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L3Harris Technologies Inc Stock Research

LHX

171.56USD-2.56(-1.47%)Market Closed
Watchlist

Market Summary

USD171.56-2.56
Market Closed
-1.47%

LHX Alerts

  • 1 major insider sales recently.

LHX Stock Price

LHX RSI Chart

LHX Valuation

Market Cap

32.4B

Price/Earnings (Trailing)

40.45

Price/Sales (Trailing)

1.8

EV/EBITDA

42.54

Price/Free Cashflow

17.68

LHX Price/Sales (Trailing)

LHX Profitability

EBT Margin

6.37%

Return on Equity

5.05%

Return on Assets

2.6%

Free Cashflow Yield

5.66%

LHX Fundamentals

LHX Revenue

Revenue (TTM)

18.0B

Revenue Y/Y

13.49%

Revenue Q/Q

4.97%

LHX Earnings

Earnings (TTM)

802.0M

Earnings Y/Y

-25.9%

Earnings Q/Q

3.56%

Price Action

52 Week Range

167.14253.81
(Low)(High)

Last 7 days

-1.5%

Last 30 days

-3.2%

Last 90 days

-13.2%

Trailing 12 Months

-17.0%

LHX Financial Health

Current Ratio

1.14

Debt/Equity

0.45

Debt/Cashflow

0.3

LHX Investor Care

Dividend Yield

2.66%

Dividend/Share (TTM)

4.56

Buy Backs (1Y)

1.57%

Diluted EPS (TTM)

7.18

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for LHX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-05
ZOISS EDWARD J
acquired
3,086,020
102
30,077
pres., space & airborne sys.
2023-09-05
ZOISS EDWARD J
sold
-5,222,210
173
-30,077
pres., space & airborne sys.
2023-08-03
Montesi Corliss J.
acquired
-
-
1,192
vp, principal accting. officer
2023-08-03
Rakita Melanie
sold (taxes)
-80,738
185
-436
vice president & chro
2023-08-03
Montesi Corliss J.
sold (taxes)
-53,887
185
-291
vp, principal accting. officer
2023-08-03
Rakita Melanie
acquired
-
-
1,787
vice president & chro
2023-07-03
CHIARELLI PETER W
acquired
-
-
25.29
-
2023-07-03
MILLARD ROBERT B
acquired
-
-
240
-
2023-07-03
Zamarro Christina L
acquired
-
-
177
-
2023-04-22
HAY LEWIS III
acquired
-
-
699
-

1–10 of 50

Which funds bought or sold LHX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-26
M Holdings Securities, Inc.
sold off
-100
-255,000
-
-%
2023-09-26
DecisionPoint Financial, LLC
sold off
-100
-4,122
-
-%
2023-09-26
BROOKFIELD Corp /ON/
new
-
9,962,340
9,962,340
0.04%
2023-09-21
Jefferies Group LLC
added
58.87
81,765
305,095
-%
2023-09-21
Halpern Financial, Inc.
unchanged
-
-16.00
6,852
-%
2023-09-21
Baystate Wealth Management LLC
added
0.21
48.00
92,528
0.01%
2023-09-20
Mondrian Investment Partners LTD
unchanged
-
-541
225,527
-%
2023-09-20
BARCLAYS PLC
added
54.96
33,388,000
94,547,000
0.06%
2023-09-19
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
reduced
-6.28
-20,326
292,368
0.12%
2023-09-18
WASHINGTON CAPITAL MANAGEMENT, INC
added
94.37
491,109
1,014,090
0.86%

1–10 of 47

Latest Funds Activity

Are funds buying LHX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LHX
No. of Funds

