Lockheed Martin Net Worth
Lockheed Martin Net Worth Breakdown | LMT |
Lockheed Martin Net Worth Analysis
Lockheed Martin's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Lockheed Martin's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Lockheed Martin's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Lockheed Martin's net worth analysis. One common approach is to calculate Lockheed Martin's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Lockheed Martin's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Lockheed Martin's net worth. This approach calculates the present value of Lockheed Martin's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Lockheed Martin's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Lockheed Martin's net worth. This involves comparing Lockheed Martin's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Lockheed Martin's net worth relative to its peers.
Enterprise Value |
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To determine if Lockheed Martin is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Lockheed Martin's net worth research are outlined below:
| Lockheed Martin generated a negative expected return over the last 90 days | |
| Lockheed Martin has a poor financial position based on the latest SEC disclosures | |
| About 75.0% of the company shares are owned by institutional investors | |
| Latest headline from greekcitytimes.com: No Kill Switch Exists Pentagon Rebuts F-35 Rumors Amid Rising Calls to Abandon U.S. Defense Products |
Lockheed Martin Quarterly Good Will |
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Lockheed Martin uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Lockheed Martin. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Lockheed Martin's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 16th of April 2024 Upcoming Quarterly Report | View | |
| 16th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 28th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Lockheed Martin Target Price Consensus
Lockheed target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Lockheed Martin's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 23 | Buy |
Most Lockheed analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Lockheed stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Lockheed Martin, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationLockheed Martin Target Price Projection
Lockheed Martin's current and average target prices are 470.55 and 573.31, respectively. The current price of Lockheed Martin is the price at which Lockheed Martin is currently trading. On the other hand, Lockheed Martin's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Lockheed Martin Market Quote on 19th of March 2025
Target Price
Analyst Consensus On Lockheed Martin Target Price
Know Lockheed Martin's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Lockheed Martin is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Lockheed Martin backward and forwards among themselves. Lockheed Martin's institutional investor refers to the entity that pools money to purchase Lockheed Martin's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Royal Bank Of Canada | 2024-12-31 | 2.3 M | Amvescap Plc. | 2024-12-31 | 2.1 M | Wells Fargo & Co | 2024-12-31 | 2 M | Ameriprise Financial Inc | 2024-12-31 | 1.9 M | Ubs Group Ag | 2024-12-31 | 1.9 M | Bank Of New York Mellon Corp | 2024-12-31 | 1.7 M | Franklin Resources Inc | 2024-12-31 | 1.7 M | International Assets Investment Management, Llc | 2024-09-30 | 1.6 M | Dimensional Fund Advisors, Inc. | 2024-12-31 | 1.3 M | State Street Corp | 2024-12-31 | 34.9 M | Vanguard Group Inc | 2024-12-31 | 21.5 M |
Follow Lockheed Martin's market capitalization trends
The company currently falls under 'Mega-Cap' category with a total capitalization of 110.46 B.Market Cap |
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Project Lockheed Martin's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.13 | 0.08 | |
| Return On Capital Employed | 0.19 | 0.14 | |
| Return On Assets | 0.10 | 0.06 | |
| Return On Equity | 0.84 | 0.80 |
When accessing Lockheed Martin's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Lockheed Martin's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Lockheed Martin's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Lockheed Martin's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Lockheed Martin. Check Lockheed Martin's Beneish M Score to see the likelihood of Lockheed Martin's management manipulating its earnings.
