General Dynamics Corporation (GD) EPS Estimated At $2.43

July 17, 2017 - By Nellie Frank

 General Dynamics Corporation (GD) EPS Estimated At $2.43
Investors sentiment increased to 1.12 in Q4 2016. Its up 0.21, from 0.91 in 2016Q3. It is positive, as 41 investors sold General Dynamics Corporation shares while 312 reduced holdings. 128 funds opened positions while 266 raised stakes. 261.05 million shares or 0.73% less from 262.97 million shares in 2016Q3 were reported.
Yhb Inv Advsrs holds 6,129 shares. Glenmede Na invested 0.04% of its portfolio in General Dynamics Corporation (NYSE:GD). Royal Bancorporation Of Canada holds 0.05% in General Dynamics Corporation (NYSE:GD) or 515,269 shares. Price T Rowe Assocs Inc Md stated it has 816,652 shares. Asset Mgmt One Ltd invested 0.22% of its portfolio in General Dynamics Corporation (NYSE:GD). Finance Services reported 676 shares. Zweig invested in 71,367 shares. Public Sector Pension Board owns 63,235 shares. Caxton Assoc L P holds 40,000 shares. Marshwinds Advisory Co reported 14,525 shares stake. Strs Ohio, a Ohio-based fund reported 243,094 shares. Callahan Ltd Llc owns 9,300 shares for 0.39% of their portfolio. Toronto Dominion Bank invested in 0.13% or 249,609 shares. Vaughan Nelson Mngmt Lp holds 0.57% or 281,522 shares. Allen Investment Mngmt Llc has 0.01% invested in General Dynamics Corporation (NYSE:GD) for 1,223 shares.

Since January 31, 2017, it had 0 insider purchases, and 8 selling transactions for $33.86 million activity. 9,860 shares valued at $1.85M were sold by Barra Mary T on Friday, March 24. $3.58M worth of General Dynamics Corporation (NYSE:GD) was sold by Burns Mark Lagrand on Wednesday, March 29. Gallopoulos Gregory S also sold $7.17M worth of General Dynamics Corporation (NYSE:GD) shares. Another trade for 10,146 shares valued at $1.94 million was sold by FRICKS WILLIAM P. LYLES LESTER L sold $500,014 worth of stock or 2,551 shares. The insider CASEY JOHN PATRICK sold 46,722 shares worth $8.98 million. $988,019 worth of stock was sold by Johnson S. Daniel on Tuesday, February 21.

Analysts await General Dynamics Corporation (NYSE:GD) to report earnings on July, 26. They expect $2.43 EPS, down 0.41 % or $0.01 from last year’s $2.44 per share. GD’s profit will be $734.36M for 20.66 P/E if the $2.43 EPS becomes a reality. After $2.48 actual EPS reported by General Dynamics Corporation for the previous quarter, Wall Street now forecasts -2.02 % negative EPS growth. About 1.15 million shares traded or 11.65% up from the average. General Dynamics Corporation (NYSE:GD) has risen 36.41% since July 18, 2016 and is uptrending. It has outperformed by 19.71% the S&P500.

General Dynamics Corporation (NYSE:GD) Ratings Coverage

Among 16 analysts covering General Dynamics Corporation (NYSE:GD), 10 have Buy rating, 0 Sell and 6 Hold. Therefore 63% are positive. General Dynamics Corporation had 39 analyst reports since July 31, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Thursday, July 30 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, April 27 report. RBC Capital Markets maintained General Dynamics Corporation (NYSE:GD) rating on Thursday, October 29. RBC Capital Markets has “Outperform” rating and $169 target. The firm has “Buy” rating given on Wednesday, May 31 by Jefferies. Citigroup maintained General Dynamics Corporation (NYSE:GD) on Wednesday, September 7 with “Buy” rating. The stock has “Buy” rating by Jefferies on Friday, July 7. The stock of General Dynamics Corporation (NYSE:GD) has “Buy” rating given on Tuesday, August 2 by Argus Research. As per Thursday, January 12, the company rating was initiated by RBC Capital Markets. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, April 27. The firm has “Outperform” rating given on Wednesday, August 10 by Bernstein.

General Dynamics Corporation is a global aerospace and defense company. The company has market cap of $60.68 billion. The Firm offers a portfolio of services and products in business aviation; combat vehicles, weapons systems and munitions; information technology services and C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) solutions, and shipbuilding and ship repair. It has a 19.97 P/E ratio. It operates through four business groups: Aerospace, Combat Systems, Information Systems and Technology, and Marine Systems.

More recent General Dynamics Corporation (NYSE:GD) news were published by: Fool.com which released: “Better Buy: General Dynamics Corporation vs. Raytheon” on June 21, 2017. Also Seekingalpha.com published the news titled: “Time To Take Profits In General Dynamics” on July 17, 2017. Nasdaq.com‘s news article titled: “General Dynamics Corporation (GD) Ex-Dividend Date Scheduled for July 05, 2017” with publication date: July 03, 2017 was also an interesting one.

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