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LHX

LHX - L3Harris Technologies Inc Stock Price, Fair Value and News

200.41USD-2.81 (-1.38%)Market Closed

Market Summary

LHX
USD200.41-2.81
Market Closed
-1.38%

LHX Alerts

  • 1 major insider buys and 2 major insider sales recently.

LHX Stock Price

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LHX RSI Chart

LHX Valuation

Market Cap

38.6B

Price/Earnings (Trailing)

31.49

Price/Sales (Trailing)

1.99

EV/EBITDA

46.23

Price/Free Cashflow

23.46

LHX Price/Sales (Trailing)

LHX Profitability

EBT Margin

6.29%

Return on Equity

6.54%

Return on Assets

2.94%

Free Cashflow Yield

4.26%

LHX Fundamentals

LHX Revenue

Revenue (TTM)

19.4B

Rev. Growth (Yr)

16.64%

Rev. Growth (Qtr)

8.65%

LHX Earnings

Earnings (TTM)

1.2B

Earnings Growth (Yr)

-62.02%

Earnings Growth (Qtr)

-58.75%

Breaking Down LHX Revenue

Last 7 days

-2.5%

Last 30 days

-4.5%

Last 90 days

-0.9%

Trailing 12 Months

1.4%

How does LHX drawdown profile look like?

LHX Financial Health

Current Ratio

1.01

Debt/Equity

0.59

Debt/Cashflow

0.19

LHX Investor Care

Dividend Yield

2.24%

Dividend/Share (TTM)

4.56

Buy Backs (1Y)

0.26%

Diluted EPS (TTM)

6.44

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202317.4B18.0B18.7B19.4B
202217.4B16.8B16.8B17.1B
202118.1B18.4B18.1B17.8B
202015.8B18.3B18.4B18.2B
20196.6B6.8B9.7B12.9B
20186.0B6.2B6.3B6.4B
20175.6B5.9B5.9B6.0B
20165.4B6.3B5.9B5.6B
20154.9B3.9B4.5B5.1B
20145.0B5.0B5.0B5.0B
20135.2B5.1B5.0B5.0B
20125.2B5.5B5.4B5.4B
20115.7B5.4B5.3B5.2B
20105.0B5.2B5.4B5.6B
20094.9B5.0B5.0B4.9B
200804.6B4.7B4.8B
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Tracking the Latest Insider Buys and Sells of L3Harris Technologies Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
geraghty joanna
acquired
37,499
208
179
-
Apr 01, 2024
zamarro christina l
acquired
37,499
208
179
-
Apr 01, 2024
millard robert b
acquired
50,000
208
239
-
Apr 01, 2024
chiarelli peter w
acquired
4,999
208
23.97
-
Mar 26, 2024
kubasik christopher e
acquired
608,528
97.24
6,258
chair and ceo
Mar 26, 2024
kubasik christopher e
sold
-1,326,130
211
-6,258
chair and ceo
Mar 25, 2024
kubasik christopher e
sold
-8,488,800
212
-40,000
chair and ceo
Mar 25, 2024
kubasik christopher e
acquired
3,889,600
97.24
40,000
chair and ceo
Mar 18, 2024
mikuen scott t
sold
-715,848
212
-3,363
sr vp-general counsel & secy
Mar 15, 2024
mikuen scott t
sold
-272,793
211
-1,292
sr vp-general counsel & secy

1–10 of 50

Which funds bought or sold LHX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
Lion Street Advisors, LLC
unchanged
-
-
391,751
0.16%
Apr 12, 2024
CENTRAL VALLEY ADVISORS, LLC
added
109
1,303,350
2,464,500
1.27%
Apr 12, 2024
CHICAGO TRUST Co NA
unchanged
-
5,101
438,346
0.09%
Apr 12, 2024
Riverview Trust Co
new
-
110,173
110,173
0.09%
Apr 12, 2024
Traynor Capital Management, Inc.
added
11.73
633,247
5,490,250
0.48%
Apr 12, 2024
First PREMIER Bank
unchanged
-
-
3,000
-%
Apr 12, 2024
DOLIVER ADVISORS, LP
reduced
-1.26
-1,273
1,247,910
0.35%
Apr 12, 2024
Allen Mooney & Barnes Investment Advisors LLC
added
0.13
-369,906
9,425,590
1.81%
Apr 12, 2024
Dynamic Advisor Solutions LLC
reduced
-25.85
-99,775
334,452
0.01%
Apr 12, 2024
Financial Synergies Wealth Advisors, Inc.
sold off
-100
-625
-
-%

1–10 of 48

Are Funds Buying or Selling LHX?

