LHX:NYE-L3Harris Technologies, Inc

COMMON STOCK | Communication Equipment | NYE

Last Closing Price

USD 214.00

Change

+6.55 (+3.16)%

Market Cap

USD 46.94B

Volume

2.04M

Average Target Price

USD 231.07 (+7.98%)
Average Analyst Rating

Verdict

STA Verdict

Verdict

About

L3Harris Technologies, Inc. provides technology-based solutions that solve government and commercial customers' mission-critical challenges in the United States and internationally. The company operates in three segments: Communication Systems, Electronic Systems, and Space and Intelligence Systems. It designs, develops, and manufactures radio communications products and systems, including single channel ground and airborne radio systems, multiband manpack and handheld radios, multi-channel manpack and airborne radios, and single-channel airborne radios, as well as wideband rifleman team, ground, and high frequency manpack radios. The company also offers wireless communications systems, such as digital trunked, statewide, and multi-agency systems, as well as land mobile radio (LMR) and radio frequency systems; and single-band LMR terminals and multiband radios comprising a handheld radio and a full-spectrum mobile radio for vehicles. In addition, it provides electronic warfare, avionics, command, control, communications, computers, intelligence, surveillance, and reconnaissance solutions for defense and classified customers; and mission-critical communication systems for civil and military aviation and other customers. Further, the company offers intelligence, space protection, geospatial, earth observation, exploration, positioning, navigation and timing, and environmental solutions using advanced sensors, antennas, and payloads, as well as ground processing and information analytics for national security, defense, civil and commercial customers. 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.

Market Stats

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-09-16 )

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ETFs Containing LHX

Symbol Name Weight Mer Price(Change) Market Cap
ITA 8.84 % 0.42 %

N/A

N/A
DFEN Direxion Daily Aerospace .. 8.78 % 1.09 %

+1.92 (+3.10%)

USD 0.06B
ROKT SPDR Kensho Final Frontie.. 8.58 % 0.00 %

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PPA Invesco Aerospace & Defen.. 8.27 % 0.59 %

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XKFF SPDR Kensho Final Frontie.. 5.02 % 0.00 %

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USD 3.33M
XAR SPDR S&P Aerospace & Defe.. 4.25 % 0.35 %

+1.64 (+1.49%)

USD 1.54B
FITE SPDR S&P Kensho Future Se.. 3.65 % 0.20 %

+0.46 (+1.20%)

USD 0.02B
JHMI John Hancock Multifactor .. 2.89 % 0.47 %

-0.12 (-0.31%)

USD 0.03B
CCOR Cambria Core Equity ETF 2.55 % 1.23 %

-0.03 (-0.09%)

USD 0.09B
JKG iShares Morningstar Mid-C.. 2.33 % 0.25 %

+0.15 (+0.08%)

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KLCD KFA Large Cap Quality Div.. 2.07 % 0.00 %

-0.14 (-0.51%)

USD 2.53M
CACG ClearBridge All Cap Growt.. 2.02 % 0.53 %

-0.06 (-0.18%)

USD 0.11B
KOMP SPDR S&P Kensho New Econo.. 1.97 % 0.00 %

+0.03 (+0.09%)

USD 0.04B
RGI Invesco S&P 500 Equal Wei.. 1.60 % 0.40 %

-0.31 (-0.24%)

USD 0.21B
JHMM John Hancock Multifactor .. 0.78 % 0.44 %

+0.07 (+0.19%)

USD 1.14B
RNLC First Trust Large Cap US .. 0.67 % 0.60 %

-0.03 (-0.13%)

USD 0.02B
JPGE JPMorgan Diversified Retu.. 0.66 % 0.38 %

-0.30 (-0.50%)

USD 0.14B
JPME JPMorgan Diversified Retu.. 0.65 % 0.24 %

+0.24 (+0.35%)

USD 0.17B
IWR iShares Russell Mid-Cap E.. 0.63 % 0.19 %

+0.13 (+0.23%)

USD 20.66B
JPUS JPMorgan Diversified Retu.. 0.63 % 0.19 %

-0.01 (-0.01%)

USD 0.70B
USLB Invesco Russell 1000 Low .. 0.51 % 0.35 %

-0.03 (-0.10%)

USD 0.15B
SIZE iShares Edge MSCI USA Siz.. 0.36 % 0.15 %

+0.20 (+0.22%)

USD 0.38B
MUMC.B:CA 0.00 % 0.49 %

N/A

N/A
QGRO American Century U.S. Qua.. 0.00 % 0.00 %

+0.11 (+0.27%)

USD 0.02B

Market Performance

  Market Performance vs.
Industry/Classification (Communication Equipment)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Trailing 12 Months  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) N/A N/A N/A N/A N/A
Risk Adjusted Return N/A N/A N/A N/A N/A
Market Capitalization 46.94B 100% A+ 95% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Communication Equipment)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 26.91 67% D+ 25% F
Price/Book Ratio 7.45 6% F 13% F
Price / Cash Flow Ratio 39.61 22% F 6% F
EV/EBITDA 31.37 11% F 11% F
Management Effectiveness  
Return on Equity 28.70% 94% A 91% A-
Return on Invested Capital 17.15% 94% A 88% B+
Return on Assets 8.41% 94% A 90% A-
Debt to Equity Ratio 82.16% 36% F 44% F
Technical Ratios  
Short Ratio 1.27 89% B+ 67% D+
Short Percent 2.08% 78% C+ 78% C+
Beta 0.88 33% F 52% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector