L3Harris Technologies, Inc. (LHX)
| Market Cap | 39.92B |
| Revenue (ttm) | 18.66B |
| Net Income (ttm) | 1.49B |
| Shares Out | 189.54M |
| EPS (ttm) | 7.77 |
| PE Ratio | 27.11 |
| Forward PE | 16.05 |
| Dividend | $4.56 (2.17%) |
| Ex-Dividend Date | Nov 16, 2023 |
| Volume | 628,462 |
| Open | 210.68 |
| Previous Close | 210.92 |
| Day's Range | 210.02 - 211.42 |
| 52-Week Range | 160.25 - 219.31 |
| Beta | 0.68 |
| Analysts | Buy |
| Price Target | 232.15 (+10.22%) |
| Earnings Date | Jan 25, 2024 |
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 13 analysts, the average rating for LHX stock is "Buy." The 12-month stock price forecast is $232.15, which is an increase of 10.22% from the latest price.
News
L3Harris to suspend M&A program for 'foreseeable future'
U.S. defense contractor L3Harris said on Tuesday it would suspend its merger and acquisition activity for the "foreseeable future" to strengthen balance sheet and forecast full-year revenue above anal...
L3Harris Details Financial Objectives and Value Creation Strategy at 2023 Investor Day
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) today hosted its 2023 Investor Day at which it provided an in depth review of the company's financial objectives and value creation s...
L3Harris to Host Investor Day
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) will host its Investor Day today in person and via webcast from 9 a.m. to 12:30 p.m. ET at the company's Florida headquarters. Instru...
L3Harris Continues Board Refreshment and Provides Update on Shareholder Value Creation Activities
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (“L3Harris”) (NYSE: LHX) today announced that its Board of Directors has appointed Kirk S. Hachigian, former Chair and CEO of JELD-WEN Holding, ...
L3Harris Names Ken Bedingfield Senior Vice President and Chief Financial Officer
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) today announced that it has appointed Kenneth “Ken” L. Bedingfield as Senior Vice President and Chief Financial Officer (CFO), repor...
TJC Agrees to Acquire L3Harris' Commercial Aviation Solutions Business
NEW YORK--(BUSINESS WIRE)--TJC, L.P. (“TJC”), announced today that an affiliate of the Resolute Fund VI, L.P. (“Resolute VI”) has entered into a definitive agreement with L3Harris Technologies (NYSE:L...
L3Harris to sell its commercial aviation solutions business for $800 mln
L3Harris Technologies is selling its commercial aviation solutions business to private equity firm TJC L.P. for $800 million, the defense company said on Monday.
L3Harris Technologies Announces Definitive Agreement to Sell its Commercial Aviation Solutions Business to TJC for $800 Million
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) today announced the signing of a definitive agreement under which an affiliate of TJC L.P. will acquire L3Harris' Commercial Aviatio...
Cramer's Stop Trading: L3Harris
CNBC's Jim Cramer explains why he is keeping an eye on shares of L3Harris Technologies.
Top defense stocks fly bull flags with higher prices in sight
Shares of Lockheed Martin NYSE: LMT took flight after a better-than-expected report, and other defense contractors are doing the same. News from Northrup Grumman, the 6th largest by contract obligatio...
L3Harris is growing 'double-digits' in space business, says CEO Chris Kubasik
Chris Kubasik, L3Harris chair and CEO, joins 'Closing Bell Overtime' to talk quarterly results.
L3Harris Releases Third Quarter 2023 Results
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) announced its third quarter fiscal year 2023 results in an Investor Letter posted to the Investor Relations section of the company's ...
Cramer says to invest in defense companies as the U.S. looks to rebuild weapons stockpile
CNBC's Jim Cramer on Tuesday recommended defense stocks as the U.S. empties its arsenals to aid allies Israel and Ukraine.
Cramer's Stop Trading: L3Harris Technologies
CNBC's Jim Cramer explains why he is keeping an eye on shares L3Harris Technologies.
L3Harris Declares Quarterly Dividend
MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE:LHX) declared a quarterly cash dividend of $1.14 per common share, payable Dec. 1, 2023, to shareholders of reco...
What Defense Stocks Are Saying about a More Violent World
The bloody attack on Israel and inevitable retaliation have turned defense stocks into a gauge of the geopolitical risks perceived by financial markets. For now, it is flashing amber rather than red.
