L3harris Technologies Stock Performance
| LHX Stock | USD 246.25 0.92 0.38% |
L3Harris Technologies has a performance score of 5 on a scale of 0 to 100. The firm secures a Beta (Market Risk) of 0.59, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, L3Harris Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding L3Harris Technologies is expected to be smaller as well. L3Harris Technologies at this moment secures a risk of 1.36%. Please verify L3Harris Technologies treynor ratio, as well as the relationship between the expected short fall and day median price , to decide if L3Harris Technologies will be following its current price movements.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in L3Harris Technologies are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong technical indicators, L3Harris Technologies is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return 0.38 | Five Day Return (0.63) | Year To Date Return 17.38 | Ten Year Return 243.35 | All Time Return 7 K |
Forward Dividend Yield 0.0188 | Payout Ratio 0.3572 | Forward Dividend Rate 4.64 | Dividend Date 2024-12-06 | Ex Dividend Date 2024-11-18 |
1 | Disposition of 2362 shares by Christoph Feddersen of L3Harris Technologies subject to Rule 16b-3 | 09/06/2024 |
| L3Harris Technologies dividend paid on 20th of September 2024 | 09/20/2024 |
2 | Disposition of 2150 shares by Ross Niebergall of L3Harris Technologies at 119.66 subject to Rule 16b-3 | 11/08/2024 |
3 | Es falso que Harris slo haya ganado en estados que no requieren identificacin Hechos | 11/14/2024 |
4 | Weak turnout in key cities hurt Harris in the blue wall states | 11/19/2024 |
5 | Trumps biggest gains among Jews were with religious voters as secular Jews still backed Harris report | 11/22/2024 |
6 | You cant explain your way out of this CNN panelists slam Harris campaigns excuses for loss | 11/27/2024 |
| Begin Period Cash Flow | 880 M |
L3Harris |
L3Harris Technologies Relative Risk vs. Return Landscape
If you would invest 23,301 in L3Harris Technologies on September 2, 2024 and sell it today you would earn a total of 1,324 from holding L3Harris Technologies or generate 5.68% return on investment over 90 days. L3Harris Technologies is generating 0.0955% of daily returns assuming volatility of 1.3588% on return distribution over 90 days investment horizon. In other words, 12% of stocks are less volatile than L3Harris, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
L3Harris Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for L3Harris Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as L3Harris Technologies, and traders can use it to determine the average amount a L3Harris Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0703
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | LHX | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average L3Harris Technologies is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of L3Harris Technologies by adding it to a well-diversified portfolio.
L3Harris Technologies Fundamentals Growth
L3Harris Stock prices reflect investors' perceptions of the future prospects and financial health of L3Harris Technologies, and L3Harris Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on L3Harris Stock performance.
| Return On Equity | 0.0626 | ||||
| Return On Asset | 0.0355 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 59.08 B | ||||
| Shares Outstanding | 189.67 M | ||||
| Price To Earning | 39.56 X | ||||
| Price To Book | 2.46 X | ||||
| Price To Sales | 2.21 X | ||||
| Revenue | 19.42 B | ||||
| Gross Profit | 4.93 B | ||||
| EBITDA | 2.93 B | ||||
| Net Income | 1.23 B | ||||
| Cash And Equivalents | 941 M | ||||
| Cash Per Share | 2.78 X | ||||
| Total Debt | 13.95 B | ||||
| Debt To Equity | 0.42 % | ||||
| Current Ratio | 1.10 X | ||||
| Book Value Per Share | 100.23 X | ||||
| Cash Flow From Operations | 2.1 B | ||||
| Earnings Per Share | 6.33 X | ||||
| Market Capitalization | 46.71 B | ||||
| Total Asset | 41.69 B | ||||
| Retained Earnings | 3.22 B | ||||
| Working Capital | 51 M | ||||
| Current Asset | 2.33 B | ||||
| Current Liabilities | 1.46 B | ||||
About L3Harris Technologies Performance
Evaluating L3Harris Technologies' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if L3Harris Technologies has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if L3Harris Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 28.82 | 27.38 | |
| Return On Tangible Assets | 0.19 | 0.20 | |
| Return On Capital Employed | 0.09 | 0.09 | |
| Return On Assets | 0.05 | 0.04 | |
| Return On Equity | 0.10 | 0.09 |
Things to note about L3Harris Technologies performance evaluation
Checking the ongoing alerts about L3Harris Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for L3Harris Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| L3Harris Technologies has a strong financial position based on the latest SEC filings | |
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from salon.com: You cant explain your way out of this CNN panelists slam Harris campaigns excuses for loss |
- Analyzing L3Harris Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether L3Harris Technologies' stock is overvalued or undervalued compared to its peers.
- Examining L3Harris Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating L3Harris Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of L3Harris Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of L3Harris Technologies' stock. These opinions can provide insight into L3Harris Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for L3Harris Stock Analysis
When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.