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NVDA   881.86 (-2.68%)
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NIO   4.11 (-7.85%)
BABA   71.29 (-4.76%)
T   16.31 (-0.67%)
F   12.61 (-3.30%)
MU   122.52 (-3.91%)
GE   154.63 (-1.76%)
CGC   7.80 (-4.29%)
DIS   114.01 (-2.68%)
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NYSE:HRS

Harris (HRS) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$201.96
$205.79
50-Day Range
$178.15
$207.60
52-Week Range
$123.24
$200.77
Volume
979,455 shs
Average Volume
1.29 million shs
Market Capitalization
$23.91 billion
P/E Ratio
31.14
Dividend Yield
1.35%
Price Target
N/A

Harris MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.16
Upright™ Environmental Score
News Sentiment
0.00mentions of Harris in the last 14 days
Based on 35 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.43%
From $8.15 to $9.00 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.80 out of 5 stars

Computer And Technology Sector

1657th out of 1,797 stocks

Search & Navigation Equipment Industry

25th out of 33 stocks

HRS stock logo

About Harris Stock (NYSE:HRS)

Harris Corporation provides technology-based solutions that solve government and commercial customers' mission-critical challenges in the United States and internationally. The company operates in three segments: Communication Systems, Electronic Systems, and Space and Intelligence Systems. It designs, develops, and manufactures radio communications products and systems, including single channel ground and airborne radio systems, multiband manpack and handheld radios, multi-channel manpack and airborne radios, and single-channel airborne radios, as well as wideband rifleman team, ground, and high frequency manpack radios. The company also offers vision-enhancing products; wireless communications systems; and Internet protocol based voice and data communications systems, as well as single-band land mobile radio terminals and multiband radios comprising a handheld radio and a full-spectrum mobile radio for vehicles. In addition, it provides electronic warfare, avionics, command, control, communications, computers, intelligence, surveillance, and reconnaissance solutions for defense and classified customers; and mission-critical communication systems for civil and military aviation and other customers. Further, the company offers intelligence, space protection, geospatial, earth observation, exploration, positioning, navigation and timing, and environmental solutions using advanced sensors, antennas, and payloads, as well as ground processing and information analytics for national security, defense, civil and commercial customers. Harris Corporation was founded in 1895 and is headquartered in Melbourne, Florida.

HRS Stock News Headlines

Environmentalists protest as Biden administration approves huge oil export terminal off Texas coast
The Biden administration has approved construction of a deepwater oil export terminal off the Texas coast that would be the largest of its kind in the United States
Third channel to open at Baltimore port as recovery from bridge collapse continues
A Maryland senator says a third channel will open this month at Baltimore’s port after the Francis Scott Key Bridge collapse two weeks ago
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The Small Business Administration offers assistance for small biz hurt by Maryland bridge collapse
The Small Business Administration is offering assistance to those affected by the bridge collapse in Maryland
Jay-Z’s Made In America festival canceled for the second year in a row
Jay-Z ’s annual Made in America festival, held in Philadelphia over Labor Day weekend, has been canceled for a second year in a row
Company helping immigrants in detention ordered to pay $811M+ in lawsuit alleging deceptive tactics
A company that provides services for immigrants in federal detention has been ordered to pay more than $811 million in restitution and penalties in a lawsuit alleging it used deceptive and abusive tactics
VP Harris says US agencies must show their AI tools aren't harming people's safety or rights
U.S. federal agencies must show that their artificial intelligence tools aren’t harming the public, or stop using them, under new rules unveiled by the White House
TikTok bill faces uncertain fate in the Senate as legislation to regulate tech industry has stalled
TikTok’s extensive lobbying campaign is the latest tech industry push since the House passed legislation that would ban the popular app if its China-based owner doesn’t sell its stake
My biggest AI fear
These 10 stocks have the power to make you a millionaire as early as 2026… And all you need is $10K. Investing in each of the stocks in The AI Millionaire Blueprint could make a 9,900% return in as little as the next three years.
Tired of inflated ticket prices, Yungblud is launching his own affordable music festival
Yungblud is hoping to shake up the world of overpriced music festivals by setting a good example
Historic covered bridges are under threat by truck drivers relying on GPS meant for cars
One of Vermont’s historic covered bridges is under threat from modern technology
Biden heads to the Michigan county emerging as the swing state's top bellwether
President Joe Biden will travel to Michigan's premier bellwether county of Saginaw as he looks to shore up support in the key battleground state ahead of November
See More Headlines
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Company Calendar

Last Earnings
10/14/2018
Today
4/12/2024

Industry, Sector and Symbol

Industry
Search & Navigation Equipment
Sub-Industry
Communications Equipment
CUSIP
41387510
Fax
N/A
Employees
17,500
Year Founded
N/A

Profitability

Net Income
$718 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$6.18 billion
Cash Flow
$9.44 per share
Book Value
$27.98 per share

Miscellaneous

Free Float
N/A
Market Cap
$23.91 billion
Optionable
Not Optionable
Beta
0.98
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Key Executives

  • Mr. William M. Brown (Age 56)
    Chairman, Pres & CEO
  • Mr. Rahul Ghai (Age 47)
    Sr. VP & CFO
  • Mr. Sheldon J. Fox (Age 60)
    Sr. VP of Operations & Information Technology
  • Mr. Scott T. Mikuen (Age 57)
    Sr. VP, Gen. Counsel & Sec.
  • Mr. Dana A. Mehnert (Age 57)
    Pres of Communication Systems

Should I Buy Harris Stock? HRS Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Harris Co.:

  • Harris Co. has shown resilience despite recent negative incidents, indicating potential for recovery and growth.
  • The current stock price of Harris Co. is undervalued compared to its industry peers, presenting a buying opportunity for investors.
  • Recent developments in Harris Co.'s product line have received positive reviews, suggesting strong consumer demand and potential revenue growth.
  • Harris Co. has a strong presence in the market with a loyal customer base, providing stability and potential for long-term profitability.
  • The company's financial reports indicate a healthy balance sheet and consistent revenue growth, reassuring investors about its financial stability.

Cons

Investors should be bearish about investing in Harris Co. for these reasons:

  • Recent negative incidents involving violence in Harris County may lead to reputational damage and potential legal challenges for the company.
  • Uncertainty surrounding the safety and security of Harris Co.'s operations could impact investor confidence and lead to stock price volatility.
  • Competitive pressures in the industry may limit Harris Co.'s market share and profitability, posing a risk to investor returns.
  • Fluctuations in raw material prices could affect Harris Co.'s production costs and margins, impacting its overall financial performance.
  • Regulatory changes or legal issues related to recent incidents in Harris County could result in increased compliance costs and operational challenges for the company.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, April 1, 2024. Please send any questions or comments about these Harris pros and cons to contact@marketbeat.com.

HRS Stock Analysis - Frequently Asked Questions

How were Harris' earnings last quarter?

Harris Co. (NYSE:HRS) announced its quarterly earnings data on Sunday, October, 14th. The communications equipment provider reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.06. The communications equipment provider earned $1.54 billion during the quarter, compared to analyst estimates of $1.52 billion. Harris had a trailing twelve-month return on equity of 27.13% and a net margin of 13.60%. The firm's revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.38 EPS.

Is Harris a good dividend stock?

Harris (NYSE:HRS) pays an annual dividend of $2.74 per share and currently has a dividend yield of 1.45%. The dividend payout ratio is 42.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HRS will have a dividend payout ratio of 30.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HRS.

What other stocks do shareholders of Harris own?
This page (NYSE:HRS) was last updated on 4/12/2024 by MarketBeat.com Staff

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