WallStreetZenWallStreetZen

Sectors & IndustriesIndustrialsAerospace & 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
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
POWW
AMMO INC
NASDAQ
Aerospace & Defense
$387.14M$3.314.75%$51.75M16.55x0.12
IVAC
INTEVAC INC
NASDAQ
Aerospace & Defense
$118.55M$4.670.86%$32.36M3.96x0.32
VVX
V2X INC
NYSE
Aerospace & Defense
$1.12B$36.83-1.68%$59.39M13.95x1.49
LHX
L3HARRIS TECHNOLOGIES INC
NYSE
Aerospace & Defense
$42.19B$220.50-0.15%$3.46B22.52x0.78
RADA
RADA ELECTRONIC INDUSTRIES LTD
NASDAQ
Aerospace & Defense
$498.67M$10.030.10%N/A83.58x0.29
RGR
STURM RUGER & CO INC
NYSE
Aerospace & Defense
$926.01M$52.411.95%$184.66M7.41x0.15
GD
GENERAL DYNAMICS CORP
NYSE
Aerospace & Defense
$61.27B$223.41-1.44%$4.87B18.79x1.90
AIR
AAR CORP
NYSE
Aerospace & Defense
$1.34B$38.12-0.52%$154.50M15.13x0.54
LMT
LOCKHEED MARTIN CORP
NYSE
Aerospace & Defense
$105.96B$399.61-0.72%$7.49B23.07x3.53
HII
HUNTINGTON INGALLS INDUSTRIES INC
NYSE
Aerospace & Defense
$9.26B$231.82-0.51%$1.13B15.91x2.59
BWXT
BWX TECHNOLOGIES INC
NYSE
Aerospace & Defense
$4.80B$52.640.52%$506.19M15.71x2.84
KAMN
KAMAN CORP
NYSE
Aerospace & Defense
$820.97M$29.31-0.98%$93.01M25.49x0.49
SWBI
SMITH & WESSON BRANDS INC
NASDAQ
Aerospace & Defense
$478.34M$10.451.65%$188.72M4.05x0.45
NOC
NORTHROP GRUMMAN CORP
NYSE
Aerospace & Defense
$75.07B$485.230.16%$8.72B13.50x2.07
RTX
RAYTHEON TECHNOLOGIES CORP
NYSE
Aerospace & Defense
$124.44B$84.28-1.09%$10.44B28.09x1.24
DCO
DUCOMMUN INC
NYSE
Aerospace & Defense
$511.52M$42.37-0.73%$213.36M3.80x0.97
VSEC
VSE CORP
NASDAQ
Aerospace & Defense
$480.81M$37.58-0.61%$76.88M16.48x1.20
WWD
WOODWARD INC
NASDAQ
Aerospace & Defense
$5.13B$85.22-1.53%$359.91M31.68x0.97
DPRO
DRAGANFLY INC
NASDAQ
Aerospace & Defense
$22.91M$0.690.29%$24.23M0.74x0.08
AXON
AXON ENTERPRISE INC
NASDAQ
Aerospace & Defense
$8.99B$126.442.55%$132.01M62.59x0.62
CODA
CODA OCTOPUS GROUP INC
NASDAQ
Aerospace & Defense
$62.11M$5.724.95%$5.75M16.82x0.10
TXT
TEXTRON INC
NYSE
Aerospace & Defense
$13.25B$62.63-1.09%$1.47B17.07x1.34
ESLT
ELBIT SYSTEMS LTD
NASDAQ
Aerospace & Defense
$8.80B$198.612.31%$558.21M37.54x2.65
RKLB
ROCKET LAB USA INC
NASDAQ
Aerospace & Defense
$2.17B$4.620.22%-$121.38M-28.88x0.41
AVAV
AEROVIRONMENT INC
NASDAQ
Aerospace & Defense
$1.98B$79.15-5.07%$68.26M1,583.00x0.49
VTSI
VIRTRA INC
NASDAQ
Aerospace & Defense
$63.52M$5.841.74%$4.27M25.39x0.61
AJRD
AEROJET ROCKETDYNE HOLDINGS INC
NYSE
Aerospace & Defense
$3.30B$41.06-2.59%$249.10M26.66x3.30
SPCE
VIRGIN GALACTIC HOLDINGS INC
NYSE
Aerospace & Defense
$1.31B$5.08-0.59%-$315.69M-3.91x0.95
MOG.A
MOOG INC
NYSE
Aerospace & Defense
$2.41B$75.250.86%$326.13M15.02x1.40
BYRN
BYRNA TECHNOLOGIES INC
NASDAQ
Aerospace & Defense
$117.63M$5.296.22%-$8.89M-10.58x0.23
TDG
TRANSDIGM GROUP INC
NYSE
Aerospace & Defense
$29.67B$547.00-0.86%$2.37B41.95x-7.32
MRCY
MERCURY SYSTEMS INC
NASDAQ
