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How to Buy Northrop Grumman Stock

Northrop Grumman Corp

Northrop Grumman is a defense company located in Virginia, United States, which is part of the Industrials sector, and is traded under the ticker NOC on the NYSE exchange.

Northrop Grumman stock last closed at $466.43, down 0.17% from the previous day, and has increased 5.66% in one year. It has underperformed other stocks in the Aerospace & Defense industry by 0.18 percentage points. Northrop Grumman stock is currently +12.51% from its 52-week low of $414.56, and -6.13% from its 52-week high of $496.89.

As of May 24, 2024, there are 147.99M NOC shares outstanding. The market cap of NOC is $69.03B. In the last 24 hours, 391,346 NOC shares were traded.

How to Buy Northrop Grumman Stock

Wondering how to invest in Northrop Grumman stock? Here's how.
  1. Figure out where to buy Northrop Grumman stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Northrop Grumman stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Pick your payment method and add your details.
  4. Evaluate Northrop Grumman stock: The Northrop Grumman ticker symbol is NOC. Is Northrop Grumman stock a good investment? Should you buy shares of NOC? How do NOC's underlying business fundamentals look? Do top analysts think Northrop Grumman is a good buy? Why has NOC's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if NOC is a good stock to buy).
  5. Place your NOC buy order: Decide if you will purchase NOC shares at the current market price or use a limit order to buy NOC shares at a given price.
  6. Get key alerts regarding your investment in NOC: Create a watchlist to get live updates on your position in Northrop Grumman shares.

Step 1: Figure out where to buy Northrop Grumman stock

You will need a brokerage account to access the NYSE market and buy NOC stock.

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal info so you are able to buy NOC today.

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Step 3: Deposit funds into your investment account

Now that you've opened your account on the best stock trading app for beginners, your next step is to transfer the money for your investment:

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Step 4: Evaluate Northrop Grumman stock

Once you have selected the best place to buy Northrop Grumman stock, it's crucial to research their stock before you invest, so you truly understand the risk and upside.

Northrop Grumman quick stats

NOC Price
$466.43
1w %
-0.81%
1y %
5.66%
5y %
49.46%
P/E
32.41x
P/B
4.85x
P/S
1.73x
PEG
0.46x
Revenue
$40.12B
Earnings
$2.16B
Fore. Rev. Growth
3.76%
Fore. Earn. Growth
78.5%
Market Cap
$69.03B
Next Earnings
Jul 25, 2024
Next Dividend
Jun 12, 2024

NOC Due Diligence Checks

WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis.

You can view all of the due diligence checks on NOC's stock page.

Is NOC stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NOC's intrinsic value.

Using relative valuations metrics:

  • NOC may be overvalued based on its P/E ratio of 32.41x, relative to Aerospace & Defense industry P/E ratio of 23.24x
  • NOC may be undervalued based on its P/B ratio of 4.85x, relative to Aerospace & Defense industry P/B ratio of 5.62x
  • NOC may be undervalued based on its PEG ratio of 0.46x

You can do more valuation analysis on NOC's stock here.

NOC Financial Summary

Signs that NOC is financially healthy:

  • NOC earnings of $3.04B is not enough to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the NOC balance sheet.
  • Total NOC debt is lower than 5 years ago, relative to shareholder equity.
  • NOC's operating cash flow of $3.87B allows it to safely service it's debt of $16.57B.

Signs that NOC is not financially healthy:

  • NOC has a relatively high debt to equity ratio of 2.36.
  • There are more long-term liabilities than short-term assets on the NOC balance sheet.
  • NOC profit margin has gone down from 12.9% to 5.4% in the past year.

Do analysts think it's a good time to buy Northrop Grumman stock

Out of 6 sell side analysts who monitor NOC, the consensus analyst rating on NOC is a Hold

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

Most Recent NOC Analyst Recommendations

Myles Walton, a top 7% analyst from Wolfe Research downgrades NOC to a sell rating and announces their NOC price target of $450.00, on Dec 14, 2023.

You can dive deeper into what analysts are forecasting on the Northrop Grumman stock forecast page.

NOC Momentum

SMA10
471.04
SMA20
473.73
SMA50
468.35
SMA100
463.44
SMA200
459.38
MACD
0.16
MACD Signal
1.3
MACD Histogram
-1.14
RSI
45.05
Stochastic %K
25.88
Stochastic %D
30.96
StochRSI %K
27
StochRSI %D
36.55

NOC Revenue

Last year, NOC earnings were $2.16B. During the past 5 year, NOC's earnings have grown by -5.27% per year. This was slower than the Aerospace & Defense industry average of 1%.

Last year, NOC revenue was $40.12B. In the last 5 year, NOC's revenue has gone up by 4.93% per year. This was slower than the Aerospace & Defense industry average of 7.76%.

You can research NOC's earnings and revenue performance here.

Latest Insiders Trades at NOC

Over the last year, insiders at NOC have sold more shares than they have bought.

Roshan S. Roeder, CVP Pres. Defense Systems of NOC, was the latest NOC insider to sell. They sold $429,429.00 worth of NOC shares on May 20, 2024.

Get more info about who owns NOC stock here.

Does NOC stock generate passive income?

Northrop Grumman pays a dividend of 1.64%, compared to the Aerospace & Defense industry's average dividend yield of 1.54%. If you owned $1,000 of NOC stock, you would have received $16.44 last year.

Northrop Grumman dividend payments have consistently grown over the past decade and have remained stable.

Dig into more analysis about Northrop Grumman dividend yield and history here.

What do other investors have to say about NOC?

One of the reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Place your NOC buy order

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific dollar amount, place a limit order.

Hit the Open button and eToro will execute the order.

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Step 6: Get key alerts regarding your investment in NOC

Now that you own some NOC shares, you'll want to stay up-to-date on your company.

Add NOC to a watchlist to get the latest updates about your NOC stock.

NOC Feed

How to Buy Stock in Northrop Grumman

To summarize, here are the 6 steps for buying Northrop Grumman stock:

  1. Figure out where to buy Northrop Grumman stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Northrop Grumman stock
  5. Place your NOC buy order
  6. Get key alerts regarding your investment in NOC

If you need a brokerage, eToro is our recommended option.

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 get the latest scoop on your investment in Northrop Grumman, add NOC to your watchlist by clicking the button below.

NYSE: NOC
$466.43-0.78 (-0.17%)
Updated May 24, 2024
Open eToro Account
NYSE: NOC
$466.43-0.78 (-0.17%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Northrop Grumman share?

As of May 24, 2024, it costs $466.43 to buy one share of Northrop Grumman 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 0.214 shares of NOC.

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 Northrop Grumman stock?

According to 6 Wall Street analysts who monitor Northrop Grumman, their consensus recommendation is to hold Northrop Grumman stock.

What is the best way to buy Northrop Grumman stock?

One way to place an order for Northrop Grumman 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.