L3Harris Technologies is an aerospace & defense business based in the US. L3Harris Technologies shares (LHX) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $244.36 – a decrease of 1.53% over the previous week. L3Harris Technologies employs 50,000 staff and has a trailing 12-month revenue of around $21.1 billion.
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| Latest market close | $244.36 |
|---|---|
| 52-week range | $181.50 - $265.74 |
| 50-day moving average | $242.77 |
| 200-day moving average | $225.34 |
| Wall St. target price | $279.14 |
| PE ratio | 41.2912 |
| Dividend yield | $4.62 (1.77%) |
| Earnings per share (TTM) | $6.01 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $244.27 from 2024-11-18
| 1 week (2024-11-13) | -6.64% |
|---|---|
| 1 month (2024-10-18) | -1.81% |
| 3 months (2024-08-20) | 6.37% |
| 6 months (2024-05-20) | 9.23% |
| 1 year (2023-11-20) | 30.99% |
|---|---|
| 2 years (2022-11-18) | 14.04% |
| 3 years (2021-11-19) | 18.34% |
| 5 years (2019-11-20) | 32.39% |
Valuing L3Harris Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of L3Harris Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
L3Harris Technologies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 41x. In other words, L3Harris Technologies shares trade at around 41x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
L3Harris Technologies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9977. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into L3Harris Technologies's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
L3Harris Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.7 billion.
The EBITDA is a measure of a L3Harris Technologies's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $21.1 billion |
|---|---|
| Operating margin TTM | 9.85% |
| Gross profit TTM | $4.9 billion |
| Return on assets TTM | 3.55% |
| Return on equity TTM | 6.26% |
| Profit margin | 5.71% |
| Book value | $100.23 |
| Market Capitalization | $47.1 billion |
TTM: trailing 12 months
Dividend payout ratio: 35.72% of net profits
Recently L3Harris Technologies has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), L3Harris Technologies shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In L3Harris Technologies's case, that would currently equate to about $4.62 per share.
While L3Harris Technologies's payout ratio might seem fairly standard, it's worth remembering that L3Harris Technologies may be investing much of the rest of its net profits in future growth.
L3Harris Technologies's most recent dividend payout was on 5 December 2024. The latest dividend was paid out to all shareholders who bought their shares by 17 November 2024 (the "ex-dividend date").
L3Harris Technologies's shares were split on a 10000:9448 basis on 10 May 2009 . So if you had owned 9448 shares the day before before the split, the next day you'd have owned 10000 shares. This wouldn't directly have changed the overall worth of your L3Harris Technologies shares – just the quantity. However, indirectly, the new 5.5% lower share price could have impacted the market appetite for L3Harris Technologies shares which in turn could have impacted L3Harris Technologies's share price.
Over the last 12 months, L3Harris Technologies's shares have ranged in value from as little as $181.4998 up to $265.74. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while L3Harris Technologies's is 0.726. This would suggest that L3Harris Technologies's shares are less volatile than average (for this exchange).
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.
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