Our top pick for
Finder may earn compensation from partners, but editorial opinions are our own. Advertiser Disclosure
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 0.00.
|Latest market close||$228.49|
|52-week range||$155.15 - $246.08|
|50-day moving average||$229.30|
|200-day moving average||$222.93|
|Wall St. target price||$253.18|
|Dividend yield||$3.74 (1.55%)|
|Earnings per share (TTM)||$7.14|
*Signup bonus information updated weekly.
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.
|1 week (2021-10-21)||-5.49%|
|1 month (2021-09-28)||2.98%|
|3 months (2021-07-28)||0.36%|
|6 months (2021-04-28)||11.45%|
|1 year (2020-10-27)||37.43%|
|2 years (2019-10-25)||13.70%|
|3 years (2018-10-26)||42.06%|
|5 years (2016-10-27)||156.79%|
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 34x. In other words, L3Harris Technologies shares trade at around 34x 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 1.1668. 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||$18.4 billion|
|Operating margin TTM||14.52%|
|Gross profit TTM||$5.3 billion|
|Return on assets TTM||4.51%|
|Return on equity TTM||7.09%|
|Market capitalisation||$49.2 billion|
TTM: trailing 12 months
There are currently 2.4 million L3Harris Technologies shares held short by investors – that's known as L3Harris Technologies's "short interest". This figure is 3.8% up from 2.3 million last month.
There are a few different ways that this level of interest in shorting L3Harris Technologies shares can be evaluated.
L3Harris Technologies's "short interest ratio" (SIR) is the quantity of L3Harris Technologies shares currently shorted divided by the average quantity of L3Harris Technologies shares traded daily (recently around 1.1 million). L3Harris Technologies's SIR currently stands at 2.11. In other words for every 100,000 L3Harris Technologies shares traded daily on the market, roughly 2110 shares are currently held short.
However L3Harris Technologies's short interest can also be evaluated against the total number of L3Harris Technologies shares, or, against the total number of tradable L3Harris Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case L3Harris Technologies's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 L3Harris Technologies shares in existence, roughly 10 shares are currently held short) or 0.0118% of the tradable shares (for every 100,000 tradable L3Harris Technologies shares, roughly 12 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against L3Harris Technologies.
Find out more about how you can short L3Harris Technologies stock.
Dividend payout ratio: 32.85% of net profits
Recently L3Harris Technologies has paid out, on average, around 32.85% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.69% 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 1.69% return on their shares, in the form of dividend payments. In L3Harris Technologies's case, that would currently equate to about $3.74 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 16 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 1 September 2021 (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 $155.1524 up to $246.08. 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 0.8947. 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, modifications, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates maritime integrated command, control, communications, computers, and cyber ISR systems for maritime platforms; unmanned surface and undersea autonomous solutions; power and ship control systems; and other electronic and electrical products and systems, as well as designs and manufactures electro-optical and infrared sensors and surveillance, and targeting systems. 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 radio communications, SATCOM terminals, and battlefield management networks; broadband secured mobile networked communication equipment, including airborne, space, and surface data link terminals, as well as ground stations and transportable tactical SATCOM systems; helmet and weapon mounted integrated night vision systems; and radios, systems applications, and equipment for public safety and professional communications. Its Aviation Systems segment offers defense aviation products; commercial aviation products; commercial and military training solutions; and mission networks solutions for air traffic management.
Steps to owning and managing ProShares Bitcoin Strategy ETF units.
Everything we know about the The Real Good Food Company IPO, plus information on how to buy in.
Everything we know about the Lulu’s Fashion Lounge Holdings IPO, plus information on how to buy in.
Everything we know about the Allarity Therapeutics IPO, plus information on how to buy in.
Everything we know about the Jupiter Neurosciences IPO, plus information on how to buy in.
Everything we know about the Mainz Biomed IPO, plus information on how to buy in.
Everything we know about the Progressive Care IPO, plus information on how to buy in.
Everything we know about the Desert Peak Minerals IPO, plus information on how to buy in.
Everything we know about the Vaxxinity IPO, plus information on how to buy in.
Everything we know about the Entrada Therapeutics IPO, plus information on how to buy in.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.