NYSE:LLL - L3 Technologies Stock Price, Price Target & More

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$195.11 +1.48 (+0.76 %)
(As of 06/20/2018 04:00 PM ET)
Previous Close$194.28
Today's Range$193.42 - $196.04
52-Week Range$164.34 - $218.71
Volume13,182 shs
Average Volume603,670 shs
Market Capitalization$15.57 billion
P/E Ratio23.11
Dividend Yield1.61%
Beta1.21
L3 Technologies logoL3 Technologies, Inc. provides aerospace systems, communication, electronic, and sensor systems used on military, homeland security, and commercial platforms in the United States and internationally. It offers simulation and training, night vision and image intensification equipment, and security and detection systems; and components, products, subsystems, and systems, as well as related services to military and commercial customers in various business areas, such as total training solutions, power and propulsion systems, aviation products, precision engagement systems, and security and detection systems. The company also provides fleet management support services, procurement, systems integration, sensor development, modifications, and periodic depot maintenance services; modernization and life extension maintenance upgrade and support services; aircraft fabrication and assembly of fixed and rotary wing aero structures, as well as avionics hardware and software systems; and prime mission systems integration and sensor development services. In addition, it offers network and communication systems, secure communications products, radio frequency components, satellite communication terminals and space, microwave and telemetry products, and secure data links. Further, the company provides multi-domain intelligence, surveillance, and reconnaissance mission solutions in various business areas, including space and sensor, airborne sensor, warrior sensor, maritime sensor, and intelligence and mission systems, as well as in advanced programs. It serves the United States (U.S.) Department of Defense and its prime contractors, the U.S. Government intelligence agencies, the U.S. Department of Homeland Security, foreign governments, and commercial customers. The company was formerly known as L-3 Communications Holdings, Inc. and changed its name to L3 Technologies, Inc. in December 2016. L3 Technologies, Inc. was founded in 1997 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryAerospace & Defense
SectorAerospace
SymbolNYSE:LLL
CUSIP50242410
Phone212-697-1111

Debt

Debt-to-Equity Ratio0.63
Current Ratio1.92
Quick Ratio1.49

Price-To-Earnings

Trailing P/E Ratio23.11
Forward P/E Ratio20.18
P/E Growth2.38

Sales & Book Value

Annual Sales$9.57 billion
Price / Sales1.60
Cash Flow$12.1337 per share
Price / Cash16.08
Book Value$65.92 per share
Price / Book2.96

Profitability

EPS (Most Recent Fiscal Year)$8.47
Net Income$677 million
Net Margins6.94%
Return on Equity13.74%
Return on Assets5.60%

Miscellaneous

Employees31,000
Outstanding Shares78,480,000

L3 Technologies (NYSE:LLL) Frequently Asked Questions

What is L3 Technologies' stock symbol?

L3 Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "LLL."

How often does L3 Technologies pay dividends? What is the dividend yield for L3 Technologies?

L3 Technologies announced a quarterly dividend on Tuesday, May 8th. Investors of record on Friday, May 18th will be given a dividend of $0.80 per share on Friday, June 15th. This represents a $3.20 annualized dividend and a dividend yield of 1.64%. The ex-dividend date is Thursday, May 17th. View L3 Technologies' Dividend History.

How will L3 Technologies' stock buyback program work?

L3 Technologies declared that its Board of Directors has initiated a share repurchase program on Sunday, June 4th 2017, which allows the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 11.5% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

How were L3 Technologies' earnings last quarter?

L3 Technologies Inc (NYSE:LLL) issued its quarterly earnings results on Tuesday, May, 1st. The aerospace company reported $2.34 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $2.01 by $0.33. The aerospace company had revenue of $2.37 billion for the quarter, compared to analysts' expectations of $2.32 billion. L3 Technologies had a net margin of 6.94% and a return on equity of 13.74%. The company's quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the business earned $2.07 EPS. View L3 Technologies' Earnings History.

When is L3 Technologies' next earnings date?

L3 Technologies is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for L3 Technologies.

What guidance has L3 Technologies issued on next quarter's earnings?

L3 Technologies issued an update on its FY18 earnings guidance on Tuesday, May, 1st. The company provided EPS guidance of $9.40-9.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.54. The company issued revenue guidance of $9.85-10.05 billion, compared to the consensus revenue estimate of $9.99 billion.

What price target have analysts set for LLL?

11 brokerages have issued twelve-month price objectives for L3 Technologies' stock. Their forecasts range from $185.00 to $274.00. On average, they expect L3 Technologies' stock price to reach $223.90 in the next twelve months. View Analyst Ratings for L3 Technologies.

