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L3Harris Technologies, Inc. (LHX)

207.68 -0.46 (-0.22%)
At close: April 23 at 4:00 PM EDT
211.00 +3.32 (+1.60%)
Pre-Market: 4:17 AM EDT
Loading Chart for LHX
DELL
  • Previous Close 208.14
  • Open 209.96
  • Bid --
  • Ask 209.00 x 900
  • Day's Range 207.52 - 210.73
  • 52 Week Range 160.25 - 218.34
  • Volume 850,663
  • Avg. Volume 1,127,690
  • Market Cap (intraday) 39.478B
  • Beta (5Y Monthly) 0.65
  • PE Ratio (TTM) 32.25
  • EPS (TTM) 6.44
  • Earnings Date Apr 25, 2024
  • Forward Dividend & Yield 4.64 (2.23%)
  • Ex-Dividend Date Jun 4, 2024
  • 1y Target Est 243.52

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.

www.l3harris.com

50,000

Full Time Employees

December 29

Fiscal Year Ends

Recent News: LHX

Performance Overview: LHX

Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

LHX
0.86%
S&P 500
6.30%

1-Year Return

LHX
5.34%
S&P 500
22.67%

3-Year Return

LHX
4.93%
S&P 500
22.63%

5-Year Return

LHX
38.77%
S&P 500
74.37%

Compare To: LHX

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Statistics: LHX

Valuation Measures

Annual
As of 4/23/2024
  • Market Cap

    39.48B

  • Enterprise Value

    52.04B

  • Trailing P/E

    32.26

  • Forward P/E

    16.37

  • PEG Ratio (5yr expected)

    0.92

  • Price/Sales (ttm)

    2.04

  • Price/Book (mrq)

    2.10

  • Enterprise Value/Revenue

    2.68

  • Enterprise Value/EBITDA

    17.76

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    6.32%

  • Return on Assets (ttm)

    3.84%

  • Return on Equity (ttm)

    6.40%

  • Revenue (ttm)

    19.42B

  • Net Income Avi to Common (ttm)

    1.23B

  • Diluted EPS (ttm)

    6.44

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    560M

  • Total Debt/Equity (mrq)

    74.09%

  • Levered Free Cash Flow (ttm)

    1.61B

Research Analysis: LHX

Analyst Price Targets

184.00 Low
243.52 Average
207.68 Current
324.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: LHX

Fair Value

207.68 Current
 

Dividend Score

0 Low
LHX
Sector Avg.
100 High
 

Hiring Score

0 Low
LHX
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
LHX
Sector Avg.
100 High
 

Research Reports: LHX

  • Analyst Report: L3Harris Technologies, Inc.

    L3Harris Technologies provides products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance, or C4ISR, market. The firm produces uncrewed aerial vehicles, sensors, and avionics, as well as provides military and commercial training services and maintains the U.S. Federal Aviation Administration's communications infrastructure. In July 2023, the company acquired Aerojet Rocketdyne, a key supplier of rocket motors to the space and defense industry.

    Rating
    Price Target
     
  • Analyst Report: L3Harris Technologies, Inc.

    L3Harris Technologies provides products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance, or C4ISR, market. The firm produces uncrewed aerial vehicles, sensors, and avionics, as well as provides military and commercial training services and maintains the U.S. Federal Aviation Administration's communications infrastructure. In July 2023, the company acquired Aerojet Rocketdyne, a key supplier of rocket motors to the space and defense industry.

    Rating
    Price Target
     
  • Analyst Report: L3Harris Technologies Inc

    L3Harris provides communications and electronic systems for government and commercial customers. The company's largest customers are departments and agencies of the U.S. government and their prime contractors, including Lockheed Martin and Boeing. L3Harris employs 46,000 people. LHX shares are a component of the S&P 500.

    Rating
    Price Target
     
  • Market Digest: CCI, ABT, CMA, DHI, FHI, GD, LHX, KLAC, NOC, PCAR, T, WDC, XEL, CAVA

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