How to buy Northrop Grumman (NOC) shares in the UK
Learn how to easily invest in Northrop Grumman shares.
Northrop Grumman Corporation (NOC) is a leading aerospace and defence business based in the US. It opened the day at $372.48 after a previous close of $369.94. During the day the price has varied from a low of $369.38 to a high of $373.51. The latest price was $371.82 (25 minute delay). Northrop Grumman is listed on the NYSE and employs 97,000 staff. All prices are listed in US Dollars.
How to buy shares in Northrop Grumman
- Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: NOC in this case.
- Research Northrop Grumman shares. The platform should provide the latest information available.
- Buy your Northrop Grumman shares. It's that simple.
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What's in this guide?
- Can I buy shares in Northrop Grumman?
- Has coronavirus impacted Northrop Grumman shares?
- Northrop Grumman shares summary
- Compare share dealing platforms
- Is Northrop Grumman stock a buy or sell?
- Performance over time
- Can I short Northrop Grumman shares?
- Is Northrop Grumman suitable for ethical investing?
- Are Northrop Grumman shares over-valued?
- How volatile are Northrop Grumman shares?
- Does Northrop Grumman pay a dividend?
- Have Northrop Grumman shares ever split?
- Other common questions
How has coronavirus impacted Northrop Grumman's share price?
Since the stock market crash that started in February 2020, Northrop Grumman's share price has had significant negative movement.
Its last market close was $350.24, which is 4.05% down on its pre-crash value of $365.01 and 33.01% up on the lowest point reached during the March 2020 crash when the shares fell as low as $263.31.
If you had bought $1,000 worth of Northrop Grumman shares at the start of February 2020, those shares would have been worth $742.12 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $963.16.
Northrop Grumman share price (NYSE:NOC)Use our graph to track the performance of NOC stocks over time.
Northrop Grumman shares at a glance
|52-week range||$279.1282 - $376.5611|
|50-day moving average||$361.9929|
|200-day moving average||$352.685|
|Wall St. target price||$412.05|
|Dividend yield||$5.92 (1.69%)|
|Earnings per share (TTM)||$27.579|
Fees for buying 5x Northrop Grumman shares with popular platforms
Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.
|Platform||Platform fee||Min. initial deposit||Trading fee estimate|
|Capital at risk|
|Capital at risk|
|Capital at risk|
|Capital at risk|
|Capital at risk|
|£9.99 per month||No minimum||£28.40
|Capital at risk|
|Capital at risk|
|£36 per year||£20||£26.51
|Capital at risk|
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
Is it a good time to buy Northrop Grumman stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Northrop Grumman price performance over time
|1 week (2021-09-13)||5.12%|
|1 month (2021-08-20)||2.43%|
|3 months (2021-06-18)||1.26%|
|6 months (2021-03-19)||20.47%|
|1 year (2020-09-18)||8.88%|
|2 years (2019-09-20)||0.99%|
|3 years (2018-09-20)||23.36%|
|5 years (2016-09-20)||75.30%|
Is Northrop Grumman under- or over-valued?
Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.
Northrop Grumman's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Northrop Grumman shares trade at around 13x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Northrop Grumman's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 8.9173. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Northrop Grumman's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Northrop Grumman's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $5.6 billion (£4.1 billion).
The EBITDA is a measure of a Northrop Grumman's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$37.6 billion|
|Operating margin TTM||11.48%|
|Gross profit TTM||$7.5 billion|
|Return on assets TTM||6.3%|
|Return on equity TTM||43.56%|
|Market capitalisation||$56.2 billion|
TTM: trailing 12 months
How to short and sell Northrop Grumman shares
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "NOC.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 1.5 million Northrop Grumman shares held short by investors – that's known as the "short interest". This figure is 15.6% down from 1.8 million last month.
There are a few different ways that this level of interest in shorting Northrop Grumman shares can be evaluated.
Short interest ratio (SIR)
Northrop Grumman's "short interest ratio" (SIR) is the quantity of Northrop Grumman shares currently shorted divided by the average quantity of Northrop Grumman shares traded daily (recently around 522890.68965517). Northrop Grumman's SIR currently stands at 2.9. In other words for every 100,000 Northrop Grumman shares traded daily on the market, roughly 2900 shares are currently held short.
However Northrop Grumman's short interest can also be evaluated against the total number of Northrop Grumman shares, or, against the total number of tradable Northrop Grumman shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Northrop Grumman's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Northrop Grumman shares in existence, roughly 10 shares are currently held short) or 0.0095% of the tradable shares (for every 100,000 tradable Northrop Grumman shares, roughly 10 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Northrop Grumman.
Find out more about how you can short Northrop Grumman stock.
Environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Northrop Grumman.
Total ESG risk score
Northrop Grumman's total ESG risk: 33.16
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Northrop Grumman's overall score of 33.16 (as at 01/01/2019) is pretty weak – landing it in it in the 64th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Northrop Grumman is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Northrop Grumman's environmental score: 11.84/100
Northrop Grumman's environmental score of 11.84 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Northrop Grumman is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Northrop Grumman's social score: 17.49/100
Northrop Grumman's social score of 17.49 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Northrop Grumman is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Northrop Grumman's governance score: 8.83/100
Northrop Grumman's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Northrop Grumman is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Northrop Grumman's controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. A high-profile company, Northrop Grumman scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Northrop Grumman hasn't always managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||33.16|
|Total ESG percentile||63.95|
|Environmental score percentile||5|
|Social score percentile||5|
|Governance score percentile||5|
|Level of controversy||3|
Northrop Grumman share dividends
Dividend yield: 1.69% of stock value
Forward annual dividend yield: 1.8% of stock value
Dividend payout ratio: 23.71% of net profits
Northrop Grumman has recently paid out dividends equivalent to 1.69% of its share value annually.
Northrop Grumman has paid out, on average, around 23.71% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.8% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 1.8% return on their shares, in the form of dividend payments. In Northrop Grumman's case, that would currently equate to about $5.92 per share.
While Northrop Grumman's payout ratio might seem low, this can signify that the company is investing more in its future growth.
Northrop Grumman's most recent dividend payout was on 15 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 27 August 2021 (the "ex-dividend date").
Have Northrop Grumman's shares ever split?
Northrop Grumman's shares were split on a 10000:9035 basis on 31 March 2011. So if you had owned 9035 shares the day before before the split, the next day you'd have owned 10000 shares. This wouldn't directly have changed the overall worth of your Northrop Grumman shares – just the quantity. However, indirectly, the new 9.7% lower share price could have impacted the market appetite for Northrop Grumman shares which in turn could have impacted Northrop Grumman's share price.
Share price volatility
Over the last 12 months, Northrop Grumman's shares have ranged in value from as little as $279.1282 up to $376.5611. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Northrop Grumman's is 0.8373. This would suggest that Northrop Grumman's shares are less volatile than average (for this exchange).
Shares similar to Northrop Grumman
Northrop Grumman in the news
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