Schedule 13G FIlings of L3Harris Tech

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
5.4%
10,364,874
SC 13G
Feb 13, 2023
capital world investors
7.1%
13,483,165
SC 13G/A
Feb 09, 2023
vanguard group inc
9.30%
17,699,032
SC 13G/A
Feb 03, 2023
blackrock inc.
7.9%
15,019,303
SC 13G/A
Feb 11, 2022
capital world investors
7.6%
14,871,240
SC 13G
Feb 10, 2022
vanguard group inc
8.55%
16,782,733
SC 13G/A
Feb 01, 2022
blackrock inc.
6.3%
12,280,012
SC 13G/A
Feb 10, 2021
vanguard group inc
8.24%
17,310,496
SC 13G/A
Jan 29, 2021
blackrock inc.
8.0%
16,868,838
SC 13G/A
Feb 14, 2020
price t rowe associates inc /md/
4.4%
9,883,445
SC 13G/A

Recent SEC filings of L3Harris Tech

View All Filings
Date Filed Form Type Document
Sep 07, 2023
4
Insider Trading
Sep 05, 2023
144
Notice of Insider Sale Intent
Aug 07, 2023
3
Insider Trading
Aug 07, 2023
4
Insider Trading
Aug 07, 2023
4
Insider Trading
Jul 31, 2023
424B5
Prospectus Filed
Jul 31, 2023
8-K
Current Report
Jul 28, 2023
8-K
Current Report
Jul 27, 2023
424B5
Prospectus Filed
Jul 27, 2023
8-K/A
Current Report

LHX Fair Value

Loading...

Peers (Alternatives to L3Harris Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
128.3B
67.4B
-9.01% 5.57%
22.39
1.94
5.03% 50.05%
123.5B
73.6B
-15.92% 55.13%
-29.91
1.75
21.18% 15.27%
66.9B
37.9B
1.52% -5.66%
14.4
1.77
8.36% -18.06%
47.2B
6.2B
-9.54% 57.08%
41.04
7.55
20.10% 42.03%
32.4B
18.0B
-3.22% -17.03%
40.45
1.8
6.96% -58.03%
MID-CAP
8.8B
2.6B
-4.92% 11.83%
22.17
3.34
25.29% 16.69%
8.1B
10.9B
-8.53% -8.31%
15.5
0.74
6.30% -11.11%
6.7B
2.3B
-1.69% 44.91%
29.73
2.86
7.03% -27.80%
2.9B
584.4M
11.23% 30.83%
-16.28
4.91
28.93% -4109.49%
-
5.4B
-21.20% -23.18%
-
-
20.31% -109.88%
SMALL-CAP
-
2.1B
-5.33% 62.56%
-
-
15.61% -25.58%
-
620.6M
-9.55% 102.54%
-
-
31.15% -93.33%
640.2M
743.4M
-3.09% 10.79%
26.51
0.86
11.66% -81.80%
316.7M
56.8M
12.99% 40.22%
29.67
5.57
7.69% 39.93%
531.7M
1.4B
-20.00% -11.53%
6.5
0.39
-3.95% 459.45%

L3Harris Tech News

Business Wire
L3Harris Technologies Appoints New Country Leader in Australia.
Business Wire,
2 years ago

Returns for LHX

Cumulative Returns on LHX

13.2%


10-Year Cumulative Returns

11.1%


7-Year Cumulative Returns

1.8%


5-Year Cumulative Returns

1.1%


3-Year Cumulative Returns

Risks for LHX

What is the probability of a big loss on LHX?

61.9%


Probability that L3Harris Tech stock will be more than 20% underwater in next one year

20.4%


Probability that L3Harris Tech stock will be more than 30% underwater in next one year.

0%


Probability that L3Harris Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LHX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if L3Harris Tech was unfortunately bought at previous high price.

Drawdowns

Financials for L3Harris Tech

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue3.2%17,98817,43017,06216,83416,81717,35017,81418,12418,35818,13518,19418,36618,33415,75412,8569,6906,8016,5976,4316,3006,168
Operating Expenses---------------2,5861,9621,2421,1851,2061,1931,182
  S&GA Expenses1.3%3,0653,0262,9983,0263,0773,2243,2803,3163,3403,3043,3153,3663,5483,0422,5402,2111,3181,2401,166-1,182
EBITDA-100.0%-1,1351,3271,3912,3042,3582,3581,4831,9421,5511,3912,0081,8821,7321,734------
EBITDA Margin-100.0%-0.07*0.08*0.08*0.14*0.14*0.13*0.08*0.11*0.09*0.08*0.11*0.10*0.11*0.13*------
Interest Expenses-14.1%-357-313-279-272-269-267-265-262-257-257-254-249-120-16.00-41.00192169176174173170
Earnings Before Taxes-13.8%9571,1101,2731,3282,2352,2922,2831,9421,8741,6281,3221,5431,4651,4311,4931,2961,1131,058983937908
EBT Margin-100.0%-0.06*0.07*0.08*0.13*0.13*0.13*0.11*0.10*0.09*0.07*0.08*0.08*0.09*0.12*------
Net Income-13.2%8029241,0621,1301,9111,8531,8461,5551,5001,3701,1191,3191,3221,3071,3331,165949894847753699
Net Income Margin-100.0%-0.05*0.06*0.07*0.11*0.11*0.10*0.09*0.08*0.08*0.06*0.07*0.07*0.08*0.10*------
Free Cashflow-100.0%-2,2011,9061,8821,7631,7352,3452,1822,4482,5342,4222,6671,9931,5051,388------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.4%35,36235,50733,52433,38134,13834,44434,70935,01836,06436,59036,96037,14537,85238,10538,33638,94710,1179,7929,8529,8899,851
  Current Assets-2.1%6,8507,0006,7546,4316,1886,2496,3596,6267,5897,5386,6676,3936,9267,2116,3127,0272,5782,2852,3112,2882,224
    Cash Equivalents-32.8%3665458805294204029411,1262,0299761,2761,3411,9476638241,001530334343305288
  Inventory0.9%1,5551,5411,2911,3391,2411,0909821,0248729049738948599901,2191,339360433425413411
  Net PPE--------2,0442,0262,1362,1022,0472,0152,0322,1172,073894904901898900
  Goodwill0.7%18,41718,29117,28317,26018,14318,19418,18918,20718,23418,25218,87618,99214,58219,26520,00115,4235,3405,3715,3705,3735,372
Liabilities-1.6%16,83117,09914,900------------------
  Current Liabilities2.6%6,3096,1515,7765,8534,8844,7374,5514,3134,4644,2314,2404,6664,5875,1234,0094,7182,2681,6061,8221,9561,850
  Short Term Borrowings29000.0%5822.002.002.002.003.002.002.003.002.002.002.002.002.003.003.0010310310329478.00
  Long Term Debt-4.3%7,8678,2206,2255,9676,7826,7957,0487,0537,0617,0666,9436,2616,2736,2946,6946,3072,7633,4123,4113,4103,408
Shareholder's Equity0.1%18,42818,40818,52318,33719,19019,36619,31919,59419,97620,48220,84121,43922,22622,02722,74422,9253,3633,6073,4123,2443,278
  Retained Earnings3.8%3,1112,9982,9432,7683,3123,1282,9172,7432,6332,5292,3472,3832,2502,1512,1832,0192,1731,9861,8241,6801,648
  Additional Paid-In Capital-0.1%15,39115,40715,67715,74415,81416,08916,24816,84717,86318,48719,00819,31020,26020,18220,69421,2881,7781,7201,6811,6481,714
Shares Outstanding-0.1%18918919119119219319420020420720821321621721822380.00118118118118
Minority Interest1.0%103102101102104106106110113115117126124129157152-----
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-13.6%2,1342,4692,1582,1982,0942,0652,6872,5632,8362,9182,7902,9502,2741,7831,6551,1491,1851,395847773751
  Share Based Compensation-18.3%85.0010410912113112412912312111194.0053.0016513315420499.0010897.0078.0051.00
Cashflow From Investing1.4%-2,203-2,234-250-194-34.001,3911,3941,3531,2137487517042,1651,2071,2281,286-159-164-163-149-141
Cashflow From Financing122.1%17.00-77.00-1,951-2,566-3,650-4,026-4,413-4,152-4,007-3,400-3,112-3,330-3,013-2,642-2,410-1,726-781-1,331-753-700-805
  Dividend Payments-0.1%865866864849836826817797774751725706704601499420325311298285272
  Buy Backs-25.5%8721,1711,0831,7002,8543,2833,6753,3153,1402,2902,2902,6002,2002,1951,500751201281308383272

