Tue Jan 28 18:30:00 IST 2025: ## Lockheed Martin Stock Dips Slightly, Despite Positive Market Trends
**NEW YORK, NY** – Lockheed Martin (LMT) stock closed at $497.28 on Thursday, a 0.41% decrease despite a positive day for broader market indices. While the Dow Jones Industrial Average rose 0.93% and the S&P 500 gained 0.53%, LMT underperformed, contrasting with its 2.3% monthly gain. This monthly performance lagged behind both the Aerospace sector (4.46% gain) and the S&P 500 (2.69% gain).
Investors are keenly awaiting Lockheed Martin’s earnings report on January 28, 2025. Analysts predict an EPS of $6.60, a significant 16.46% drop year-over-year, and revenue of $18.85 billion, a slight 0.1% decrease. Recent downward revisions to analyst estimates have contributed to a Zacks Rank of #3 (Hold) for LMT. While the company’s Forward P/E ratio of 17.98 suggests it’s trading at a discount compared to its industry average of 20.33, its high PEG ratio of 4.05 raises concerns.
The Aerospace – Defense industry, which LMT belongs to, currently holds a weak Zacks Industry Rank of 180, placing it in the bottom 29% of all industries. This ranking, based on the average Zacks Rank of individual stocks within the industry, indicates potential underperformance. Investors are advised to monitor LMT’s performance and related metrics for further insights.
First Piper 