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Company Update: General Dynamics Corp (NYSE:GD) – General Dynamics’ AN/PRC-155 MUOS-Manpack Radio Successfully Supports Government Testing of MUOS Network

[PR Newswire] – FAIRFAX, Va., Jan. 12, 2016 /PRNewswire/ — The General Dynamics Mission Systems’ two-channel AN/PRC-155 MUOS-Manpack radio has successfully provided voice and data communications with on-orbit Mobile … Read more on this. General Dynamics Corporation (GD) , valued at $41.63B, started trading this morning at $132.44. During the trading session, GD traded between $131.12 to $132.54 with the price of the stock fluctuating between $129.87 to $153.76 over the last 52 weeks. General Dynamics (GD) shares are currently priced at 14.52x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 2.16x earnings multiple for the same period. And for income investors, the company pays shareholders $2.76 per share annually in dividends, yielding 2.12%. In a review of the consensus earnings estimate this quarter, 18 sell-side analysts are looking at $2.36 per share, which would be $0.17 better than the year-ago quarter and a $0.04 sequential increase. The full-year EPS estimate is $9.04 which would be a $1.21 improvement than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $8.23 Billion. If realized, that would be a 1.56% decrease over the year-ago quarter. More recently, Drexel Hamilton upgraded GD from Hold to Buy (Dec 21, 2015). Previously, Argus upgraded GD from Hold to Buy. The average price target for GD shares is $165.00, which is 24.58% above where the stock opened this morning. See more in (NYSE:GD) Similar Articles: Company Update: General Dynamics Corp (NYSE:GD) – General Dynamics Cloud Solution Platform Receives FedRAMP Authorization Stock Update: General Dynamics Corp (NYSE:GD) – General Dynamics NASSCO Successfully Completes LNG Bunkering for the Perla Del Caribe Company Update: General Dynamics Corp (NYSE:GD) – General Dynamics Wins Contract to Provide Communications Services to USAFCENT in Southwest and Central Asia
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