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LHX

LHX - L3Harris Technologies Inc Stock Price, Fair Value and News

214.46USD+7.10 (+3.42%)Market Closed

Market Summary

LHX
USD214.46+7.10
Market Closed
3.42%

LHX Alerts

  • 1 major insider buys and 2 major insider sales recently.

LHX Stock Price

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LHX RSI Chart

LHX Valuation

Market Cap

40.6B

Price/Earnings (Trailing)

34.64

Price/Sales (Trailing)

2.02

EV/EBITDA

55.39

Price/Free Cashflow

35.36

LHX Price/Sales (Trailing)

LHX Profitability

EBT Margin

5.65%

Return on Equity

6.26%

Return on Assets

2.81%

Free Cashflow Yield

2.83%

LHX Fundamentals

LHX Revenue

Revenue (TTM)

20.2B

Rev. Growth (Yr)

16.55%

Rev. Growth (Qtr)

-2.42%

LHX Earnings

Earnings (TTM)

1.2B

Earnings Growth (Yr)

-16.02%

Earnings Growth (Qtr)

79.11%

Breaking Down LHX Revenue

Last 7 days

4.4%

Last 30 days

0.9%

Last 90 days

2.5%

Trailing 12 Months

8.3%

How does LHX drawdown profile look like?

LHX Financial Health

Current Ratio

0.98

Debt/Equity

0.59

Debt/Cashflow

0.15

LHX Investor Care

Dividend Yield

2.14%

Dividend/Share (TTM)

4.58

Shares Dilution (1Y)

0.05%

Diluted EPS (TTM)

6.16

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202420.2B000
202317.4B18.0B18.7B19.4B
202217.4B16.8B16.8B17.1B
202118.1B18.4B18.1B17.8B
202015.8B18.3B18.4B18.2B
20196.6B6.8B9.7B12.9B
20186.0B6.2B6.3B6.4B
20175.6B5.9B5.9B6.0B
20165.4B6.3B5.9B5.6B
20154.9B3.9B4.5B5.1B
20145.0B5.0B5.0B5.0B
20135.2B5.1B5.0B5.0B
20125.2B5.5B5.4B5.4B
20115.7B5.4B5.3B5.2B
20105.0B5.2B5.4B5.6B
20094.9B5.0B5.0B4.9B
200804.6B4.7B4.8B
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Tracking the Latest Insider Buys and Sells of L3Harris Technologies Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 19, 2024
dattilo thomas a
acquired
-
-
924
-
Apr 19, 2024
hay lewis iii
acquired
-
-
924
-
Apr 19, 2024
zamarro christina l
acquired
-
-
924
-
Apr 19, 2024
geraghty joanna
acquired
-
-
924
-
Apr 19, 2024
fradin roger
acquired
-
-
924
-
Apr 19, 2024
harris harry b. jr
acquired
-
-
924
-
Apr 19, 2024
swanson william h
acquired
-
-
924
-
Apr 19, 2024
chiarelli peter w
acquired
-
-
924
-
Apr 19, 2024
hachigian kirk s
acquired
-
-
924
-
Apr 19, 2024
lane rita s.
acquired
-
-
924
-

1–10 of 50

Which funds bought or sold LHX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 25, 2024
Capital Investment Advisory Services, LLC
added
11.65
29,767
259,343
0.03%
Apr 25, 2024
Valeo Financial Advisors, LLC
added
15.57
58,976
481,071
0.02%
Apr 25, 2024
Bogart Wealth, LLC
unchanged
-
307
26,424
-%
Apr 25, 2024
Zurcher Kantonalbank (Zurich Cantonalbank)
reduced
-0.67
53,472
10,693,800
0.04%
Apr 25, 2024
Checchi Capital Advisers, LLC
added
1.27
9,817
409,171
0.03%
Apr 25, 2024
ADELL HARRIMAN & CARPENTER INC
reduced
-0.25
5,392
590,073
0.05%
Apr 25, 2024
Horrell Capital Management, Inc.
added
0.5
104,000
6,259,000
1.73%
Apr 25, 2024
GHP Investment Advisors, Inc.
added
4.26
309,515
5,945,380
0.30%
Apr 25, 2024
Carmel Capital Partners, LLC
new
-
205,642
205,642
0.09%
Apr 25, 2024
STRATEGY ASSET MANAGERS LLC
added
11.43
33,820
299,208
0.06%

1–10 of 47

Are Funds Buying or Selling LHX?

