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L3harris Technologies (LHX)
:LHX
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LHX Stock Chart & Stats
Day’s Range― - ―
52-Week Range$200.18 - $265.74
Previous CloseN/A
Volume424.62K
Average Volume (3M)1.10M
Market Cap
$41.44B
Enterprise Value$57.20B
Total Cash (Recent Filing)$484.00M
Total Debt (Recent Filing)$3.40B
Price to Earnings (P/E)34.5
Beta0.84
Next Earnings
Jan 30, 2025EPS Estimate
3.42Last Dividend Ex-Date
Nov 18, 2024Dividend Yield2.12%
Share Statistics
EPS (TTM)6.33
Shares Outstanding189,668,370
10 Day Avg. Volume1,176,671
30 Day Avg. Volume1,100,509
Standard Deviation0.08
R-Squared0.27
Alpha-0.00310
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.96
Price to Cash Flow (P/CF)13.30
P/FCF Ratio14.80
Enterprise Value/Market Cap1.38
Enterprise Value/Revenue2.71
Enterprise Value/Gross Profit11.19
Enterprise Value/Ebitda27.21
Forecast
1Y Price Target
$272.80Price Target Upside25.05% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
L3Harris Technologies News
Bulls Say, Bears Say
Bulls Say
Financial GrowthThe company exceeded their savings target, strengthening confidence in reaching future financial targets and reflecting positively in the increased price objective.
Strategic PartnershipsThe partnership with Palantir is seen as a forward-thinking and strategic move that leverages AI-enabled data integration capabilities to improve costs and supply chain visibility.
ValuationL3Harris is seen as less expensive on valuation compared to other defense stocks like LMT, RTX, or NOC.
Bears Say
Budget And Market RisksThere is uncertainty on budget limits, which previously kept a positive view on defense stocks restricted for 2024.
Cash FlowLHX reported operating cash flow of $0.78 billion, below consensus of $0.8 billion by 2.9% and below MSe of $0.85 billion.
Financial PerformanceAR still faces challenges in raising underlying margins, and there is a need to see margin growth after adjustments for LHX NeXt are gone.
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Ownership Overview
0.30% Insiders
33.31% Mutual Funds
0.44% Other Institutional Investors
42.62% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LHX FAQ
What was L3harris Technologies’s price range in the past 12 months?
L3harris Technologies lowest stock price was $200.18 and its highest was $265.74 in the past 12 months.
What is L3harris Technologies’s market cap?
L3harris Technologies’s market cap is $41.44B.
When is L3harris Technologies’s upcoming earnings report date?
L3harris Technologies’s upcoming earnings report date is Jan 30, 2025 which is in 10 days.
How were L3harris Technologies’s earnings last quarter?
L3harris Technologies released its earnings results on Oct 24, 2024. The company reported $3.34 earnings per share for the quarter, beating the consensus estimate of $3.254 by $0.086.
Is L3harris Technologies overvalued?
According to Wall Street analysts L3harris Technologies’s price is currently Undervalued.
Does L3harris Technologies pay dividends?
L3harris Technologies pays a Quarterly dividend of $4.636 which represents an annual dividend yield of 2.12%. See more information on L3harris Technologies dividends here
What is L3harris Technologies’s EPS estimate?
L3harris Technologies’s EPS estimate is 3.42.
How many shares outstanding does L3harris Technologies have?
L3harris Technologies has 189,668,370 shares outstanding.
What happened to L3harris Technologies’s price movement after its last earnings report?
L3harris Technologies reported an EPS of $3.34 in its last earnings report, beating expectations of $3.254. Following the earnings report the stock price went up 3.539%.
Which hedge fund is a major shareholder of L3harris Technologies?
Among the largest hedge funds holding L3harris Technologies’s share is Diamond Hill Capital Management Inc. It holds L3harris Technologies’s shares valued at 354M.
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L3Harris Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$272.80 (25.05% Upside)
$272.80 (25.05% Upside)
Blogger Sentiment
Bullish
LHX Sentiment 70%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 31.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $7.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 5.7%
Last 30 Days ▲ 5.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.83%
12-Months-Change
Fundamentals
Return on Equity
6.42%
Trailing 12-Months
Asset Growth
-0.96%
Trailing 12-Months
Company Description
L3harris Technologies
L3Harris Technologies, Inc. is a technology-oriented aerospace and defense company that provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. The company was formed following the merger of Harris Corporation and L3 Technologies in June 2019.
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LHX Company Deck
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LHX Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a strong performance with record order volume, significant cost savings, and key contract wins contributing to an overall positive outlook. Despite some challenges in the SAS segment and space programs, the company's financial outlook remains robust, with increased guidance and improved operating margins.Read More>---
LHX Revenue Breakdown
35.31% Space & Airborne Systems
34.14% Integrated Mission Systems
26.11% Communication Systems
5.42% AR
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LHX Stock 12 Month Forecast
Average Price Target
$272.80
▲(25.05% Upside)
Technical Analysis
Best Analysts Covering LHX
1 Year
1 Year Success Rate
37/46 ratings generated profit
1 Year Average Return
+17.97%
reiterated a buy rating 27 days ago
Copying Gautam Khanna's trades and holding each position for 1 Year would result in 80.43% of your transactions generating a profit, with an average return of +17.97% per trade.
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