L3harris Technologies Stock Analysis

LHX Stock  USD 246.25  0.92  0.38%   
L3Harris Technologies is overvalued with Real Value of 234.6 and Target Price of 223.9. The main objective of L3Harris Technologies stock analysis is to determine its intrinsic value, which is an estimate of what L3Harris Technologies is worth, separate from its market price. There are two main types of L3Harris Technologies' stock analysis: fundamental analysis and technical analysis.
The L3Harris Technologies stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. L3Harris Technologies is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. L3Harris Stock trading window is adjusted to America/New York timezone.
  
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For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.

L3Harris Stock Analysis Notes

About 86.0% of the company shares are owned by institutional investors. The book value of L3Harris Technologies was now reported as 100.23. The company has Price/Earnings To Growth (PEG) ratio of 0.94. L3Harris Technologies recorded earning per share (EPS) of 6.33. The entity last dividend was issued on the 18th of November 2024. The firm had 10000:9448 split on the 11th of May 2009. L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida. L3Harris Technologies operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 47000 people. To find out more about L3Harris Technologies contact Christopher CPA at 321 727 9100 or learn more at https://www.l3harris.com.

L3Harris Technologies Investment Alerts

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
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L3Harris Technologies Upcoming and Recent Events

Earnings reports are used by L3Harris Technologies to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
25th of April 2024
Upcoming Quarterly Report
View
24th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

L3Harris Largest EPS Surprises

Earnings surprises can significantly impact L3Harris Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2000-01-26
1999-12-310.080.090.0112 
2003-10-21
2003-09-300.180.20.0211 
2000-07-26
2000-06-300.160.180.0212 
View All Earnings Estimates

L3Harris Technologies Environmental, Social, and Governance (ESG) Scores

L3Harris Technologies' ESG score is a quantitative measure that evaluates L3Harris Technologies' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of L3Harris Technologies' operations that may have significant financial implications and affect L3Harris Technologies' stock price as well as guide investors towards more socially responsible investments.

L3Harris Stock Institutional Investors

Shares
Fmr Inc2024-09-30
M
Allspring Global Investments Holdings, Llc2024-06-30
M
Hhg Plc2024-06-30
M
Ameriprise Financial Inc2024-06-30
1.8 M
Bank Of America Corp2024-06-30
1.7 M
Massachusetts Financial Services Company2024-09-30
1.5 M
Amvescap Plc.2024-06-30
1.5 M
Northern Trust Corp2024-09-30
1.5 M
Diamond Hill Capital Management Inc2024-09-30
1.5 M
Vanguard Group Inc2024-09-30
22.9 M
Blackrock Inc2024-06-30
17.4 M
Note, although L3Harris Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

L3Harris Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 46.71 B.

L3Harris Profitablity

The company has Net Profit Margin of 0.06 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.1 %, which entails that for every 100 dollars of revenue, it generated $0.1 of operating income.
Last ReportedProjected for Next Year
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 

Management Efficiency

L3Harris Technologies has Return on Asset of 0.0355 % which means that on every $100 spent on assets, it made $0.0355 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0626 %, implying that it generated $0.0626 on every 100 dollars invested. L3Harris Technologies' management efficiency ratios could be used to measure how well L3Harris Technologies manages its routine affairs as well as how well it operates its assets and liabilities. At this time, L3Harris Technologies' Return On Tangible Assets are fairly stable compared to the past year. Return On Capital Employed is likely to rise to 0.09 in 2024, whereas Return On Assets are likely to drop 0.04 in 2024. At this time, L3Harris Technologies' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 35.3 B in 2024, despite the fact that Net Tangible Assets are likely to grow to (4.8 B).
Last ReportedProjected for Next Year
Book Value Per Share 95.97  100.77 
Tangible Book Value Per Share(27.37)(26.00)
Enterprise Value Over EBITDA 14.16  10.03 
Price Book Value Ratio 2.23  1.84 
Enterprise Value Multiple 14.16  10.03 
Price Fair Value 2.23  1.84 
Enterprise Value2.4 B2.2 B
Examining the leadership quality of L3Harris Technologies offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Dividend Yield
0.0188
Operating Margin
0.0985
Profit Margin
0.0571
Forward Dividend Yield
0.0188
Beta
0.726

Technical Drivers

As of the 1st of December, L3Harris Technologies secures the Semi Deviation of 1.28, downside deviation of 1.44, and Mean Deviation of 0.9736. In relation to fundamental indicators, the technical analysis model lets you check potential technical drivers of L3Harris Technologies, as well as the relationship between them.

