Promising Defense Stocks To Follow Now – February 08th

BigBear.ai, Boeing, Citigroup, General Electric, and Onsemi are the five Defense stocks to watch today, according to MarketBeat’s stock screener tool. Defense stocks are investments in companies that primarily focus on manufacturing or providing products and services for military and defense purposes. These companies typically supply equipment, technology, and services to defense agencies, governments, or military organizations, making their stock value heavily dependent on government contracts and military spending. Investing in defense stocks may offer potential growth opportunities but also carries risks related to changes in defense budgets, political factors, and global security issues. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

BigBear.ai (BBAI)

BigBear.ai Holdings, Inc. provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.

NYSE:BBAI traded up $1.82 during midday trading on Friday, hitting $8.59. 229,322,361 shares of the stock were exchanged, compared to its average volume of 50,240,612. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of -9.44 and a beta of 3.17. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 2.08. BigBear.ai has a one year low of $1.16 and a one year high of $9.31. The business has a 50-day moving average price of $3.87 and a two-hundred day moving average price of $2.40.

Boeing (BA)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

Shares of BA traded down $3.29 during midday trading on Friday, reaching $181.51. The stock had a trading volume of 5,385,293 shares, compared to its average volume of 7,716,679. The company has a market capitalization of $136.14 billion, a P/E ratio of -9.91 and a beta of 1.52. The firm’s 50 day moving average price is $172.22 and its 200-day moving average price is $164.29. Boeing has a 52 week low of $137.03 and a 52 week high of $213.10.

Citigroup (C)

Citigroup Inc., a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.

Shares of C traded down $0.60 during mid-day trading on Friday, hitting $81.73. The company’s stock had a trading volume of 10,310,089 shares, compared to its average volume of 16,631,058. The stock has a market capitalization of $154.57 billion, a price-to-earnings ratio of 13.74, a PEG ratio of 0.65 and a beta of 1.44. Citigroup has a fifty-two week low of $52.24 and a fifty-two week high of $82.91. The firm has a 50-day moving average price of $74.67 and a 200 day moving average price of $67.14. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.96 and a quick ratio of 0.96.

General Electric (GE)

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa.

Shares of NYSE:GE traded down $0.74 during midday trading on Friday, reaching $205.32. The company had a trading volume of 3,953,362 shares, compared to its average volume of 6,009,583. The company has a fifty day simple moving average of $179.68 and a two-hundred day simple moving average of $177.85. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.81 and a current ratio of 1.09. The firm has a market cap of $220.37 billion, a price-to-earnings ratio of 34.28, a price-to-earnings-growth ratio of 2.56 and a beta of 1.22. General Electric has a 1-year low of $110.57 and a 1-year high of $207.84.

Onsemi (ON)

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.

Shares of ON stock traded down $1.19 during trading hours on Friday, reaching $51.25. 13,241,898 shares of the stock traded hands, compared to its average volume of 8,215,611. The business has a fifty day moving average price of $60.60 and a 200 day moving average price of $67.54. Onsemi has a 1-year low of $49.80 and a 1-year high of $85.16. The company has a quick ratio of 2.02, a current ratio of 3.07 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $21.82 billion, a PE ratio of 12.72, a PEG ratio of 10.27 and a beta of 1.61.