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L3Harris Technologies Inc (LHX)

NYSE
Currency in USD
223.16
-1.19(-0.53%)
Closed
After Hours
226.79+3.63(+1.63%)
LHX Scorecard
Full Analysis
Has raised its dividend for 23 consecutive years
Fair Value
Day's Range
222.01224.84
52 wk Range
200.18265.74
Key Statistics
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Prev. Close
224.35
Open
223.85
Day's Range
222.01-224.84
52 wk Range
200.18-265.74
Volume
967.69K
Average Volume (3m)
802.11K
1-Year Change
8.02%
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
278.74
Upside
+24.91%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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L3Harris Technologies 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 Dynamics
L3Harris Technologies showcases mixed performance in aerospace and defense, with strong Q3 results but slower organic growth compared to industry peers
Financial Fortitude
Company raises 2024 outlook and targets 16%+ margins by 2026, demonstrating confidence in cost-saving initiatives and operational efficiency
Market Positioning
Explore L3Harris's competitive stance in key segments like Communication Systems and Integrated Mission Systems, driving revenue growth
Analyst Perspectives
Price targets range from $240 to $274, reflecting varied views on L3Harris's growth potential and market challenges in the defense secto
Read full SWOT analysis
LHX Full Pro Research
Institutional-Grade Stock Analysis
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Bearish and bullish outlooks
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L3Harris Technologies Inc Earnings Call Summary for Q4/2024

  • 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: 25/10/2024, 21:06
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Compare LHX to Peers and Sector

Metrics to compare
LHX
Peers
Sector
Relationship
P/E Ratio
35.1x31.3x11.8x
PEG Ratio
−1.890.540.03
Price/Book
2.2x2.6x1.4x
Price / LTM Sales
2.0x2.1x1.2x
Upside (Analyst Target)
28.1%26.2%20.5%
Fair Value Upside
Unlock5.6%6.2%Unlock

Analysts' Recommendations

17 Buy
6 Hold
1 Sell
Ratings:
23 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 278.74

(+24.91% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 6.36
Dividend Yield
2.08%
Industry Median 1.04%
Annualised payout
4.6400
Paid quarterly
5-Years Growth
-
Growth Streak

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FAQ

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

The L3Harris Technologies stock price today is 223.16

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 2.08%.

What Is the L3Harris Technologies Market Cap?

As of today, L3Harris Technologies market cap is 42.33B.

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 23 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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