TransCanada (TRP) Analysts See $0.63 EPS; Northrop Grumman (NOC)’s Sentiment Is 0.98

April 18, 2018 - By Dolores Ford

TransCanada Corporation (NYSE:TRP) Logo

Analysts expect TransCanada Corporation (NYSE:TRP) to report $0.63 EPS on April, 27 before the open.They anticipate $0.02 EPS change or 3.28% from last quarter’s $0.61 EPS. TRP’s profit would be $536.89M giving it 17.36 P/E if the $0.63 EPS is correct. After having $0.65 EPS previously, TransCanada Corporation’s analysts see -3.08% EPS growth. The stock increased 1.74% or $0.75 during the last trading session, reaching $43.75. About 1.38 million shares traded. TransCanada Corporation (NYSE:TRP) has declined 12.65% since April 18, 2017 and is downtrending. It has underperformed by 24.20% the S&P500.

Northrop Grumman Corp (NOC) investors sentiment decreased to 0.98 in 2017 Q4. It’s down -0.08, from 1.06 in 2017Q3. The ratio dropped, as 327 institutional investors increased and opened new equity positions, while 333 decreased and sold positions in Northrop Grumman Corp. The institutional investors in our database reported: 137.07 million shares, down from 137.63 million shares in 2017Q3. Also, the number of institutional investors holding Northrop Grumman Corp in top ten equity positions decreased from 16 to 13 for a decrease of 3. Sold All: 46 Reduced: 287 Increased: 222 New Position: 105.

Since January 1, 0001, it had 0 insider buys, and 10 selling transactions for $8.70 million activity.

Analysts await Northrop Grumman Corporation (NYSE:NOC) to report earnings on April, 25 before the open. They expect $3.63 earnings per share, 0.00% or $0.00 from last year’s $3.63 per share. NOC’s profit will be $633.01M for 24.45 P/E if the $3.63 EPS becomes a reality. After $2.82 actual earnings per share reported by Northrop Grumman Corporation for the previous quarter, Wall Street now forecasts 28.72% EPS growth.

The stock increased 0.94% or $3.29 during the last trading session, reaching $355.04. About 1.25 million shares traded or 15.59% up from the average. Northrop Grumman Corporation (NOC) has risen 48.11% since April 18, 2017 and is uptrending. It has outperformed by 36.56% the S&P500.

Ratings analysis reveals 50% of Northrop Grumman’s analysts are positive. Out of 6 Wall Street analysts rating Northrop Grumman, 3 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $231.0 while the high is $270.0. The stock’s average target of $257.25 is -27.54% below today’s ($355.04) share price. NOC was included in 6 notes of analysts from August 25, 2016. The firm has “Neutral” rating given on Thursday, August 25 by JP Morgan. The stock has “Outperform” rating by Robert W. Baird on Thursday, October 6. Barclays Capital upgraded Northrop Grumman Corporation (NYSE:NOC) rating on Thursday, November 10. Barclays Capital has “Overweight” rating and $270.0 target. The rating was downgraded by Citigroup to “Neutral” on Wednesday, March 1. The company was downgraded on Thursday, January 12 by Jefferies. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, January 12.

Northrop Grumman Corporation, a security company, provides systems, products, and solutions in autonomous systems, cyber, strike, logistics and modernization, and command, control, communications, computers, intelligence, surveillance, and reconnaissance to government and commercial clients worldwide. The company has market cap of $61.91 billion. It has three divisions: Aerospace Systems, Mission Systems, and Technology Services. It has a 30.95 P/E ratio. The Aerospace Systems segment designs, develops, integrates, and produces manned aircraft, autonomous systems, spacecraft, high-energy laser systems, microelectronics, and other systems/subsystems.

Oakmont Corp holds 4.55% of its portfolio in Northrop Grumman Corporation for 100,767 shares. Cypress Funds Llc owns 85,000 shares or 4.51% of their US portfolio. Moreover, Canal Insurance Co has 4.38% invested in the company for 40,093 shares. The Japan-based Mu Investments Co. Ltd. has invested 3.82% in the stock. Daiwa Sb Investments Ltd., a Japan-based fund reported 37,010 shares.

Northrop Grumman Corporation (NYSE:NOC) Institutional Positions Chart

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