First Time Loading...

Northrop Grumman Corp
NYSE:NOC

Watchlist Manager
Northrop Grumman Corp Logo
Northrop Grumman Corp
NYSE:NOC
Watchlist
Price: 454.9 USD -1.33% Market Closed
Updated: Mar 2, 2024

Intrinsic Value

Northrop Grumman Corp. engages in the provision of advanced aircraft systems. [ Read More ]

The intrinsic value of one NOC stock under the Base Case scenario is 467.17 USD. Compared to the current market price of 454.9 USD, Northrop Grumman Corp is Undervalued by 3%.

Key Points:
NOC Intrinsic Value
Base Case
467.17 USD
Undervaluation 3%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Northrop Grumman Corp

Backtest NOC Intrinsic Value
Dive into the past to invest in the future

Run backtest to discover the historical profit from buying and selling NOC stocks based on their intrinsic value.

Analyze the historical link between intrinsic value and market price to make more informed investment decisions.

Run Backtest
Settings
Valuation Methods
Buy/Sell Thresholds
Buy When:
%
Sell When:
%
B
S
Run Backtest
How does it work?

Fundamental Analysis

Strong Performance and Growth Outlook
2023-Q4 Earnings Call

Strong Performance and Growth Outlook

In 2023, the company saw its revenue grow over 7%, exceeding the original guidance by more than $1 billion and achieving a record backlog of $84 billion. They invested $2.9 billion in R&D and CapEx, up by 7.5%, and returned $2.6 billion to shareholders, a 125% return of free cash flow. The firm remains focused on its core business strategy, prioritizing technology differentiation and customer value. Despite a charge on the B-21 program, they expect continued organic sales growth of 4-5% and a similar margin growth in 2024. For the coming years, the company forecasts a robust free cash flow growth, and the 2024 EPS guidance range is set at $24.45 to $24.85, indicating a 6% growth rate, with a 2026 free cash flow outlook of $3.3 billion at the midpoint.

Financials

Balance Sheet Decomposition
Northrop Grumman Corp

Current Assets 13.7B
Cash & Short-Term Investments 3.1B
Receivables 7.1B
Other Current Assets 3.5B
Non-Current Assets 32.8B
Long-Term Investments 339m
PP&E 11.5B
Intangibles 17.8B
Other Non-Current Assets 3.2B
Current Liabilities 11.9B
Accounts Payable 2.1B
Accrued Liabilities 2.5B
Other Current Liabilities 7.4B
Non-Current Liabilities 19.8B
Long-Term Debt 13.8B
Other Non-Current Liabilities 6B
Efficiency
Fundamental Scores

NOC Profitability Score
Profitability Due Diligence

Northrop Grumman Corp's profitability score is 54/100. The higher the profitability score, the more profitable the company is.

Exceptional 3-Year Average ROE
Positive Free Cash Flow
Positive Gross Profit
Positive Revenue Growth Forecast
54/100
Profitability
Score

Northrop Grumman Corp's profitability score is 54/100. The higher the profitability score, the more profitable the company is.

NOC Solvency Score
Solvency Due Diligence

Northrop Grumman Corp's solvency score is 50/100. The higher the solvency score, the more solvent the company is.

Long-Term Solvency
Average Altman Z-Score
Low D/E
Short-Term Solvency
50/100
Solvency
Score

Northrop Grumman Corp's solvency score is 50/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

NOC Price Targets Summary
Northrop Grumman Corp

Wall Street analysts forecast NOC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for NOC is 500.1 USD with a low forecast of 388.85 USD and a high forecast of 645.75 USD.

Lowest
Price Target
388.85 USD
15% Downside
Average
Price Target
500.1 USD
10% Upside
Highest
Price Target
645.75 USD
42% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Ownership

NOC Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Shareholder Return

NOC Price
Northrop Grumman Corp

1M 1M
+2%
6M 6M
+6%
1Y 1Y
-2%
3Y 3Y
+58%
5Y 5Y
+72%
10Y 10Y
+338%
Annual Price Range
454.9
52w Low
420.07
52w High
490.76
Price Metrics
Average Annual Return 21.68%
Standard Deviation of Annual Returns 25.7%
Max Drawdown -23%
Shares Statistics
Market Capitalization 68.3B USD
Shares Outstanding 150 036 000
Percentage of Shares Shorted 2.05%

NOC Return Decomposition
Main factors of price return

What is price return decomposition?

NOC News

Other Videos

Last Important Events
Northrop Grumman Corp

Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.

All
Positive
Negative

Sentiment Analysis
Northrop Grumman Corp

Today
Last 7 Days 7D
Last 30 Days 30D
Last 90 Days 90D

Company Profile

Northrop Grumman Corp Logo
Northrop Grumman Corp

Country

United States of America

Industry

Aerospace & Defense

Market Cap

68.3B USD

Dividend Yield

1.62%

Description

Northrop Grumman Corp. engages in the provision of advanced aircraft systems. The company is headquartered in Falls Church, Virginia and currently employs 88,000 full-time employees. The firm operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. Its Aeronautics Systems segment is engaged in the design, development, production, integration and production of autonomous and manned aircraft systems used for battle management, strike and intelligence, surveillance and reconnaissance (ISR). Its Defense Systems segment is engaged in designing, development, production, integration, sustainment and modernization of weapon and mission systems for military and civilian agency customers. Its Mission Systems segment is engaged in providing airborne multifunction sensors; maritime/land systems and sensors; navigation, targeting and survivability, and networked information solutions. Its Space Systems segment is engaged in the design, development, integration, production and operation of space, missile defense, launch and strategic missile systems.

Contact

VIRGINIA
Falls Church
2980 Fairview Park Dr
+17032802900.0
http://www.northropgrumman.com/

IPO

1951-12-10

Employees

88 000

Officers

Chair, CEO & President
Ms. Kathy J. Warden
Corporate VP & CFO
Mr. David F. Keffer
Corporate Vice President of Global Operations
Mr. Matthew F. Bromberg
Corporate VP & President of Aeronautics Systems Sector
Mr. Timothy H. Jones
Corporate VP & President of Mission Systems Sector
Mr. Mark A. Caylor
Vice President of Trust Administration and Investments
Mr. Rajender K. Chandhok
Show More
Chief Technology Officer
Brig.Gen. Richard Stapp
VP & Chief Information Officer
Mr. John Russell
Vice President, Investor Relations
Mr. Todd B. Ernst
Corporate VP & General Counsel
Ms. Kathryn G. Simpson
Show Less

See Also

Discover More
What is the Intrinsic Value of one NOC stock?

The intrinsic value of one NOC stock under the Base Case scenario is 467.17 USD.

Is NOC stock undervalued or overvalued?

Compared to the current market price of 454.9 USD, Northrop Grumman Corp is Undervalued by 3%.