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L3Harris Technologies (LHX)
NYSE:LHX
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LHX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$200.18 - $265.74
Previous Close$213.55
Volume1.66M
Average Volume (3M)864.63K
Market Cap
$39.95B
Enterprise Value$52.94B
Total Cash (Recent Filing)$539.00M
Total Debt (Recent Filing)$12.91B
Price to Earnings (P/E)33.7
Beta0.78
Next Earnings
Jan 23, 2025EPS Estimate
$3.44Last Dividend Ex-Date
Nov 18, 2024Dividend Yield2.17%
Share Statistics
EPS (TTM)6.33
Shares Outstanding189,668,364
10 Day Avg. Volume6,002,607
30 Day Avg. Volume864,628
Standard Deviation0.07
R-Squared0.26
Alpha-0.00121
Financial Highlights & Ratios
Price to Book (P/B)2.13
Price to Sales (P/S)1.89
Price to Cash Flow (P/CF)12.80
P/FCF Ratio14.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.50
Enterprise Value/Gross Profit10.35
Enterprise Value/Ebitda25.18
Forecast
1Y Price Target
$282.35Price Target Upside32.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
L3Harris Technologies News
Bulls Say, Bears Say
Bulls Say
Cost Savings And EfficiencyThe company's aggressive cost take-out efforts at LHX NeXT are running 12 months ahead of schedule, expecting $600 million in gross savings in 2024.
Financial PerformanceLHX is valued at a significant discount to the market, trading at a 5.5% free cash flow yield, suggesting potential investment value.
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.
Bears Say
Budget And Policy RisksPotential risks associated with DoD budget changes could affect financial stability and future growth.
Financial PerformanceLHX reported operating cash flow of $0.78 billion, which is below the consensus of $0.8 billion and below MSe of $0.85 billion.
Merger And Acquisition RisksThere are integration risks from the LLL/HRS merger that could impact operational efficiency.
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Ownership Overview
0.30% Insiders
33.21% Mutual Funds
18.68% Other Institutional Investors
24.12% 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?
Currently, no data Available
When is L3Harris Technologies’s upcoming earnings report date?
L3Harris Technologies’s upcoming earnings report date is Jan 23, 2025 which is in 32 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 $1.159 which represents an annual dividend yield of 2.17%. See more information on L3Harris Technologies dividends here
What is L3Harris Technologies’s EPS estimate?
L3Harris Technologies’s EPS estimate is $3.44.
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
Moderate Buy
Average Price Target:
$282.35 (32.22% Upside)
$282.35 (32.22% Upside)
Blogger Sentiment
Bullish
LHX Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 31.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $7.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
5.48%
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
70.52% Products
29.48% Services
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LHX Stock 12 Month Forecast
Average Price Target
$282.35
▲(32.22% Upside)
Technical Analysis
Best Analysts Covering LHX
1 Year
1 Year Success Rate
36/45 ratings generated profit
1 Year Average Return
+18.26%
reiterated a buy rating 2 months ago
Copying Gautam Khanna's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +18.26% per trade.
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