Sectors & Industries IndustrialsAerospace & Defense
Best Defense Stocks to Buy Now (2022)
Top defense stocks in 2022 ranked by overall Zen Score. See the best defense stocks to buy now, according to analyst forecasts for the aerospace & defense industry.

Industry: Aerospace & Defense

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
POWW	AMMO INC	NASDAQ	Aerospace & Defense	$387.14M	$3.31	4.75%	$51.75M	16.55x	0.12
IVAC	INTEVAC INC	NASDAQ	Aerospace & Defense	$118.55M	$4.67	0.86%	$32.36M	3.96x	0.32
VVX	V2X INC	NYSE	Aerospace & Defense	$1.12B	$36.83	-1.68%	$59.39M	13.95x	1.49
LHX	L3HARRIS TECHNOLOGIES INC	NYSE	Aerospace & Defense	$42.19B	$220.50	-0.15%	$3.46B	22.52x	0.78
RADA	RADA ELECTRONIC INDUSTRIES LTD	NASDAQ	Aerospace & Defense	$498.67M	$10.03	0.10%	N/A	83.58x	0.29
RGR	STURM RUGER & CO INC	NYSE	Aerospace & Defense	$926.01M	$52.41	1.95%	$184.66M	7.41x	0.15
GD	GENERAL DYNAMICS CORP	NYSE	Aerospace & Defense	$61.27B	$223.41	-1.44%	$4.87B	18.79x	1.90
AIR	AAR CORP	NYSE	Aerospace & Defense	$1.34B	$38.12	-0.52%	$154.50M	15.13x	0.54
LMT	LOCKHEED MARTIN CORP	NYSE	Aerospace & Defense	$105.96B	$399.61	-0.72%	$7.49B	23.07x	3.53
HII	HUNTINGTON INGALLS INDUSTRIES INC	NYSE	Aerospace & Defense	$9.26B	$231.82	-0.51%	$1.13B	15.91x	2.59
BWXT	BWX TECHNOLOGIES INC	NYSE	Aerospace & Defense	$4.80B	$52.64	0.52%	$506.19M	15.71x	2.84
KAMN	KAMAN CORP	NYSE	Aerospace & Defense	$820.97M	$29.31	-0.98%	$93.01M	25.49x	0.49
SWBI	SMITH & WESSON BRANDS INC	NASDAQ	Aerospace & Defense	$478.34M	$10.45	1.65%	$188.72M	4.05x	0.45
NOC	NORTHROP GRUMMAN CORP	NYSE	Aerospace & Defense	$75.07B	$485.23	0.16%	$8.72B	13.50x	2.07
RTX	RAYTHEON TECHNOLOGIES CORP	NYSE	Aerospace & Defense	$124.44B	$84.28	-1.09%	$10.44B	28.09x	1.24
DCO	DUCOMMUN INC	NYSE	Aerospace & Defense	$511.52M	$42.37	-0.73%	$213.36M	3.80x	0.97
VSEC	VSE CORP	NASDAQ	Aerospace & Defense	$480.81M	$37.58	-0.61%	$76.88M	16.48x	1.20
WWD	WOODWARD INC	NASDAQ	Aerospace & Defense	$5.13B	$85.22	-1.53%	$359.91M	31.68x	0.97
DPRO	DRAGANFLY INC	NASDAQ	Aerospace & Defense	$22.91M	$0.69	0.29%	$24.23M	0.74x	0.08
AXON	AXON ENTERPRISE INC	NASDAQ	Aerospace & Defense	$8.99B	$126.44	2.55%	$132.01M	62.59x	0.62
