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8 Comments
L3Harris Technologies, Inc is currently in a long term uptrend where the price is trading 13.5% above its 200 day moving average.
From a valuation standpoint, the stock is 95.3% cheaper than other stocks from the Industrials sector with a price to sales ratio of 2.5.
L3Harris Technologies, Inc's total revenue rose by 181.1% to $14B since the same quarter in the previous year.
Its net income has increased by 176.3% to $1B since the same quarter in the previous year.
Finally, its free cash flow grew by 257.6% to $3B since the same quarter in the previous year.
Based on the above factors, L3Harris Technologies, Inc gets an overall score of 5/5.
Scott Frasier
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3 years, 9 months ago
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TradeWithAlerts
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3 years, 9 months ago
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CurrencyCode | USD |
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Exchange | NYSE |
Sector | Industrials |
ISIN | US5024311095 |
Industry | Aerospace & Defense |
Market Cap | 38B |
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Beta | 0.71 |
Dividend Yield | 2.3% |
PE Ratio | 20.24 |
Target Price | 263.15 |
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.
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