More about L3Harris Technologies, Inc.
Regulatory Filings for L3Harris Technologies, Inc.
Fundamentals for L3Harris Technologies, Inc.
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Fundamentals for L3Harris Technologies, Inc.
Business Operations:
Sector: IndustrialsIndustry: Aerospace & Defense
L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through three segments: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). The SMS segment integrates satellite and payload capabilities, including missile warning and defense, with maritime, air special missions, and other global defense and civil government programs. Its MSL segment unites propulsion, hypersonic, and other advanced missile technologies. The CSD segment provides tactical radios, software, waveforms, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; broadband communications; integrated vision solutions, such as helmet-mounted integrated night vision goggles with image intensifier tubes and weapon-mounted sights, 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.
Revenue projections:
LHX's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 24.317879 |
| debtToEquity | 34.574000 |
| earningsGrowth | -0.061000 |
| revenueGrowth | 1.900000 |
| grossMargins | 0.304140 |
| operatingMargins | 0.097270 |
| trailingEps | 8.520000 |
| forwardEps | 13.515160 |
LHX's Forward PE being in a good range indicates that the stock is valued appropriately based on its earnings. This suggests the stock is not overpriced and leaves room for growth, providing investors with an opportunity for potential appreciation in value.
L3Harris Technologies, Inc.'s forward EPS being higher than its trailing EPS suggests that the company is expected to generate stronger profits this year. This points to improving financial performance, with L3Harris Technologies, Inc. anticipated to deliver better earnings than it did in the prior year.
Price projections:
Price projections for LHX have gradually risen over time, signaling increased optimism about the company's future prospects. This steady upward revision reflects growing confidence in LHX's market potential.
Insider Transactions:
There were 10 LHX sales transactions, at market price of 276.5826217651367.There were no sell transactions throughout the period under consideration.LHX is seeing more buys than sells at current price levels, which may indicate a positive market outlook. This trend suggests growing confidence among investors, who appear to expect favorable performance from the stock.
Recommendation changes over time:
LHX has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see LHX as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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