Defense Stocks To Consider – June 18th

Boeing, BigBear.ai, and Lockheed Martin are the three Defense stocks to watch today, according to MarketBeat’s stock screener tool. Defense stocks are shares of publicly traded companies that develop and manufacture military equipment, aerospace systems, cybersecurity solutions, and related support services for government defense agencies. These firms typically secure long-term contracts funded by national defense budgets, making their revenues relatively stable and often less sensitive to general economic cycles. As a result, investors may view defense stocks as a defensive play during periods of geopolitical tension or market volatility. 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 down $0.97 during mid-day trading on Wednesday, hitting $199.29. The company had a trading volume of 2,637,579 shares, compared to its average volume of 9,410,894. The stock has a market cap of $150.27 billion, a PE ratio of -11.13 and a beta of 1.43. Boeing has a 1-year low of $128.88 and a 1-year high of $218.80. The business’s 50-day simple moving average is $190.97 and its 200-day simple moving average is $177.59.

BigBear.ai (BBAI)

BigBear.ai Holdings, Inc. provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.

Shares of BBAI stock traded down $0.01 during trading hours on Wednesday, reaching $4.05. The company had a trading volume of 106,268,254 shares, compared to its average volume of 38,584,269. The stock’s fifty day simple moving average is $3.44 and its 200 day simple moving average is $3.99. BigBear.ai has a twelve month low of $1.17 and a twelve month high of $10.36. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.66 and a current ratio of 1.66. The company has a market capitalization of $1.18 billion, a P/E ratio of -5.19 and a beta of 3.29.

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.

NYSE LMT traded down $8.40 during mid-day trading on Wednesday, reaching $470.94. 905,187 shares of the company’s stock traded hands, compared to its average volume of 1,334,912. Lockheed Martin has a 1-year low of $418.88 and a 1-year high of $618.95. The company has a current ratio of 1.08, a quick ratio of 0.91 and a debt-to-equity ratio of 2.79. The company has a market cap of $110.34 billion, a price-to-earnings ratio of 20.33, a P/E/G ratio of 1.63 and a beta of 0.29. The company has a fifty day simple moving average of $471.55 and a 200-day simple moving average of $469.28.