L3Harris Technologies, Inc. (LHX)
| Market Cap | 40.50B |
| Revenue (ttm) | 21.14B |
| Net Income (ttm) | 1.21B |
| Shares Out | 189.67M |
| EPS (ttm) | 6.33 |
| PE Ratio | 33.73 |
| Forward PE | 15.31 |
| Dividend | $4.64 (2.17%) |
| Ex-Dividend Date | Nov 18, 2024 |
| Volume | 871,300 |
| Open | 210.64 |
| Previous Close | 210.64 |
| Day's Range | 210.00 - 215.22 |
| 52-Week Range | 200.18 - 265.74 |
| Beta | 0.72 |
| Analysts | Buy |
| Price Target | 272.00 (+27.37%) |
| Earnings Date | Jan 23, 2025 |
About LHX
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; mi... [Read more]
Financial Performance
In 2023, L3Harris Technologies's revenue was $19.42 billion, an increase of 13.81% compared to the previous year's $17.06 billion. Earnings were $1.23 billion, an increase of 15.54%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for LHX stock is "Buy." The 12-month stock price forecast is $272.0, which is an increase of 27.37% from the latest price.
News
L3Harris Is Likely To Benefit From Increased Defense Spending Amid U.S.-China Tensions
Heightened global defense spending reflects critical macroeconomic priorities to safeguard democratic stability against rising authoritarian pressures, with L3Harris positioned as a key beneficiary. L...
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Why L3Harris Is An Attractive Buy On The Recent Pullback
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L3Harris Technologies: Strategic Focus On Defense Technology; Initiate With 'Buy'
L3Harris Technologies is evolving into a pure defense technology player, with strategic acquisitions like Aerojet Rocketdyne and Viasat's Tactical Data Links. The company targets $1 billion in cost sa...
L3Harris Technologies, Inc. (LHX) Management presents at UBS Global Industrials Conference (Transcript)
L3Harris Technologies, Inc. (NYSE:LHX) UBS Global Industrials Conference December 4, 2024 1:00 PM ET Company Participants Ross Niebergall - President, Aerojet Rocketdyne Ken Bedingfield - CFO Confere...
US Navy Awards L3Harris Nearly $1 Billion IDIQ Contract
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has received an indefinite delivery, indefinite quantity award from the U.S. Navy, worth up to $999 million, to provide U.S. and coa...
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How to trade defense stocks with uncertain government spending
Sheila Kahyaoglu, Jefferies equity analyst, joins CNBC's 'Closing Bell Overtime' to discuss the potential impact of the Department of Government Efficiency, her outlook on defense stocks, and more.
L3Harris Technologies, Inc. (LHX) Baird's Global Industrial Conference (Transcript)
L3Harris Technologies, Inc. (NYSE:LHX) Baird's Global Industrial Conference November 12, 2024 11:50 AM ET Company Participants Kenneth Bedingfield - SVP and CFO Christopher Kubasik - Chair and CEO Co...
Defense Stocks Are Taking It On The Chin.
Shares of Lockheed, Northrop, and other defense contractors are having a lousy day. The precise reason is hard to say.
L3Harris Electronic Warfare System Completes Safety of Flight Testing
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has completed Safety of Flight (SOF) qualification on its Viper Shield™ all-digital electronic warfare (EW) suite for F-16 fighter j...
BWXT to acquire L3Harris' A.O.T. business to expand special materials portfolio
LYNCHBURG, Va. & MELBOURNE, Fla.--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE: BWXT) and L3Harris Technologies, Inc. (NYSE: LHX) today announced the signing of a purchase agreement for BWXT to acqui...
BWXT to Acquire L3Harris' A.O.T. Business to Expand Special Materials Portfolio
LYNCHBURG, Va. & MELBOURNE, Fla.--(BUSINESS WIRE)---- $BWXT--BWX Technologies, Inc. (NYSE: BWXT) and L3Harris Technologies, Inc. (NYSE: LHX) today announced the signing of a purchase agreement for BWX...
L3Harris to Present at Upcoming Investor Conferences
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) Chair and CEO Christopher E. Kubasik and Chief Financial Officer Ken Bedingfield will present at Baird's Global Industrial Conference...
L3Harris' rocket motor unit investments boosting output
Investments by L3Harris Technologies into its Aerojet Rocketdyne rocket motor unit have helped improve facilities and processes after years of underinvestment and late deliveries to customers, an exec...
L3Harris And Palantir Collaboration Key To Future Growth, BofA Upgrades Stock
BofA Securities analyst Ronald J. Epstein upgraded L3Harris Technologies, Inc. LHX to Buy from Neutral and raised the price target to $300 from $240.
L3Harris unit making rocket motors used in Ukraine says business has surged
L3Harris Technologies' subsidiary Aerojet Rocketdyne has doubled its monthly production of motors for GMLRS rockets that are heavily used in Ukraine, a company executive said on Tuesday, as global dem...
Mission-Critical Dividends: Why L3Harris Stands Out In My Portfolio
L3Harris Technologies, Inc. is a high-conviction dividend growth stock, leveraging strategic high-margin contracts and innovative partnerships to drive impressive returns and future growth. The compan...
L3Harris Poised For 2025 Growth: Analysts Highlight Q3 Earnings Beat, Solid Orders, And Margin Expansion Potential
L3Harris Technologies Inc LHX stock is trading higher after the company reported better-than-expected third-quarter financial results.
L3Harris Technologies, Inc. (LHX) Q3 2024 Earnings Call Transcript
L3Harris Technologies, Inc. (NYSE:LHX) Q3 2024 Earnings Conference Call October 25, 2024 8:30 AM ET Company Participants Daniel Gittsovich - VP, IR Christopher Kubasik - Chair and CEO Kenneth Bedingf...
Future of warfare is convergence of hardware, software, and AI, says L3Harris CEO Chris Kubasik
Alex Karp, Palantir CEO & co-founder, and Chris Kubasik, L3Harris CEO, joins 'Closing Bell Overtime' to talk the companies' strategic partnership to advance AI in defense.
L3Harris lifts lower end of 2024 results forecast amid global tensions
L3Harris raised the lower end of its annual profit and revenue forecasts on Thursday, betting on sustained weapons demand and robust defense spending amid escalating global security concerns.