Key Highlights:
- Northrop Grumman (NOC, Financial) is expected to announce its first-quarter earnings on April 22nd, with expectations of a slight decrease in earnings per share.
- Analysts have set a one-year average target price of $561.49, suggesting a potential upside from current prices.
- Current recommendation status is "Outperform," based on brokerage firm consensus.
Northrop Grumman's Earnings Projection
Northrop Grumman (NOC) is poised to release its first-quarter financial results on April 22nd, prior to market opening. Analysts predict an earnings per share (EPS) of $6.26, representing a minor decrease of 0.9% compared to the previous year. The anticipated revenue stands at $9.95 billion, reflecting a slight decline of 1.5%. Despite this, Northrop Grumman has historically outperformed expectations, recording an 88% success rate in EPS and 75% in revenue estimates over the past two years. Nevertheless, there have been multiple downward revisions in earnings and revenue forecasts in recent months.
Analyst Price Target Insights
The one-year price targets from 21 analysts indicate an average target price of $561.49 for Northrop Grumman Corp (NOC, Financial), with the highest projection at $625.00 and the lowest at $492.08. This average forecast suggests a potential upside of 6.36% from the current trading price of $527.90. For more comprehensive forecast information, visit the Northrop Grumman Corp (NOC) Forecast page.
Brokerage Recommendations
According to the consensus recommendation from 25 brokerage firms, Northrop Grumman Corp's (NOC, Financial) average rating is currently 2.3, which aligns with an "Outperform" status. The recommendation scale ranges from 1 to 5, where 1 signifies a Strong Buy and 5 indicates Sell.
GuruFocus Valuation
GuruFocus estimates the GF Value for Northrop Grumman Corp (NOC, Financial) at $558.29 over the next year, implying a potential upside of 5.76% from its current price of $527.895. GF Value reflects an intrinsic value estimation based on historical trading multiples, past business growth, and anticipated future performance. For further details, explore the Northrop Grumman Corp (NOC) Summary page.