L3Harris Technologies Price Movement Analysis

Execute Study
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. L3Harris Technologies middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for L3Harris Technologies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

L3Harris Technologies Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific L3Harris Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on L3Harris Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases L3Harris Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Christoph Feddersen over two months ago
Disposition of 2362 shares by Christoph Feddersen of L3Harris Technologies subject to Rule 16b-3
 
Christoph Feddersen over two months ago
Disposition of 2362 shares by Christoph Feddersen of L3Harris Technologies subject to Rule 16b-3
 
Christoph Feddersen over two months ago
Disposition of 2362 shares by Christoph Feddersen of L3Harris Technologies subject to Rule 16b-3
 
Christoph Feddersen over three months ago
Disposition of 2362 shares by Christoph Feddersen of L3Harris Technologies subject to Rule 16b-3
 
Christoph Feddersen over three months ago
Disposition of 2362 shares by Christoph Feddersen of L3Harris Technologies subject to Rule 16b-3
 
Christoph Feddersen over three months ago
Disposition of 2362 shares by Christoph Feddersen of L3Harris Technologies subject to Rule 16b-3
 
Christoph Feddersen over three months ago
Disposition of 2362 shares by Christoph Feddersen of L3Harris Technologies subject to Rule 16b-3
 
Christoph Feddersen over three months ago
Disposition of 2362 shares by Christoph Feddersen of L3Harris Technologies subject to Rule 16b-3
 
Christoph Feddersen over three months ago
Disposition of 2362 shares by Christoph Feddersen of L3Harris Technologies subject to Rule 16b-3
 
Christoph Feddersen over three months ago
Disposition of 2362 shares by Christoph Feddersen of L3Harris Technologies subject to Rule 16b-3
 
Feddersen Christoph Theodor over three months ago
Disposition of 2362 shares by Feddersen Christoph Theodor of L3Harris Technologies subject to Rule 16b-3
 
Christoph Feddersen over three months ago
Disposition of tradable shares by Christoph Feddersen of L3Harris Technologies subject to Rule 16b-3

L3Harris Technologies Outstanding Bonds

L3Harris Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. L3Harris Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most L3Harris bonds can be classified according to their maturity, which is the date when L3Harris Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

L3Harris Technologies Predictive Daily Indicators

L3Harris Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of L3Harris Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

L3Harris Technologies Corporate Filings

8K
27th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
13th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
12th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
F4
8th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
4th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
25th of October 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
24th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

L3Harris Technologies Forecast Models

L3Harris Technologies' time-series forecasting models are one of many L3Harris Technologies' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary L3Harris Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About L3Harris Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how L3Harris Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling L3Harris shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as L3Harris Technologies. By using and applying L3Harris Stock analysis, traders can create a robust methodology for identifying L3Harris entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.13  0.07 
Operating Profit Margin 0.14  0.08 
Net Profit Margin 0.10  0.11 
Gross Profit Margin 0.30  0.36 

Current L3Harris Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. L3Harris analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. L3Harris analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
223.9Strong Buy24Odds
L3Harris Technologies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most L3Harris analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand L3Harris stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of L3Harris Technologies, talking to its executives and customers, or listening to L3Harris conference calls.
L3Harris Analyst Advice Details

L3Harris Stock Analysis Indicators

L3Harris Technologies stock analysis indicators help investors evaluate how L3Harris Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading L3Harris Technologies shares will generate the highest return on investment. By understating and applying L3Harris Technologies stock analysis, traders can identify L3Harris Technologies position entry and exit signals to maximize returns.
Begin Period Cash Flow880 M
Long Term Debt11.2 B
Common Stock Shares Outstanding190.6 M
Total Stockholder Equity18.8 B
Tax Provision23 M
Quarterly Earnings Growth Y O Y0.04
Property Plant And Equipment Net3.6 B
Cash And Short Term Investments560 M
Cash560 M
Accounts Payable2.1 B
Net Debt13.4 B
50 Day M A245.9844
Total Current LiabilitiesB
Other Operating Expenses18 B
Non Current Assets Total33.6 B
Forward Price Earnings17.1821
Non Currrent Assets Other1.4 B
Stock Based Compensation320 M

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.