Shares of Orbital ATK (NYSE:OA) have earned an average rating of “Hold” from the thirteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $129.50.
A number of research analysts have recently commented on OA shares. ValuEngine downgraded shares of Orbital ATK from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 2nd. Cowen reissued a “hold” rating on shares of Orbital ATK in a research report on Thursday, June 7th.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Bray Capital Advisors acquired a new stake in shares of Orbital ATK during the 1st quarter worth about $105,000. Captrust Financial Advisors acquired a new stake in shares of Orbital ATK during the 4th quarter worth about $160,000. Mount Yale Investment Advisors LLC acquired a new stake in shares of Orbital ATK during the 1st quarter worth about $178,000. Keel Point LLC acquired a new stake in shares of Orbital ATK during the 1st quarter worth about $209,000. Finally, Virtu Financial LLC acquired a new stake in shares of Orbital ATK during the 4th quarter worth about $260,000. Institutional investors own 80.90% of the company’s stock.
Shares of Orbital ATK opened at $134.50 on Friday, according to MarketBeat Ratings. Orbital ATK has a one year low of $95.84 and a one year high of $134.59. The stock has a market capitalization of $7.78 billion, a PE ratio of 21.42, a PEG ratio of 2.22 and a beta of -0.29. The company has a quick ratio of 1.49, a current ratio of 1.68 and a debt-to-equity ratio of 0.75.
Orbital ATK (NYSE:OA) last announced its quarterly earnings data on Thursday, May 3rd. The aerospace company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.26. Orbital ATK had a net margin of 6.89% and a return on equity of 19.90%. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter last year, the firm posted $1.23 EPS. The company’s quarterly revenue was up 20.9% on a year-over-year basis. research analysts forecast that Orbital ATK will post 6.73 earnings per share for the current fiscal year.
Orbital ATK Company Profile
Orbital ATK, Inc develops and produces aerospace and defense related products to the U.S. Government, allied nations, prime contractors, and other customers in the United States and internationally. It operates through three segments: Flight Systems Group, Defense Systems Group, and Space Systems Group.
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