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

Sign in or create an account to add this stock to your watchlist.
$194.14 +1.24 (+0.64 %)
(As of 06/25/2018 06:00 AM ET)
Previous Close$194.14
Today's Range$192.8212 - $195.0850
52-Week Range$164.34 - $218.71
Volume736,475 shs
Average Volume552,534 shs
Market Capitalization$15.24 billion
P/E Ratio21.91
Dividend Yield1.65%
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.

Receive LLL News and Ratings via Email

Sign-up to receive the latest news and ratings for LLL and its competitors with MarketBeat's FREE daily newsletter.

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 Ratio21.91
Forward P/E Ratio20.08
P/E Growth2.33

Sales & Book Value

Annual Sales$9.57 billion
Price / Sales1.59
Cash Flow$12.3342 per share
Price / Cash15.74
Book Value$65.92 per share
Price / Book2.95

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

The Truth About Cryptocurrencies

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. Shareholders of record on Friday, May 18th will be paid a dividend of $0.80 per share on Friday, June 15th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date of this dividend is Thursday, May 17th. View L3 Technologies' Dividend History.

How will L3 Technologies' stock buyback program work?

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

How were L3 Technologies' earnings last quarter?

L3 Technologies Inc (NYSE:LLL) announced its quarterly earnings results on Tuesday, May, 1st. The aerospace company reported $2.34 earnings per share for the quarter, topping the consensus estimate 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 for the quarter was up 2.2% compared to the same quarter last year. During the same quarter last year, the business posted $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 updated its FY18 earnings guidance on Tuesday, May, 1st. The company provided earnings per share (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 Wall Street analysts have issued twelve-month price targets for L3 Technologies' shares. Their forecasts range from $185.00 to $274.00. On average, they expect L3 Technologies' share price to reach $223.90 in the next year. 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?

Media headlines about LLL stock have trended somewhat positive on Monday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. L3 Technologies earned a news impact score of 0.16 on Accern's scale. They also assigned news articles about the aerospace company an impact score of 45.40 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are L3 Technologies' major shareholders?

L3 Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors 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 major 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 major investors are buying L3 Technologies stock?

LLL stock was bought 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 $194.14.

How big of a company is L3 Technologies?

L3 Technologies has a market capitalization of $15.24 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:  313 (Vote Outperform)
Underperform Votes:  523 (Vote Underperform)
Total Votes:  836
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 6/25/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.