General Dynamics Downgraded: Gulfstream Delays and Defense Uncertainty Rock Wall Street

GuruFocus.com12-19

General Dynamics Corp. (NYSE:GD) is hitting turbulence. RBC Capital Markets just downgraded the stock from "Outperform" to "Sector Perform," slicing its price target to $290. The culprit? Gulfstream's...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492610873?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/d8ZmjGEjIBhfyv9ZjjyLqA--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/58c31de3261ebcb0fa51d322f242a246","is_english":true,"pubTime":"2024-12-19 23:08","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2492610873","market":"us","top_or_hot":-1,"title":"General Dynamics Downgraded: Gulfstream Delays and Defense Uncertainty Rock Wall Street","media":"GuruFocus.com","content":"<div>\n<p>General Dynamics Corp. (NYSE:GD) is hitting turbulence. RBC Capital Markets just downgraded the stock from \"Outperform\" to \"Sector Perform,\" slicing its price target to $290. The culprit? Gulfstream's...</p>\n\n<a href=\"https://finance.yahoo.com/news/general-dynamics-downgraded-gulfstream-delays-150825413.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>General Dynamics Downgraded: Gulfstream Delays and Defense Uncertainty Rock Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGeneral Dynamics Downgraded: Gulfstream Delays and Defense Uncertainty Rock Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-19 23:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/general-dynamics-downgraded-gulfstream-delays-150825413.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General Dynamics Corp. (NYSE:GD) is hitting turbulence. RBC Capital Markets just downgraded the stock from \"Outperform\" to \"Sector Perform,\" slicing its price target to $290. The culprit? Gulfstream's...</p>\n\n<a href=\"https://finance.yahoo.com/news/general-dynamics-downgraded-gulfstream-delays-150825413.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GD","symbol_name":"通用动力","start_time":0,"source_url":"https://finance.yahoo.com/news/general-dynamics-downgraded-gulfstream-delays-150825413.html","article_id":"2492610873","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/d8ZmjGEjIBhfyv9ZjjyLqA--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/58c31de3261ebcb0fa51d322f242a246"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492610873","pubTimestamp":1734620905,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"General Dynamics Corp.  is hitting turbulence. RBC Capital Markets just downgraded the stock from \"Outperform\" to \"Sector Perform,\" slicing its price target to $290. The culprit?Gulfstream's sluggish delivery pace. The iconic private jet maker, known for its status-symbol aircraft, has fallen short of delivery expectations, forcing analysts to temper their aerospace margin forecasts through 2026. General Dynamics is now trading at $262 near its 52-week low of $247.36, as Wall Street wrestles with concerns about the company's near-term profitability.GuruFocus has detected 3 Warning Signs with GD.Here's the deal: General Dynamics has a rock-solid foundation, bolstered by a 46-year streak of consistent dividends and a historically steady beta of 0.6. But the road ahead looks bumpy. Gulfstream, once the crown jewel of private aviation, is losing some shine, and the defense segment isn't exactly firing on all cylinders. For investors, the big question is whether GD can weather these short-t","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"GD":"通用动力"},"translate_title":"通用动力公司降级：湾流延误和国防不确定性震撼华尔街","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GD":0.9},"content_text":"General Dynamics Corp. (NYSE:GD) is hitting turbulence. RBC Capital Markets just downgraded the stock from \"Outperform\" to \"Sector Perform,\" slicing its price target to $290. The culprit? Gulfstream's sluggish delivery pace. The iconic private jet maker, known for its status-symbol aircraft, has fallen short of delivery expectations, forcing analysts to temper their aerospace margin forecasts through 2026. General Dynamics is now trading at $262 near its 52-week low of $247.36, as Wall Street wrestles with concerns about the company's near-term profitability.\n\nWarning! GuruFocus has detected 3 Warning Signs with GD.\n\nThis isn't just about jets. Broader defense sector headwinds are adding to the pressure. With defense policy in limbo, especially under the shadow of a potential Trump 2.0 administration, analysts are cautious about where military spending is headed. Still, GD isn't without its bright spots. The company's portfolio includes lucrative defense contracts like the $5.7 billion in new Navy shipbuilding fundscovering everything from submarines to combat ships. But even these wins can't fully offset fears of delayed cash flows and slimmer margins, as reflected in a string of downgrades from Jefferies, Goldman Sachs, and Wolfe Research.\nHere's the deal: General Dynamics has a rock-solid foundation, bolstered by a 46-year streak of consistent dividends and a historically steady beta of 0.6. But the road ahead looks bumpy. Gulfstream, once the crown jewel of private aviation, is losing some shine, and the defense segment isn't exactly firing on all cylinders. For investors, the big question is whether GD can weather these short-term storms and emerge strongeror if the cracks in the armor signal deeper challenges ahead.This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492610873"}