General Dynamics Corp [NYSE: GD] plunged by -$11.12 during the normal trading session on while it closed the day at $251.45.
General Dynamics Corp stock has also loss -6.47% of its value over the past 7 days. However, GD stock has declined by -16.88% in the 3 months of the year. Over the past six months meanwhile, it has lost -13.14% and lost -4.57% year-on date.
The market cap for GD stock reached $69.14 billion, with 274.97 million shares outstanding and 273.24 million shares in the current float. Compared to the average trading volume of 1.53M shares, GD reached a trading volume of 3444465 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about General Dynamics Corp [GD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GD shares is $305.63 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GD stock is a recommendation set at 2.18. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Robert W. Baird have made an estimate for General Dynamics Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 14, 2025. While these analysts kept the previous recommendation, Vertical Research dropped their target price from $352 to $290. The new note on the price target was released on January 06, 2025, representing the official price target for General Dynamics Corp stock. Previously, the target price had yet another drop from $330 to $290, while RBC Capital Mkts kept a Sector Perform rating on GD stock. On December 12, 2024, analysts decreased their price target for GD shares from 283 to 245.
The Average True Range (ATR) for General Dynamics Corp is set at 5.67, with the Price to Sales ratio for GD stock in the period of the last 12 months amounting to 1.50. The Price to Book ratio for the last quarter was 3.01, with the Price to Cash per share for the same quarter was set at 7.64. Price to Free Cash Flow for GD in the course of the last twelve months was 30.29 with Quick ratio for the last quarter at 0.80.
GD stock trade performance evaluation
General Dynamics Corp [GD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.47. With this latest performance, GD shares dropped by -5.75% in over the last four-week period, additionally sinking by -13.14% over the last 6 months – not to mention a drop of -5.14% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GD stock in for the last two-week period is set at 32.93, with the RSI for the last a single of trading hit 28.63, and the three-weeks RSI is set at 35.05 for General Dynamics Corp [GD]. The present Moving Average for the last 50 days of trading for this stock 269.80, while it was recorded at 263.77 for the last single week of trading, and 289.09 for the last 200 days.
General Dynamics Corp [GD]: An insightful look at the core fundamentals
General Dynamics Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.32.
Earnings per share (EPS) analysis for General Dynamics Corp [GD] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for General Dynamics Corp go to 10.94%.
General Dynamics Corp [GD]: Institutional Ownership
There are presently around $89.17%, or 89.62%% of GD stock, in the hands of institutional investors. The top three institutional holders of GD stocks are: LONGVIEW ASSET MANAGEMENT, LLC with ownership of 28.1 million shares, which is approximately 10.2735%. VANGUARD GROUP INC, holding 22.13 million shares of the stock with an approximate value of $$6.42 billion in GD stocks shares; and VANGUARD GROUP INC, currently with $$4.49 billion in GD stock with ownership which is approximately 5.6538%.