Evaluate Lockheed Martin's management efficiency
Lockheed Martin has Return on Asset of 0.0831 % which means that on every $100 spent on assets, it made $0.0831 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.8104 %, implying that it generated $0.8104 on every 100 dollars invested. Lockheed Martin's management efficiency ratios could be used to measure how well Lockheed Martin manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.08 in 2025. Return On Capital Employed is likely to drop to 0.14 in 2025. Change To Liabilities is likely to gain to about 954.5 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 12.2 B in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 26.58 | 27.90 | |
| Tangible Book Value Per Share | (28.32) | (29.74) | |
| Enterprise Value Over EBITDA | 15.15 | 7.98 | |
| Price Book Value Ratio | 18.29 | 24.76 | |
| Enterprise Value Multiple | 15.15 | 7.98 | |
| Price Fair Value | 18.29 | 24.76 | |
| Enterprise Value | 30.9 B | 25.6 B |
Lockheed Martin has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Enterprise Value Revenue 1.7997 | Revenue | Quarterly Revenue Growth (0.01) | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Lockheed Martin insiders, such as employees or executives, is commonly permitted as long as it does not rely on Lockheed Martin's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Lockheed Martin insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Gregory Ulmer over a year ago Lockheed Martin exotic insider transaction detected |
Lockheed Martin Corporate Filings
F4 | 28th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 28th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 16th of January 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
| 5th of December 2024 Prospectus used primarily for registering securities for public sale. | ViewVerify |
Lockheed Martin Earnings Estimation Breakdown
The calculation of Lockheed Martin's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Lockheed Martin is estimated to be 6.34 with the future projection ranging from a low of 6.05 to a high of 6.47. Please be aware that this consensus of annual earnings estimates for Lockheed Martin is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
6.05 Lowest | Expected EPS | 6.47 Highest |
Lockheed Martin Earnings Projection Consensus
Suppose the current estimates of Lockheed Martin's value are higher than the current market price of the Lockheed Martin stock. In this case, investors may conclude that Lockheed Martin is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Lockheed Martin's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 24 | 90.67% | 7.67 | 6.34 | 22.3 |
Lockheed Martin Earnings per Share Projection vs Actual
Actual Earning per Share of Lockheed Martin refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Lockheed Martin predict the company's earnings will be in the future. The higher the earnings per share of Lockheed Martin, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Lockheed Martin Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Lockheed Martin, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Lockheed Martin should always be considered in relation to other companies to make a more educated investment decision.Lockheed Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Lockheed Martin's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-01-21 | 2024-12-31 | 6.61 | 7.67 | 1.06 | 16 | ||
2024-10-22 | 2024-09-30 | 6.5 | 6.8 | 0.3 | 4 | ||
2024-07-23 | 2024-06-30 | 6.46 | 6.85 | 0.39 | 6 | ||
