Lockheed Martin Stock: Is Wall Street Bullish or Bearish?

With a market cap of $120.5 billion, Lockheed Martin Corporation (LMT) researches, designs, develops, manufactures, and sustains advanced technology systems, products, and services for government and commercial customers worldwide. It operates through four business segments: Aeronautics; Missiles and Fire Control; Rotary and Mission Systems; and Space, serving the U.S. government and international defense markets.

Shares of the largest U.S. defense contractor have lagged behind the broader market over the past 52 weeks. LMT stock has gained 12.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 28.2%. Moreover, shares of the company have returned 9.3% on a YTD basis, compared to SPX’s 9.4% rise.