Bullish On GD? You Might Want To Consider This Credit Put Spread Expiring in 16 Days
Market Chameleon (Fri, 27-Sep 9:05 AM ET)
China’s newest nuclear submarine is said to have sunk
Seeking Alpha News (Thu, 26-Sep 11:17 AM ET)
General Dynamics awarded $103.62M Army contract
Seeking Alpha News (Mon, 23-Sep 2:19 AM ET)
GDIT Awarded $299 Million Contract to Support Pentagon's Network Infrastructure
PRNewswire (Thu, 19-Sep 3:30 PM ET)
General Dynamics NASSCO Receives Additional Eight-Ship Contract to Build T-AO 10-17
PRNewswire (Fri, 13-Sep 5:10 PM ET)
PRNewswire (Wed, 4-Sep 5:00 PM ET)
All-New Gulfstream G400 Completes First Flight
PRNewswire (Thu, 15-Aug 1:28 PM ET)
General Dynamics Board Declares Dividend
PRNewswire (Wed, 7-Aug 2:30 PM ET)
PRNewswire (Mon, 5-Aug 6:02 PM ET)
General Dynamics Announces Rayha to Succeed Graney as President of Electric Boat
PRNewswire (Thu, 1-Aug 10:30 AM ET)
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technology. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment builds and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.
General Dynamics trades on the NYSE stock market under the symbol GD.
As of September 27, 2024, GD stock price declined to $300.13 with 798,445 million shares trading.
GD has a beta of 0.31, meaning it tends to be less sensitive to market movements. GD has a correlation of 0.06 to the broad based SPY ETF.
GD has a market cap of $82.47 billion. This is considered a Large Cap stock.
Last quarter General Dynamics reported $12 billion in Revenue and $3.26 earnings per share. This beat revenue expectation by $536 million and missed earnings estimates by -$.01.
In the last 3 years, GD traded as high as $309.97 and as low as $188.64.
The top ETF exchange traded funds that GD belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.
GD has outperformed the market in the last year with a return of +40.1%, while the SPY ETF gained +35.8%. However, in the most recent history, GD shares have underperformed the stock market with its stock returning +2.4% in the last 3 month period and -0.2% for the last 2 week period, while SPY has returned +5.1% and +2.5%, respectively.
GD support price is $296.91 and resistance is $304.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GD shares will trade within this expected range on the day.