2024-04-23 | 2024-03-31 | 5.82 | 6.39 | 0.57 | 9 | ||
2024-01-23 | 2023-12-31 | 7.26 | 7.88 | 0.62 | 8 | ||
2023-10-17 | 2023-09-30 | 6.67 | 6.73 | 0.06 | 0 | ||
2023-07-18 | 2023-06-30 | 6.45 | 6.63 | 0.18 | 2 | ||
2023-04-18 | 2023-03-31 | 6.06 | 6.61 | 0.55 | 9 | ||
2023-01-24 | 2022-12-31 | 7.39 | 7.4 | 0.01 | 0 | ||
2022-10-18 | 2022-09-30 | 6.66 | 6.71 | 0.05 | 0 | ||
2022-07-19 | 2022-06-30 | 1.73 | 1.16 | -0.57 | 32 | ||
2022-04-19 | 2022-03-31 | 6.21 | 6.44 | 0.23 | 3 | ||
2022-01-25 | 2021-12-31 | 7.16 | 7.47 | 0.31 | 4 | ||
2021-10-26 | 2021-09-30 | 1.97 | 2.21 | 0.24 | 12 | ||
2021-07-26 | 2021-06-30 | 6.53 | 7.13 | 0.6 | 9 | ||
2021-04-20 | 2021-03-31 | 6.31 | 6.48 | 0.17 | 2 | ||
2021-01-26 | 2020-12-31 | 6.41 | 6.46 | 0.05 | 0 | ||
2020-10-20 | 2020-09-30 | 6.09 | 6.25 | 0.16 | 2 | ||
2020-07-21 | 2020-06-30 | 5.72 | 6.13 | 0.41 | 7 | ||
2020-04-21 | 2020-03-31 | 5.8 | 6.08 | 0.28 | 4 | ||
2020-01-28 | 2019-12-31 | 5.03 | 5.29 | 0.26 | 5 | ||
2019-10-22 | 2019-09-30 | 5.02 | 5.66 | 0.64 | 12 | ||
2019-07-23 | 2019-06-30 | 4.77 | 5.0 | 0.23 | 4 | ||
2019-04-23 | 2019-03-31 | 4.34 | 5.73 | 1.39 | 32 | ||
2019-01-29 | 2018-12-31 | 4.4 | 4.39 | -0.01 | 0 | ||
2018-10-23 | 2018-09-30 | 4.31 | 5.14 | 0.83 | 19 | ||
2018-07-24 | 2018-06-30 | 3.92 | 4.31 | 0.39 | 9 | ||
2018-04-24 | 2018-03-31 | 3.4 | 4.02 | 0.62 | 18 | ||
2018-01-29 | 2017-12-31 | 4.07 | 3.87 | -0.2 | 4 | ||
2017-10-24 | 2017-09-30 | 3.26 | 3.24 | -0.02 | 0 | ||
2017-07-18 | 2017-06-30 | 3.11 | 3.23 | 0.12 | 3 | ||
2017-04-25 | 2017-03-31 | 2.79 | 3.0 | 0.21 | 7 | ||
2017-01-24 | 2016-12-31 | 3.05 | 3.25 | 0.2 | 6 | ||
2016-10-25 | 2016-09-30 | 2.87 | 3.27 | 0.4 | 13 | ||
2016-07-19 | 2016-06-30 | 2.93 | 3.28 | 0.35 | 11 | ||
2016-04-26 | 2016-03-31 | 2.59 | 2.58 | -0.01 | 0 | ||
2016-01-26 | 2015-12-31 | 2.94 | 2.87 | -0.07 | 2 | ||
2015-10-20 | 2015-09-30 | 2.72 | 2.84 | 0.12 | 4 | ||
2015-07-20 | 2015-06-30 | 2.66 | 2.94 | 0.28 | 10 | ||
2015-04-21 | 2015-03-31 | 2.5 | 2.74 | 0.24 | 9 | ||
2015-01-27 | 2014-12-31 | 2.85 | 3.01 | 0.16 | 5 | ||
2014-10-21 | 2014-09-30 | 2.71 | 2.76 | 0.05 | 1 | ||
2014-07-22 | 2014-06-30 | 2.66 | 2.76 | 0.1 | 3 | ||
2014-04-22 | 2014-03-31 | 2.53 | 2.87 | 0.34 | 13 | ||
2014-01-23 | 2013-12-31 | 1.95 | 2.04 | 0.09 | 4 | ||
2013-10-22 | 2013-09-30 | 2.26 | 2.57 | 0.31 | 13 | ||
2013-07-23 | 2013-06-30 | 2.2 | 2.64 | 0.44 | 20 | ||
2013-04-23 | 2013-03-31 | 2.04 | 2.33 | 0.29 | 14 | ||
2013-01-24 | 2012-12-31 | 1.82 | 1.91 | 0.09 | 4 | ||
2012-10-24 | 2012-09-30 | 1.85 | 2.21 | 0.36 | 19 | ||
2012-07-24 | 2012-06-30 | 1.91 | 2.38 | 0.47 | 24 | ||
2012-04-26 | 2012-03-31 | 1.7 | 2.02 | 0.32 | 18 | ||
2012-01-26 | 2011-12-31 | 1.94 | 2.14 | 0.2 | 10 | ||
2011-10-26 | 2011-09-30 | 1.81 | 1.99 | 0.18 | 9 | ||
2011-07-26 | 2011-06-30 | 1.93 | 2.14 | 0.21 | 10 | ||
2011-04-26 | 2011-03-31 | 1.51 | 1.55 | 0.04 | 2 | ||
2011-01-27 | 2010-12-31 | 2.11 | 2.3 | 0.19 | 9 | ||
2010-10-19 | 2010-09-30 | 1.53 | 1.55 | 0.02 | 1 | ||
2010-07-27 | 2010-06-30 | 1.78 | 1.96 | 0.18 | 10 | ||
2010-04-21 | 2010-03-31 | 1.34 | 1.42 | 0.08 | 5 | ||
2010-01-28 | 2009-12-31 | 1.99 | 2.17 | 0.18 | 9 | ||
2009-10-20 | 2009-09-30 | 1.83 | 2.07 | 0.24 | 13 | ||
2009-07-21 | 2009-06-30 | 1.81 | 1.88 | 0.07 | 3 | ||
2009-04-21 | 2009-03-31 | 1.64 | 1.68 | 0.04 | 2 | ||
2009-01-22 | 2008-12-31 | 1.92 | 2.05 | 0.13 | 6 | ||
2008-10-21 | 2008-09-30 | 1.89 | 1.92 | 0.03 | 1 | ||
2008-07-22 | 2008-06-30 | 1.88 | 2.15 | 0.27 | 14 | ||
2008-04-22 | 2008-03-31 | 1.63 | 1.75 | 0.12 | 7 | ||