Aerospace & Defense
$2.61B$45.300.35%$117.62M226.50x0.50
HEI
HEICO CORP
NYSE
Aerospace & Defense
$20.25B$148.23-0.78%$527.78M58.82x0.41
ASTR
ASTRA SPACE INC
NASDAQ
Aerospace & Defense
$164.57M$0.62-1.27%-$224.03M0.71x0.29
ASTC
ASTROTECH CORP
NASDAQ
Aerospace & Defense
$21.87M$0.43-0.69%-$8.09M-2.54x0.06
NPK
NATIONAL PRESTO INDUSTRIES INC
NYSE
Aerospace & Defense
$459.41M$65.10-0.52%$24.24M27.35x0.17
ISSC
INNOVATIVE SOLUTIONS & SUPPORT INC
NASDAQ
Aerospace & Defense
$152.72M$8.84-1.78%$7.24M28.52x0.10
HXL
HEXCEL CORP
NYSE
Aerospace & Defense
$4.60B$54.71-0.96%$287.10M51.13x0.91
KTOS
KRATOS DEFENSE & SECURITY SOLUTIONS INC
NASDAQ
Aerospace & Defense
$1.28B$10.18-3.69%$37.50M-50.90x0.68
PKE
PARK AEROSPACE CORP
NYSE
Aerospace & Defense
$222.79M$10.89-1.54%$11.63M29.43x0.20
MNTS
MOMENTUS INC
NASDAQ
Aerospace & Defense
$113.26M$1.36-2.86%-$43.44M-1.48x0.63
CAE
CAE INC
NYSE
Aerospace & Defense
$5.28B$16.62-1.19%$426.36M69.25x1.37
EVTL
VERTICAL AEROSPACE LTD
NYSE
Aerospace & Defense
$2.28B$10.89-1.45%-$259.91M0.13x1.88
PL
PLANET LABS PBC
NYSE
Aerospace & Defense
$1.67B$6.181.64%-$119.87M-15.85x0.25
CVU
CPI AEROSTRUCTURES INC
NYSEMKT
Aerospace & Defense
$22.20M$1.804.05%$7.63M4.09x-12.33
UAVS
AGEAGLE AERIAL SYSTEMS INC
NYSEMKT
Aerospace & Defense
$44.37M$0.514.51%-$32.77M-1.06x0.26
EH
EHANG HOLDINGS LTD
NASDAQ
Aerospace & Defense
$240.83M$4.21-3.44%N/A-5.05x1.00
LILM
LILIUM NV
NASDAQ
Aerospace & Defense
$623.94M$2.12-2.75%-$408.95M0.00x0.35
SIDU
SIDUS SPACE INC
NASDAQ
Aerospace & Defense
$37.80M$2.246.67%N/A-4.00x0.47
ATRO
ASTRONICS CORP
NASDAQ
Aerospace & Defense
$253.69M$7.93-1.12%$28.32M-13.00x1.32
ERJ
EMBRAER SA
NYSE
Aerospace & Defense
$1.81B$9.841.65%$434.20M-41.00x2.77
ACHR
ARCHER AVIATION INC
NYSE
Aerospace & Defense
$690.81M$2.860.70%-$344.12M-2.40x0.12
RDW
REDWIRE CORP
NYSE
Aerospace & Defense
$177.74M$2.811.81%-$126.65M-1.28x7.47
BA
BOEING CO
NYSE
Aerospace & Defense
$78.50B$132.200.07%-$1.50B-14.72x-10.09
AIRI
AIR INDUSTRIES GROUP
NYSEMKT
Aerospace & Defense
$18.25M$0.562.55%$5.96M11.28x2.15
VORB
VIRGIN ORBIT HOLDINGS INC
NASDAQ
Aerospace & Defense
$1.01B$3.00-4.46%-$214.03M5.17x1.42
EVEX
EVE HOLDING INC
NYSE
Aerospace & Defense
$2.12B$8.031.39%-$46.82M-6.18x0.07
SPR
SPIRIT AEROSYSTEMS HOLDINGS INC
NYSE
Aerospace & Defense
$2.60B$24.74-2.44%$126.10M-6.31x30.01
TATT
TAT TECHNOLOGIES LTD
NASDAQ
Aerospace & Defense
$55.52M$6.060.17%$934.00k-16.38x0.55
SIF
SIFCO INDUSTRIES INC
NYSEMKT
Aerospace & Defense
$18.42M$3.05-0.33%$1.67M-3.32x1.18
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$26.351.00%$12.08M-114.57x1.53
AZ
A2Z SMART TECHNOLOGIES CORP
NASDAQ
Aerospace & Defense
$43.72M$1.602.82%N/AN/A0.72
MOB
MOBILICOM LTD
NASDAQ
Aerospace & Defense
$5.49M$1.81-1.63%N/AN/A2.04
SKYH
SKY HARBOUR GROUP CORP
NYSEMKT
Aerospace & Defense
$200.53M$3.51-2.50%-$4.92M-4.56x9.27

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.