LHX vs. TDY, NOC, HEI, TXT, LDOS, HII, TDG, GD, BA, and LMT
Should you be buying L3Harris Technologies stock or one of its competitors? The main competitors of L3Harris Technologies include Teledyne Technologies (TDY), Northrop Grumman (NOC), HEICO (HEI), Textron (TXT), Leidos (LDOS), Huntington Ingalls Industries (HII), TransDigm Group (TDG), General Dynamics (GD), Boeing (BA), and Lockheed Martin (LMT). These companies are all part of the "aerospace" sector.
L3Harris Technologies (NYSE:LHX) and Teledyne Technologies (NYSE:TDY) are both large-cap aerospace companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, earnings, profitability, community ranking, dividends, risk, institutional ownership, media sentiment and analyst recommendations.
Teledyne Technologies received 231 more outperform votes than L3Harris Technologies when rated by MarketBeat users. Likewise, 66.55% of users gave Teledyne Technologies an outperform vote while only 62.23% of users gave L3Harris Technologies an outperform vote.
In the previous week, Teledyne Technologies had 4 more articles in the media than L3Harris Technologies. MarketBeat recorded 25 mentions for Teledyne Technologies and 21 mentions for L3Harris Technologies. Teledyne Technologies' average media sentiment score of 0.77 beat L3Harris Technologies' score of 0.56 indicating that Teledyne Technologies is being referred to more favorably in the news media.
L3Harris Technologies has a beta of 0.65, suggesting that its share price is 35% less volatile than the S&P 500. Comparatively, Teledyne Technologies has a beta of 1.02, suggesting that its share price is 2% more volatile than the S&P 500.
84.8% of L3Harris Technologies shares are held by institutional investors. Comparatively, 91.6% of Teledyne Technologies shares are held by institutional investors. 0.9% of L3Harris Technologies shares are held by insiders. Comparatively, 1.9% of Teledyne Technologies shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
L3Harris Technologies currently has a consensus price target of $229.60, suggesting a potential upside of 10.54%. Teledyne Technologies has a consensus price target of $515.67, suggesting a potential upside of 42.25%. Given Teledyne Technologies' stronger consensus rating and higher possible upside, analysts plainly believe Teledyne Technologies is more favorable than L3Harris Technologies.
Teledyne Technologies has a net margin of 15.72% compared to L3Harris Technologies' net margin of 6.32%. L3Harris Technologies' return on equity of 12.68% beat Teledyne Technologies' return on equity.
L3Harris Technologies has higher revenue and earnings than Teledyne Technologies. Teledyne Technologies is trading at a lower price-to-earnings ratio than L3Harris Technologies, indicating that it is currently the more affordable of the two stocks.
Summary
Teledyne Technologies beats L3Harris Technologies on 13 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding LHX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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