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General Dynamics Corporation (NYSE:GD) stock has reached its 52-week low, trading at $247.01. While the stock has posted a modest 1.17% gain over the past year, recent trading suggests a challenging period for the defense contractor. InvestingPro analysis indicates the company maintains strong fundamentals with a GOOD financial health score and impressive 11.07% revenue growth in the last twelve months. Investors are closely monitoring the company’s performance, considering the broader implications of defense spending trends and geopolitical tensions that could influence General Dynamics’ market position. The 52-week low serves as a critical juncture for the company, particularly as InvestingPro data shows the stock trading below its Fair Value, with analyst targets ranging from $241 to $360. For deeper insights into GD’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively with an InvestingPro subscription.
In other recent news, General Dynamics reported its Q4 earnings, which missed the consensus estimate of $4.30, coming in at $4.15 per share. However, the company posted a revenue of $13.34 billion, surpassing the analyst’s expectations of $13.22 billion. These are among the latest developments for the aerospace and defense company.
The company’s Aerospace segment, including Gulfstream business jets, saw an increase in aircraft deliveries, with 47 units delivered in Q4, up from 39 in the same period last year. General Dynamics closed the year with a total backlog of $90.6 billion, marking a 9.1% increase from the previous year.
Despite the slight miss in earnings, the company experienced steady growth across all four segments, with a 14.3% YoY rise in Q4 revenue and a 12.9% increase for the full year 2024, reaching $47.72 billion. As for future expectations, the company did not provide specific financial guidance for 2025 in the earnings release. The recent developments have drawn attention from investors, who are likely to focus on management’s outlook during the earnings call.
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