CODA	CODA OCTOPUS GROUP INC	NASDAQ	Aerospace & Defense	$62.11M	$5.72	4.95%	$5.75M	16.82x	0.10
TXT	TEXTRON INC	NYSE	Aerospace & Defense	$13.25B	$62.63	-1.09%	$1.47B	17.07x	1.34
ESLT	ELBIT SYSTEMS LTD	NASDAQ	Aerospace & Defense	$8.80B	$198.61	2.31%	$558.21M	37.54x	2.65
RKLB	ROCKET LAB USA INC	NASDAQ	Aerospace & Defense	$2.17B	$4.62	0.22%	-$121.38M	-28.88x	0.41
AVAV	AEROVIRONMENT INC	NASDAQ	Aerospace & Defense	$1.98B	$79.15	-5.07%	$68.26M	1,583.00x	0.49
VTSI	VIRTRA INC	NASDAQ	Aerospace & Defense	$63.52M	$5.84	1.74%	$4.27M	25.39x	0.61
AJRD	AEROJET ROCKETDYNE HOLDINGS INC	NYSE	Aerospace & Defense	$3.30B	$41.06	-2.59%	$249.10M	26.66x	3.30
SPCE	VIRGIN GALACTIC HOLDINGS INC	NYSE	Aerospace & Defense	$1.31B	$5.08	-0.59%	-$315.69M	-3.91x	0.95
MOG.A	MOOG INC	NYSE	Aerospace & Defense	$2.41B	$75.25	0.86%	$326.13M	15.02x	1.40
BYRN	BYRNA TECHNOLOGIES INC	NASDAQ	Aerospace & Defense	$117.63M	$5.29	6.22%	-$8.89M	-10.58x	0.23
TDG	TRANSDIGM GROUP INC	NYSE	Aerospace & Defense	$29.67B	$547.00	-0.86%	$2.37B	41.95x	-7.32
MRCY	MERCURY SYSTEMS INC	NASDAQ	Aerospace & Defense	$2.61B	$45.30	0.35%	$117.62M	226.50x	0.50
HEI	HEICO CORP	NYSE	Aerospace & Defense	$20.25B	$148.23	-0.78%	$527.78M	58.82x	0.41
ASTR	ASTRA SPACE INC	NASDAQ	Aerospace & Defense	$164.57M	$0.62	-1.27%	-$224.03M	0.71x	0.29
ASTC	ASTROTECH CORP	NASDAQ	Aerospace & Defense	$21.87M	$0.43	-0.69%	-$8.09M	-2.54x	0.06
NPK	NATIONAL PRESTO INDUSTRIES INC	NYSE	Aerospace & Defense	$459.41M	$65.10	-0.52%	$24.24M	27.35x	0.17
ISSC	INNOVATIVE SOLUTIONS & SUPPORT INC	NASDAQ	Aerospace & Defense	$152.72M	$8.84	-1.78%	$7.24M	28.52x	0.10
HXL	HEXCEL CORP	NYSE	Aerospace & Defense	$4.60B	$54.71	-0.96%	$287.10M	51.13x	0.91
KTOS	KRATOS DEFENSE & SECURITY SOLUTIONS INC	NASDAQ	Aerospace & Defense	$1.28B	$10.18	-3.69%	$37.50M	-50.90x	0.68
PKE	PARK AEROSPACE CORP	NYSE	Aerospace & Defense	$222.79M	$10.89	-1.54%	$11.63M	29.43x	0.20
MNTS	MOMENTUS INC	NASDAQ	Aerospace & Defense	$113.26M	$1.36	-2.86%	-$43.44M	-1.48x	0.63
CAE	CAE INC	NYSE	Aerospace & Defense	$5.28B	$16.62	-1.19%	$426.36M	69.25x	1.37
EVTL	VERTICAL AEROSPACE LTD	NYSE	Aerospace & Defense	$2.28B	$10.89	-1.45%	-$259.91M	0.13x	1.88
