Market Update (NYSE:LMT): FTC and Lockheed Martin Win 2016 ACT-IAC Dynamite Award for the Innovative Impact of

[PR Newswire] – GAITHERSBURG, Md., May 3, 2016 /PRNewswire/ — The Federal Trade Commission (FTC) and Lockheed Martin (LMT) earned the “Impacter” Dynamite Award for, a new website that supports victims of identity theft, at the recent 2016 ACT-IAC Igniting Innovation Awards event., developed by Lockheed Martin Information Systems & Global Solutions (IS&GS) under paid contract with the FTC, was launched on January 21, 2016. The mobile and tablet-friendly site allows consumers to report identity theft complaints and securely access a free, personalized guide to recovery that helps streamline many of the steps involved. Read more on this. Lockheed Martin Corporation (LMT) , with a current market cap of $71.11B, started trading this morning at $232.34. Looking at the equity, the company’s one day range is $231.37 to $233.64 with the price of the stock fluctuating between $181.91 to $234.59 over the last 52 weeks. LMT shares are currently priced at 19.75x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 22.04x forward p/e ratio. The company pays shareholders $6.60 per share in dividend income per year, for a current yield of 2.84%. According to a consensus of 18 analysts, the earnings estimate of $2.92 per share would be $0.02 worse than the year-ago quarter and a $0.01 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $11.81 would be a $0.97 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $12.61 Billion. If reported, that would be a 8.33% increase over the year-ago quarter. Recently, Berenberg Initiated LMT at Buy (Mar 17, 2016). Previously, Guggenheim Initiated LMT at to Buy. Given all the information above, we should disclose to readers that the average price target is $240.69, which is 3.59% above than it opened this morning. See more in (NYSE:LMT) Similar Articles: Market Update: Lockheed Martin Corporation (NYSE:LMT) – In Space, in the Sky and on Land: Lockheed Martin Innovates to Create a More Sustainable Future Stock Update: Lockheed Martin Corporation (NYSE:LMT) – Lockheed Martin Announces First Quarter 2016 Market Update: Lockheed Martin Corporation (NYSE:LMT) – Lockheed Martin Announces Briefing Schedule for the 2016 AFA Air Warfare Symposium
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