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NYSE:LHX

L3Harris Technologies (LHX) Stock Price, News & Analysis

$229.41
-13.86 (-5.70%)
(As of 07/26/2024 ET)
Today's Range
$227.11
$240.27
50-Day Range
$215.24
$243.12
52-Week Range
$160.25
$245.60
Volume
2.22 million shs
Average Volume
995,252 shs
Market Capitalization
$43.51 billion
P/E Ratio
37.24
Dividend Yield
2.02%
Price Target
$232.93

L3Harris Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
1.5% Upside
$232.93 Price Target
Short Interest
Healthy
0.83% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.67
Upright™ Environmental Score
News Sentiment
0.40mentions of L3Harris Technologies in the last 14 days
Based on 29 Articles This Week
Insider Trading
Selling Shares
$24.71 M Sold Last Quarter
Proj. Earnings Growth
9.93%
From $12.99 to $14.28 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.

4.14 out of 5 stars

Aerospace Sector

9th out of 42 stocks

Search & Navigation Equipment Industry

2nd out of 11 stocks

LHX stock logo

About L3Harris Technologies Stock (NYSE:LHX)

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.

LHX Stock Price History

LHX Stock News Headlines

My grim warning about AI stocks
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
L3Harris raises 2024 outlook amid global tensions
Musk’s new company could top a trillion?
The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just released the details on what he’s calling Elon’s Project X-9840.
L3Harris Technologies, Inc. Q2 Profit Increases, Beats Estimates
See More Headlines
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Company Calendar

Ex-Dividend for 6/18 Dividend
6/04/2024
Dividend Payable
6/18/2024
Last Earnings
7/25/2024
Today
7/26/2024
Ex-Dividend for 9/20 Dividend
9/06/2024
Dividend Payable
9/20/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Search & navigation equipment
Sub-Industry
Electronic Equipment
Employees
50,000
Year Founded
1895

Price Target and Rating

Average Stock Price Target
$232.93
High Stock Price Target
$257.00
Low Stock Price Target
$164.00
Potential Upside/Downside
+1.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
14 Analysts

Profitability

Net Income
$1.23 billion
Pretax Margin
5.65%

Debt

Sales & Book Value

Annual Sales
$19.42 billion
Cash Flow
$19.88 per share
Book Value
$99.34 per share

Miscellaneous

Free Float
188,125,000
Market Cap
$43.51 billion
Optionable
Optionable
Beta
0.72

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LHX Stock Analysis - Frequently Asked Questions

How have LHX shares performed this year?

L3Harris Technologies' stock was trading at $210.62 at the start of the year. Since then, LHX stock has increased by 8.9% and is now trading at $229.41.
View the best growth stocks for 2024 here
.

How were L3Harris Technologies' earnings last quarter?

L3Harris Technologies, Inc. (NYSE:LHX) released its quarterly earnings data on Thursday, July, 25th. The company reported $3.24 EPS for the quarter, beating the consensus estimate of $3.18 by $0.06. The firm's quarterly revenue was up 12.9% on a year-over-year basis.

What is Bill Brown's approval rating as L3Harris Technologies' CEO?

291 employees have rated L3Harris Technologies Chief Executive Officer Bill Brown on Glassdoor.com. Bill Brown has an approval rating of 60% among the company's employees. This puts Bill Brown in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Does L3Harris Technologies have any subsidiaries?

The following companies are subsidiaries of L3Harris Technologies: L-3 Communications, Exelis, Core180 Inc., Carefx, Harris CapRock Communications, SignaCert, Patriot Technologies, and others.

Who are L3Harris Technologies' major shareholders?

Top institutional investors of L3Harris Technologies include Bank of New York Mellon Corp (1.67%), Allspring Global Investments Holdings LLC (1.06%), Raymond James & Associates (0.50%) and Manning & Napier Advisors LLC (0.50%). Insiders that own company stock include Christopher E Kubasik, Scott T Mikuen, Edward J Zoiss, Dana A Mehnert, Sean J Stackley, James P Girard, William H Swanson, William M Brown and Todd W Gautier.
View institutional ownership trends
.

How do I buy shares of L3Harris Technologies?

Shares of LHX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of L3Harris Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that L3Harris Technologies investors own include NVIDIA (NVDA), Walt Disney (DIS), Visa (V), Home Depot (HD), AbbVie (ABBV), Walmart (WMT) and Johnson & Johnson (JNJ).

This page (NYSE:LHX) was last updated on 7/27/2024 by MarketBeat.com Staff

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