PL	PLANET LABS PBC	NYSE	Aerospace & Defense	$1.67B	$6.18	1.64%	-$119.87M	-15.85x	0.25
CVU	CPI AEROSTRUCTURES INC	NYSEMKT	Aerospace & Defense	$22.20M	$1.80	4.05%	$7.63M	4.09x	-12.33
UAVS	AGEAGLE AERIAL SYSTEMS INC	NYSEMKT	Aerospace & Defense	$44.37M	$0.51	4.51%	-$32.77M	-1.06x	0.26
EH	EHANG HOLDINGS LTD	NASDAQ	Aerospace & Defense	$240.83M	$4.21	-3.44%	N/A	-5.05x	1.00
LILM	LILIUM NV	NASDAQ	Aerospace & Defense	$623.94M	$2.12	-2.75%	-$408.95M	0.00x	0.35
SIDU	SIDUS SPACE INC	NASDAQ	Aerospace & Defense	$37.80M	$2.24	6.67%	N/A	-4.00x	0.47
ATRO	ASTRONICS CORP	NASDAQ	Aerospace & Defense	$253.69M	$7.93	-1.12%	$28.32M	-13.00x	1.32
ERJ	EMBRAER SA	NYSE	Aerospace & Defense	$1.81B	$9.84	1.65%	$434.20M	-41.00x	2.77
ACHR	ARCHER AVIATION INC	NYSE	Aerospace & Defense	$690.81M	$2.86	0.70%	-$344.12M	-2.40x	0.12
RDW	REDWIRE CORP	NYSE	Aerospace & Defense	$177.74M	$2.81	1.81%	-$126.65M	-1.28x	7.47
BA	BOEING CO	NYSE	Aerospace & Defense	$78.50B	$132.20	0.07%	-$1.50B	-14.72x	-10.09
AIRI	AIR INDUSTRIES GROUP	NYSEMKT	Aerospace & Defense	$18.25M	$0.56	2.55%	$5.96M	11.28x	2.15
VORB	VIRGIN ORBIT HOLDINGS INC	NASDAQ	Aerospace & Defense	$1.01B	$3.00	-4.46%	-$214.03M	5.17x	1.42
EVEX	EVE HOLDING INC	NYSE	Aerospace & Defense	$2.12B	$8.03	1.39%	-$46.82M	-6.18x	0.07
SPR	SPIRIT AEROSYSTEMS HOLDINGS INC	NYSE	Aerospace & Defense	$2.60B	$24.74	-2.44%	$126.10M	-6.31x	30.01
TATT	TAT TECHNOLOGIES LTD	NASDAQ	Aerospace & Defense	$55.52M	$6.06	0.17%	$934.00k	-16.38x	0.55
SIF	SIFCO INDUSTRIES INC	NYSEMKT	Aerospace & Defense	$18.42M	$3.05	-0.33%	$1.67M	-3.32x	1.18
LLAP	TERRAN ORBITAL CORP	NYSE	Aerospace & Defense	$266.16M	$1.93	-1.53%	-$218.07M	-0.04x	-4.15
TGI	TRIUMPH GROUP INC	NYSE	Aerospace & Defense	$602.27M	$9.27	-5.41%	$162.54M	-26.49x	-3.07
CDRE	CADRE HOLDINGS INC	NYSE	Aerospace & Defense	$983.71M	$26.35	1.00%	$12.08M	-114.57x	1.53
AZ	A2Z SMART TECHNOLOGIES CORP	NASDAQ	Aerospace & Defense	$43.72M	$1.60	2.82%	N/A	N/A	0.72
MOB	MOBILICOM LTD	NASDAQ	Aerospace & Defense	$5.49M	$1.81	-1.63%	N/A	N/A	2.04
SKYH	SKY HARBOUR GROUP CORP	NYSEMKT	Aerospace & Defense	$200.53M	$3.51	-2.50%	-$4.92M	-4.56x	9.27

