If the $115.38 PT is reached, the company will be worth $549.90M more. They now have a Dollars 106 price target on the stock.
Shares of Orbital ATK (OA) traded up 2.76% during midday trading on Monday, hitting $106.46.
"COPYRIGHT VIOLATION NOTICE: "$1.11 Billion in Sales Expected for Orbital ATK, Inc. The company was initiated on Thursday, September 1 by Deutsche Bank.
Several other research firms also recently weighed in on OA. Finally, Goldman Sachs Group, Inc. The stock of Orbital ATK Inc (NYSE:OA) earned "Hold" rating by Argus Research on Tuesday, August 11. The stock of Orbital ATK Inc (NYSE:OA) has "Buy" rating given on Wednesday, August 26 by Zacks. Zacks downgraded Orbital ATK Inc (NYSE:OA) on Wednesday, August 26 to "Buy" rating. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company now has an average rating of "Buy" and a consensus target price of $103.98. The company has a market cap of $6.14 billion, a price-to-earnings ratio of 21.95 and a beta of -0.31. After a recent look, shares have been seen 11.33% from the 200-day moving average, and 2.55% from the 50-day moving average. Orbital ATK has a 52-week low of $67.04 and a 52-week high of $107.45.
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Heading into the earnings release, covering analysts have a consensus target price of $111.70 on Orbital ATK, Inc. shares. The aerospace company reported $1.23 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.37 by $0.14. Orbital ATK had a net margin of 5.86% and a return on equity of 15.34%. During the same quarter in the prior year, the firm posted $1.44 EPS. The firm's revenue for the quarter was up 2.7% on a year-over-year basis.
Orbital ATK, Inc. now has a P/E ratio of 21.72 and market capitalization is 6.08B.
Equities research analysts forecast that Orbital ATK, Inc. "(OA) to Buy" was reported by BBNS and is the sole property of of BBNS. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and worldwide copyright and trademark laws. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orbital ATK, Inc. with MarketBeat.com's FREE daily email newsletter. The stock has "Buy" rating by Suntrust Robinson on Thursday, January 19. The shares were sold at an average price of $99.28, for a total transaction of $49,640.00. Following the completion of the transaction, the director now owns 11,952 shares in the company, valued at approximately $1,186,594.56. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Harrison H. Schmitt sold 500 shares of the stock in a transaction that occurred on Thursday, June 8th. Insiders have sold a total of 14,672 shares of company stock worth $1,510,619 over the last 90 days. BlackRock Inc. raised its position in Orbital ATK by 17,832.1% in the first quarter. CENTRAL TRUST Co now owns 1,143 shares of the aerospace company's stock valued at $112,000 after buying an additional 100 shares in the last quarter. Stephens Inc. AR boosted its position in Orbital ATK by 6.1% in the first quarter. Stephens Inc. AR now owns 1,253 shares of the aerospace company's stock valued at $123,000 after buying an additional 72 shares during the period. Barrow Hanley Mewhinney & Strauss LLC raised its position in Orbital ATK by 0.4% in the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,123,788 shares of the aerospace company's stock worth $208,131,000 after buying an additional 8,339 shares during the period. The original version of this news story can be viewed at https://weekherald.com/2017/08/03/ing-groep-nv-takes-position-in-orbital-atk-inc-nyseoa.html. Iridian Asset Management LLC CT now owns 1,802,566 shares of the aerospace company's stock valued at $176,651,000 after buying an additional 568,164 shares during the last quarter. SG Americas Securities LLC increased its stake in Orbital ATK by 82.0% in the second quarter. Clearbridge Investments LLC now owns 1,091,495 shares of the aerospace company's stock valued at $106,967,000 after buying an additional 355,311 shares during the last quarter. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.
Orbital ATK, Inc is an aerospace and defense systems company and supplier of related products to the United States Government, allied nations, prime contractors and other customers. The Company's segments include Flight Systems Group, Defense Systems Group, Space Systems Group and Corporate. Its products include launch vehicles and related propulsion systems; satellites and associated components and services; tactical missiles, subsystems and defense electronics, and precision weapons, armament systems and ammunition.