L3Harris Technologies Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $168.04
- Today's High:
- $169.75
- Open Price:
- $168.5
- 52W Low:
- $167.14
- 52W High:
- $249.1775
- Prev. Close:
- $168.88
- Volume:
- 929912
Company Statistics
- Market Cap.:
- $33.53 billion
- Book Value:
- 97.459
- Revenue TTM:
- $17.99 billion
- Operating Margin TTM:
- 9.9%
- Gross Profit TTM:
- $4.93 billion
- Profit Margin:
- 4.46%
- Return on Assets TTM:
- 3.2%
- Return on Equity TTM:
- 4.27%
Company Profile
L3Harris Technologies Inc had its IPO on 1981-12-31 under the ticker symbol LHX.
The company operates in the Industrials sector and Aerospace & Defense industry. L3Harris Technologies Inc has a staff strength of 46,000 employees.
Stock update
Shares of L3Harris Technologies Inc opened at $168.5 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $168.04 - $169.75, and closed at $169.1.
This is a +0.13% increase from the previous day's closing price.
A total volume of 929,912 shares were traded at the close of the day’s session.
In the last one week, shares of L3Harris Technologies Inc have slipped by -4.6%.
L3Harris Technologies Inc's Key Ratios
L3Harris Technologies Inc has a market cap of $33.53 billion, indicating a price to book ratio of 2.238 and a price to sales ratio of 2.4662.
In the last 12-months L3Harris Technologies Inc’s revenue was $17.99 billion with a gross profit of $4.93 billion and an EBITDA of $2.76 billion. The EBITDA ratio measures L3Harris Technologies Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, L3Harris Technologies Inc’s operating margin was 9.9% while its return on assets stood at 3.2% with a return of equity of 4.27%.
In Q2, L3Harris Technologies Inc’s quarterly earnings growth was a negative -24.4% while revenue growth was a positive 13.5%.
L3Harris Technologies Inc’s PE and PEG Ratio
- Forward PE
- 16.2602
- Trailing PE
- 41.8066
- PEG
- 1.1659
Its diluted EPS in the last 12-months stands at $4.24 per share while it has a forward price to earnings multiple of 16.2602 and a PEG multiple of 1.1659. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into L3Harris Technologies Inc’s profitability.
L3Harris Technologies Inc stock is trading at a EV to sales ratio of 2.8683 and a EV to EBITDA ratio of 19.0026. Its price to sales ratio in the trailing 12-months stood at 2.4662.
L3Harris Technologies Inc stock pays annual dividends of $4.52 per share, indicating a yield of 2.57% and a payout ratio of 36.73%.
Balance sheet and cash flow metrics
- Total Assets
- $35.36 billion
- Total Liabilities
- $6.31 billion
- Operating Cash Flow
- $-2074000000.00
- Capital Expenditure
- $93 million
- Dividend Payout Ratio
- 36.73%
L3Harris Technologies Inc ended 2024 with $35.36 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $35.36 billion while shareholder equity stood at $18.43 billion.
L3Harris Technologies Inc ended 2024 with $0 in deferred long-term liabilities, $6.31 billion in other current liabilities, 189000000.00 in common stock, $3.11 billion in retained earnings and $18.42 billion in goodwill. Its cash balance stood at $366.00 million and cash and short-term investments were $366.00 million. The company’s total short-term debt was $943,000,000 while long-term debt stood at $7.87 billion.
L3Harris Technologies Inc’s total current assets stands at $6.85 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $4.60 billion compared to accounts payable of $2.03 billion and inventory worth $1.56 billion.
In 2024, L3Harris Technologies Inc's operating cash flow was $-2074000000.00 while its capital expenditure stood at $93 million.
Comparatively, L3Harris Technologies Inc paid $0.37 in dividends in 2024.
Other key metrics
- Current Trading Price
- $169.1
- 52-Week High
- $249.1775
- 52-Week Low
- $167.14
- Analyst Target Price
- $234.47
L3Harris Technologies Inc stock is currently trading at $169.1 per share. It touched a 52-week high of $249.1775 and a 52-week low of $249.1775. Analysts tracking the stock have a 12-month average target price of $234.47.
Its 50-day moving average was $185.6 and 200-day moving average was $194.98 The short ratio stood at 1.32 indicating a short percent outstanding of 0%.
Around 54.2% of the company’s stock are held by insiders while 8392.8% are held by institutions.
Frequently Asked Questions About L3Harris Technologies Inc
Similar Industry Stocks (Aerospace & Defense)
Most Active
Top Gainers
Top Losers
About
L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company’s Integrated Mission Systems segment provides multi-mission intelligence, surveillance, and reconnaissance (ISR) systems; and communication systems, as well as fleet management support, sensor development, modification, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates mission systems for maritime platforms, such as signals intelligence and multi-intelligence platforms; unmanned surface and undersea autonomous solutions; and power and platform control systems and other electronic and electrical products and systems. In addition, this segment offers advanced electro-optical and infrared solutions. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber defense solutions; mission avionics; and electronic warfare systems. The company’s Communication Systems segment provides broadband communications; tactical radios, software-defined radios for key DoD network modernization programs and satellite communication terminals, and battlefield management networks for U.S. and international defense customers; integrated vision solutions, including helmet-mounted integrated night vision goggles; heads up displays along with Clip-on Weapon Sights, and weapon-mounted aiming lasers and range finders; and public safety radios, and system applications and equipment. 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 headquartered in Melbourne, Florida.