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

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$204.30 +0.96 (+0.47 %)
(As of 07/16/2018 10:43 AM ET)
Previous Close$203.68
Today's Range$202.40 - $205.26
52-Week Range$168.68 - $218.71
Volume2,729 shs
Average Volume531,630 shs
Market Capitalization$15.96 billion
P/E Ratio24.17
Dividend Yield1.57%
Beta1.23
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

Stock Exchange NYSE
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 Ratio24.17
Forward P/E Ratio21.24
P/E Growth2.45

Sales & Book Value

Annual Sales$9.57 billion
Price / Sales1.67
Cash Flow$12.3968 per share
Price / Cash16.48
Book Value$65.92 per share
Price / Book3.10

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
Market Cap$15,957.92

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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 declared a quarterly dividend on Tuesday, July 10th. Investors of record on Friday, August 17th will be paid a dividend of $0.80 per share on Monday, September 17th. This represents a $3.20 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date is Thursday, August 16th. View L3 Technologies' Dividend History.

How will L3 Technologies' stock buyback program work?

L3 Technologies declared that its Board of Directors has initiated a stock buyback plan on Sunday, June 4th 2017, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 11.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's leadership believes its stock is undervalued.

How were L3 Technologies' earnings last quarter?

L3 Technologies Inc (NYSE:LLL) announced its earnings results on Tuesday, May, 1st. The aerospace company reported $2.34 EPS for the quarter, beating analysts' consensus estimates of $2.01 by $0.33. The aerospace company earned $2.37 billion during the quarter, compared to the consensus estimate of $2.32 billion. L3 Technologies had a net margin of 6.94% and a return on equity of 13.74%. The firm's revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.07 earnings per share. 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 updated 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 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 1-year price targets for L3 Technologies' stock. Their forecasts range from $204.00 to $274.00. On average, they anticipate L3 Technologies' share price to reach $227.40 in the next year. This suggests a possible upside of 11.3% from the stock's current price. View Analyst Ratings for L3 Technologies.

What is the consensus analysts' recommendation for L3 Technologies?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for L3 Technologies in the last year. There are currently 2 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."

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 enjoys a leading position in defense electronics, communications and ISR markets. Apart from generating substantial organic revenue growth, thanks to its varied product range, L3 Technologies also gains from inorganic growth. It also follows a disciplined divestment strategy to efficiently focus on its core operations. 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. he company faces interest rate risk owing to variable rate debt and to new debt financing needed to fund capital requirements, including innovation of new products, acquisition as well as expansion of operations. Further, it underperformed its industry in the last one year." (7/15/2018)
  • 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. Christopher E. Kubasik CPA, Chairman, CEO & Pres (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 R. Von Schwarz, Sr. VP & Pres of Aerospace Systems Segment (Age 58)
  • Mr. Dan Azmon, VP, Corp. Controller & Principal Accounting Officer (Age 54)

Has L3 Technologies been receiving favorable news coverage?

News stories about LLL stock have trended somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. L3 Technologies earned a media sentiment score of 0.09 on Accern's scale. They also gave headlines about the aerospace company an impact score of 45.96 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Who are L3 Technologies' major shareholders?

L3 Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.12%), State of Alaska Department of Revenue (0.09%), Catawba Capital Management VA (0.02%), Xact Kapitalforvaltning AB (0.01%), First Citizens Bank & Trust Co. (0.01%) and Gateway Investment Advisers LLC (0.00%). 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 Bank of Montreal Can, NN Investment Partners Holdings N.V., CENTRAL TRUST Co, Raymond James Trust N.A., Catawba Capital Management VA and Gateway Investment Advisers LLC. 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 bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, First Citizens Bank & Trust Co., Xact Kapitalforvaltning AB, IFM Investors Pty Ltd and Hudson Capital Management LLC. 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 $204.30.

How big of a company is L3 Technologies?

L3 Technologies has a market capitalization of $15.96 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 (NYSE LLL)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  332 (Vote Outperform)
Underperform Votes:  534 (Vote Underperform)
Total Votes:  866
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 7/16/2018 by MarketBeat.com Staff

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