Positive context积极背景
Stocks股票 / Industrials / NOC
Northrop Grumman · Industrials
NOC US listed · USD美股 · 美元
Northrop Grumman Corporation, headquartered in West Falls Church, Virginia, is an American aerospace and defense company that designs and manufactures systems for aeronautics, defense, missions, and space.诺斯罗普·格鲁曼公司（Northrop Grumman Corporation）总部位于弗吉尼亚州西福尔斯彻奇，是一家美国航空航天与防务公司，设计并制造航空、防务、任务及太空领域的系统。
Large cap大盘 · $82B
Industrials
Cyclical周期股
$574.74
-$2.58 · -0.45%
52w low52周低 $489high高 $778
Constructive — building a base建设性 — 正在筑底
Confirmed cycle low — the entry window is open now, with a clear exit if it closes back below 512.29.周期低点已确认——入场窗口现已开启，若收盘重新跌破 512.29 则明确离场。
Live实时
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-08-14
Momentum (RSI 14)动量（RSI 14）
65
Elevated偏高
vs 50-day average相对50日均线
+6.8% above上方
Uptrend intact趋势完好
vs 200-day average相对200日均线
-4.5% below下方
Long trend down长期向下
Volatility波动率
31th percentile第31百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
Estimates being raised — 15 analysts预期上调 — 15 位分析师
Valuation估值
Looks cheap vs sector相对行业偏便宜| Multiple指标 | NOC | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/E (trailing)市盈率（历史） | 19.51x | 30.23 | |
| P/B市净率 | 4.89x | 4.41 | |
| P/S市销率 | 1.95x | 2.24 | |
| Earnings yield盈利收益率 | 5.12% | 3.11 | |
| FCF yield自由现金流收益率 | 4.05% | 3.73 | |
| Shareholder yield股东收益率 | 3.57% | 2.22 | |
| EV/EBITDA企业价值/EBITDA | 15.53x | 16.47 | |
| P/FCF市值/自由现金流 | 24.68x | 24.95 |
"Cheaper than" = share of sector peers trading richer on that multiple.「相对便宜」= 行业中该指标估值更高的同行占比。
Financials财务数据
fiscal years财年Revenue营业收入
$42.0B2025
20202025
5-yr growth5年复合增速 2.7%
Earnings per share每股收益
$29.082025
20202025
5-yr growth5年复合增速 8.9%
Free cash flow自由现金流
$3.3B2025
20202025
Operating margin营业利润率
10.8%
Net margin净利率
10.0%
FCF margin自由现金流利润率
11.3%
Balance-sheet quality财务体质 6/8
Bankruptcy risk: safe zone破产风险：安全区
Return on equity股本回报率 25%
Clean稳健
Leverage杠杆
Net debt / EBITDA净债务/EBITDA1.89
Current ratio流动比率1.10
Capital allocation资本配置
Buybacks (TTM)回购（TTM）$1.6B
Stock-based comp股权薪酬$119.0M
Share count change (1y)股数变化（1年）-2.0%
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Sector / Theme行业/主题
Industrials (Equal-Weight) theme — #21 of 49 themes「工业（等权）」主题 — 49 个主题中第 21 位
Macro宏观
Rate risk runs through its market / growth beta, not a distinct duration leg.其利率风险通过市场／成长beta体现，并无独立的久期暴露。
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
BOTTOMING → BUY ZONE筑底中 → 买入区
Options positioning期权持仓
as of last close截至上一收盘Market makers are net long gamma — price pinned near current level做市商净持有正伽玛，价格倾向于在当前水平附近震荡
Expected daily move预期日波动
±1.60%
Expected weekly move预期周波动
±3.58%
Gamma flip伽玛翻转位
$542
25d risk reversal25d风险逆转
0.1%
Flow:资金流向： $1M premium traded; 0% 0DTE; 2 fresh positions; P/C 0.89; ~leans bullish (direction approx)成交权利金 $1M；0DTE占0%；2个新建仓；看跌看涨比 0.89；≈偏看涨（方向近似）
Skew: balanced偏斜：balanced
Call and put walls are plotted on the Trade levels ladder →看涨/看跌期权墙已标注在「交易点位」阶梯上 →
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$26.2M net (0 buyers, 6 sellers)-$26.2M 净值（0 买家，6 卖家）
Concentrated ownership集中持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | As of截至 |
|---|---|---|---|---|
| Soros Fund Management | B | New position新建仓 | 0.1% | 2026-03-31 |
Signal history信号历史
engine events引擎事件
NEARING A HIGH → BUY ZONE接近高点 → 买入区
