Company Overview - Northrop Grumman Corporation, originally formed in 1939 as Northrop Aircraft Incorporated and reincorporated in 1985, is a global security company that supplies a wide range of products including space systems, military aircraft, missile defense, advanced weapons, and cyber technologies [11]. Investment Ratings - Northrop Grumman is currently rated as 3 (Hold) on the Zacks Rank, with a VGM Score of A, indicating a solid position in the market [11]. Growth Potential - The company is considered a top pick for growth investors, with a Growth Style Score of A, forecasting a year-over-year earnings growth of 6.9% for the current fiscal year [12]. - Recent analyst activity shows two analysts have revised their earnings estimates higher in the last 60 days for fiscal 2025, with the Zacks Consensus Estimate increasing by 27.88 per share [12]. - Northrop Grumman has an average earnings surprise of 8.1%, further indicating its potential for growth [12].
Why Northrop Grumman (NOC) is a Top Growth Stock for the Long-Term