L3Harris Technologies, Inc. (LHX)

NYSE: LHX · IEX Real-Time Price · USD
233.55
+5.16 (2.26%)
At close: Jun 24, 2022 4:00 PM
233.41
-0.14 (-0.06%)
After-hours: Jun 24, 2022 5:03 PM EDT
2.26%
Market Cap 45.05B
Revenue (ttm) 17.35B
Net Income (ttm) 1.85B
Shares Out 192.88M
EPS (ttm) 9.28
PE Ratio 25.17
Forward PE 16.98
Dividend $4.28 (1.83%)
Ex-Dividend Date Jun 2, 2022
Volume 827,272
Open 230.16
Previous Close 228.39
Day's Range 228.50 - 233.97
52-Week Range 200.71 - 279.71
Beta 0.76
Analysts Buy
Price Target 284.64 (+21.9%)
Earnings Date Aug 2, 2022

About LHX

L3Harris Technologies, Inc., 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, modification, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates mission systems for maritime platforms, such as si... [Read more...]

Industry Aerospace & Defense
Founded 1895
CEO William Brown
Employees 47,000
Stock Exchange NYSE
Ticker Symbol LHX
Full Company Profile

Financial Performance

In 2021, LHX's revenue was $17.81 billion, a decrease of -2.09% compared to the previous year's $18.19 billion. Earnings were $1.85 billion, an increase of 64.97%.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for LHX stock is "Buy." The 12-month stock price forecast is 284.64, which is an increase of 21.88% from the latest price.

Price Target
$284.64
(21.88% upside)
Analyst Consensus: Buy
Stock Forecasts

News

L3Harris Receives DoD's Top Industrial Security Excellence Award for the 18th Consecutive Year

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has received three of the U.S. Department of Defense's prestigious James S. Cogswell awards for outstanding industrial security perform...

L3Harris in talks to buy Israeli spyware firm NSO - reports

U.S. defence contractor L3Harris is in talks to buy Israeli spyware firm NSO Group, U.S. and Israeli media reported, citing sources with knowledge of the deal.

US defence contractor in talks to take over NSO Group's hacking technology

Deal – which would require approval from US and Israel – would give L3Harris control over controversial Pegasus tool

US Navy Awards L3Harris $205 Million Contract for New Passive EO/IR Capability to Protect Fleet

MELBOURNE, Fla.--(BUSINESS WIRE)--A team led by L3Harris Technologies (NYSE:LHX) has been selected to provide the Shipboard Panoramic Electro-Optic/Infrared (SPEIR) system to the U.S. Navy that will pro...

Duke Energy One, L3Harris offer new operational solution for nuclear power plants

Innovative service for nuclear facilities provides customized, immersive 3D simulations. Solution provides way for customers to address operational opportunities and challenges, while improving efficien...

Other symbols: DUK

Sidus Space Selects L3Harris Mission Critical Operations Center Software for LizzieSatTM Constellation

CAPE CANAVERAL, Fla.--(BUSINESS WIRE)--Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service satellite company focused on commercial satellite design, manufacture, launch, and data collection, is please...

Other symbols: SIDU

L3Harris Selected for Key Department of Defense Artificial Intelligence Program

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has been selected by the U.S. Department of Defense to deliver artificial intelligence services to improve intelligence gathering and c...

L3Harris Receives $297 Million Tactical Radio Contract Ceiling Increase from US Special Operations Command

ROCHESTER, N.Y.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has received a $297 million IDIQ contract increase for its Falcon® IV AN/PRC-167 radio systems from the U.S. Special Operations Command...

L3Harris High-Resolution Weather Imager Capture First Image From Space

MELBOURNE, Fla.--(BUSINESS WIRE)--The L3Harris Technologies-built (NYSE:LHX) high-resolution Advanced Baseline Imager (ABI) onboard NOAA's newest weather satellite captured its first image since launchi...

L3Harris Elects JetBlue President and COO Joanna L. Geraghty to Board of Directors

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) today announced that Joanna L. Geraghty, President and Chief Operating Officer of JetBlue Airways Corporation, has been elected to its ...

L3Harris (LHX) Q1 Earnings Top Estimates, Revenues Fall Y/Y

L3Harris Technologies' (LHX) revenues of $4,103 million miss the Zacks Consensus Estimate by 0.5% and decline 10.2% year over year

L3Harris (LHX) Q1 Earnings Beat Estimates

L3Harris (LHX) delivered earnings and revenue surprises of 3.31% and 0.49%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

L3Harris Releases First Quarter 2022 Financial Results

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) today announced its first quarter fiscal year 2022 results in an Investor Letter, which was posted to the Investor Relations section of...

Will Supply-Chain Constraint Hurt L3Harris' (LHX) Q1 Earnings?

L3Harris Technologies' (LHX) first-quarter results are likely to benefit from the growth in ISR and the strength in space in airborne systems, weighed down by the impacts of supply-chain challenges.

L3Harris Unveils New Format with First Quarter Earnings Release

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) announced it will release financial results for its first quarter of fiscal year 2022 on Thursday, April 28, 2022. The company is combi...

Analysts Estimate L3Harris (LHX) to Report a Decline in Earnings: What to Look Out for

L3Harris (LHX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

L3Harris Declares Quarterly Dividend

MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE:LHX) has declared a quarterly cash dividend of $1.12 per share on the common stock, payable June 17, 2022, to shar...

L3Harris Awarded a $482 Million USD Royal Canadian Air Force Contract Extension to Deliver Continued CF-18 Support

MIRABEL, Quebec--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has been awarded a 4-year, $482 million USD performance based contract extension (PBC), with option years, to continue in-service suppo...

Deep Dive: Dividend Aristocrat stocks can help you keep ahead of inflation. These 15 take top prizes for raising payo...

Some investors are interested in stocks that pay high dividend yields for a source of income. Others believe it is better to focus on total returns over long periods.

Automatic Identification System Market to Hit USD 374.8 Million by 2028 | Automatic Identification System Industry Ex...

Companies covered in Automatic Identification System Market are Furuno Electric Co. Ltd (Japan) Japan Radio Co. Ltd. (Japan) Saab AB (Sweden) ExactEarth Ltd (Canada) Orbcomm Inc. (U.S.) Garmin Ltd (U.S....

L3Harris Selected to Lead Advanced International Weather Satellite Study

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has been awarded a contract by the Japan Meteorological Agency (JMA) for an advanced study which will significantly improve the accurac...

L3Harris Sets Date for First Quarter Earnings Call

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) will host a conference call on Friday, April 29, 2022, at 8:30 a.m. Eastern Time (ET) to discuss its first quarter 2022 financial resul...

L3Harris Awarded $117 Million Space Object-Tracking Modernization Contract

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has been awarded $117 million for option-year three of a U.S. Space Force and U.S. Space Command contract to continue maintaining and m...

L3Harris Technologies CEO and Shield Capital's Shah discuss its partnership to accelerate defense

L3 Harris Technologies CEO Chris Kubasik and Raj Shah, Shield Capital managing partner and former director of the Pentagon's Defense Innovation Unit, join 'Squawk on the Street' to discuss its strategic...

L3Harris Announces Agile Development Group New Innovation Accelerator to Address Near-Peer Threats

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has established a new innovation accelerator and collaboration initiative - the Agile Development Group - to rapidly address near-peer...