L3Harris Technologies, Inc. (LHX)
| Market Cap | 37.24B |
| Revenue (ttm) | 21.33B |
| Net Income (ttm) | 1.50B |
| Shares Out | 188.31M |
| EPS (ttm) | 7.87 |
| PE Ratio | 25.28 |
| Forward PE | 16.44 |
| Dividend | $4.64 (2.33%) |
| Ex-Dividend Date | Nov 18, 2024 |
| Volume | 86,528 |
| Open | 193.22 |
| Previous Close | 197.23 |
| Day's Range | 196.91 - 197.50 |
| 52-Week Range | 193.09 - 265.74 |
| Beta | 0.76 |
| Analysts | Buy |
| Price Target | 262.07 (+32.51%) |
| Earnings Date | Jan 30, 2025 |
About LHX
L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through Space & Airborne Systems (SAS), Integrated Mission Systems (IMS), Communication Systems (CS), and Aerojet Rocketdyne (AR) segments. The SAS segment provides satellite space payloads, sensors, and full-mission solutions; classified intelligence and cyber; airborne combat systems; and mission networks for air traffic management operations. The IMS segment offers intelligence, surveillance, and reconnaissance (ISR)... [Read more]
Financial Performance
In 2024, L3Harris Technologies's revenue was $21.33 billion, an increase of 9.82% compared to the previous year's $19.42 billion. Earnings were $1.50 billion, an increase of 22.41%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for LHX stock is "Buy." The 12-month stock price forecast is $262.07, which is an increase of 32.51% from the latest price.
News
L3Harris pushes ahead on Arkansas rocket motor factories
L3Harris Technologies said on Thursday it has begun constructing four solid rocket motor production facilities at its Camden site, as demand for missiles accelerates amid escalating geopolitical tensi...
L3Harris Breaks Ground on Solid Rocket Motor ‘Factories of the Future' in Arkansas
CAMDEN, Ark.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) marked the beginning of construction on four new solid rocket motor production facilities at the company's Camden site, hosting Departm...
L3Harris Technologies, Inc. (LHX) Presents at Barclays 42nd Annual Industrial Select Conference (Transcript)
L3Harris Technologies, Inc. (NYSE:LHX) Barclays 42nd Annual Industrial Select Conference February 20, 2025 8:30 AM ET Company Participants Ken Bedingfield - Senior Vice President & Chief Financial Of...
L3Harris Technologies: Back In The Buy Zone Amid DOGE Woes (Rating Upgrade)
L3Harris Technologies delivered solid results for 2024 with adjusted EPS of $13.10 and revenue growth of 10% year-over-year. Still, LHX shares are down 25% from their 52-week-high. In this update, I s...
Dividend Investors, Pay Attention: One Of The Best Dividend Opportunity I've Seen In Years
A rare dividend opportunity has emerged, offering a mix of strong yield, growth, and resilience. I believe this setup is too good to ignore. Market conditions, valuation, and long-term fundamentals al...
Defense cuts wouldn't be a net negative for defense stocks, says TD Cowen's Roman Schweizer
CNBC's Eamon Javers and TD Cowen's Roman Schweizer, join 'The Exchange' to discuss Trump's comments on halving defense spending and the impact it could have on defense stocks.
All-In: The 23-Stock Six-Figure Dividend Portfolio I'm Betting My Future On
Thank you to the Seeking Alpha community for your support! Reaching 40,000 followers is a dream come true. Your feedback fuels my work. I've invested 91% of my net worth in 23 high-conviction dividend...
L3Harris to Present at Upcoming Investor Conference
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) Chair and CEO Christopher E. Kubasik and Chief Financial Officer and Aerojet Rocketdyne President Ken Bedingfield will present at Ba...
L3Harris Launches New Technology to Control Autonomous Swarms
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has introduced AMORPHOUS™, its new software that features a single user interface to operate thousands of autonomous assets simultan...
Where I'd Put $10,000 Right Now - My Best Dividend Picks For Income And Growth
I started investing with a modest $4,000, now growing it into a 23-stock portfolio. The median net worth varies by age, but most can invest $10,000 for growth. The goal here isn't to push random picks...
US Air Force Completes First Flight of L3Harris Viper Shield Electronic Warfare System
MELBOURNE, Fla.--(BUSINESS WIRE)--The L3Harris Technologies (NYSE: LHX) all-digital electronic warfare (EW) suite, Viper Shield™, has completed its first flight in a single-seat Block 70 F-16 operated...
Buy Low, Win Big: 2 Dividend Stocks I'm Buying Hand Over Fist
American exceptionalism in the stock market is evident, with the S&P 500 outperforming global stocks since 1988, especially post-Great Financial Crisis. Goldman Sachs' ISG supports overweighting US st...
L3Harris Technologies, Inc. (LHX) Q4 2024 Earnings Call Transcript
L3Harris Technologies, Inc. (NYSE:LHX) Q4 2024 Earnings Conference Call January 30, 2025 10:30 AM ET Company Participants Daniel Gittsovich - Vice President of Investor Relations Christopher Kubasik ...
L3Harris forecasts upbeat annual sales on strong defense demand
L3Harris Technologies forecast 2025 sales above estimates and posted higher-than-expected fourth-quarter results on Thursday, bolstered by strong demand for weapons due to higher defense spending amid...
L3Harris Technologies Reports Fourth Quarter and Full-Year 2024 Results, Initiates 2025 Guidance
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) reported fourth quarter 2024 diluted EPS of $2.37 on fourth quarter 2024 revenue of $5.5 billion. Fourth quarter 2024 non-GAAP dilut...
US Army Awards L3Harris Nearly $300 Million for Resilient Communications Program
ROCHESTER, N.Y.--(BUSINESS WIRE)--The U.S. Army has awarded L3Harris Technologies (NYSE:LHX) full-rate Manpack and Leader radio production orders under the Handheld, Manpack & Small Form Fit (HMS) pro...
L3Harris Technologies: A Rare Undervalued U.S. Aerospace And Defense Stock To Buy
L3Harris Technologies, formed in 2019, is a multi-domain aerospace and defense specialist with strong growth prospects in communications, ISR, avionics, rocket motors, and cybersecurity. The company r...
US Army Awards L3Harris Second Full-Scale ENVG-B Production Order
LONDONDERRY, N.H.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has received a $263 million order from the U.S. Army for continued production of the Enhanced Night Vision Goggle – Binocular (ENV...
L3Harris Names New Aerojet Rocketdyne President, Expands Leadership Roles
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) today announced Ken Bedingfield, 52, has been appointed President, Aerojet Rocketdyne, effective Feb. 3, 2025, in addition to his re...
L3Harris: Now Is The Time To Buy This Dividend Heavyweight
L3Harris Technologies is just weeks away from presumably delivering a 24th consecutive dividend increase to shareholders. The company outperformed analysts' expectations for revenue and non-GAAP dilut...
Trillion-Dollar Shakeup: 3 Dividend Gems I Love In This Market
In today's market, a trillion-dollar shift is reshaping opportunities. As volatility rises, dividend stocks are key to steady, long-term gains. The right dividend stocks can help you thrive, even in t...
Aerospace & Defense Stocks To Watch: The Biggest U.S. Contractors
The aerospace and defense industry plays a pivotal role not just in national security but also the stock market. With U.S. defense spending leading the world, the largest contractors are well-position...
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. (...