Orbital ATK Inc (NYSE:OA) has earned a consensus rating of “Buy” from the ten research firms that are covering the company, ARN reports. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $95.00.

A number of analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Orbital ATK from a “buy” rating to a “hold” rating in a research report on Sunday, January 24th. Credit Suisse raised their price target on shares of Orbital ATK from $99.00 to $102.00 in a research report on Friday, January 15th. Jefferies Group reissued a “buy” rating and set a $100.00 price target on shares of Orbital ATK in a research report on Thursday, January 14th. Barclays raised their price target on shares of Orbital ATK from $100.00 to $109.00 and gave the stock an “overweight” rating in a research report on Monday, January 4th. Finally, Goldman Sachs raised shares of Orbital ATK from a “buy” rating to a “conviction-buy” rating and decreased their price objective for the stock from $109.00 to $104.00 in a report on Monday, January 4th.

In related news, Director Scott L. Webster sold 1,407 shares of Orbital ATK stock in a transaction dated Friday, November 6th. The shares were sold at an average price of $84.40, for a total transaction of $118,750.80. Following the sale, the director now directly owns 943 shares in the company, valued at $79,589.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Frank L. Jr. Culbertson sold 500 shares of Orbital ATK stock in a transaction dated Monday, December 14th. The shares were sold at an average price of $83.14, for a total transaction of $41,570.00. Following the sale, the executive vice president now owns 32,881 shares in the company, valued at $2,733,726.34. The disclosure for this sale can be found here.

Other large investors recently modified their holdings of the company. Janus Capital Management boosted its stake in shares of Orbital ATK by 146.1% in the third quarter. Janus Capital Management now owns 63,000 shares of the company’s stock worth $4,528,000 after buying an additional 37,400 shares in the last quarter. Three Peaks Capital Management boosted its stake in shares of Orbital ATK by 19.6% in the fourth quarter. Three Peaks Capital Management now owns 97,972 shares of the company’s stock worth $8,753,000 after buying an additional 16,048 shares in the last quarter. Creative Planning boosted its stake in shares of Orbital ATK by 406.9% in the fourth quarter. Creative Planning now owns 10,108 shares of the company’s stock worth $903,000 after buying an additional 8,114 shares in the last quarter. CIBC World Markets bought a new stake in shares of Orbital ATK during the fourth quarter worth $423,000. Finally, Outfitter Advisors boosted its stake in shares of Orbital ATK by 7.0% in the fourth quarter. Outfitter Advisors now owns 55,645 shares of the company’s stock worth $4,971,000 after buying an additional 3,660 shares in the last quarter.

Shares of Orbital ATK (NYSE:OA) traded down 3.02% during trading on Tuesday, hitting $86.85. 236,430 shares of the stock were exchanged. The stock has a market cap of $5.11 billion and a P/E ratio of 26.77. The stock has a 50-day moving average of $88.59 and a 200 day moving average of $81.11. Orbital ATK has a 12-month low of $56.06 and a 12-month high of $140.61.

Orbital ATK, Inc., formerly Alliant Techsystems Inc., is an aerospace and defense company. The Company designs, builds and delivers space, defense and aviation-related systems. The Company operates through three business segments: Flight Systems Group, which develops rockets that are used as small- and medium-class space launch vehicles; Defense Systems Group, which develops and produces military small- medium- and large-caliber ammunition, small-caliber commercial ammunition, propulsion systems, strike weapons, precision weapons and munitions, gun systems, aircraft survivability systems, fuzes and warheads, and special mission aircraft, and Space Systems Group, which develops and produces small- and medium-class satellites that are used to enable global and regional communications and broadcasting, conduct space-related scientific research, and perform other activities related to national security.

12 Month Chart for NYSE:OA

Receive News & Ratings for Orbital ATK Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orbital ATK Inc and related companies with MarketBeat.com's FREE daily email newsletter.