LHX:NYE-L3Harris Technologies Inc (USD)

COMMON STOCK | Aerospace & Defense |

Last Closing

USD 261.65

Change

-0.07 (-0.03)%

Market Cap

USD 49.43B

Volume

0.61M

Analyst Target

USD 235.42
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber; mission avionics; electronic warfare systems; and mission networks systems for air traffic management operations. The company's Communication Systems segment provides broadband communications; tactical radios, software, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; integrated vision solutions, including helmet-mounted integrated night vision goggles with leading-edge image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios, and system applications and equipment. Its Aerojet Rocketdyne segment provides propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems; and space propulsion and power systems for national security, and space and exploration missions. 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 based in Melbourne, Florida.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-11-13 )

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EIPI First Trust Exchange-Trad.. 3.07 % 0.00 %

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FFLV 2.14 % 0.00 %

N/A

N/A
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-0.21 (1.40%)

USD 0.06B
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DFAX Dimensional World ex U.S... 0.57 % 0.00 %

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USD 7.17B
ITA 0.00 % 0.42 %

N/A

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XKFF 0.00 % 0.00 %

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SHLD Global X Funds 0.00 % 0.00 %

-0.30 (1.40%)

USD 0.65B
ARKX 0.00 % 0.00 %

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Market Performance

  Market Performance vs. Industry/Classification (Aerospace & Defense) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 24.23% 66% D+ 79% B-
Dividend Return 1.65% 71% C- 31% F
Total Return 25.88% 66% D+ 78% C+
Trailing 12 Months  
Capital Gain 39.59% 67% D+ 84% B
Dividend Return 2.46% 77% C+ 34% F
Total Return 42.06% 67% D+ 84% B
Trailing 5 Years  
Capital Gain 29.20% 45% F 61% D-
Dividend Return 10.25% 71% C- 30% F
Total Return 39.44% 48% F 57% F
Average Annual (5 Year Horizon)  
Capital Gain 5.36% 26% F 54% F
Dividend Return 7.33% 24% F 53% F
Total Return 1.97% 67% D+ 47% F
Risk Return Profile  
Volatility (Standard Deviation) 18.61% 90% A- 59% D-
Risk Adjusted Return 39.42% 45% F 57% F
Market Capitalization 49.43B 91% A- 96% N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.