Home » Stocks » L3Harris Technologies

L3Harris Technologies, Inc. (LHX)

Stock Price: $167.41 USD -4.39 (-2.56%)
Updated Oct 26, 2020 11:23 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 36.19B
Revenue (ttm) 18.33B
Net Income (ttm) 1.32B
Shares Out 216.20M
EPS (ttm) 7.35
PE Ratio 22.78
Forward PE 13.26
Dividend $3.40
Dividend Yield 2.03%

Stock Quote

Trading Day Oct 26, 2020
Last Price $167.41
Previous Close $171.80
Change ($) -4.39
Change (%) -2.56%
Day's Open 170.37
Day's Range 167.40 - 170.52
Day's Volume 321,015
52-Week Range 142.01 - 230.99

More Stats

Market Cap 36.19B
Enterprise Value 41.96B
Earnings Date (est) Oct 30, 2020
Ex-Dividend Date Sep 8, 2020
Shares Outstanding 216.20M
Float 215.13M
EPS (basic) 6.03
EPS (diluted) 7.35
FCF / Share 9.23
Dividend $3.40
Dividend Yield 2.03%
Earnings Yield 4.39%
FCF Yield 5.51%
Payout Ratio 53.10%
Shares Short 2.10M
Short Ratio 1.63
Short % of Float 0.97%
Beta 0.75
PE Ratio 22.78
Forward PE 13.26
P/FCF Ratio 18.16
PS Ratio 1.97
PB Ratio 1.66
Revenue 18.33B
Operating Income 1.10B
Net Income 1.32B
Free Cash Flow 1.99B
Net Cash -5.77B
Net Cash / Share -26.67
Gross Margin 22.32%
Operating Margin 5.97%
Profit Margin 7.20%
FCF Margin 10.87%
ROA 4.32%
ROE 8.96%
ROIC 14.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (21)

Buy 17
Overweight 4
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$236.45*
(41.24% upside)
Low
205
Current: $167.41
High
258
Target: 236.45
*Average 12-month price target from 20 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue6,8016,1685,8975,9923,8855,0125,1125,4515,4184,725
Revenue Growth10.26%4.6%-1.59%54.23%-22.49%-1.96%-6.22%0.61%14.68%-
Gross Profit2,3342,1022,0432,1601,5151,7021,7271,8821,8861,672
Operating Income1,0929208931,055632882813941995949
Net Income94969954332433453511330.60588562
Shares Outstanding118119122125104106110114127130
Earnings Per Share7.865.764.362.593.114.951.010.264.604.28
EPS Growth36.46%32.11%68.34%-16.72%-37.17%390.1%288.46%-94.35%7.48%-
Dividend Per Share2.742.282.122.001.881.681.481.221.000.88
Dividend Growth20.18%7.55%6%6.38%11.9%13.51%21.31%22%13.64%-
Operating Cash Flow1,185751569924854849833853833803
Capital Expenditures-161-136-119-152-148-204-178-234-325-198
Free Cash Flow1,024615450772706645655619508605
Cash & Equivalents530288484487748570321356367455
Total Debt3,5223,7904,0304,5175,2161,6241,7352,0472,0721,207
Net Cash / Debt-2,992-3,502-3,546-4,030-4,468-1,054-1,414-1,691-1,705-752
Assets10,1179,85110,09012,00913,1274,9194,8585,5936,1734,744
Liabilities6,7546,5737,1628,9529,7253,0943,2973,6473,6612,554
Book Value3,3633,2782,9283,0563,3971,8261,5611,9392,5022,190
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name L3Harris Technologies, Inc.
Country United States
Employees 50,000
CEO William M. Brown

Stock Information

Ticker Symbol LHX
Stock Exchange New York Stock Exchange
Sector Industrials
Industry Aerospace & Defense
Unique Identifier NYSE: LHX

Description

L3Harris Technologies, an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides multi-mission intelligence, surveillance, and reconnaissance (ISR) systems; and communication systems, as well as fleet management support, sensor development, modifications, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates maritime integrated command, control, communications, computers, and cyber ISR systems for maritime platforms; unmanned surface and undersea autonomous solutions; power and ship control systems; and other electronic and electrical products and systems, as well as designs and manufactures electro-optical and infrared sensors and surveillance, and targeting systems. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber defense solutions; and avionics and electronic warfare systems. The company's Communication Systems segment provides tactical radio communications, SATCOM terminals, and battlefield management networks; broadband secured mobile networked communication equipment, including airborne, space, and surface data link terminals, as well as ground stations and transportable tactical SATCOM systems; helmet and weapon mounted integrated night vision systems; and radios, systems applications, and equipment for public safety and professional communications. Its Aviation Systems segment offers defense aviation products; security, detection, and other commercial aviation products; commercial and military pilot training solutions; and mission networks for air traffic management. 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.