General Dynamics (NYSE:GD – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 14.750-14.850 for the period, compared to the consensus estimate of 13.700. The company issued revenue guidance of $50.3 billion-$50.3 billion, compared to the consensus revenue estimate of $47.3 billion.
Wall Street Analyst Weigh In
A number of research analysts recently commented on the stock. Wolfe Research downgraded shares of General Dynamics from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, December 11th. Sanford C. Bernstein decreased their price target on shares of General Dynamics from $343.00 to $331.00 and set a “market perform” rating for the company in a research note on Thursday, October 24th. The Goldman Sachs Group decreased their price target on shares of General Dynamics from $245.00 to $241.00 and set a “sell” rating for the company in a research note on Tuesday. Jefferies Financial Group reiterated a “hold” rating and set a $300.00 price target (down previously from $345.00) on shares of General Dynamics in a research note on Thursday, December 12th. Finally, TD Cowen decreased their price target on shares of General Dynamics from $315.00 to $295.00 in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, General Dynamics has an average rating of “Hold” and a consensus target price of $301.24.
View Our Latest Research Report on GD
General Dynamics Stock Performance
General Dynamics (NYSE:GD – Get Free Report) last released its earnings results on Wednesday, January 29th. The aerospace company reported $4.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.29 by ($0.14). General Dynamics had a return on equity of 17.08% and a net margin of 7.93%. On average, equities analysts anticipate that General Dynamics will post 15.92 earnings per share for the current year.
General Dynamics Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 17th will be given a dividend of $1.42 per share. The ex-dividend date is Friday, January 17th. This represents a $5.68 dividend on an annualized basis and a yield of 2.22%. General Dynamics’s dividend payout ratio (DPR) is 41.64%.
General Dynamics declared that its Board of Directors has authorized a share repurchase plan on Wednesday, December 4th that allows the company to buyback 10,000,000 outstanding shares. This buyback authorization allows the aerospace company to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.
Insider Buying and Selling at General Dynamics
In other news, VP Christopher J. Brady sold 5,540 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $280.91, for a total transaction of $1,556,241.40. Following the transaction, the vice president now directly owns 20,296 shares of the company’s stock, valued at approximately $5,701,349.36. The trade was a 21.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.52% of the stock is currently owned by corporate insiders.
General Dynamics Company Profile
General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support and completion, charter, staffing, and fixed-base operator services.
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