A Look Into Northrop Grumman Inc's Price Over Earnings
Portfolio Pulse from Benzinga Insights
Northrop Grumman Inc.'s (NYSE:NOC) share price is currently at $441.35, after a 0.20% drop. Over the past month, the stock increased by 1.31%, but over the past year, it fell by 9.85%. The company's P/E ratio is lower than the aggregate P/E of the Aerospace & Defense industry, suggesting that the stock might be undervalued.
October 03, 2023 | 4:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Northrop Grumman's stock price has seen a slight drop in the current market session, but has increased over the past month. However, it has fallen over the past year. Its P/E ratio is lower than the industry average, suggesting potential undervaluation.
The stock price of Northrop Grumman has seen a slight drop in the current market session, but has increased over the past month. However, it has fallen over the past year. The company's P/E ratio is lower than the industry average, which could suggest that the stock is undervalued. However, a low P/E ratio can also suggest weak growth prospects or financial instability. Therefore, the impact on the stock price in the short term is neutral.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100