General Dynamics (GD) has achieved some significant accomplishments amidst market fluctuations. The company was granted the
Canadian Logistics Vehicle Modernization contract and achieved a
new 12-month high at $302.26. It announced
impressive Q1 2024 financial results and declared a
quarterly dividend of $1.42. GD has seen a
64% return rate in the last three years and notably secured a
$185M cybersecurity deal and a
$922M deal for CENTCOM modernization. However, GD also missed Q1 Earning Estimates, while seeing growing revenues YoY.
Notably,
Westwood Holdings Group Inc. and
Epoch Investment Partners Inc. lowered their holdings in GD, while
Belpointe Asset Management LLC increased theirs. GD's outlier was also seen against market dips. GD's
stock performance has been generally positive, despite a temporary decline. GD's future outlook remains positive as its massive
$93.6B backlog sets the stage for prospective record profits.
General Dynamics GD News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sun, 09 Jun 2024 14:17:37 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor -2