BUY. A new cycle low likely formed 17 day(s) ago (2026-07-21 @ 512.29): swing low in, price back above the 10-day average — and the weekly timeframe agrees. Last cycle was left-translated (topped early) — a bearish structural tell买入。新的周期低点可能已在 17 天前形成 （2026-07-21 @ 512.29）：摆动低点已现，价格重新站上 10 日均线——且周线周期也一致确认。 上一周期为左移结构（见顶偏早）——属于看空的结构性信号
Aug 7, 2026
BOTTOMING → BUY ZONE筑底中 → 买入区
BUY买入
Aug 7, 2026
NOC weekly MACD crossed upNOC 周线MACD上穿
The weekly MACD histogram turned positive — the slower, less-whippy momentum read.周线MACD柱状图转正 — 更慢、更少来回的动量信号。
Aug 3, 2026
UNCONFIRMED TURN → BOTTOMING未确认转向 → 筑底中
BUY SETUP买入预备
Jul 23, 2026
NOC daily MACD crossed upNOC 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $533.48.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$533.48。
Jul 21, 2026
NEARING A LOW → UNCONFIRMED TURN接近低点 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Jul 21, 2026
NOC broke down vs the marketNOC 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $512.29.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$512.29。
Jul 21, 2026
NOC daily MACD crossed downNOC 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $512.29.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$512.29。
Jul 15, 2026
NOC broke down vs the marketNOC 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $525.22.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$525.22。
Jul 14, 2026
UNCONFIRMED TURN → NEARING A LOW未确认转向 → 接近低点
GET READY准备
Jul 9, 2026
BOTTOMING → UNCONFIRMED TURN筑底中 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Showing the last 15 of显示最近15条，共 94 signals条信号
Company profile公司档案
Northrop Grumman Corporation, headquartered in West Falls Church, Virginia, is an American aerospace and defense company that designs and manufactures systems for aeronautics, defense, missions, and space.诺斯罗普·格鲁曼公司（Northrop Grumman Corporation）总部位于弗吉尼亚州西福尔斯彻奇，是一家美国航空航天与防务公司，设计并制造航空、防务、任务及太空领域的系统。
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Value价值
Below market低于市场
Quality质量
Below market低于市场
Investment资本投入
Below market低于市场
Shareholder payout股东回报
Below market低于市场
Low volatility低波动
Above market高于市场
Low market beta低市场敏感度
Above market高于市场
Earnings quality盈利质量
Above market高于市场
Short interest空头兴趣
Below market低于市场
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Valuation vs sector估值对比行业
| Multiple指标 | This stock本股 | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/E (trailing)市盈率（静态） | 19.5× | 30.2× | 77% |
| Price / Book市净率 | 4.9× | 4.4× | 43% |
| Price / Sales市销率 | 1.9× | 2.2× | 57% |
| EV / EBITDAEV/EBITDA | 15.5× | 16.5× | 54% |
| Earnings yield盈利收益率 | 5.1% | 3.1% | 79% |
| Free-cash-flow yield自由现金流收益率 | 5.8% | 5.5% | 55% |
| Shareholder yield股东综合回报率 | 3.6% | 2.2% | 68% |
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
32/100 — middle of the pack居中
vs market, 3 months相对大盘（3个月）
39/100 — middle of the pack居中
vs market, 6 months相对大盘（6个月）
13/100 — weaker than most弱于多数
vs market, 12 months相对大盘（12个月）
27/100 — weaker than most弱于多数
Rank in sector行业内排名
#181 / 262
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | +1.2% | +1.2% |
| 1 Month近1月 | +8.7% | +3.5% |
| 3 Months近3月 | +6.8% | +5.2% |
| 6 Months近6月 | -17.6% | +14.4% |
| Year to date年初至今 | -1.1% | +14.2% |
| 1 Year近1年 | +0.3% | +21.6% |
Trading information交易信息
Beta vs market贝塔
0.06
Volatility rank波动率分位
31th pctile
Short interest空头占比
1.6% of float
Market cap市值
$82B
EPS (trailing)每股收益
$29.45
Off 52-week high距52周高点
-24.8%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $36.8B | $35.7B | $36.6B | $39.3B | $41.0B | $42.0B |
