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Stock Update: General Dynamics Corp (NYSE:GD) – General Dynamics AN/PRC-155 MUOS-Manpack Radio and MUOS Communications Network Connect U.S. Army Soldiers in the Pacific Region

[PR Newswire] – FAIRFAX, Va., Feb. 23, 2016 /PRNewswire/ — General Dynamics Mission Systems AN/PRC-155 MUOS-Manpack radio was the communications hub connecting soldiers located in the U. S. Army Pacific region with the … Read more on this. General Dynamics Corporation (GD) , valued at $42.16B, opened this morning at $135.94. Shares have traded today between $135.41 and $137.19 per share with a trailing 52-week range being $121.61 to $153.76. GD shares are currently priced at 14.38x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 40.18x forward p/e ratio. The company pays shareholders $2.76 per share in dividend income per year, for a current yield of 2.04%. Consensus earnings for the current quarter by the 17 sell-side analysts covering the stock is an estimate of $2.17 per share, which would be $0.03 better than the year-ago quarter and a $0.08 sequential decrease. The full-year EPS estimate is $9.39 which would be a $0.31 better than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $7.71 Billion. If realized, that would be a 0.90% decrease over the year-ago quarter. Recently, Drexel Hamilton upgraded GD from Hold to Buy (Dec 21, 2015). Previously, Argus upgraded GD from Hold to Buy. Investors should keep in mind is that the average price target is $159.69, which is 17.47% above where the stock opened this morning. See more in (NYSE:GD) Similar Articles: Company Update: General Dynamics Corp (NYSE:GD) – General Dynamics’ AN/PRC-155 MUOS-Manpack Radio Successfully Supports Government Testing of MUOS Network Company Update: General Dynamics Corp (NYSE:GD) – General Dynamics Wins Contract to Provide Communications Services to USAFCENT in Southwest and Central Asia Stock Update: General Dynamics Corp (NYSE:GD) – General Dynamics NASSCO Christens First ECO Tanker for American Petroleum Tankers
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