The latest updates on
General Dynamics Corporation (NYSE:GD) reflect a broad spectrum of activities. The stock's intrinsic value is determined to be 29% below current levels. Several institutional investors have adjusted their positions, including HM Payson & Co., Mutual Advisors LLC, and Conning Inc., among others. Increased ownership by institutional owners is noticed, standing at
81%. However, few of these entities, such as Cannon Advisors Inc., are decreasing their positions. Significant contracts have been landed by GD, including a
$1.85 billion contract modification for submarine production. Defense contracts worth $150M are also highlighted. The upcoming quarterly earnings report carries significant market interest, given the company's history of beating estimates. In addition, GD's stock performance over the past five years shows solid returns of
110% to 125%. However, it has been criticized by the US Army for artillery plant failures. Dividend declaration and increase by the board portray a positive financial standpoint. Despite these achievements, GD's stock market performance has been slow lately, even as market gains are registered. Future prospects of GD are still positive as it continues to secure major contracts.
General Dynamics GD News Analytics from Fri, 22 Nov 2024 08:00:00 GMT to Sat, 05 Jul 2025 12:59:58 GMT -
Rating 2
- Innovation -1
- Information 6
- Rumor -2
