Lockheed Martin Corp
LMT: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$664.00 | Jybnp | Jhjrbxqvz |
Lockheed Martin Earnings: F-35 and Missile Defense Programs at Full Speed; Fair Value Estimate Up To $480
Lockheed Martin reported second-quarter results on July 18 that surpassed management's previous expectations and our forecast. We increased our fair value estimate from $441 to $480 per share to reflect accelerated production of F-35 fighter jets and increased activity in missile defense programs.