Is Wall Street Bullish or Bearish on Northrop Grumman Stock?

With a market cap of $78.1 billion, Northrop Grumman Corporation (NOC) is a leading aerospace and defense technology company that operates globally through four business segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. It specializes in advanced aircraft, missile defense, cybersecurity, space technologies, autonomous systems, and military communication solutions for defense and government customers worldwide.

Shares of the defense contractor have lagged behind the broader market over the past 52 weeks. NOC stock has gained 16.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 23.1%. Moreover, shares of the company are down 3.5% on a YTD basis, compared to SPX’s 7.3% return.