Lockheed Martin (LMT) Offering Possible 28.21% Return Over the Next 30 Calendar Days

Lockheed Martin's most recent trend suggests a bullish bias. One trading opportunity on Lockheed Martin is a Bull Put Spread using a strike $385.00 short put and a strike $375.00 long put offers a potential 28.21% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $385.00 by expiration. The full premium credit of $2.20 would be kept by the premium seller. The risk of $7.80 would be incurred if the stock dropped below the $375.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Lockheed Martin is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Lockheed Martin is bullish.

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Lockheed Martin

Lockheed Martin Earnings Mixed As F-35 Sales Slips While Guidance Lifted
Tue, 20 Apr 2021 11:54:24 +0000
Lockheed reported mixed Q1 earnings as its top program saw a decline in sales, while the defense giant raised its 2021 views.

Lockheed Martin beats first-quarter profit estimates and raises guidance
Tue, 20 Apr 2021 11:40:00 +0000
Defense contractor Lockheed Martin Corp. said Tuesday it had net income of $1.8 billion, or $6.56 a share, in the first quarter, up from $1.7 billion, or $6.08 a share, in the year-earlier period. Sales rose to $16.3 billion from $15.7 billion. The FactSet consensus was for EPS of $6.30 and sales of $16.3 billion. The net income figure includes unrealized gains from investments held in the Lockheed Martin Ventures Fund of $68 million, as well as severance and restructuring charges of $35 million, to close and consolidate facilities and reduce workforce at the rotary and mission systems business segment. The company raised its guidance for 2021 and now expects EPS to range from $26.40 to $26.70, compared with guidance offered in January of $26.00 to $26.30. It expects revenue to range from $67.3 billion to $68.7 billion, compared with earlier guidance of $67.1 billion to $68.5 billion. The FactSet consensus is for full-year EPS of $26.33 and revenue of $68.1 billion. Shares were down 1.1% premarket but have gained 10.4% in the year to date, while the S&P 500 has gained 10.8%.

Lockheed Martin raises outlook, beats earnings estimates
Tue, 20 Apr 2021 11:36:05 +0000
U.S. weapons maker Lockheed Martin Corp increased its outlook for 2021 sales and profit as it reported better-than-expected quarterly profits on Tuesday, helped by higher sales and profits at its unit which makes ships and helicopters. Though the maker of the F-35 fighter jet increased the midpoint of its full-year revenue outlook slightly to $68 billion, the estimate is below Wall Street's average estimate of $68.17 billion. One big potential dampener for defense companies' profits was removed earlier this month when U.S. President Joe Biden's proposed a flat defense budget for 2022 despite calls from progressive Democrats to reduce Pentagon spending.

Lockheed Martin Reports First Quarter 2021 Results
Tue, 20 Apr 2021 11:29:00 +0000
Lockheed Martin Corporation [NYSE: LMT] today reported first quarter 2021 net sales of $16.3 billion, compared to $15.7 billion in the first quarter of 2020. Net earnings in the first quarter of 2021 were $1.8 billion, or $6.56 per share, compared to $1.7 billion, or $6.08 per share, in the first quarter of 2020. Cash from operations in the first quarter of 2021 was $1.7 billion, compared to $2.3 billion in the first quarter of 2020.

Lockheed Martin Beats Profit Forecast, Raises Guidance Amid F-35 Debate
Tue, 20 Apr 2021 07:44:00 +0000
Lockheed Martin expects to deliver around 139 F-35 fighter jets this year, but lawmakers are again questioning spending commitments to the group's key military program.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.