- General Dynamics is expected to announce first-quarter earnings with a robust EPS growth forecast.
- Analysts predict a significant revenue increase, reflecting strong company performance.
- Current valuation analysis indicates potential upside for General Dynamics' stock.
General Dynamics (GD, Financial) is on the verge of unveiling its first-quarter earnings report on April 23. Forecasts from analysts anticipate an earnings per share (EPS) of $3.48, marking a remarkable 20.8% increase compared to the previous year. Additionally, revenue is projected to reach $11.95 billion, representing an 11.7% rise. Over the past quarter, estimates for both earnings and revenue have experienced several upward revisions, reflecting growing confidence in the company's performance.
Wall Street Analysts Forecast
The one-year price targets provided by 18 analysts suggest an average target price of $288.88 for General Dynamics Corp (GD, Financial). This includes a high estimate of $345.00 and a low estimate of $230.00. The current average target indicates a potential upside of 6.15% from the prevailing price of $272.13. Investors seeking more detailed estimations can find them on the General Dynamics Corp (GD) Forecast page.
With consensus from 25 brokerage firms, the average brokerage recommendation for General Dynamics Corp (GD, Financial) stands at 2.4, suggesting an "Outperform" rating. The brokerage rating system ranks from 1 to 5, with 1 as a Strong Buy and 5 as a Sell.
In terms of valuation, GuruFocus estimates the GF Value of General Dynamics Corp (GD, Financial) to be $302.16 in the upcoming year. This suggests a promising upside of 11.04% from the current stock price of $272.13. The GF Value is determined by considering historical trading multiples, past business growth, and forecasts of future performance. Further detailed insights can be accessed via the General Dynamics Corp (GD) Summary page.
