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L3Harris Technologies, Inc is currently in a long term uptrend where the price is trading 15.2% above its 200 day moving average.
From a valuation standpoint, the stock is 84.7% cheaper than other stocks from the Industrials sector with a price to sales ratio of 2.4.
L3Harris Technologies, Inc's total revenue sank by 3.6% to $5B since the same quarter in the previous year.
Its net income has dropped by 50.9% to $193M since the same quarter in the previous year.
Finally, its free cash flow grew by 18.0% to $524M since the same quarter in the previous year.
Based on the above factors, L3Harris Technologies, Inc gets an overall score of 3/5.
Sector | Industrials |
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Industry | Aerospace & Defense |
Exchange | F |
CurrencyCode | EUR |
ISIN | US5024311095 |
Beta | 0.72 |
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Market Cap | 36B |
PE Ratio | 27.54 |
Target Price | 253.24 |
Dividend Yield | 2.3% |
L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through Space & Airborne Systems (SAS), Integrated Mission Systems (IMS), Communication Systems (CS), and Aerojet Rocketdyne (AR) segments. The SAS segment provides satellite space payloads, sensors, and full-mission solutions; classified intelligence and cyber; airborne combat systems; and mission networks for air traffic management operations. The IMS segment offers intelligence, surveillance, and reconnaissance (ISR) systems; passive sensing and targeting; electronic attack platforms; autonomy; power and communications; networks; and sensors. The CS segment provides tactical radios, software, waveforms, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; broadband communications; integrated vision solutions, including helmet-mounted integrated night vision goggles with image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios, and system applications and equipment. The AR segment offers propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems; and space propulsion and power systems for national security space and exploration missions. 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 based in Melbourne, Florida.
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