stability, since government defense budgets tend to remain relatively resilient even during economic slowdowns. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

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 BA stock traded down $3.54 during mid-day trading on Friday, hitting $200.21. 16,066,055 shares of the company’s stock were exchanged, compared to its average volume of 9,405,874. Boeing has a fifty-two week low of $128.88 and a fifty-two week high of $218.80. The stock has a 50-day simple moving average of $188.93 and a two-hundred day simple moving average of $176.77. The stock has a market cap of $150.96 billion, a price-to-earnings ratio of -10.93 and a beta of 1.43.

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.

Shares of GE stock traded down $3.92 during mid-day trading on Friday, hitting $236.07. 7,408,374 shares of the company’s stock were exchanged, compared to its average volume of 5,427,373. GE Aerospace has a fifty-two week low of $150.20 and a fifty-two week high of $257.47. The stock has a 50-day simple moving average of $216.42 and a two-hundred day simple moving average of $198.24. The company has a quick ratio of 0.81, a current ratio of 1.09 and a debt-to-equity ratio of 0.88. The stock has a market cap of $251.74 billion, a price-to-earnings ratio of 39.41, a PEG ratio of 2.59 and a beta of 1.38.

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.

Shares of RTX stock traded up $4.49 during mid-day trading on Friday, hitting $145.47. 11,752,057 shares of the company’s stock were exchanged, compared to its average volume of 5,398,601. RTX has a fifty-two week low of $99.07 and a fifty-two week high of $146.02. The stock has a 50-day simple moving average of $131.41 and a two-hundred day simple moving average of $126.50. 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 stock has a market cap of $194.34 billion, a price-to-earnings ratio of 40.98, a PEG ratio of 2.11 and a beta of 0.63.

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 stock traded up $16.48 during mid-day trading on Friday, hitting $485.75. 2,714,812 shares of the company’s stock were exchanged, compared to its average volume of 1,322,059. Lockheed Martin has a fifty-two week low of $418.88 and a fifty-two week high of $618.95. The stock has a 50-day simple moving average of $470.72 and a two-hundred day simple moving average of $470.42. The company has a quick ratio of 0.95, a current ratio of 1.13 and a debt-to-equity ratio of 3.10. The stock has a market cap of $113.81 billion, a price-to-earnings ratio of 21.82, a PEG ratio of 2.07 and a beta of 0.29.

Northrop Grumman (NOC)

Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. The company’s Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems.

Northrop Grumman stock traded up $20.09 during midday trading on Friday, reaching $517.22. The stock had a trading volume of 1,842,813 shares, compared to its average volume of 886,029. Northrop Grumman has a twelve month low of $418.60 and a twelve month high of $555.57. The stock has a market capitalization of $74.44 billion, a PE ratio of 18.25, a price-to-earnings-growth ratio of 3.73 and a beta of 0.14. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.91 and a current ratio of 1.01. The stock’s 50-day simple moving average is $490.98 and its 200 day simple moving average is $482.62.