Are funds buying LHX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LHX
No. of Funds

Unveiling L3Harris Technologies Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
price t rowe associates inc /md/
5.1%
9,584,760
SC 13G
Feb 09, 2024
capital world investors
8.5%
16,152,117
SC 13G/A
Jan 25, 2024
blackrock inc.
9.2%
17,403,276
SC 13G/A
Jan 10, 2024
vanguard group inc
10.65%
20,186,424
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
5.4%
10,364,874
SC 13G
Feb 13, 2023
capital world investors
7.1%
13,483,165
SC 13G/A
Feb 09, 2023
vanguard group inc
9.30%
17,699,032
SC 13G/A
Feb 03, 2023
blackrock inc.
7.9%
15,019,303
SC 13G/A
Feb 11, 2022
capital world investors
7.6%
14,871,240
SC 13G
Feb 10, 2022
vanguard group inc
8.55%
16,782,733
SC 13G/A

Recent SEC filings of L3Harris Technologies Inc

View All Filings
Date Filed Form Type Document
Apr 26, 2024
10-Q
Quarterly Report
Apr 25, 2024
8-K
Current Report
Apr 23, 2024
8-K
Current Report
Apr 23, 2024
4
Insider Trading
Apr 23, 2024
4
Insider Trading
Apr 23, 2024
4
Insider Trading
Apr 23, 2024
4
Insider Trading
Apr 23, 2024
4
Insider Trading
Apr 23, 2024
4
Insider Trading
Apr 23, 2024
4
Insider Trading

Peers (Alternatives to L3Harris Technologies Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
102.0B
76.4B
-12.88% -18.84%
-47.43
1.33
8.37% 47.92%
78.0B
43.1B
0.83% 31.78%
23.05
1.81
8.09% -0.18%
40.6B
20.2B
0.92% 8.31%
34.64
2.02
15.66% 26.95%
28.5B
3.2B
6.18% 22.77%
67.12
8.8
38.68% 18.86%
27.2B
6.6B
-2.48% 51.82%
35.61
4.1
17.25% 63.11%
23.2B
1.6B
-2.40% 42.92%
133.15
14.84
31.38% 18.41%
11.0B
11.5B
-4.35% 37.62%
16.11
0.96
7.29% 17.62%
MID-CAP
9.7B
2.8B
0.17% 51.21%
27.38
3.41
11.28% 20.44%
8.8B
2.5B
-5.85% 49.53%
35.64
3.51
11.80% 3.22%
4.4B
705.8M
5.77% 57.60%
-41.58
6.29
44.89% -1159.76%
SMALL-CAP
789.7M
757.0M
6.92% 7.47%
49.58
1.04
6.24% -44.67%
356.0M
6.8M
-39.04% -74.64%
-0.71
52.36
194.12% -0.44%
112.6M
37.6M
-9.15% 5.39%
17.63
3
36.42% 25.49%
75.4M
642.5K
18.01% -15.09%
32.01
106.77
-97.11% -47.43%
15.9M
2.0M
6.36% -9.39%
-1.55
8.01
371.33% -13.01%

L3Harris Technologies Inc News

Latest updates
MarketBeat • 18 hours ago
Marketscreener.com • 46 hours ago
GuruFocus.com • 26 Apr 2024 • 06:42 pm

