L3Harris Technologies, Inc. (LHX)
| Market Cap | 37.02B |
| Revenue (ttm) | 17.06B |
| Net Income (ttm) | 1.06B |
| Shares Out | 189.96M |
| EPS (ttm) | 5.49 |
| PE Ratio | 35.49 |
| Forward PE | 16.26 |
| Dividend | $4.50 (2.31%) |
| Ex-Dividend Date | Mar 9, 2023 |
| Volume | 177,021 |
| Open | 195.05 |
| Previous Close | 194.64 |
| Day's Range | 194.39 - 196.04 |
| 52-Week Range | 189.73 - 264.71 |
| Beta | 0.71 |
| Analysts | Buy |
| Price Target | 257.36 (+32.03%) |
| Earnings Date | Apr 27, 2023 |
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]
Financial Performance
In 2022, LHX's revenue was $17.06 billion, a decrease of -4.22% compared to the previous year's $17.81 billion. Earnings were $1.06 billion, a decrease of -42.47%.
Financial StatementsAnalyst Forecast
According to 28 analysts, the average rating for LHX stock is "Buy." The 12-month stock price forecast is $257.36, which is an increase of 32.03% from the latest price.
News
L3Harris to Assist in Development of Modular Open Systems for US Army Ground Vehicles
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) announced today a Cooperative Research and Development Agreement (CRADA) with the U.S. Army's Combat Capabilities Development Comman...
L3Harris Statement on Aerojet Rocketdyne Shareholder Vote
MELBOURNE, Fla.--(BUSINESS WIRE)--Today Aerojet Rocketdyne (NYSE: AJRD) shareholders overwhelmingly approved all necessary proposals to complete L3Harris Technologies' (NYSE: LHX) acquisition of the c...
L3Harris Statement on Second Request from Federal Trade Commission
MELBOURNE, Fla.
Pentagon Budget Grows. Defense Stocks Don't.
The U.S. defense budget is going higher. Defense stocks are barely budging.
L3Harris to Design and Build NOAA's Next-Generation Geostationary Weather Imager
Provides real-time, high-resolution visible and infrared imagery to monitor Earth's weather, oceans and environment.
L3Harris Exceeds Greenhouse Gas Emission Reduction Goal
Emissions is one of several goals tracked in L3Harris' annual Sustainability Report released today
7 Value-Trap Stocks That Will Punish the Bagholders
Markets will exploit investors who are too patient and forgiving on companies that are the value traps. These companies mask as deeply discounted companies that appear to have plenty of margin of safe...
Maxar Awards L3Harris Large Deployable Reflectors Contract
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) today announced a contract from Maxar Technologies to design and build reflector antennas for two geostationary communication satell...
L3Harris Viper Shield Electronic Warfare System Awarded Long-Lead Material Contract to Accelerate Global Production
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) today announced receiving an undefinitized contract from Lockheed Martin to procure long-lead material for the Viper Shield electron...
TXT vs. LHX: Which Stock Should Value Investors Buy Now?
TXT vs. LHX: Which Stock Is the Better Value Option?
L3Harris Elects Retired Four-Star General Ed Rice to Board of Directors
MELBOURNE, Fla.
L3Harris Announces Quarterly Dividend Increase
MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE: LHX) approved an increase in the company's per share quarterly cash dividend rate from $1.12 to $1.14, commenci...
AEROJET ROCKETDYNE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Aerojet Rocketdyne Holdings, Inc. - AJRD
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Aerojet Rocketdy...
L3Harris CEO and CFO to Present at Barclays Industrial Select Conference
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) Chair and CEO, Chris Kubasik, and Chief Financial Officer, Michelle Turner, will present at the Barclays Industrial Select Conferenc...
L3Harris Releases Diversity, Equity and Inclusion Annual Report for 2022
Marks steady progress toward company's Diversity, Equity and Inclusion goals. Recognized as a top company in major external Diversity, Equity and Inclusion indices.
L3Harris Selected to Train All Pilots for Japan's Leading Airline
Expands previous agreement with Peach Aviation to include All Nippon Airways pilots. Enables All Nippon Airways to meet future pilot demand.
L3Harris Named Among FORTUNE's Most Admired Companies of 2023
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) announced today being named one of FORTUNE's World's Most Admired Companies for 2023. The company scored favorably in the categori...
L3Harris Viper Shield Electronic Warfare System Achieves Critical Design Review Milestone
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) announced today achieving a critical design review (CDR) milestone for the Viper Shield electronic warfare (EW) system, which will...
Defense Execs Are Talking Up High Demand. The Market Isn't Buying It.
Analysts are wary of defense stocks as Republicans push for cuts to U.S. government spending.
L3Harris (LHX) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for L3Harris (LHX) give a sense of how the business performed in the quarter ended December 2022, it could be worth looking at how some of its key metrics compar...
L3Harris (LHX) Q4 Earnings Beat Estimates, Sales Up Y/Y
L3Harris' (LHX) Q4 revenues of $4,578 million beat the Zacks Consensus Estimate by 5.7%. Revenues increase 5.2% from the year-ago quarter's $4,350 million.
L3Harris Revenue Beats Expectations, Helped by Defense Spending. The Stock Is Rising.
The U.S. defense contractor says 'increased demand and focus on global defense spending have been sustained for another quarter, supporting strong orders for L3Harris capabilities.'
L3Harris (LHX) Q4 Earnings and Revenues Beat Estimates
L3Harris (LHX) delivered earnings and revenue surprises of 1.87% and 5.66%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?