Top Defense Stocks To Follow Today – April 19th

Boeing, Lockheed Martin, Citigroup, General Electric, RTX, Northrop Grumman, and Analog Devices are the seven Defense stocks to watch today, according to MarketBeat’s stock screener tool. Defense stocks are shares of companies that operate within the national defense industry, including manufacturers and service providers of military equipment, technology, and related services. These stocks are often viewed as relatively stable investments during periods of geopolitical uncertainty due to consistent government spending on defense. 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 traded up $5.37 during midday trading on Friday, hitting $161.84. 9,213,706 shares of the company traded hands, compared to its average volume of 9,054,624. Boeing has a 52 week low of $128.88 and a 52 week high of $196.95. The firm has a 50 day moving average of $166.41 and a 200-day moving average of $164.03. The stock has a market cap of $121.39 billion, a price-to-earnings ratio of -8.83 and a beta of 1.24.

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.

LMT traded down $13.28 during trading hours on Friday, hitting $463.80. The company’s stock had a trading volume of 3,051,557 shares, compared to its average volume of 1,245,353. Lockheed Martin has a 12 month low of $418.88 and a 12 month high of $618.95. The company has a current ratio of 1.13, a quick ratio of 0.95 and a debt-to-equity ratio of 3.10. The business’s 50-day moving average price is $452.24 and its 200-day moving average price is $497.25. The stock has a market cap of $108.79 billion, a price-to-earnings ratio of 20.84, a P/E/G ratio of 2.07 and a beta of 0.39.

Citigroup (C)

Citigroup Inc., a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.

C traded up $1.13 during trading on Friday, reaching $63.23. The company had a trading volume of 14,653,830 shares, compared to its average volume of 14,419,522. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.50. Citigroup has a 52 week low of $53.51 and a 52 week high of $84.74. The stock has a market cap of $119.01 billion, a P/E ratio of 10.63, a PEG ratio of 0.64 and a beta of 1.29. The business has a 50 day simple moving average of $71.12 and a 200-day simple moving average of $70.92.

General Electric (GE)

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa.

Shares of GE stock traded down $0.57 during trading hours on Friday, reaching $181.88. 4,927,432 shares of the stock were exchanged, compared to its average volume of 5,453,364. The firm has a market capitalization of $195.21 billion, a price-to-earnings ratio of 30.36, a price-to-earnings-growth ratio of 2.59 and a beta of 1.04. The company’s 50-day moving average price is $196.12 and its 200-day moving average price is $186.50. General Electric has a 12-month low of $146.78 and a 12-month high of $214.21. The company has a current ratio of 1.09, a quick ratio of 0.81 and a debt-to-equity ratio of 0.88.

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 NYSE:RTX traded down $0.37 on Friday, hitting $128.89. 5,208,962 shares of the company’s stock were exchanged, compared to its average volume of 5,483,696. RTX has a 12 month low of $99.07 and a 12 month high of $136.17. The business’s 50 day simple moving average is $128.59 and its two-hundred day simple moving average is $123.83. The stock has a market capitalization of $172.07 billion, a price-to-earnings ratio of 36.31, a price-to-earnings-growth ratio of 2.11 and a beta of 0.58. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.99 and a quick ratio of 0.74.

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.

Shares of NYSE:NOC traded up $2.45 during trading on Friday, reaching $539.96. 1,102,225 shares of the company were exchanged, compared to its average volume of 866,793. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.01 and a quick ratio of 0.91. The firm has a market capitalization of $77.83 billion, a PE ratio of 19.05, a P/E/G ratio of 3.73 and a beta of 0.20. The business’s fifty day simple moving average is $488.43 and its 200-day simple moving average is $492.14. Northrop Grumman has a 12-month low of $418.60 and a 12-month high of $555.57.

Analog Devices (ADI)

Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.

NASDAQ ADI traded up $0.34 on Friday, reaching $176.27. 3,341,234 shares of the stock traded hands, compared to its average volume of 3,462,507. The company has a market cap of $87.43 billion, a price-to-earnings ratio of 56.14, a PEG ratio of 2.85 and a beta of 1.06. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.43 and a current ratio of 1.93. Analog Devices has a 12 month low of $158.65 and a 12 month high of $247.10. The company has a fifty day moving average price of $206.00 and a 200-day moving average price of $214.33.