Company Update (NYSE:LMT): Collaboration on Critical National Infrastructure Cybersecurity Key to Minimising UK Economic Risk According to New Study

[PR Newswire] – LONDON, April 12, 2016 /PRNewswire/ — A significant cyberattack across the UK’s critical national infrastructure could have far-reaching and significant economic impacts for Britain according to a study carried out by the Cambridge Centre for Risk Studies at the University of Cambridge Judge Business School. The report, developed in conjunction with Lockheed Martin, Integrated Infrastructure: Cyber Resiliency in Society, models the potential impact of a coordinated and sustained cyberattack on one of the UK’s regional power distribution networks and the likely short and long term costs to the UK economy. Read more on this. Lockheed Martin Corporation (LMT) , with a current value of $68.85B, began trading this morning at $224.75. Today’s price range has been between $224.18 and $226.00 per share and has traded between $181.91 and $228.00 over the past year. LMT shares are currently priced at 19.05x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 4.94x earnings multiple for the same period. The company pays shareholders $6.60 per share annually in dividends, yielding 2.92%. Consensus earnings for the current quarter by the 18 sell-side analysts covering the stock is an estimate of $2.58 per share, which would be $0.16 worse than the year-ago quarter and a $0.19 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $11.79 would be a $0.95 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $11.34 Billion. If realized, that would be a 12.17% increase over the year-ago quarter. Recently, Berenberg Initiated LMT at Buy (Mar 17, 2016). Previously, Guggenheim Initiated LMT at to Buy. The average price target for LMT shares by the analysts covering the stock is $237.69, which is 5.76% above where the stock opened this morning. See more in (NYSE:LMT) Similar Articles: Company Update (NYSE:LMT): Systems Made Simple, a Lockheed Martin Company, Awarded Department of Veteran’s Affairs Health IT Contract Company Update (NYSE:LMT): Lockheed CEO says Poland, Turkey interested in MEADS missile defense system Company Update: Lockheed Martin Corporation (NYSE:LMT) – Iowa State University Wins National Cyber Analyst Challenge