Northrop Grumman Stock Outlook: Is Wall Street Bullish or Bearish?

Valued at a market cap of almost $72 billion, Northrop Grumman Corporation (NOC) is a leading security company that offers a broad portfolio of aerospace and defense technology products. Based in Falls Church, Virginia, the company provides products, systems, and solutions in autonomous systems, cyber, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR), to name a few.

Shares of this aerospace and defense company have lagged behind the broader market over the past 52 weeks. NOC has gained 5.3% over this time frame, while the broader S&P 500 Index ($SPX) has soared 30.6%. Moreover, shares of NOC are up 4.4%, compared to SPX’s 23.6% gain on a YTD basis.