L3Harris Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-2.4%5,2115,3404,9154,6934,4714,5784,2464,1354,1034,3504,2294,6684,5674,6604,4634,4454,6264,8324,4311,8651,728
Operating Expenses------------------928999349310
  S&GA Expenses10.5%970878828783773771742744745795793891801831817855812882999349310
EBITDA Margin-16.2%0.05*0.05*0.09*0.05*0.07*0.08*0.08*0.14*0.14*0.13*0.11*0.10*---------
Interest Expenses-2.9%-176-171-159-111-102-74.00-70.00-67.00-68.00-67.00-67.00-65.00-66.00-129-62.00-65.0068.00-35367.0039.0043.00
Income Taxes110.0%5.00-50.0018.0021.0034.00116-20.0055.0061.0010410716960.0063.0087.0058.0026.0068.005.0033.0040.00
Earnings Before Taxes281.6%29076.00400372373533-321525536588586582527247518336221468440302283
EBT Margin-10.2%0.06*0.06*0.09*0.05*0.06*0.07*0.08*0.13*0.13*0.13*0.11*0.10*---------
Net Income79.1%283158383349337416-300471475484481413468193426283217393429268243
Net Income Margin-7.9%0.06*0.06*0.08*0.04*0.05*0.06*0.07*0.11*0.11*0.10*0.09*0.08*---------
Free Cashflow-133.6%-219652395321279711524687-16.00687405659---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.3%41,81641,68742,29335,36235,50733,52433,38134,13834,44434,70935,01836,06436,59036,96037,14537,85238,10538,33638,94710,1179,792
  Current Assets2.6%8,2668,0557,5016,8507,0006,7546,4316,1886,2496,3596,6267,5897,5386,6676,3936,9267,2116,3127,0272,5782,285
    Cash Equivalents-14.8%4775604993665458805294204029411,1262,0299761,2761,3411,9476638241,001530334
  Inventory0.3%1,4761,4721,6381,5551,5411,2911,3391,2411,0909821,0248729049738948599901,2191,339360433
  Net PPE-----------2,0442,0262,1362,1022,0472,0152,0322,1172,073894904
  Goodwill0.5%20,07019,97920,73618,41718,29117,28317,26018,14318,19418,18918,20718,23418,25218,87618,99214,58219,26520,00115,4235,3405,371
Liabilities1.0%23,08622,85823,57716,83117,09914,900---------------
  Current Liabilities5.4%8,4378,0048,4826,3096,1515,7765,8534,8844,7374,5514,3134,4644,2314,2404,6664,5875,1234,0094,7182,2681,606
  Short Term Borrowings37.5%2,2031,6022,0335822.002.002.002.003.002.002.003.002.002.002.002.002.003.003.00103103
  Long Term Debt-0.2%11,14011,16011,1407,8678,2206,2255,9676,7826,7957,0487,0537,0617,0666,9436,2616,2736,2946,6946,3072,7633,412
Shareholder's Equity-0.2%18,73018,76518,61618,53118,40818,52318,43919,19019,36619,31919,59419,97620,48220,84121,43922,22622,02722,74422,9253,3633,607
  Retained Earnings0.6%3,2393,2203,2783,1112,9982,9432,7683,3123,1282,9172,7432,6332,5292,3472,3832,2502,1512,1832,0192,1731,986
  Additional Paid-In Capital-0.5%15,47215,55315,47015,39115,40715,67715,74415,81416,08916,24816,84717,86318,48719,00819,31020,26020,18220,69421,2881,7781,720
Shares Outstanding-0.2%189190189189189191192193193194203205---------
Minority Interest0%64.0064.00100103102101102104106106110113115117126124129157152--
Float----37,362---46,385---44,062---36,994---22,331-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-113.2%-10478954341435078258874939.0082248472066169875780253385881.00311405
  Share Based Compensation18.2%26.0022.0022.0022.0023.0017.0023.0041.0028.0029.0033.0034.0033.0023.0031.0024.0016.00-18.00143-28.5037.00
Cashflow From Investing-39.8%-116-83.00-4,864-26.00-2,048-62.00-67.00-57.00-64.00-6.0093.001,368-61.00-47.00-47.00903-58.00-94.001,414-55.00-37.00
Cashflow From Financing121.8%144-6604,460-5671,361-385-392-661-513-1,000-1,476-1,037-900-739-1,331-430-612-957-1,014-59.00-380
  Dividend Payments3.7%22421621621622021421521721819920220720917917918418316017781.0081.00
  Buy Backs-233--1223961831714213088001,3258507004401,150-700750750-5.005.00

