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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 $298.25, down 0.46% from the previous day, and has increased 37.11% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 0.23 percentage points. General Dynamics stock is currently +42.53% from its 52-week low of $209.25, and -1.38% from its 52-week high of $302.42.

There are currently 274.36M shares of GD outstanding. The market cap of GD is $81.83B. In the last 24 hours, 1.67M GD shares were traded.

How to Buy General Dynamics Stock

Wondering how to invest in General Dynamics stock? Here's how.
  1. 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.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Choose your method of payment and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

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Step 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.

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  2. Input your personal info to open a new brokerage account.
  1. Send your info by pressing the "Create Account" button.
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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.

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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

GD Price
$298.25
1w %
2.22%
1y %
37.11%
5y %
68.09%
P/E
24.05x
P/B
3.82x
P/S
1.9x
PEG
1.91x
Revenue
$43.12B
Earnings
$3.38B
Fore. Rev. Growth
5.87%
Fore. Earn. Growth
13.99%
Market Cap
$81.83B
Next Earnings
Jul 24, 2024
Next Dividend
Aug 9, 2024

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 overvalued based on its P/E ratio of 24.05x, relative to Aerospace & Defense industry P/E ratio of 22.12x
  • GD could be undervalued based on its P/B ratio of 3.82x, relative to Aerospace & Defense industry P/B ratio of 5.54x
  • GD may be overvalued based on its PEG ratio of 1.91x

You can do additional valuation analysis on GD's stock here.

GD Financial Health Summary

Pros:

  • GD's operating cash flow of $2.97B 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 $4.41B is not sufficient to cover its interest payments.

Cons:

  • GD profit margin has gone down from 8.5% to 7.8% in the past year.
  • GD has a relatively high debt to equity ratio of 1.58.

Do Wall Street analysts think it's a good time to buy GD stock

Out of 12 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

Michael Eisen, a top 24% analyst from RBC Capital maintains GD with a buy rating and lowers their GD price target from $325.00 to $320.00, on Apr 25, 2024.

Noah Poponak, a top 27% analyst from Goldman Sachs maintains GD with a hold rating and raises their GD price target from $253.00 to $284.00, on Apr 16, 2024.

David Strauss, a top 14% analyst from Barclays maintains GD with a strong buy rating and raises their GD price target from $285.00 to $310.00, on Apr 15, 2024.

Charles Minervino, a top 24% analyst from Susquehanna maintains GD with a strong buy rating and raises their GD price target from $301.00 to $333.00, on Apr 12, 2024.

Matthew Akers, a top 7% analyst from Wells Fargo maintains GD with a strong buy rating and raises their GD price target from $291.00 to $322.00, on Apr 4, 2024.

You can dig deeper into what analysts are forecasting on the General Dynamics stock forecast page.

Metrics for Advanced GD Traders

SMA10
295.48
SMA20
296.55
SMA50
292.96
SMA100
284.53
SMA200
263.17
MACD
0.85
MACD Signal
0.91
MACD Histogram
-0.07
RSI
55.32
Stochastic %K
72.84
Stochastic %D
59.56
StochRSI %K
79.4
StochRSI %D
58.18

GD Growth Numbers

Last year, GD earnings were $3.38B. During the last 5 year, GD's earnings have gone up by 2.02% per year. This was faster than the Aerospace & Defense industry average of 1.68%.

Last year, GD revenue was $43.12B. During the last five year, GD's revenue has grown by 2.6% per year. This was slower than the Aerospace & Defense industry average of 7.85%.

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.

Kimberly A. Kuryea, Senior Vice President CFO of GD, was the latest GD insider to sell. They sold $341,185.45 worth of GD shares on May 21, 2024.

Learn more about who owns GD shares here.

Can I rely on GD as an income stream?

General Dynamics pays a dividend of 1.8%, compared to the Aerospace & Defense industry's average dividend yield of 1.54%. If you owned $1,000 of GD stock, you would have received $18.04 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:

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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:

  1. Decide where to buy General Dynamics stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Analyze General Dynamics stock
  5. Execute your GD trade
  6. Get notifications regarding your investment in GD

If you require a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your investment in General Dynamics, add GD to your watchlist by clicking the button below.

NYSE: GD
$298.25-1.38 (-0.46%)
Updated Jun 21, 2024
Open eToro Account
NYSE: GD
$298.25-1.38 (-0.46%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one General Dynamics share?

As of Jun 21, 2024, it costs $298.25 to buy one share of General Dynamics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.335 shares of GD.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy General Dynamics stock?

According to 12 Wall Street analysts who monitor General Dynamics, their consensus recommendation is to buy General Dynamics stock.

What is the best way to buy General Dynamics stock?

One way to place an order for General Dynamics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.