Northrop Stock Today

NOC
 Stock
  

USD 463.70  7.46  1.64%   

Market Performance
3 of 100
Odds Of Distress
Less than 20
Northrop Grumman is trading at 463.70 as of the 26th of June 2022, a 1.64 percent up since the beginning of the trading day. The stock's open price was 456.24. Northrop Grumman has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Northrop Grumman Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 26th of June 2022. Click here to learn more.
CUSIP
666807102
Fiscal Year End
December
Business Domain
Capital Goods
IPO Date
31st of December 1981
Category
Industrials
Classification
Industrials
ISIN
US6668071029
Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company was founded in 19 and is based in Falls Church, Virginia. Northrop Grumman operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. The company has 155.44 M outstanding shares of which 2.07 M shares are now shorted by investors with about 2.46 days to cover. More on Northrop Grumman Corp

Moving together with Northrop Grumman

0.66PTENPatterson-Uti Energy Upward RallyPairCorr
Follow Valuation Options Odds of Bankruptcy
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Northrop Grumman Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Northrop Grumman's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Northrop Grumman or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Over 84.0% of the company shares are owned by institutional investors
Latest headline from www.investing.com: Northrop and Raytheon win key US hypersonic defense contracts By Reuters - Investing.com
ESG SustainabilitySome studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Northrop Grumman's sustainability indicators can be used to identify a proper investment strutegies using environmental, social, and governance scores that are crucial to Northrop Grumman's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanWesley Bush
Thematic Ideas
(view all).
Excise Tax ActivitiesControversial WeaponsSmall ArmsMilitary Contract
Average Analyst Recommendation
Analysts covering Northrop Grumman report their recommendations after researching Northrop Grumman's financial statements, talking to executives and customers, or listening in on Northrop Grumman's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Northrop Grumman Corp. The Northrop consensus assessment is calculated by taking the average forecast from all of the analysts covering Northrop Grumman.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Northrop Grumman Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Northrop Grumman Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 5 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares203.7 M160.3 M
Significantly Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted205.4 M160.9 M
Significantly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations3.1 B3.6 B
Fairly Down
Increasing
Slightly volatile
Total Assets36 B42.6 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities25.3 B29.7 B
Fairly Down
Increasing
Slightly volatile
Current Assets10.8 B12.4 B
Fairly Down
Increasing
Slightly volatile
Current Liabilities8.1 B9.5 B
Fairly Down
Increasing
Slightly volatile
Total Debt14.5 B17.9 B
Significantly Down
Increasing
Slightly volatile
Return on Average Assets17.3716.0946
Significantly Up
Increasing
Slightly volatile
Gross Margin19.920.3774
Fairly Down
Decreasing
Very volatile
Asset Turnover0.960.8195
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Northrop Grumman's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
Financial Strength
Northrop Grumman's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Northrop Grumman's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Northrop Grumman's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Northrop Grumman's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
N/A ( Average Bond Rating ) Not Rated
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Northrop Grumman's financial leverage. It provides some insight into what part of Northrop Grumman's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Northrop Grumman's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Northrop Grumman deploys its capital and how much of that capital is borrowed.
Liquidity
Northrop Grumman cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 14.49 B in debt with debt to equity (D/E) ratio of 1.09, which is OK given its current industry classification. Northrop Grumman Corp has a current ratio of 1.28, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Debt can assist Northrop Grumman until it has trouble settling it off, either with new capital or with free cash flow. So, Northrop Grumman's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northrop Grumman Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northrop to invest in growth at high rates of return. When we think about Northrop Grumman's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

3.14 BillionShare
Northrop Grumman Corp (NOC) is traded on New York Stock Exchange in USA and employs 90,000 people. The company currently falls under 'Large-Cap' category with total capitalization of 72.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Northrop Grumman's market, we take the total number of its shares issued and multiply it by Northrop Grumman's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Northrop Grumman Corp runs under Industrials sector within Aerospace & Defense industry. The entity has 155.44 M outstanding shares of which 2.07 M shares are now shorted by investors with about 2.46 days to cover. Northrop Grumman Corp has about 2.17 B in cash with 3.14 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.99.
Check Northrop Grumman Probability Of Bankruptcy
Ownership
Northrop Grumman Corp holds a total of 155.44 Million outstanding shares. The majority of Northrop Grumman outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Northrop Grumman Corp to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Northrop Grumman Corp. Please pay attention to any change in the institutional holdings of Northrop Grumman as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Northrop Ownership Details

