GD | 17 May 2024 | AI Stock Analysis & News

General Dynamics (NYSE: GD) is set to announce earnings, with a potential impact on stock price volatility.

🔴(-4.9%) short-term forecast
🟢(+1.0%) long-term forecast

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GD-General Dynamics Corporation News

🟢 General Dynamics is set to announce its earnings results before the market opens on Wednesday. Analysts expect earnings of $3.04 per share.

🔴 Jefferies Financial Group upgraded GD from a hold to a buy rating, with a $335.00 price target.

🟢 General Dynamics Director sold 2,570 shares of stock for $740,160.00.

🔴 GD saw unusually large options trading activity with 3,476 call options acquired.

🟢 Cozad Asset Management purchased 867 shares of GD stock valued at $225,000.

🔴 General Dynamics shares hit a new 52-week high of $297.79.

General Dynamics Corporation stock has seen a mix of positive and negative news recently. The upcoming earnings announcement and analyst upgrades have generated optimism among investors, leading to a price increase expectation. However, the large options trading activity and director’s stock sale may have raised some concerns, potentially impacting the stock price negatively. Overall, the news seems to be leaning towards a positive sentiment, with the potential for a slight price increase in the short term.

Investors should keep an eye on the earnings results and any further analyst updates to gauge the stock’s performance. The market reaction to these events will likely determine the direction of GD’s stock price in the coming days. It is essential to consider all factors and news developments before making any investment decisions related to General Dynamics Corporation stock.

GD-General Dynamics Corporation Analyst Ratings

In recent news, analysts have been closely monitoring General Dynamics Corporation stock and making changes to their ratings. Here is a brief list of the latest analyst ratings for General Dynamics Corporation:

📉 downgraded General Dynamics Corporation from a “strong-buy” rating to a “buy” rating.
📈 Jefferies Financial Group upgraded General Dynamics Corporation from a hold rating to a buy rating.
📉 Seaport Res Ptn dropped their FY2024 EPS estimates for General Dynamics Corporation.

These changes in analyst ratings can have an impact on investor sentiment and the stock price of General Dynamics Corporation.

2. Jefferies Financial Group
3. Seaport Res Ptn


Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.

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