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Tuesday, June 21, 2011

Great Stock Value (NYSE: NOC)

Shares of NOC traded higher by 0.99% or $0.65/share to $66.38. Northrop Grumman Corporation is trading at a price to book ratio of 1.52. The PEG is 0.88 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.56. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2098920 shares of NOC exchange hands on a given day and today's volume is recorded at 461724. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Northrop Grumman Corporation (Northrop Grumman) is an integrated enterprise consisting of businesses that cover the entire security spectrum, from undersea to outer space and into cyberspace.