Defense Stocks Worth Watching – May 20th

Moderna, Boeing, GE Aerospace, Rocket Lab USA, Citigroup, Northrop Grumman, and Lockheed Martin are the seven 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 military equipment, weapons systems, aerospace platforms, cybersecurity solutions, and related services for national defense. Their performance is driven largely by government defense budgets, geopolitical tensions, long‐term contracts, and regulatory or political developments. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

Moderna (MRNA)

Moderna, Inc., a biotechnology company, discovers, develops, and commercializes messenger RNA therapeutics and vaccines for the treatment of infectious diseases, immuno-oncology, rare diseases, autoimmune, and cardiovascular diseases in the United States, Europe, and internationally. Its respiratory vaccines include COVID-19, influenza, and respiratory syncytial virus, spikevax, and hMPV/PIV3 vaccines; latent vaccines comprise cytomegalovirus, epstein-barr virus, herpes simplex virus, varicella zoster virus, and human immunodeficiency virus vaccines; public health vaccines consists of Zika, Nipah, Mpox vaccines; and infectious diseases vaccines, such as lyme and norovirus vaccines.

NASDAQ MRNA traded up $1.93 during trading hours on Tuesday, reaching $28.32. 20,937,631 shares of the company’s stock traded hands, compared to its average volume of 7,875,255. Moderna has a 52-week low of $23.15 and a 52-week high of $170.47. The firm has a market cap of $10.95 billion, a PE ratio of -3.08 and a beta of 1.99. The firm has a 50-day simple moving average of $27.70 and a 200 day simple moving average of $35.11.

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.

Boeing stock traded up $1.59 during trading hours on Tuesday, hitting $206.84. The stock had a trading volume of 2,568,800 shares, compared to its average volume of 9,185,662. The stock has a market capitalization of $155.96 billion, a P/E ratio of -11.29 and a beta of 1.41. Boeing has a 12-month low of $128.88 and a 12-month high of $209.66. The stock’s 50-day moving average price is $172.73 and its 200-day moving average price is $169.14.

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.

GE stock traded down $0.50 during midday trading on Tuesday, hitting $234.79. The company’s stock had a trading volume of 1,306,210 shares, compared to its average volume of 5,332,555. The company has a market cap of $250.38 billion, a PE ratio of 39.22, a P/E/G ratio of 2.59 and a beta of 1.31. GE Aerospace has a 12 month low of $150.20 and a 12 month high of $236.02. 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 firm’s 50-day moving average is $198.98 and its 200-day moving average is $190.15.

Rocket Lab USA (RKLB)

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.

RKLB stock traded down $0.02 during midday trading on Tuesday, hitting $25.79. The company’s stock had a trading volume of 7,957,119 shares, compared to its average volume of 15,888,450. The company has a current ratio of 2.58, a quick ratio of 2.16 and a debt-to-equity ratio of 0.97. The firm’s 50-day moving average is $20.34 and its 200-day moving average is $22.67. Rocket Lab USA has a 12 month low of $4.15 and a 12 month high of $33.34. The company has a market cap of $11.69 billion, a PE ratio of -69.64 and a beta of 2.04.

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.

Shares of C traded down $0.28 during mid-day trading on Tuesday, hitting $75.86. 2,639,791 shares of the company traded hands, compared to its average volume of 14,469,155. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a 50-day moving average price of $68.29 and a two-hundred day moving average price of $72.06. Citigroup has a 1 year low of $53.51 and a 1 year high of $84.74. The stock has a market cap of $141.68 billion, a price-to-earnings ratio of 12.75, a P/E/G ratio of 0.64 and a beta of 1.30.

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 NOC traded up $3.83 during mid-day trading on Tuesday, reaching $474.95. The stock had a trading volume of 386,073 shares, compared to its average volume of 898,143. The firm has a market cap of $68.36 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 3.73 and a beta of 0.15. Northrop Grumman has a 12 month low of $418.60 and a 12 month high of $555.57. The business has a fifty day moving average of $496.43 and a 200 day moving average of $485.22. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.91 and a current ratio of 1.01.

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 NYSE:LMT traded up $0.73 during midday trading on Tuesday, reaching $473.79. 339,039 shares of the company were exchanged, compared to its average volume of 1,283,549. 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 fifty day moving average is $461.43 and its two-hundred day moving average is $478.60. Lockheed Martin has a one year low of $418.88 and a one year high of $618.95. The stock has a market cap of $111.01 billion, a PE ratio of 21.28, a price-to-earnings-growth ratio of 2.07 and a beta of 0.29.