LHX Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jul. 01, 2022
Jun. 30, 2023
Jul. 01, 2022
Income Statement [Abstract]    
Revenue from product sales and services$ 4,693$ 4,135$ 9,164$ 8,238
Cost of product sales and services(3,476)(2,907)(6,763)(5,767)
Engineering, selling and administrative expenses(783)(744)(1,556)(1,489)
Business divestiture-related gains, net260260
Impairment of other assets(60)0(78)0
Non-operating income, net83108165214
Interest expense, net(111)(67)(213)(135)
Income before income taxes3725257451,061
Income taxes(21)(55)(55)(116)
Net income351470690945
Noncontrolling interests, net of income taxes(2)1(4)1
Net income attributable to L3Harris Technologies, Inc.$ 349$ 471$ 686$ 946
Net income per common share attributable to L3Harris Technologies, Inc. common shareholders    
Basic (in dollars per share)$ 1.84$ 2.45$ 3.61$ 4.91
Diluted (in dollars per share)$ 1.83$ 2.42$ 3.60$ 4.86
Basic weighted average common shares outstanding (in shares)189.2192.1189.7192.6
Diluted weighted average common shares outstanding (in shares)190.1194.0190.7194.5

LHX Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 30, 2022
Current Assets  
Cash and cash equivalents$ 366$ 880
Receivables, net of allowances for collection losses of $35 and $40, respectively1,3831,251
Contract assets3,1642,987
Inventories1,5551,291
Income taxes receivable4840
Other current assets334258
Assets of business held for sale047
Total current assets6,8506,754
Non-current Assets  
Property, plant and equipment, net2,1862,104
Operating lease right-of-use assets725756
Goodwill18,41717,283
Other intangible assets, net6,4016,001
Deferred income taxes8473
Other non-current assets699553
Total assets35,36233,524
Current Liabilities  
Short-term debt5822
Accounts payable2,0291,945
Contract liabilities1,6481,400
Compensation and benefits389398
Other accrued items935818
Income taxes payable365376
Current portion of long-term debt, net361818
Liabilities of business held for sale019
Total current liabilities6,3095,776
Non-current Liabilities  
Defined benefit plans184262
Operating lease liabilities714741
Long-term debt, net7,8676,225
Deferred income taxes452719
Other long-term liabilities1,3051,177
Total liabilities16,83114,900
Shareholders’ Equity:  
Preferred stock, without par value; 1,000,000 shares authorized; none issued00
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 189,085,602 and 190,611,458 shares at June 30, 2023 and December 30, 2022, respectively189191
Other capital15,39115,677
Retained earnings3,1112,943
Accumulated other comprehensive loss(263)(288)
Total shareholders’ equity18,42818,523
Noncontrolling interests103101
Total equity18,53118,624
Total liabilities and equity$ 35,362$ 33,524
Christopher E. Kubasik
47000
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 ship 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 tactical communications; broadband secured mobile networked communication equipment, including airborne, space, and surface data link terminals, ground stations, and transportable tactical satellite communication (SATCOM) systems for use in manned aircraft, unmanned aerial vehicles, and naval ships; and helmet and weapon mounted integrated night vision systems. This segment also offers radios, systems applications, and equipment for critical public safety and professional communications; and SATCOM terminals and battlefield management networks. Its Aviation Systems segment offers defense aviation products; commercial pilot training; and mission networks solutions 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.