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NYSE: LHX
L3harris Technologies Inc Stock

$176.91+0.99 (+0.56%)
Updated Jun 1, 2023
Why Price Moved
LHX Price
$176.91
Fair Value Price
N/A
Market Cap
$33.52B
52 Week Low
$174.55
52 Week High
$255.10
P/E
36.55x
P/B
1.83x
P/S
2.14x
PEG
0.7x
Dividend Yield
2.55%
Revenue
$17.43B
Earnings
$924.00M
Gross Margin
27.8%
Operating Margin
8.16%
Profit Margin
5.3%
Debt to Equity
0.93
Operating Cash Flow
$2B
Beta
0.7
Next Earnings
Jul 26, 2023
Ex-Dividend
Jun 1, 2023
Next Dividend
Jun 16, 2023

LHX Overview

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.

Zen Score

Industry Average (30)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how LHX scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

LHX ($176.91) is trading above its intrinsic value of $115.75, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
LHX is good value based on its earnings relative to its share price (36.55x), compared to the US market average (52.37x)
P/E vs Market Valuation
LHX is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more LHX due diligence checks available for Premium users.

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LHX News

Valuation

LHX price to earnings (PE)

For valuing profitable companies with steady earnings
Company
36.55x
Industry
12.64x
Market
52.37x
LHX is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
LHX is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

LHX price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.83x
Industry
4.51x
LHX is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

LHX price to earnings growth (PEG)

For valuing profitable companies with growth potential
LHX is good value based... subscribe to Premium to read more.
PEG Value Valuation

LHX's financial health

Profit margin

Revenue
$4.5B
Net Income
$337.0M
Profit Margin
7.5%
LHX's Earnings (EBIT) of $1.42B... subscribe to Premium to read more.
Interest Coverage Financials
LHX's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$35.5B
Liabilities
$17.1B
Debt to equity
0.93
LHX's short-term assets ($7.00B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
LHX's long-term liabilities ($10.95B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
LHX's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
LHX's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$350.0M
Investing
-$2.0B
Financing
$1.4B
LHX's operating cash flow ($2.47B)... subscribe to Premium to read more.
Debt Coverage Financials

LHX vs Defense Stocks

TickerMarket Cap1d %P/EP/B
LHX$33.52B+0.56%36.55x1.83x
TDG$42.74B+0.58%46.57x-14.73x
HEI$21.22B+0.21%55.72x7.53x
AXON$14.20B-0.40%100.07x10.12x
TXT$12.57B+0.71%15.23x1.79x

L3harris Technologies Stock FAQ

What is L3harris Technologies's quote symbol?

(NYSE: LHX) L3harris Technologies trades on the NYSE under the ticker symbol LHX. L3harris Technologies stock quotes can also be displayed as NYSE: LHX.

If you're new to stock investing, here's how to buy L3harris Technologies stock.

What is the 52 week high and low for L3harris Technologies (NYSE: LHX)?

(NYSE: LHX) L3harris Technologies's 52-week high was $255.10, and its 52-week low was $174.55. It is currently -30.65% from its 52-week high and 1.35% from its 52-week low.

How much is L3harris Technologies stock worth today?

(NYSE: LHX) L3harris Technologies currently has 189,453,379 outstanding shares. With L3harris Technologies stock trading at $176.91 per share, the total value of L3harris Technologies stock (market capitalization) is $33.52B.

L3harris Technologies stock was originally listed at a price of $22.94 in Dec 31, 1997. If you had invested in L3harris Technologies stock at $22.94, your return over the last 25 years would have been 671.19%, for an annualized return of 8.51% (not including any dividends or dividend reinvestments).

How much is L3harris Technologies's stock price per share?

(NYSE: LHX) L3harris Technologies stock price per share is $176.91 today (as of Jun 1, 2023).

What is L3harris Technologies's Market Cap?

(NYSE: LHX) L3harris Technologies's market cap is $33.52B, as of Jun 3, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

L3harris Technologies's market cap is calculated by multiplying LHX's current stock price of $176.91 by LHX's total outstanding shares of 189,453,379.
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