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L3Harris Technologies Inc 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. L3Harris Technologies employs 47,000 staff and has a trailing 12-month revenue of around $16.8 billion.
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| Latest market close | $220.39 |
|---|---|
| 52-week range | $197.93 - $275.83 |
| 50-day moving average | $232.08 |
| 200-day moving average | $233.25 |
| Wall St. target price | $248.78 |
| PE ratio | 23.743 |
| Dividend yield | $4.28 (1.95%) |
| Earnings per share (TTM) | $9.69 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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 $220.39 from 2022-09-23
| 1 week (2022-09-13) | N/A |
|---|---|
| 1 month (2022-08-23) | -5.06% |
| 3 months (2022-06-24) | -5.63% |
| 6 months (2022-03-22) | -12.54% |
| 1 year (2021-09-24) | -1.39% |
|---|---|
| 2 years (2020-09-24) | 25.41% |
| 3 years (2019-09-24) | 4.00% |
| 5 years (2017-09-22) | 67.22% |
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 24x. In other words, L3Harris Technologies shares trade at around 24x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
L3Harris Technologies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.1659. 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 $3.5 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 | $16.8 billion |
|---|---|
| Operating margin TTM | 15.28% |
| Gross profit TTM | $5.4 billion |
| Return on assets TTM | 4.57% |
| Return on equity TTM | 9.74% |
| Profit margin | 11.36% |
| Book value | $99.66 |
| Market capitalisation | $44 billion |
TTM: trailing 12 months
Dividend payout ratio: 34.06% of net profits
Recently L3Harris Technologies has paid out, on average, around 34.06% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.95% 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 1.95% return on their shares, in the form of dividend payments. In L3Harris Technologies's case, that would currently equate to about $4.28 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 15 September 2022. The latest dividend was paid out to all shareholders who bought their shares by 31 August 2022 (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 $197.9273 up to $275.8319. 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 0.6888. This would suggest that L3Harris Technologies's shares are less volatile than average (for this exchange).
L3Harris Technologies, Inc. , an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides multi-mission intelligence, surveillance, and reconnaissance (ISR) systems; and communication systems, as well as fleet management support, sensor development, modification, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates mission systems for maritime platforms, such as signals intelligence and multi-intelligence platforms; unmanned surface and undersea autonomous solutions; and power and ship control systems and other electronic and electrical products and systems. In addition, this segment offers advanced electro-optical and infrared solutions. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber defense solutions; mission avionics; and electronic warfare systems. The company's Communication Systems segment provides tactical communications; broadband secured mobile networked communication equipment, including airborne, space, and surface data link terminals, ground stations, and transportable tactical satellite communication (SATCOM) systems for use in manned aircraft, unmanned aerial vehicles, and naval ships; and helmet and weapon mounted integrated night vision systems.
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