LHX Income Statement

2023-12-29
CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 29, 2023
Dec. 30, 2022
Dec. 31, 2021
Revenue   
Revenue$ 19,419$ 17,062$ 17,814
Cost of revenue   
Cost of revenue(14,306)(12,135)(12,438)
General and administrative expenses(3,262)(3,006)(3,280)
Asset group and business divestiture-related gains, net(51)8220
Impairment of goodwill and other assets(374)(802)(207)
Operating income1,4261,1272,109
Non-service FAS pension income and other, net338425439
Interest expense, net(543)(279)(265)
Income from continuing operations before income taxes1,2211,2732,283
Income taxes(23)(212)(440)
Income from continuing operations1,1981,0611,843
Discontinued operations, net of income taxes00(1)
Net income1,1981,0611,842
Noncontrolling interests, net of income taxes2914
Net income attributable to L3Harris Technologies, Inc.1,2271,0621,846
Amount attributable to L3Harris Technologies, Inc. common shareholders   
Income from continuing operations1,2271,0621,847
Discontinued operations, net of income taxes00(1)
Net income attributable to L3Harris Technologies, Inc.$ 1,227$ 1,062$ 1,846
Net income per common share attributable to L3Harris Technologies, Inc. common shareholders   
Basic (in dollars per share)$ 6.47$ 5.54$ 9.17
Diluted (in dollars per share)$ 6.44$ 5.49$ 9.09
Product   
Revenue   
Revenue$ 13,694$ 12,097$ 13,156
Cost of revenue   
Cost of revenue(9,711)(8,355)(9,007)
Services   
Revenue   
Revenue5,7254,9654,658
Cost of revenue   
Cost of revenue$ (4,595)$ (3,780)$ (3,431)

LHX Balance Sheet

2023-12-29
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 29, 2023
Dec. 30, 2022
Current assets  
Cash and cash equivalents$ 560$ 880
Receivables, net1,2301,251
Contract assets3,1962,987
Inventories1,4721,291
Other current assets491298
Assets of business held for sale1,10647
Total current assets8,0556,754
Non-current assets  
Property, plant and equipment, net2,8622,104
Goodwill19,97917,283
Other intangible assets, net8,5406,001
Deferred income taxes9173
Other non-current assets2,1601,309
Total assets41,68733,524
Current liabilities  
Short-term debt1,6022
Current portion of long-term debt, net363818
Accounts payable2,1061,945
Contract liabilities1,9001,400
Compensation and benefits544398
Other accrued items1,129818
Income taxes payable88376
Liabilities of business held for sale27219
Total current liabilities8,0045,776
Non-current liabilities  
Long-term debt, net11,1606,225
Deferred income taxes815719
Other long-term liabilities2,8792,180
Total liabilities22,85814,900
Shareholders’ Equity:  
Preferred stock, without par value; 1,000,000 shares authorized; none issued00
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 189,808,581 and 190,611,458 shares at December 29, 2023 and December 30, 2022, respectively190191
Paid-in capital15,55315,677
Retained earnings3,2202,943
Accumulated other comprehensive loss(198)(288)
Total shareholders’ equity18,76518,523
Noncontrolling interests64101
Total equity18,82918,624
Total liabilities and equity$ 41,687$ 33,524
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 signals intelligence and multi-intelligence platforms; unmanned surface and undersea autonomous solutions; and power and platform control systems and other electronic and electrical products and systems. In addition, this segment offers advanced electro-optical and infrared solutions. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber defense solutions; mission avionics; and electronic warfare systems. The company's Communication Systems segment provides broadband communications; tactical radios, software-defined radios for key DoD network modernization programs and satellite communication terminals, and battlefield management networks for U.S. and international defense customers; integrated vision solutions, including helmet-mounted integrated night vision goggles; heads up displays along with Clip-on Weapon Sights, and weapon-mounted aiming lasers and range finders; and public safety radios, and system applications and equipment. 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.
 CEO
 WEBSITEl3harris.com
 INDUSTRYAerospace & Defense
 EMPLOYEES46000

L3Harris Technologies Inc Frequently Asked Questions


What is the ticker symbol for L3Harris Technologies Inc? What does LHX stand for in stocks?

LHX is the stock ticker symbol of L3Harris Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of L3Harris Technologies Inc (LHX)?

As of Fri Apr 26 2024, market cap of L3Harris Technologies Inc is 40.77 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LHX stock?

You can check LHX's fair value in chart for subscribers.

What is the fair value of LHX stock?

You can check LHX's fair value in chart for subscribers. The fair value of L3Harris Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of L3Harris Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LHX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is L3Harris Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether LHX is over valued or under valued. Whether L3Harris Technologies Inc is cheap or expensive depends on the assumptions which impact L3Harris Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LHX.

What is L3Harris Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, LHX's PE ratio (Price to Earnings) is 33.23 and Price to Sales (PS) ratio is 2.1. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LHX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on L3Harris Technologies Inc's stock?

In the past 10 years, L3Harris Technologies Inc has provided 0.134 (multiply by 100 for percentage) rate of return.