Northrop Grumman (NOC) Competitors

$470.22
-0.47 (-0.10%)
(As of 05/17/2024 ET)

NOC vs. TDY, LHX, TDG, GD, BA, HEI, LMT, LDOS, RTX, and DRS

Should you be buying Northrop Grumman stock or one of its competitors? The main competitors of Northrop Grumman include Teledyne Technologies (TDY), L3Harris Technologies (LHX), TransDigm Group (TDG), General Dynamics (GD), Boeing (BA), HEICO (HEI), Lockheed Martin (LMT), Leidos (LDOS), RTX (RTX), and Leonardo DRS (DRS). These companies are all part of the "aerospace" sector.

Northrop Grumman vs.

Northrop Grumman (NYSE:NOC) and Teledyne Technologies (NYSE:TDY) are both large-cap aerospace companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, earnings, media sentiment, valuation, institutional ownership, dividends, community ranking, analyst recommendations and profitability.

Northrop Grumman has higher revenue and earnings than Teledyne Technologies. Teledyne Technologies is trading at a lower price-to-earnings ratio than Northrop Grumman, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Northrop Grumman$39.29B1.77$2.06B$14.3032.88
Teledyne Technologies$5.64B3.42$885.70M$18.4921.98

83.4% of Northrop Grumman shares are owned by institutional investors. Comparatively, 91.6% of Teledyne Technologies shares are owned by institutional investors. 0.2% of Northrop Grumman shares are owned by company insiders. Comparatively, 2.1% of Teledyne Technologies shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Northrop Grumman presently has a consensus price target of $514.33, suggesting a potential upside of 9.38%. Teledyne Technologies has a consensus price target of $470.83, suggesting a potential upside of 15.85%. Given Teledyne Technologies' stronger consensus rating and higher possible upside, analysts clearly believe Teledyne Technologies is more favorable than Northrop Grumman.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Northrop Grumman
1 Sell rating(s)
6 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.27
Teledyne Technologies
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83

In the previous week, Northrop Grumman had 7 more articles in the media than Teledyne Technologies. MarketBeat recorded 21 mentions for Northrop Grumman and 14 mentions for Teledyne Technologies. Teledyne Technologies' average media sentiment score of 0.76 beat Northrop Grumman's score of 0.48 indicating that Teledyne Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Northrop Grumman
6 Very Positive mention(s)
0 Positive mention(s)
13 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Teledyne Technologies
6 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Teledyne Technologies has a net margin of 15.81% compared to Northrop Grumman's net margin of 5.38%. Northrop Grumman's return on equity of 24.09% beat Teledyne Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Northrop Grumman5.38% 24.09% 7.88%
Teledyne Technologies 15.81%10.54%6.57%

Northrop Grumman has a beta of 0.34, indicating that its stock price is 66% less volatile than the S&P 500. Comparatively, Teledyne Technologies has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500.

Northrop Grumman received 269 more outperform votes than Teledyne Technologies when rated by MarketBeat users. However, 66.43% of users gave Teledyne Technologies an outperform vote while only 62.33% of users gave Northrop Grumman an outperform vote.

CompanyUnderperformOutperform
Northrop GrummanOutperform Votes
647
62.33%
Underperform Votes
391
37.67%
Teledyne TechnologiesOutperform Votes
378
66.43%
Underperform Votes
191
33.57%

Summary

Teledyne Technologies beats Northrop Grumman on 11 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NOC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NOC vs. The Competition

MetricNorthrop GrummanSearch & navigation equipment IndustryAerospace SectorNYSE Exchange
Market Cap$69.59B$14.88B$16.97B$18.11B
Dividend Yield1.59%1.79%1.37%3.44%
P/E Ratio32.8817.1320.6523.36
Price / Sales1.7740.4320.7910.62
Price / Cash14.4632.4721.3619.24
Price / Book4.8912.424.586.00
Net Income$2.06B$431.87M$435.21M$966.17M
7 Day Performance-0.96%-1.27%0.30%1.85%
1 Month Performance1.65%4.78%5.28%6.59%
1 Year Performance6.07%23.35%20.08%23.69%

Northrop Grumman Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TDY
Teledyne Technologies
4.0261 of 5 stars
$396.00
+1.3%
$470.83
+18.9%
-2.7%$18.76B$5.64B21.4214,900Analyst Revision
LHX
L3Harris Technologies
4.5148 of 5 stars
$221.13
+0.2%
$231.80
+4.8%
+20.3%$41.94B$19.42B35.9050,000Short Interest ↓
TDG
TransDigm Group
3.7877 of 5 stars
$1,275.70
-0.4%
$1,327.44
+4.1%
+56.4%$71.39B$6.59B50.6015,500Analyst Upgrade
Insider Selling
GD
General Dynamics
4.3769 of 5 stars
$294.17
+0.2%
$300.53
+2.2%
+41.8%$80.53B$43.12B23.99111,600Insider Selling
Short Interest ↑
Analyst Revision
BA
Boeing
2.8865 of 5 stars
$180.73
+1.3%
$222.41
+23.1%
-10.8%$110.95B$77.79B-50.91171,000Analyst Forecast
Analyst Revision
HEI
HEICO
1.2943 of 5 stars
$209.97
+0.0%
$206.00
-1.9%
+20.6%$29.05B$2.97B68.629,600Short Interest ↑
LMT
Lockheed Martin
4.5992 of 5 stars
$467.18
-0.7%
$485.40
+3.9%
+2.3%$112.09B$69.64B17.09122,000Short Interest ↓
Analyst Revision
LDOS
Leidos
4.2467 of 5 stars
$146.59
+0.3%
$145.67
-0.6%
+88.4%$19.82B$15.44B63.1947,000Short Interest ↑
RTX
RTX
3.9566 of 5 stars
$105.70
-0.1%
$96.93
-8.3%
+8.4%$140.52B$68.92B41.45185,000Analyst Forecast
Insider Selling
Options Volume
DRS
Leonardo DRS
1.2223 of 5 stars
$22.97
+0.6%
$25.00
+8.8%
+48.3%$6.04B$2.83B32.816,600Positive News

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This page (NYSE:NOC) was last updated on 5/19/2024 by MarketBeat.com Staff

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