L3Harris Technologies, Inc. (LHX)
| Market Cap | 41.38B |
| Revenue (ttm) | 21.14B |
| Net Income (ttm) | 1.21B |
| Shares Out | 189.67M |
| EPS (ttm) | 6.33 |
| PE Ratio | 34.46 |
| Forward PE | 15.80 |
| Dividend | $4.64 (2.13%) |
| Ex-Dividend Date | Nov 18, 2024 |
| Volume | 654,504 |
| Open | 218.72 |
| Previous Close | 218.48 |
| Day's Range | 217.03 - 219.21 |
| 52-Week Range | 200.18 - 265.74 |
| Beta | 0.75 |
| Analysts | Buy |
| Price Target | 271.07 (+24.25%) |
| Earnings Date | Jan 30, 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 15 analysts, the average rating for LHX stock is "Buy." The 12-month stock price forecast is $271.07, which is an increase of 24.25% from the latest price.
News
L3Harris: Now Is The Time To Buy This Dividend Heavyweight
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L3Harris Sets Date for Fourth Quarter 2024 Earnings Release
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) will release its fourth quarter 2024 financial results before market opens on Thursday, Jan. 30, 2025. The company will then host an...
L3Harris Completes Sale of Specialized Materials Business to BWXT for Approximately $100 Million
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has completed the sale of its specialized materials business, Aerojet Ordnance Tennessee, Inc. (A.O.T.), to BWX Technologies, Inc. (...
BWXT Completes Acquisition of L3Harris' A.O.T. Business
JONESBOROUGH, Tenn.--(BUSINESS WIRE)--BWXT Completes Acquisition of L3Harris' A.O.T. Business.
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
L3Harris Technologies offers an attractive investment opportunity with its recent price pullback, strategic acquisitions, and a robust $34 billion backlog in critical defense technologies. Strong Q3 2...
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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...
High-Conviction Investing - 4 Of The Best Dividend Stocks Money Can Buy
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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...
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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.