Promising Defense Stocks To Research – March 7th

Boeing, Citigroup, General Electric, Moderna, Lockheed Martin, Celestica, and Analog Devices are the seven Defense stocks to watch today, according to MarketBeat’s stock screener tool. Defense stocks are shares of companies that produce military equipment, technology, and services, ranging from advanced aerospace systems to cybersecurity and conventional weapons. These stocks are often considered defensive investments because government spending on national security tends to remain stable, providing a steady revenue stream even during economic downturns. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

Boeing (BA)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

Shares of NYSE BA traded down $8.42 during trading on Friday, reaching $150.02. The company had a trading volume of 5,414,054 shares, compared to its average volume of 7,673,759. Boeing has a twelve month low of $137.03 and a twelve month high of $203.80. The stock has a 50-day moving average price of $175.56 and a two-hundred day moving average price of $164.45. The stock has a market capitalization of $112.52 billion, a PE ratio of -8.21 and a beta of 1.52.

Citigroup (C)

Citigroup Inc., a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.

C traded down $2.24 during midday trading on Friday, hitting $68.34. The company’s stock had a trading volume of 7,631,956 shares, compared to its average volume of 15,868,354. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.50. The firm has a market cap of $128.78 billion, a P/E ratio of 11.48, a PEG ratio of 0.64 and a beta of 1.43. Citigroup has a 52-week low of $53.51 and a 52-week high of $84.74. The firm has a 50-day moving average price of $77.91 and a two-hundred day moving average price of $69.60.

General Electric (GE)

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa.

Shares of GE traded down $7.30 during trading hours on Friday, hitting $188.75. The stock had a trading volume of 2,373,433 shares, compared to its average volume of 5,250,412. The firm has a market cap of $202.59 billion, a P/E ratio of 31.46, a P/E/G ratio of 2.59 and a beta of 1.19. General Electric has a 12-month low of $130.38 and a 12-month high of $212.19. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.81 and a current ratio of 1.09. The company’s fifty day simple moving average is $192.54 and its 200 day simple moving average is $182.86.

Moderna (MRNA)

Moderna, Inc., a biotechnology company, discovers, develops, and commercializes messenger RNA therapeutics and vaccines for the treatment of infectious diseases, immuno-oncology, rare diseases, autoimmune, and cardiovascular diseases in the United States, Europe, and internationally. Its respiratory vaccines include COVID-19, influenza, and respiratory syncytial virus, spikevax, and hMPV/PIV3 vaccines; latent vaccines comprise cytomegalovirus, epstein-barr virus, herpes simplex virus, varicella zoster virus, and human immunodeficiency virus vaccines; public health vaccines consists of Zika, Nipah, Mpox vaccines; and infectious diseases vaccines, such as lyme and norovirus vaccines.

NASDAQ:MRNA traded up $2.53 during mid-day trading on Friday, hitting $36.83. The company had a trading volume of 9,937,949 shares, compared to its average volume of 12,513,909. The business has a fifty day simple moving average of $36.69 and a 200-day simple moving average of $49.67. The firm has a market capitalization of $14.21 billion, a price-to-earnings ratio of -4.04 and a beta of 1.86. Moderna has a 1 year low of $29.25 and a 1 year high of $170.47.

Lockheed Martin (LMT)

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.

Shares of LMT stock traded up $13.01 on Friday, hitting $474.51. The stock had a trading volume of 703,106 shares, compared to its average volume of 1,108,068. Lockheed Martin has a 52-week low of $419.70 and a 52-week high of $618.95. The firm has a market capitalization of $111.69 billion, a price-to-earnings ratio of 21.37, a P/E/G ratio of 2.07 and a beta of 0.43. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.95 and a current ratio of 1.13. The stock’s 50 day moving average is $463.18 and its 200-day moving average is $522.42.

Celestica (CLS)

Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.

CLS stock traded down $0.43 during midday trading on Friday, hitting $81.19. 2,780,420 shares of the company’s stock were exchanged, compared to its average volume of 5,003,808. Celestica has a 12-month low of $40.25 and a 12-month high of $144.27. The company has a current ratio of 1.47, a quick ratio of 0.87 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $9.45 billion, a price-to-earnings ratio of 21.66 and a beta of 2.21. The firm has a 50 day moving average price of $111.39 and a 200-day moving average price of $83.28.

Analog Devices (ADI)

Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.

Shares of NASDAQ:ADI traded down $1.49 on Friday, reaching $221.28. 965,353 shares of the company’s stock were exchanged, compared to its average volume of 3,860,420. The company has a quick ratio of 1.43, a current ratio of 1.93 and a debt-to-equity ratio of 0.19. The business’s 50-day moving average is $218.30 and its two-hundred day moving average is $221.23. Analog Devices has a fifty-two week low of $182.57 and a fifty-two week high of $247.10. The firm has a market capitalization of $109.75 billion, a price-to-earnings ratio of 70.54, a PEG ratio of 2.85 and a beta of 1.07.