General Dynamics (GD) Earns Daily News Sentiment Rating of 0.67

News stories about General Dynamics (NYSE:GD) have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than 6,000 news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. General Dynamics earned a daily sentiment score of 0.67 on their scale. InfoTrie also gave media headlines about the aerospace company an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company’s share price in the immediate future.

These are some of the media headlines that may have impacted General Dynamics’ ranking:

General Dynamics stock opened at $181.57 on Tuesday. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.27 and a quick ratio of 0.87. General Dynamics has a 12-month low of $164.76 and a 12-month high of $230.00. The stock has a market capitalization of $54.76 billion, a P/E ratio of 18.25, a price-to-earnings-growth ratio of 1.51 and a beta of 0.98.

General Dynamics (NYSE:GD) last released its quarterly earnings results on Wednesday, October 24th. The aerospace company reported $2.89 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.76 by $0.13. General Dynamics had a return on equity of 27.22% and a net margin of 9.01%. The business had revenue of $9.09 billion during the quarter, compared to analysts’ expectations of $9.41 billion. During the same period in the previous year, the business posted $2.52 earnings per share. The firm’s revenue for the quarter was up 20.0% compared to the same quarter last year. As a group, sell-side analysts predict that General Dynamics will post 11.3 EPS for the current fiscal year.

GD has been the subject of a number of analyst reports. Cowen reissued a “buy” rating and set a $253.00 price objective on shares of General Dynamics in a report on Monday, October 15th. Morgan Stanley cut their price objective on General Dynamics from $209.00 to $189.00 and set an “underweight” rating for the company in a report on Wednesday, November 14th. Credit Suisse Group cut their price objective on General Dynamics from $229.00 to $216.00 and set an “outperform” rating for the company in a report on Thursday, October 25th. Robert W. Baird cut their price objective on General Dynamics from $243.00 to $222.00 and set an “outperform” rating for the company in a report on Thursday, October 25th. Finally, Wells Fargo & Co cut their price objective on General Dynamics from $250.00 to $210.00 and set an “outperform” rating for the company in a report on Thursday, October 25th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $230.00.

In related news, insider S. Daniel Johnson sold 77,810 shares of General Dynamics stock in a transaction dated Friday, September 14th. The stock was sold at an average price of $199.85, for a total value of $15,550,328.50. Following the completion of the sale, the insider now directly owns 99,333 shares in the company, valued at $19,851,700.05. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Mark Malcolm acquired 3,000 shares of the stock in a transaction that occurred on Friday, October 26th. The stock was purchased at an average price of $169.87 per share, with a total value of $509,610.00. Following the completion of the transaction, the director now owns 4,455 shares of the company’s stock, valued at $756,770.85. The disclosure for this purchase can be found here. Insiders own 6.90% of the company’s stock.

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General Dynamics Company Profile

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four business groups: Aerospace; Combat Systems; Information Systems and Technology; and Marine Systems. The Aerospace group designs, develops, manufactures, service and supports business-jet aircraft; and provides aircraft services, such as maintenance, aircraft management, charter, fixed-base operational, and staffing services.

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Insider Buying and Selling by Quarter for General Dynamics (NYSE:GD)

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