L3Harris Technologies Inc (LHX)

NYSE
Currency in USD
208.28
+1.13(+0.55%)
Closed
After Hours
207.42-0.86(-0.41%)
LHX Scorecard
Full Analysis
Has raised its dividend for 23 consecutive years
Fair Value
Day's Range
205.20208.80
52 wk Range
200.18265.74
Key Statistics
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Prev. Close
207.15
Open
207.58
Day's Range
205.2-208.8
52 wk Range
200.18-265.74
Volume
1.75M
Average Volume (3m)
932.17K
1-Year Change
0.23%
Book Value / Share
100.14
Fair Value
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Fair Value Upside
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LHX Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
270.28
Upside
+29.77%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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L3Harris Technologies Inc Company Profile

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company’s Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber; mission avionics; electronic warfare systems; and mission networks systems for air traffic management operations. The company’s Communication Systems segment provides broadband communications; tactical radios, software, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; integrated vision solutions, including helmet-mounted integrated night vision goggles with leading-edge image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios, and system applications and equipment. Its Aerojet Rocketdyne segment provides propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems; and space propulsion and power systems for national security, and space and exploration missions. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is based in Melbourne, Florida.

Employees
50000

L3Harris Technologies Inc SWOT Analysis


Defense Tech Titan
L3Harris Technologies, a $42.3B market cap defense giant, showcases resilience amid industry shifts, leveraging strategic acquisitions and cost-saving initiatives
Financial Fortitude
Explore L3Harris's robust financial performance, with $21.1B revenue and $3.7B EBITDA, underpinned by a 23-year dividend growth streak and promising margin projections
Segment Synergies
Delve into L3Harris's diverse portfolio, from Integrated Mission Systems to Aerojet Rocketdyne, driving growth through key contracts and technological advancements
Market Dynamics
Analysts set price targets ranging from $240 to $274, reflecting mixed sentiments on L3Harris's growth potential amid evolving defense industry landscapes
Read full SWOT analysis

L3Harris Technologies Inc Earnings Call Summary for Q3/2024

  • L3Harris reports 8% YoY revenue growth, raises FY guidance to $21.1-$21.3B, EPS $12.95-$13.15
  • Secured $600M Next Gen Jammer contract, $1.2B IDIQ Navy contract; book-to-bill ratio at 1.4
  • Strategic partnership with Palantir announced to enhance supply chain and digital infrastructure
  • On track to exceed 2024 cost savings target of $400M, now expecting at least $600M
  • Strong margins in CS (26%) and IMS (12.2%) segments; SAS margins declined due to program challenges
Last Updated: 2024/10/25, 22:06
Read Full Transcript

Compare LHX to Peers and Sector

Metrics to compare
LHX
Peers
Sector
Relationship
P/E Ratio
32.7x31.1x11.8x
PEG Ratio
−1.760.530.03
Price/Book
2.1x2.7x1.4x
Price / LTM Sales
1.9x2.1x1.2x
Upside (Analyst Target)
29.4%36.1%26.3%
Fair Value Upside
Unlock7.1%8.2%Unlock

Analyst Ratings

18 Buy
5 Hold
1 Sell
Ratings:
22 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 270.28

(+29.77% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 6.36
Dividend Yield
2.23%
Industry Median 1.04%
Annualised payout
4.6400
Paid quarterly
5-Years Growth
-
Growth Streak

FAQ

What Is the L3Harris Technologies (LHX) Stock Price Today?

The L3Harris Technologies stock price today is 208.28

What Stock Exchange Does L3Harris Technologies Trade On?

L3Harris Technologies is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for L3Harris Technologies?

The stock symbol for L3Harris Technologies is "LHX."

Does L3Harris Technologies Pay Dividends? What’s The Current Dividend Yield?

The L3Harris Technologies dividend yield is 2.23%.

What Is the L3Harris Technologies Market Cap?

As of today, L3Harris Technologies market cap is 39.50B.

What is L3Harris Technologies Earnings Per Share?

The L3Harris Technologies EPS is 6.36.

What Is the Next L3Harris Technologies Earnings Date?

L3Harris Technologies will release its next earnings report on 29 Jan 2025.

From a Technical Analysis Perspective, Is LHX a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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