By otakuyassine3@gmail.com 
General Dynamics (NYSE:GD – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 14.750-14.850 for the period, compared to the consensus estimate of 13.700. The company issued revenue guidance of $50.3 billion-$50.3 billion, compared to the consensus revenue estimate of $47.3 billion.
General Dynamics Price Performance
GD stock traded up $1.60 during midday trading on Thursday, reaching $253.05. The company had a trading volume of 254,838 shares, compared to its average volume of 1,656,196. The company has a market capitalization of $69.58 billion, a price-to-earnings ratio of 19.27, a price-to-earnings-growth ratio of 1.43 and a beta of 0.61. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.32 and a quick ratio of 0.80. General Dynamics has a 1-year low of $247.01 and a 1-year high of $316.90. The stock has a 50 day moving average price of $268.00 and a 200-day moving average price of $287.23.
General Dynamics (NYSE:GD – Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The aerospace company reported $4.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.29 by ($0.14). General Dynamics had a net margin of 7.90% and a return on equity of 16.59%. Equities research analysts expect that General Dynamics will post 13.66 earnings per share for the current year.
General Dynamics Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 17th will be issued a dividend of $1.42 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a $5.68 annualized dividend and a yield of 2.24%. General Dynamics’s payout ratio is 43.26%.
General Dynamics declared that its board has initiated a stock repurchase plan on Wednesday, December 4th that permits the company to repurchase 10,000,000 outstanding shares. This repurchase authorization permits the aerospace company to buy shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.
Analyst Ratings Changes
Several equities analysts have issued reports on the company. Baird R W lowered General Dynamics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 14th. The Goldman Sachs Group dropped their price objective on shares of General Dynamics from $245.00 to $241.00 and set a “sell” rating on the stock in a report on Tuesday. Deutsche Bank Aktiengesellschaft decreased their target price on shares of General Dynamics from $303.00 to $295.00 and set a “hold” rating for the company in a research report on Thursday, January 2nd. Vertical Research downgraded General Dynamics from a “buy” rating to a “hold” rating and cut their price target for the company from $352.00 to $290.00 in a research note on Monday, January 6th. Finally, Seaport Res Ptn downgraded General Dynamics from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 11th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $302.65.
Read Our Latest Stock Report on GD
Insider Activity
In other news, VP Christopher J. Brady sold 5,540 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $280.91, for a total value of $1,556,241.40. Following the completion of the transaction, the vice president now owns 20,296 shares of the company’s stock, valued at approximately $5,701,349.36. This represents a 21.44 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.52% of the company’s stock.
About General Dynamics
General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support and completion, charter, staffing, and fixed-base operator services.
Further Reading
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