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General Dynamics Gears Up For Q4 Earnings: Aerospace, Combat Systems Segments On Watch
Tuesday, January 28, 2025 - 11:21am | 422General Dynamics Corp. (NYSE:GD) is set to report its fourth-quarter financial results on Wednesday before the opening bell. Here is a preview of what to expect heading into the print. What To Watch: Investors will be looking for updates from General Dynamics' various business segments,...
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The Street's Reaction To Lockheed Martin's Q3 Earnings
Wednesday, October 24, 2018 - 1:10pm | 654Global security and aerospace company Lockheed Martin Corporation (NYSE: LMT) reported Tuesday its third-quarter results, highlighted by a top-and-bottom-line beat and an upward revised guidance. Here's a summary of how some of the Street's top analysts reacted to the print. The Analysts...
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Baird: With Its Segment Aligned, Curtiss-Wright Looks Poised For Growth
Tuesday, December 5, 2017 - 3:41pm | 453Curtiss-Wright Corp. (NYSE: CW), a manufacturer of precision components and engineered products for the industrial markets, including aerospace, defense and power generation, is well-positioned for 2018, according to a sell-side analyst. The Analyst Baird analyst Peter Arment initiated coverage...
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Can Boeing Shares Lift Off Soon? Credit Suisse Sees 29% Upside From Here
Thursday, July 27, 2017 - 9:58am | 402“We are clearly late to the party,” said Credit Suisse analyst Robert Spingarn in a note while upgrading Boeing Co (NYSE: BA) from Neutral to Outperform with a price target increase from $200 to $300. Spingarn is now one of the most bullish analysts covering Boeing (see his track record...
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A Preview Of Boeing's Q2 Earnings Results
Monday, July 10, 2017 - 1:54pm | 406Boeing Co (NYSE: BA) is set to announce its second quarter earnings fro 2017 on July 26, and Baird analyst Peter Arment expects to see good things. Arment reiterated an Outperform rating on Boeing shares, and raised its price target by over 15 percent to $240. That significant upside, about 19...
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Baird Previews Aerospace & Defense Q4: 'Long Defense, Tactical On Bizjets'
Thursday, January 19, 2017 - 2:24pm | 670Baird is positive on the aerospace and defense sector ahead of the fourth-quarter reporting season, expecting all of defense companies to report solid quarters. Also, the sector has a nice set up with FY 2018 Department of Defense budget request around the corner. “Increasing international...
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Lockheed Martin's Q3 Defends Bullish Case On This Stable Yield Story
Wednesday, October 26, 2016 - 2:48pm | 299Baird recommends to stay long on Lockheed Martin Corporation (NYSE: LMT) as it's impressed with the company’s cash flow outlook more than the solid quarterly results. Lockheed, the defense industry bellwether, expects to generate in excess of $15 billion in cash flow during 2017-2019...
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Baird Downgrades B/E Aerospace Citing Limited Upside Following Rockwell Collins Deal
Tuesday, October 25, 2016 - 12:22pm | 380A day after Rockwell Collins, Inc. (NYSE: COL) disclosed its agreement to buy B/E Aerospace Inc (NASDAQ: BEAV) for $6.4 billion, Baird downgraded B/E Aerospace's stock from an Outperform to Neutral. The firm believes there is limited opportunity for any upside potential following the...
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A Fistful Of Coverage: 5 Outperform Ratings On 5 Defense Stocks
Thursday, October 6, 2016 - 3:45pm | 484Baird analysts initiated bullish coverage on five defense stocks Thursday. “We believe the Fiscal Year 2016 funding will mark the first year of a long-term upturn for budgets and expect contractor backlogs to expand over the next several years,” said analyst Peter Arment. The analyst...
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Analyst Sees $11 In Annual EPS For L-3 Communications By 2020
Thursday, October 6, 2016 - 3:30pm | 274Baird sees L-3 Communications Holdings, Inc. (NYSE: LLL) to deliver EPS of above $11 in 2020 on strong top-line growth and stable margins at its Aerospace, Electronic Systems and Communication Systems units. L-3's expertise lies in the areas of broadband communications and sensors,...
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Aligned With Department Of Defense Priorities, Mercury Systems Could Hit A $1 Billion Market Valuation
Thursday, October 6, 2016 - 3:13pm | 268Baird sees 18.6 percent upside in Mercury Systems Inc (NASDAQ: MRCY) as it initiated the coverage of the stock with an Outperform rating and $30 target. Mercury Systems is a defense electronics company with its content on over 300 programs with heavy concentration in radars and electronic...
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Northrop Grumman: Best Growth You Can Get In Large-Cap Defense
Thursday, October 6, 2016 - 3:01pm | 340Baird designated Northrop Grumman Corporation (NYSE: NOC) as the best growth profile stock in the large-cap defense space. The firm expects revenue growth for the company between 2017 and 2020 to be in the mid-single digits following an estimated 1.5 percent for 2016. Peter Arment, an analyst at...
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As Domestic Government Budgets Inflect Higher, Raytheon Shares Poised To Ramp Up
Thursday, October 6, 2016 - 2:24pm | 376Baird Equity Research believes Raytheon Company (NYSE: RTN) stock has the potential to continue upside movement, citing the positive outlook from the domestic defense programs. Analysts Peter Arment and Asher Carey cited the importance of the domestic defense since 69 percent of the company's...
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Boeing's Free-Cash Flow And Capital Return Story Flies Below Street's Radar
Thursday, October 6, 2016 - 1:17pm | 264Baird Equity Research analyst Peter Arment initiated coverage on Boeing Co (NYSE: BA) with an Outperform rating and a price target of $161. “We believe the Free Cash Flow dynamic at BA continues to be underappreciated,” said Arment, who specifically mentioned the generation of $25...
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Boeing Earnings Have Upside: Sterne Agee CRT Sees Buybacks, More Orders Coming
Friday, April 8, 2016 - 9:40am | 275Despite expectations of softer cash flow during 1Q16, Boeing Co (NYSE: BA) has been retiring stock aggressively through its large share buyback initiative. Peter Arment of Sterne Agee CRT has maintained a Buy rating on the company, with a price target of $196. 1Q16 Expectations In line with the...