[GlobeNewswire] – BALTIMORE — Northrop Grumman Corporation and the Northrop Grumman Foundation will sponsor cyber defense competitions this month in the U.S., Middle East and Europe demonstrating the company’s global commitment … Read more on this. Northrop Grumman Corporation (NOC) , valued at $36.29B, opened this morning at $201.52. Looking at today’s trading action, the company’s one day range from $199.66 to $202.00 with a one year range of $152.31 to $203.88. NOC shares are currently priced at 19.77x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 12.91x forward p/e ratio. The company pays shareholders $3.20 per share annually in dividends, yielding 1.59%. Consensus earnings for the current quarter by the 18 sell-side analysts covering the stock is an estimate of $2.48 per share, which would be $0.07 better than the year-ago quarter and a $0.03 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $10.23 would be a $0.16 worse 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 $5.92 Billion. If realized, that would be a 0.67% decrease over the year-ago quarter. Recently, Guggenheim Initiated NOC at Buy (Apr 5, 2016). Previously, BofA/Merrill upgraded NOC from Neutral to Buy. The average price target for NOC shares by the analysts covering the stock is $205.13, which is 1.79% above where the stock opened this morning. See more in (NYSE:NOC) Similar Articles: Stock Update: Northrop Grumman Corporation (NYSE:NOC) – Northrop Grumman Successfully Demonstrates Flexible Solution to Utilize Legacy and Future Sensors on RQ-4 Global Hawk Company Update: Northrop Grumman Corporation (NYSE:NOC) – Northrop Grumman Demonstrates Continued Progress With its Integrated Topside Advance Development Model Market Update: Northrop Grumman Corporation (NYSE:NOC) – Northrop Grumman to Feature Global Security Capabilities at Seoul International Aerospace and Defense Exhibition 2015