2008-01-24 | 2007-12-31 | 1.69 | 1.89 | 0.2 | 11 | ||
2007-10-23 | 2007-09-30 | 1.64 | 1.8 | 0.16 | 9 | ||
2007-07-24 | 2007-06-30 | 1.53 | 1.82 | 0.29 | 18 | ||
2007-04-24 | 2007-03-31 | 1.37 | 1.6 | 0.23 | 16 | ||
2007-01-25 | 2006-12-31 | 1.46 | 1.68 | 0.22 | 15 | ||
2006-10-24 | 2006-09-30 | 1.24 | 1.46 | 0.22 | 17 | ||
2006-07-25 | 2006-06-30 | 1.16 | 1.34 | 0.18 | 15 | ||
2006-04-25 | 2006-03-31 | 1.14 | 1.34 | 0.2 | 17 | ||
2006-01-26 | 2005-12-31 | 1.15 | 1.29 | 0.14 | 12 | ||
2005-10-25 | 2005-09-30 | 0.9 | 0.96 | 0.06 | 6 | ||
2005-07-26 | 2005-06-30 | 0.83 | 1.02 | 0.19 | 22 | ||
2005-04-26 | 2005-03-31 | 0.75 | 0.83 | 0.08 | 10 | ||
2005-01-27 | 2004-12-31 | 0.75 | 0.83 | 0.08 | 10 | ||
2004-10-26 | 2004-09-30 | 0.65 | 0.69 | 0.04 | 6 | ||
2004-07-27 | 2004-06-30 | 0.61 | 0.66 | 0.05 | 8 | ||
2004-04-27 | 2004-03-31 | 0.53 | 0.65 | 0.12 | 22 | ||
2004-01-27 | 2003-12-31 | 0.76 | 0.77 | 0.01 | 1 | ||
2003-10-28 | 2003-09-30 | 0.57 | 0.48 | -0.09 | 15 | ||
2003-07-24 | 2003-06-30 | 0.52 | 0.54 | 0.02 | 3 | ||
2003-04-22 | 2003-03-31 | 0.42 | 0.55 | 0.13 | 30 | ||
2003-01-24 | 2002-12-31 | 0.81 | 0.85 | 0.04 | 4 | ||
2002-10-25 | 2002-09-30 | 0.65 | 0.66 | 0.01 | 1 | ||
2002-07-18 | 2002-06-30 | 0.57 | 0.58 | 0.01 | 1 | ||
2002-04-23 | 2002-03-31 | 0.47 | 0.5 | 0.03 | 6 | ||
2002-01-25 | 2001-12-31 | 0.48 | 0.49 | 0.01 | 2 | ||
2001-10-26 | 2001-09-30 | 0.37 | 0.41 | 0.04 | 10 | ||
2001-07-26 | 2001-06-30 | 0.28 | 0.33 | 0.05 | 17 | ||
2001-04-24 | 2001-03-31 | 0.21 | 0.25 | 0.04 | 19 | ||
2001-01-25 | 2000-12-31 | 0.36 | 0.38 | 0.02 | 5 | ||
2000-10-26 | 2000-09-30 | 0.4 | 0.28 | -0.12 | 30 | ||
2000-07-20 | 2000-06-30 | 0.2 | 0.29 | 0.09 | 45 | ||
2000-04-25 | 2000-03-31 | 0.1 | 0.12 | 0.02 | 20 | ||
2000-01-28 | 1999-12-31 | 0.59 | 0.59 | 0.0 | 0 | ||
1999-10-29 | 1999-09-30 | 0.47 | 0.48 | 0.01 | 2 | ||
1999-07-20 | 1999-06-30 | -0.13 | -0.11 | 0.02 | 15 | ||
1999-04-20 | 1999-03-31 | 0.52 | 0.51 | -0.01 | 1 | ||
1999-01-28 | 1998-12-31 | 0.81 | 0.81 | 0.0 | 0 | ||
1998-10-20 | 1998-09-30 | 0.85 | 0.84 | -0.01 | 1 | ||
1998-07-21 | 1998-06-30 | 0.76 | 0.77 | 0.01 | 1 | ||
1998-04-21 | 1998-03-31 | 0.72 | 0.71 | -0.01 | 1 | ||
1998-01-20 | 1997-12-31 | 0.89 | 0.9 | 0.01 | 1 | ||
1997-10-21 | 1997-09-30 | 0.77 | 0.76 | -0.01 | 1 | ||
1997-07-22 | 1997-06-30 | 0.71 | 0.7 | -0.01 | 1 | ||
1997-04-22 | 1997-03-31 | 0.65 | 0.67 | 0.02 | 3 | ||
1997-01-21 | 1996-12-31 | 0.73 | 0.74 | 0.01 | 1 | ||
1996-10-22 | 1996-09-30 | 0.68 | 0.69 | 0.01 | 1 | ||
1996-07-23 | 1996-06-30 | 0.63 | 0.67 | 0.04 | 6 | ||
1996-04-24 | 1996-03-31 | 0.59 | 0.61 | 0.02 | 3 | ||
1996-01-22 | 1995-12-31 | 0.68 | 0.69 | 0.01 | 1 | ||
1995-10-23 | 1995-09-30 | 0.63 | 0.65 | 0.02 | 3 |
Lockheed Martin Corporate Directors
| James Ellis | Independent Director | Profile | |
| David Burritt | Independent Director | Profile | |
| Vicki Hollub | Independent Director | Profile | |
| Patricia Yarrington | Independent Director | Profile |
Additional Tools for Lockheed Stock Analysis
When running Lockheed Martin's price analysis, check to measure Lockheed Martin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lockheed Martin is operating at the current time. Most of Lockheed Martin's value examination focuses on studying past and present price action to predict the probability of Lockheed Martin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lockheed Martin's price. Additionally, you may evaluate how the addition of Lockheed Martin to your portfolios can decrease your overall portfolio volatility.