How to Buy General Dynamics Stock
General Dynamics Corp
General Dynamics is a defense company located in Virginia, United States, which is part of the Industrials sector, and is traded under the ticker GD on the NYSE exchange.
General Dynamics stock last closed at $285.27, up 0.28% from the previous day, and has increased 24.05% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 0.24 percentage points. General Dynamics stock is currently +40.98% from its 52-week low of $202.35, and -3.79% from its 52-week high of $296.50.
There are currently 273.98M shares of GD outstanding. The market cap of GD is $78.16B. In the last 24 hours, 600,304 GD shares were traded.
How to Buy General Dynamics Stock
Wondering how to invest in General Dynamics stock? Here's how.
- Decide where to buy General Dynamics stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy General Dynamics stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Choose your method of payment and add your information.
- Analyze General Dynamics stock: The General Dynamics ticker symbol is GD. Is General Dynamics stock a good investment? Should you buy shares of GD? How do GD's underlying business fundamentals look? Do top analysts think General Dynamics is a good buy? Why has GD's stock price moved recently? (Hint: Our stock analysis website can help you figure out if GD is a good stock to buy).
- Execute your GD trade: Decide if you will purchase GD shares at the current market price or use a limit order to purchase GD shares at a given price.
- Get notifications regarding your investment in GD: Create a watchlist to get live updates on your new investment in General Dynamics shares.
Step 1: Decide where to buy General Dynamics stock
You need an online brokerage account in order to access the NYSE market and buy GD shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal information so you can buy GD today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new brokerage account.
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Step 3: Put funds into your investment account
Now that you have finished signing up on app for stock market, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help depositing funds into your investment account.
Step 4: Analyze General Dynamics stock
After you have selected the best place to buy General Dynamics stock, it's critical to research their stock before you invest, so you truly wrap your head around the risk and upside.
General Dynamics shares quick numbers
General Dynamics Due Diligence Checks
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on GD's stock page.
What is the fair value of GD stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge GD's true value.
Using relative valuations methods:
- GD may be undervalued based on its P/E ratio of 23.5x, relative to Aerospace & Defense industry P/E ratio of 24.14x
- GD could be undervalued based on its P/B ratio of 3.67x, relative to Aerospace & Defense industry P/B ratio of 5.28x
- GD may be undervalued based on its PEG ratio of 0.95x
You can do additional valuation analysis on GD's stock here.
GD Financial Health Summary
Pros:
- GD's operating cash flow of $4.71B allows it to safely service it's debt of $9.26B.
- There are more short-term assets than long-term liabilities on the GD balance sheet.
- Total GD debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the GD balance sheet.
- GD earnings of $4.33B is not sufficient to cover its interest payments.
Cons:
- GD profit margin has gone down from 8.6% to 7.8% in the past year.
- GD has a relatively high debt to equity ratio of 1.57.
Do Wall Street analysts think it's a good time to buy GD stock
Out of 8 Equities analysts who give recommendations on GD, the consensus analyst rating on GD is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent GD Analyst Upgrades/Downgrades
Gavin Parsons, a bottom 17% analyst from UBS maintains GD with a hold rating and raises their GD price target from $286.00 to $296.00, on Jan 29, 2024.
Jason Gursky, a top 21% analyst from Citigroup maintains GD with a strong buy rating and raises their GD price target from $283.00 to $300.00, on Jan 25, 2024.
Citigroup's Jason Gursky raised their price target on General Dynamics (NYSE: GD) by 6% from $283 to $300 on 2024/01/25. The analyst maintained their Strong Buy rating on the stock.
Gursky summed up General Dynamics Q4 and FY 2023 earnings report, released on 2023/01/24, by pointing out that Q/Q numbers and management's FY 2024 guidance were "largely in line" with expectations.
The stock price reacted well to the news of the G700 certification with initial deliveries anticipated in Q1, the analyst added.
Earnings Report
General Dynamics reported:
For Q4 2023:
- EPS of $3.64, which missed the Zacks Consensus Estimate of $3.66 but beat, by 1.7%, Q4 2022’s $3.58.
- Revenue of $11.67B, which beat the Zacks Consensus Estimate of $11.54B and, by 7.5%, Q4 2022’s $10.85B.
For FY 2023:
- EPS of $12.02, which missed the Zacks Consensus Estimate of $12.12 and, by 1.4%, FY 2022’s $12.19.
- Revenue of $42.27B, which beat the Zacks Consensus Estimate of $42.14B and, by 7.8%, FY 2022’s $39.41B.
Management did not provide financial guidance in its press release or earnings call.
Chairman & CEO Phebe N. Novakovic commented: “We had a solid Q4, capping off a year that saw growth in all four segments and continued strong cash flow.
“Our Aerospace segment, in particular, saw solid execution and continued demand in the quarter and is well positioned for a surge in deliveries upon FAA certification of the G700.”
Sarah Akers, a top 11% analyst from Wells Fargo maintains GD with a strong buy rating and raises their GD price target from $243.00 to $264.00, on Oct 26, 2023.
You can dig deeper into what analysts are forecasting on the General Dynamics stock forecast page.
Metrics for Advanced GD Traders
GD Growth Numbers
Last year, GD earnings were $3.32B. During the last 5 year, GD's earnings have gone up by 1.39% per year. This was faster than the Aerospace & Defense industry average of -0.1%.
Last year, GD revenue was $42.27B. During the last five year, GD's revenue has grown by 3.15% per year. This was slower than the Aerospace & Defense industry average of 7.71%.
You can analyze GD's earnings and revenue performance here.
Who is buying/selling GD?
Over the last 12 months, executives and large shareholders at GD have sold more shares than they have bought.
Leon Rudy F. De, Director of GD, was the latest GD insider to buy. They bought $15,421.28 worth of GD shares on Mar 18, 2024.
Learn more about who owns GD shares here.
Can I rely on GD as an income stream?
General Dynamics pays a dividend of 1.89%, compared to the Aerospace & Defense industry's average dividend yield of 1.58%. If you owned $1,000 of GD stock, you would have received $18.86 last year.
General Dynamics dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about General Dynamics dividend yield and history here.
GD Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your GD trade
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact price, place a limit order.
Press the Open button and eToro will execute your order.
If you want more assistance investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your investment in GD
Now that you own some GD shares, you'll want to keep up with your new investment.
Create a watchlist to get notified of important updates regarding your GD stock.
GD Feed
How to Buy Stock in General Dynamics
To summarize, here are the 6 steps to buy stock in General Dynamics:
- Decide where to buy General Dynamics stock
- Create a brokerage account
- Put funds into your investment account
- Analyze General Dynamics stock
- Execute your GD trade
- Get notifications regarding your investment in GD
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your investment in General Dynamics, add GD to your watchlist by clicking the button below.
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