Northrop Stock Price Odds Analysis

What are Northrop Grumman's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Northrop Grumman jumping above the current price in 90 days from now is about 25.28%. The Northrop Grumman Corp probability density function shows the probability of Northrop Grumman stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Northrop Grumman has a beta of 0.4892. This indicates as returns on the market go up, Northrop Grumman average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Northrop Grumman Corp will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1409, implying that it can generate a 0.14 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 463.7HorizonTargetOdds Above 463.7
74.35%90 days
 463.70 
25.28%
Based on a normal probability distribution, the odds of Northrop Grumman to move above the current price in 90 days from now is about 25.28 (This Northrop Grumman Corp probability density function shows the probability of Northrop Stock to fall within a particular range of prices over 90 days) .

Northrop Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Northrop Grumman that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Northrop Grumman's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Northrop Grumman's value.
InstituionSecurity TypeTotal SharesValue
State Street CorpCommon Shares14.4 M6.4 B
Capital International InvestorsCommon Shares12.4 M5.6 B
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Northrop Grumman Historical Income Statement

Northrop Grumman Corp Income Statement is one of the three primary financial statements used for reporting Northrop's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Northrop Grumman Corp revenue and expense. Northrop Grumman Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Northrop Grumman Net Income is projected to increase significantly based on the last few years of reporting. The past year's Net Income was at 7 Billion. The current year Weighted Average Shares is expected to grow to about 203.7 M, whereas Direct Expenses is forecasted to decline to about 24.4 B. View More Fundamentals

Northrop Stock Against Markets

Picking the right benchmark for Northrop Grumman stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Northrop Grumman stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Northrop Grumman is critical whether you are bullish or bearish towards Northrop Grumman Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Northrop Grumman without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Northrop Grumman Corporate Directors

Northrop Grumman corporate directors refer to members of a Northrop Grumman board of directors. The board of directors generally takes responsibility for the Northrop Grumman's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Northrop Grumman's board members must vote for the resolution. The Northrop Grumman board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Thomas Schoewe - Independent DirectorProfile
Karl Krapek - Independent DirectorProfile
Graham Robinson - Independent DirectorProfile
Donald Felsinger - Lead Independent DirectorProfile

Investing Northrop Grumman Corp

You need to understand the risk of investing before taking a position in Northrop Grumman. The danger of trading Northrop Grumman Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Northrop Grumman is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Northrop Grumman. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Northrop Grumman Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Stocks Correlation. Note that the Northrop Grumman Corp information on this page should be used as a complementary analysis to other Northrop Grumman's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Northrop Grumman Corp price analysis, check to measure Northrop Grumman's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northrop Grumman is operating at the current time. Most of Northrop Grumman's value examination focuses on studying past and present price action to predict the probability of Northrop Grumman's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Northrop Grumman's price. Additionally, you may evaluate how the addition of Northrop Grumman to your portfolios can decrease your overall portfolio volatility.
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Is Northrop Grumman's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrop Grumman. If investors know Northrop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrop Grumman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.55
Market Capitalization
72.1 B
Quarterly Revenue Growth YOY
-0.039
Return On Assets
0.11
Return On Equity
0.48
The market value of Northrop Grumman Corp is measured differently than its book value, which is the value of Northrop that is recorded on the company's balance sheet. Investors also form their own opinion of Northrop Grumman's value that differs from its market value or its book value, called intrinsic value, which is Northrop Grumman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrop Grumman's market value can be influenced by many factors that don't directly affect Northrop Grumman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrop Grumman's value and its price as these two are different measures arrived at by different means. Investors typically determine Northrop Grumman value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrop Grumman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.