Added to YB: 2024-01-31
Pitch date: 2024-01-29
GD [bullish]
General Dynamics Corporation
+32.5%
current return
Author Info
No bio for this author
Company Info
General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies.
Market Cap
$91.0B
Pitch Price
$257.12
Price Target
305.00 (-10%)
Dividend
1.78%
EV/EBITDA
14.78
P/E
21.86
EV/Sales
1.91
Sector
Aerospace and Defense
Category
growth
General Dynamics Q4: G700 Certification Is Delayed, But On The Way; Initiate With 'Strong Buy'
GD poised for growth: Ukraine conflict boosts combat vehicle demand, DoD budget +2.7% CAGR FY21-27. Q4 beat despite G700 delay, 15 deliveries pushed to FY24. CSRA deal to tap gov IT spend. FY24 rev +9.5% on Gulfstream ramp. $305 FV = 18x FCF. Supply chain resolution & leadership continuity support Strong Buy.
Read full article (5 min)