General Dynamics Corporation (GD) – Booming Business, But Richly Valued Stock

    CASEY JOHN PATRICK, Executive Vice President, subtracted 45,470 shares of General Dynamics Corporation (GD) from its portfolio at the rate of $172.46 per share valuing $7,841,883 on Apr 15. The insider left behind 102,663 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of General Dynamics Corporation (GD) was $171.94. Currently, the 1st Resistance Point for this stock is $172.77, with a 2nd Resistance Point sitting at $173.60. Meanwhile, this company’s stock has a 1st Support Level at $170.28 and a 2nd Support Level at $168.62. General Dynamics Corporation (GD) stock has lost -$0.04, or -0.02%, in the past five days. In the last full month, these shares have gained $3.95, or 2.35%. In the past three months, this stock’s price has risen by $0.22, or 0.13%. This year-to-date, General Dynamics Corporation (GD) shares have gained $14.73, or 9.37%.

    Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For General Dynamics Corporation (GD) stock, 40% of short-term indicators suggest that these shares are a “ Hold .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Buy .”

    With 288,872 K shares outstanding, this company currently has a market capitalization of $49,119,796K. General Dynamics Corporation (GD) generates $36,193 M in annual sales, amounting to annual net income of $3,345 M. This stock has generated a 1-Year Total Return of -13.95%, a 3-Year Total Return of 23.71%, and a 5-year Total Return of 43.82%. This stock’s 5-Year Dividend Growth is 116.07%, with its most recent dividend valued at $1.020 per share on 04/11/19. Its Annual Dividend Yield is 2.40%, and its Annual Dividend Rate is 4.08.

    In the most recently-reported fiscal quarter, which ended in Mar-19, General Dynamics Corporation (GD) reported earnings of $2.56 per share. Wall Street analysts, on average, were expecting the company to report earnings of $2.42 per share, representing a 0.14 difference and 5.82% surprise. In the previous quarter ending in Dec-18, the reported earnings of $3.07 represented a 0.08 difference from the consensus estimate calling for $2.99 per share, which was a 2.84% surprise.

    For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $2.72 per share. This estimate came from a total of 7 Wall Street Analysts. Of those market experts, the high estimate was $2.91 and the low estimate was $2.60. In the year-ago quarter, General Dynamics Corporation (GD) generated per-share earnings of $2.82. If the analysts are correct about the current quarter’s earnings, the growth will be -3.55% .

    Turning our focus now to insider trading activity, there have been 8 purchases (46,137 shares in total) and 3 sale (45,470 shares in total) in the last 3 months. In the last 6 months, there have been 55 insider buys amounting to 263,326 shares and 40 insider sales amounting to 165,889 shares. In the past full year, 75 insider purchases were made (involving 414,038 shares) and 50 insider sell-offs equivalent to 300,890 shares.

    Moving onto liquidity, General Dynamics Corporation (GD) has a Current Ratio of 1.23, a Quick Ratio of 0.83 and a Cash Ratio of 0.07. Looking at this company’s capital structure, its Total Debt to Total Equity is 105.84, its Total Debt to Total Capital is 51.42, and its Total Debt to Total Assets is now 27.35. Looking even further ahead into the future, its Long-Term Debt to Equity is 97.55 and its Long-Term Debt to Total Capital is 47.39.