| EPS每股收益 | $19.03 | $43.54 | $31.47 | $13.53 | $28.34 | $29.08 |
| Free cash flow自由现金流 | $2.9B | $2.2B | $1.5B | $2.1B | $2.6B | $3.3B |
| Gross margin毛利率 | — | — | — | — | — | — |
| Net margin净利率 | 8.7% | 19.6% | 13.4% | 5.2% | 10.2% | 10.0% |
| FCF margin自由现金流利润率 | 7.8% | 6.0% | 4.0% | 5.3% | 6.4% | 7.9% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$42.0B
Net income净利润
$4.2B
Operating cash flow经营现金流
$4.8B
Total assets总资产
$51.4B
Shareholder equity股东权益
$16.7B
Long-term debt长期负债
$15.2B
Dividends paid股息支出
$1.3B
Buybacks股票回购
$1.6B
Shares outstanding总股本
0.14B
Returns & growth回报与增长
Return on equity股本回报率
25.1%
Return on assets资产回报率
8.1%
Debt / assets负债/资产
29.5%
Profit growth利润增速
+0.2%
Asset growth资产增速
+4.1%
Accounting quality checks会计质量检查
- Earnings quality: accruals elevated vs peers (earnings lean on non-cash items)盈利质量：应计利润高于同业（盈利依赖非现金项目）
- Working capital: inventory +72% vs sales +14% — inventory building, demand risk营运资本：存货 +72% 对销售 +14%——存货积压，需求风险
- Capital discipline: investment near the peer median资本纪律：投资力度接近同业中位
- Balance sheet: Altman Z 3.0 — safe zone资产负债表：Altman Z 3.0——安全区
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
65
RSI (2-day)RSI（2日）
43
vs 20-day average相对20日均线
+4.8%
vs 50-day average相对50日均线
+6.8%
vs 200-day average相对200日均线
-4.5%
Golden cross (50>200)金叉（50>200）
not in effect未生效
MACDMACD
above signal位于信号线上方
Timeframe alignment多周期共振
Daily日线
momentum up动能向上
3-day3日线
momentum up动能向上
Weekly周线
momentum up — fresh upturn动能向上——刚刚转强
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
79/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Estimate revisions预期修正
Analysts covering覆盖分析师
15
Estimate direction预期调整方向
mixed分歧
Estimate change, 90 days预期变化（90天）
+0.8%
Net upgrades, 30 days净上调（30天）
+9
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Options — full detail期权持仓 — 完整明细
Dealer positioning map做市商持仓地图
Call wall看涨期权墙
$600
Put wall看跌期权墙
$530
Gamma flip伽玛翻转位
$542
Upside magnet上方磁吸位
$600
Downside magnet下方磁吸位
$580
Net dealer gamma做市商净伽玛
+$0.0B
Distance to flip距翻转位
+7.2%
Walls and magnets are strikes with heavy open interest — price often slows or gravitates there.期权墙与磁吸位是未平仓集中的行权价 — 价格常在附近减速或被吸引。
Volatility pricing波动率定价
Implied volatility (30d)隐含波动率（30天）
0%
25-delta risk reversal25-delta风险逆转
+0.1%
Call-put IV spread看涨-看跌IV价差
-0.0pp
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Tracked funds holding it跟踪基金持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | Position市值 |
|---|---|---|---|---|
| Soros Fund Management | B | New position新建仓 | 0.1% | $7M |
Fund positioning基金持仓概览
Tracked funds in the name持有该股的跟踪基金
1
Buying vs selling买入vs卖出
1 : 0
Quarterly trend季度趋势
{'direction': 'distributing', 'n_quarters': 5, 'holders_first': 1, 'holders_last': 1, 'holders_delta': 0, 'value_change_pct': -64.2, 'from_period': '2025-03-31', 'to_period': '2026-03-31', 'available_on': '2026-05-16', 'available_on_first': '2025-05-16', 'holders_series': [1, 1, 0, 0, 1]}{'direction': 'distributing', 'n_quarters': 5, 'holders_first': 1, 'holders_last': 1, 'holders_delta': 0, 'value_change_pct': -64.2, 'from_period': '2025-03-31', 'to_period': '2026-03-31', 'available_on': '2026-05-16', 'available_on_first': '2025-05-16', 'holders_series': [1, 1, 0, 0, 1]}
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$26.2M
Insider buyers vs sellers内部人买家vs卖家
0 : 6
Short interest空头占流通盘
1.6%
Days to cover回补天数
2.2
Short interest change空头变化
-0.8%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。