Northrop Grumman Corporation (NOC) Analysts See $2.85 EPS

July 18, 2017 - By Ellis Scott

 Northrop Grumman Corporation (NOC) Analysts See $2.85 EPS
Investors sentiment increased to 1.07 in Q4 2016. Its up 0.08, from 0.99 in 2016Q3. It is positive, as 38 investors sold Northrop Grumman Corporation shares while 274 reduced holdings. 104 funds opened positions while 231 raised stakes. 139.83 million shares or 0.78% less from 140.94 million shares in 2016Q3 were reported.
Signature Estate Invest Ltd Liability Corp owns 4,619 shares. Calamos Wealth Lc invested 0.12% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Cambridge Invest Research Advsr Inc holds 12,343 shares or 0.05% of its portfolio. Middleton & Inc Ma has 0.27% invested in Northrop Grumman Corporation (NYSE:NOC). 1,299 are owned by Gyroscope Management Grp Limited Liability Corporation. Argent Trust Com has invested 0.17% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Quantitative Inv Mgmt reported 12,700 shares. Guggenheim Ltd has 216,655 shares for 0.14% of their portfolio. Connor Clark & Lunn Inv Ltd accumulated 21,675 shares or 0.03% of the stock. Keybank Association Oh reported 66,235 shares. Moody Commercial Bank Trust Division has 9,077 shares. Blue Capital reported 0.34% of its portfolio in Northrop Grumman Corporation (NYSE:NOC). Sandy Spring Bank owns 1,169 shares or 0.03% of their US portfolio. Eagle Asset Mngmt, a Florida-based fund reported 28,803 shares. Riverpoint Cap Ltd Liability Corp holds 2,580 shares.

Since February 1, 2017, it had 0 insider purchases, and 21 sales for $35.89 million activity. Hardesty Michael A sold $79,654 worth of stock. On Wednesday, February 1 the insider Bedingfield Kenneth L sold $29,276. Jones Christopher T had sold 240 shares worth $57,019. $764,520 worth of Northrop Grumman Corporation (NYSE:NOC) was sold by FLACH GLORIA A on Tuesday, February 21. $14,394 worth of Northrop Grumman Corporation (NYSE:NOC) shares were sold by Antkowiak Patrick M.. 8,587 shares valued at $2.08M were sold by Peppard Denise M. on Tuesday, February 21. Another trade for 6,772 shares valued at $1.64 million was sold by CHESTON SHEILA C..

Analysts expect Northrop Grumman Corporation (NYSE:NOC) to report $2.85 EPS on July, 26.They anticipate $0.25 EPS change or 9.62 % from last quarter’s $2.6 EPS. NOC’s profit would be $499.38 million giving it 23.23 P/E if the $2.85 EPS is correct. After having $3.63 EPS previously, Northrop Grumman Corporation’s analysts see -21.49 % EPS growth. The stock decreased 0.01% or $0.02 during the last trading session, reaching $264.81. About 609,592 shares traded or 1.69% up from the average. Northrop Grumman Corporation (NYSE:NOC) has risen 18.39% since July 18, 2016 and is uptrending. It has outperformed by 1.69% the S&P500.

Northrop Grumman Corporation (NYSE:NOC) Ratings Coverage

Among 12 analysts covering Northrop Grumman (NYSE:NOC), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Northrop Grumman had 30 analyst reports since July 30, 2015 according to SRatingsIntel. JP Morgan downgraded the stock to “Neutral” rating in Thursday, August 25 report. As per Thursday, October 6, the company rating was initiated by Robert W. Baird. On Thursday, January 12 the stock rating was initiated by RBC Capital Markets with “Outperform”. The rating was upgraded by Vertical Research on Thursday, May 11 to “Buy”. As per Friday, June 2, the company rating was maintained by RBC Capital Markets. The stock of Northrop Grumman Corporation (NYSE:NOC) earned “Buy” rating by Drexel Hamilton on Wednesday, October 28. The firm has “Peer Perform” rating given on Thursday, October 29 by Wolfe Research. The stock has “Neutral” rating by JP Morgan on Monday, October 12. RBC Capital Markets maintained Northrop Grumman Corporation (NYSE:NOC) rating on Thursday, July 30. RBC Capital Markets has “Outperform” rating and $189 target. RBC Capital Markets maintained the shares of NOC in report on Friday, January 29 with “Outperform” rating.

Northrop Grumman Corporation is a global security company. The company has market cap of $46.40 billion. The Firm provides products, systems and solutions in autonomous systems; cyber; command, control, communications and computers, intelligence, surveillance and reconnaissance ; strike, and logistics and modernization. It has a 20.7 P/E ratio. The Company’s divisions include Aerospace Systems, Mission Systems and Technology Services.

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