General Dynamics (GD) Given Media Sentiment Score of 0.18

Media coverage about General Dynamics (NYSE:GD) has trended somewhat positive this week, Accern reports. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. General Dynamics earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned press coverage about the aerospace company an impact score of 46.5312781708757 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of General Dynamics traded up $0.76, hitting $202.52, on Friday, reports. 2,016,935 shares of the company’s stock traded hands, compared to its average volume of 1,925,823. The stock has a market capitalization of $60.16 billion, a price-to-earnings ratio of 20.35, a PEG ratio of 1.97 and a beta of 0.84. General Dynamics has a one year low of $191.00 and a one year high of $230.00. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.98 and a current ratio of 1.34.

General Dynamics (NYSE:GD) last issued its earnings results on Wednesday, April 25th. The aerospace company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.49 by $0.16. The company had revenue of $7.50 billion during the quarter, compared to analysts’ expectations of $7.56 billion. General Dynamics had a net margin of 9.49% and a return on equity of 26.83%. The business’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.48 EPS. research analysts forecast that General Dynamics will post 11.08 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, May 11th. Shareholders of record on Friday, April 13th were given a dividend of $0.93 per share. This is a boost from General Dynamics’s previous quarterly dividend of $0.84. The ex-dividend date was Thursday, April 12th. This represents a $3.72 annualized dividend and a dividend yield of 1.84%. General Dynamics’s payout ratio is presently 37.39%.

Several research analysts have recently commented on GD shares. Morgan Stanley reduced their target price on General Dynamics from $225.00 to $217.00 and set an “underweight” rating on the stock in a report on Thursday, April 12th. Royal Bank of Canada set a $246.00 target price on General Dynamics and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Cowen reissued a “buy” rating and issued a $253.00 target price on shares of General Dynamics in a report on Monday, April 9th. Zacks Investment Research downgraded General Dynamics from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. Finally, Jefferies Group boosted their target price on General Dynamics to $247.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the stock. General Dynamics has an average rating of “Buy” and an average target price of $242.72.

In other General Dynamics news, Director Lester L. Lyles sold 5,210 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $220.73, for a total transaction of $1,150,003.30. Following the completion of the sale, the director now owns 12,537 shares in the company, valued at approximately $2,767,292.01. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Gary L. Whited sold 5,977 shares of the company’s stock in a transaction on Tuesday, March 6th. The shares were sold at an average price of $224.52, for a total transaction of $1,341,956.04. The disclosure for this sale can be found here. Insiders have sold a total of 19,253 shares of company stock valued at $4,322,831 in the last quarter. Corporate insiders own 6.70% of the company’s stock.

About General Dynamics

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.

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

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