General Dynamics Corporation (GD) Earns News Sentiment Score of 0.22

News stories about General Dynamics Corporation (NYSE:GD) have trended somewhat positive recently, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. General Dynamics Corporation earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the aerospace company an impact score of 46.6150384567626 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:

General Dynamics Corporation (NYSE GD) traded up $0.84 during trading on Monday, reaching $198.61. 482,818 shares of the company were exchanged, compared to its average volume of 1,149,349. The firm has a market cap of $59,050.00, a price-to-earnings ratio of 19.64, a price-to-earnings-growth ratio of 2.37 and a beta of 0.73. General Dynamics Corporation has a 1 year low of $164.97 and a 1 year high of $214.81. The company has a quick ratio of 0.93, a current ratio of 1.37 and a debt-to-equity ratio of 0.34.

General Dynamics Corporation (NYSE:GD) last issued its earnings results on Wednesday, October 25th. The aerospace company reported $2.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.43 by $0.09. The company had revenue of $7.58 billion during the quarter, compared to analyst estimates of $7.94 billion. General Dynamics Corporation had a net margin of 9.94% and a return on equity of 27.98%. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter last year, the business posted $2.36 EPS. equities analysts expect that General Dynamics Corporation will post 9.81 earnings per share for the current year.

A number of research analysts recently commented on the stock. Cowen and Company reiterated a “buy” rating and set a $230.00 price objective on shares of General Dynamics Corporation in a research note on Thursday, October 26th. Morgan Stanley assumed coverage on shares of General Dynamics Corporation in a research report on Tuesday, August 8th. They issued an “underweight” rating and a $185.00 price target on the stock. BidaskClub upgraded shares of General Dynamics Corporation from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 25th. ValuEngine lowered shares of General Dynamics Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Finally, Credit Suisse Group restated an “outperform” rating and issued a $238.00 price target (up previously from $216.00) on shares of General Dynamics Corporation in a research report on Thursday, October 26th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the company’s stock. General Dynamics Corporation presently has a consensus rating of “Hold” and a consensus target price of $218.45.

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In related news, VP Gregory S. Gallopoulos sold 78,370 shares of General Dynamics Corporation stock in a transaction on Monday, November 6th. The shares were sold at an average price of $202.93, for a total value of $15,903,624.10. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider John Patrick Casey sold 34,945 shares of General Dynamics Corporation stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $201.38, for a total transaction of $7,037,224.10. Following the completion of the transaction, the insider now owns 144,378 shares in the company, valued at approximately $29,074,841.64. The disclosure for this sale can be found here. Company insiders own 6.70% of the company’s stock.

General Dynamics Corporation Company Profile

General Dynamics Corporation is a global aerospace and defense company. The Company offers a portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; information technology (IT) services and C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) solutions, and shipbuilding and ship repair.

Insider Buying and Selling by Quarter for General Dynamics Corporation (NYSE:GD)

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