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L3Harris Technologies, Inc. (LHX)

Stock Price: $167.88 USD -0.45 (-0.27%)
Updated Aug 3, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 36.41B
Revenue (ttm) 24.00B
Net Income (ttm) 1.31B
Shares Out 215.87M
EPS (ttm) 7.35
PE Ratio 22.84
Forward PE 14.97
Dividend $3.40
Dividend Yield 2.03%

Stock Quote

Trading Day Aug 3, 2020
Last Price $167.88
Previous Close $168.33
Change ($) -0.45
Change (%) -0.27%
Day's Open 169.83
Day's Range 167.80 - 170.62
Day's Volume 1,982,038
52-Week Range 142.01 - 230.99

More Stats

Market Cap 36.41B
Enterprise Value 43.67B
Earnings Date (est) Oct 28, 2020
Ex-Dividend Date Jun 1, 2020
Shares Outstanding 215.87M
Float 214.68M
EPS (basic) 6.98
EPS (diluted) 7.35
FCF / Share 6.93
Dividend $3.40
Dividend Yield 2.03%
Earnings Yield 4.38%
FCF Yield 4.13%
Payout Ratio 43.50%
Shares Short 2.50M
Short Ratio 1.21
Short % of Float 1.17%
Beta 0.75
PE Ratio 22.84
Forward PE 14.97
P/FCF Ratio 24.19
PS Ratio 1.52
PB Ratio 1.66
Revenue 24.00B
Operating Income 1.09B
Net Income 1.31B
Free Cash Flow 1.51B
Net Cash -7.26B
Net Cash / Share -33.46
Gross Margin 22.32%
Operating Margin 4.55%
Profit Margin 8.30%
FCF Margin 6.27%
ROA 4.32%
ROE 8.96%
ROIC 15.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (20)

Buy 16
Overweight 3
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$237.00*
(41.17% upside)
Low
205
Current: $167.88
High
260
Target: 237.00
*Average 12-month price target from 19 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, 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, 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.