Defense Stocks FAQ

What are the best defense stocks to buy right now in Oct 2022?

According to Zen Score, the 3 best defense stocks to buy right now are:

1. Ammo (NASDAQ:POWW)

Ammo (NASDAQ:POWW) is the top defense stock with a Zen Score of 80, which is 44 points higher than the defense industry average of 36. It passed 26 out of 33 due diligence checks and has strong fundamentals. Ammo has seen its stock lose -44.46% over the past year, underperforming other defense stocks by -37 percentage points.

Ammo has an average 1 year price target of $9.00, an upside of 171.9% from Ammo's current stock price of $3.31.

Ammo stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Ammo, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Intevac (NASDAQ:IVAC)

Intevac (NASDAQ:IVAC) is the second best defense stock with a Zen Score of 71, which is 35 points higher than the defense industry average of 36. It passed 22 out of 33 due diligence checks and has strong fundamentals. Intevac has seen its stock lose -0.64% over the past year, overperforming other defense stocks by 7 percentage points.

Intevac stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Intevac, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. V2x (NYSE:VVX)

V2x (NYSE:VVX) is the third best defense stock with a Zen Score of 63, which is 27 points higher than the defense industry average of 36. It passed 20 out of 33 due diligence checks and has strong fundamentals. V2x has seen its stock lose -27.49% over the past year, underperforming other defense stocks by -20 percentage points.

V2x has an average 1 year price target of $53.33, an upside of 44.81% from V2x's current stock price of $36.83.

V2x stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering V2x, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the defense stocks with highest dividends?

Out of 21 defense stocks that have issued dividends in the past year, the 3 defense stocks with the highest dividend yields are:

1. National Presto Industries (NYSE:NPK)

National Presto Industries (NYSE:NPK) has an annual dividend yield of 6.91%, which is 5 percentage points higher than the defense industry average of 2.17%. National Presto Industries's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. National Presto Industries's dividend has shown consistent growth over the last 10 years.

National Presto Industries's dividend payout ratio of 189.1% indicates that its high dividend yield might not be sustainable for the long-term.

2. Sturm Ruger & Co (NYSE:RGR)

Sturm Ruger & Co (NYSE:RGR) has an annual dividend yield of 5.34%, which is 3 percentage points higher than the defense industry average of 2.17%. Sturm Ruger & Co's dividend payout is not stable, having dropped more than 10% thirteen times in the last 10 years. Sturm Ruger & Co's dividend has shown consistent growth over the last 10 years.

Sturm Ruger & Co's dividend payout ratio of 47.1% indicates that its high dividend yield is sustainable for the long-term.

3. Park Aerospace (NYSE:PKE)

Park Aerospace (NYSE:PKE) has an annual dividend yield of 3.67%, which is 2 percentage points higher than the defense industry average of 2.17%. Park Aerospace's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Park Aerospace's dividend has not shown consistent growth over the last 10 years.

Park Aerospace's dividend payout ratio of 108.1% indicates that its dividend yield might not be sustainable for the long-term.

Why are defense stocks down?

Defense stocks were down -0.38% in the last day, and up 3.86% over the last week.

We couldn't find a catalyst for why defense stocks are down.

What are the most undervalued defense stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued defense stocks right now are:

1. Intevac (NASDAQ:IVAC)

Intevac (NASDAQ:IVAC) is the most undervalued defense stock based on WallStreetZen's Valuation Score. Intevac has a valuation score of 100, which is 64 points higher than the defense industry average of 36. It passed 7 out of 7 valuation due diligence checks.

Intevac's stock has dropped -0.64% in the past year. It has overperformed other stocks in the defense industry by 7 percentage points.

2. Smith & Wesson Brands (NASDAQ:SWBI)

Smith & Wesson Brands (NASDAQ:SWBI) is the second most undervalued defense stock based on WallStreetZen's Valuation Score. Smith & Wesson Brands has a valuation score of 86, which is 50 points higher than the defense industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Smith & Wesson Brands's stock has dropped -49.22% in the past year. It has underperformed other stocks in the defense industry by -41 percentage points.

3. Ammo (NASDAQ:POWW)

Ammo (NASDAQ:POWW) is the third most undervalued defense stock based on WallStreetZen's Valuation Score. Ammo has a valuation score of 86, which is 50 points higher than the defense industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Ammo's stock has dropped -44.46% in the past year. It has underperformed other stocks in the defense industry by -37 percentage points.

Are defense stocks a good buy now?

50% of defense stocks rated by analysts are a strong buy right now. On average, analysts expect defense stocks to rise by 25.23% over the next year.

What is the average p/e ratio of the aerospace & defense industry?

The average P/E ratio of the aerospace & defense industry is 25.21x.

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.