What are Wall Street analysts saying about L3 Technologies stock?

Here are some recent quotes from research analysts about L3 Technologies stock:
  • 1. According to Zacks Investment Research, "L3 Technologies kick started 2018 on a solid note, with both its first-quarter earnings and revenues having comfortably surpassed the respective Zacks Consensus Estimate. The company enjoys a leading position in defense electronics, communications and ISR markets. It also follows a disciplined divestment strategy to efficiently focus on its core operations. In connection to the recent deal to sale its Vertex Aerospace, Crestview Aerospace and TCS businesses, the company expects to record a net cash gain of $400 million. L3 Technologies’ strong balance sheet provides financial flexibility in matters of incremental dividends, ongoing share repurchases and earnings accretive acquisitions. However, high interest rate leads the company to bear high interest expenses which in turn may put weigh on its bottom line." (5/3/2018)
  • 2. Cowen Inc analysts commented, "LLL’s loss of its SOF GLSS bid is a modest disappointment given we’d assessed a 30%." (8/14/2017)

Who are some of L3 Technologies' key competitors?

Who are L3 Technologies' key executives?

L3 Technologies' management team includes the folowing people:
  • Mr. Michael T. Strianese, Exec. Chairman (Age 62)
  • Mr. Christopher Eugene Kubasik, CEO, Pres & Director (Age 57)
  • Mr. Ralph G. D'Ambrosio, Sr. VP & CFO (Age 50)
  • Ms. Ann D. Davidson, Sr. VP, Gen. Counsel & Corp. Sec. (Age 66)
  • Mr. Mark Von Schwarz, Sr. VP & Pres of Aerospace Systems Bus. Segment (Age 58)

Has L3 Technologies been receiving favorable news coverage?

News coverage about LLL stock has been trending somewhat positive on Wednesday, Accern reports. The research firm identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. L3 Technologies earned a coverage optimism score of 0.09 on Accern's scale. They also assigned press coverage about the aerospace company an impact score of 47.02 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are L3 Technologies' major shareholders?

L3 Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.59%), Boston Partners (2.06%), Summit Trail Advisors LLC (1.36%), JPMorgan Chase & Co. (1.18%), Dimensional Fund Advisors LP (1.18%) and Northern Trust Corp (1.12%). Company insiders that own L3 Technologies stock include Arthur L Simon, Claude R Canizares, Dan Azmon, John S Mega, Michael T Strianese, Ralph Dambrosio, Steven M Post and Thomas A Corcoran. View Institutional Ownership Trends for L3 Technologies.

Which institutional investors are selling L3 Technologies stock?

LLL stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Millennium Management LLC, Wells Fargo & Company MN, State of New Jersey Common Pension Fund D, Point72 Asset Management L.P., Northern Trust Corp, American Century Companies Inc. and Allianz Asset Management GmbH. Company insiders that have sold L3 Technologies company stock in the last year include Claude R Canizares, Dan Azmon, Michael T Strianese, Ralph Dambrosio and Thomas A Corcoran. View Insider Buying and Selling for L3 Technologies.

Which institutional investors are buying L3 Technologies stock?

LLL stock was acquired by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, PointState Capital LP, JPMorgan Chase & Co., BNP Paribas Arbitrage SA, BlackRock Inc., Hsbc Holdings PLC, Scout Investments Inc. and Legal & General Group Plc. View Insider Buying and Selling for L3 Technologies.

How do I buy shares of L3 Technologies?

Shares of LLL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is L3 Technologies' stock price today?

One share of LLL stock can currently be purchased for approximately $195.11.

How big of a company is L3 Technologies?

L3 Technologies has a market capitalization of $15.57 billion and generates $9.57 billion in revenue each year. The aerospace company earns $677 million in net income (profit) each year or $8.47 on an earnings per share basis. L3 Technologies employs 31,000 workers across the globe.

How can I contact L3 Technologies?

L3 Technologies' mailing address is 600 THIRD AVENUE 34TH FLOOR, NEW YORK NY, 10016. The aerospace company can be reached via phone at 212-697-1111.


MarketBeat Community Rating for L3 Technologies (LLL)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  308 (Vote Outperform)
Underperform Votes:  519 (Vote Underperform)
Total Votes:  827
MarketBeat's community ratings are surveys of what our community members think about L3 Technologies and other stocks. Vote "Outperform" if you believe LLL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LLL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/20/2018 by MarketBeat.com Staff

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