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

Unveiling L3Harris Technologies Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
price t rowe associates inc /md/
5.1%
9,584,760
SC 13G
Feb 09, 2024
capital world investors
8.5%
16,152,117
SC 13G/A
Jan 25, 2024
blackrock inc.
9.2%
17,403,276
SC 13G/A
Jan 10, 2024
vanguard group inc
10.65%
20,186,424
SC 13G/A
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

Recent SEC filings of L3Harris Technologies Inc

View All Filings
Date Filed Form Type Document
Apr 10, 2024
8-K
Current Report
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Mar 29, 2024
PX14A6G
PX14A6G
Mar 27, 2024
4
Insider Trading
Mar 26, 2024
144
Notice of Insider Sale Intent
Mar 25, 2024
144
Notice of Insider Sale Intent
Mar 18, 2024
4
Insider Trading

Peers (Alternatives to L3Harris Technologies Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
102.4B
77.8B
-8.05% -16.79%
-46.09
1.32
16.79% 54.97%
78.0B
42.3B
3.42% 25.01%
23.52
1.84
7.27% -2.21%
38.6B
19.4B
-4.53% 1.35%
31.49
1.99
13.81% 15.54%
26.8B
3.2B
3.50% 15.08%
62.99
8.26
38.68% 18.86%
26.0B
6.6B
-4.18% 49.20%
34.04
3.92
17.25% 63.11%
22.8B
1.6B
-1.46% 35.40%
131.03
14.6
31.38% 18.41%
10.9B
11.5B
-4.83% 31.01%
15.99
0.95
7.29% 17.62%
MID-CAP
9.4B
2.8B
1.78% 41.14%
26.65
3.32
11.28% 20.44%
8.6B
2.5B
-5.65% 46.47%
34.85
3.43
11.80% 3.22%
4.1B
705.8M
-1.56% 37.58%
-33.9
5.83
44.89% -1448.45%
SMALL-CAP
812.0M
757.0M
10.37% 6.55%
50.98
1.07
6.24% -44.67%
408.0M
6.8M
-38.55% -69.37%
-0.81
60.01
194.12% -0.44%
112.4M
37.6M
-15.37% -10.43%
17.61
2.99
36.42% 25.49%
68.4M
642.5K
11.07% -23.40%
29.02
106.42
-97.11% -47.43%
16.5M
2.0M
9.12% -10.03%
-1.61
8.29
371.33% -13.01%

L3Harris Technologies Inc News

Latest updates
Yahoo Canada Finance8 hours ago
Yahoo Lifestyle Australia38 hours ago

L3Harris Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue8.6%5,3404,9154,6934,4714,5784,2464,1354,1034,3504,2294,6684,5674,6604,4634,4454,6264,8324,4311,8651,7281,666
Operating Expenses-----------------928999349310304
  S&GA Expenses6.0%878828783773771742744745795793891801831817855812882999349310-
EBITDA Margin-35.7%0.05*0.09*-0.02*-0.01*0.00*0.08*0.14*0.14*0.13*0.11*0.10*0.09*---------
Interest Expenses-7.5%-171-159-111-102-74.00-70.00-67.00-68.00-67.00-67.00-65.00-66.00-129-62.00-65.0068.00-35367.0039.0043.0043.00
Income Taxes-377.8%-50.0018.0021.0034.00116-20.0055.0061.0010410716960.0063.0087.0058.0026.0068.005.0033.0040.0046.00
Earnings Before Taxes-81.0%76.00400372373533-321525536588586582527247518336221468440302283271
EBT Margin-30.1%0.06*0.09*-0.02*-0.01*0.00*0.08*0.13*0.13*0.13*0.11*0.10*0.09*---------
Net Income-58.7%158383349337416-300471475484481413468193426283217393429268243225
Net Income Margin-20.6%0.06*0.08*0.04*0.05*0.06*0.07*0.11*0.11*0.10*0.09*0.08*0.08*---------
Free Cashflow65.1%652395321279711524687-16.00687405659594---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.4%41,68742,29335,36235,50733,52433,38134,13834,44434,70935,01836,06436,59036,96037,14537,85238,10538,33638,94710,1179,7929,852
  Current Assets7.4%8,0557,5016,8507,0006,7546,4316,1886,2496,3596,6267,5897,5386,6676,3936,9267,2116,3127,0272,5782,2852,311
    Cash Equivalents12.2%5604993665458805294204029411,1262,0299761,2761,3411,9476638241,001530334343
  Inventory-10.1%1,4721,6381,5551,5411,2911,3391,2411,0909821,0248729049738948599901,2191,339360433425
  Net PPE----------2,0442,0262,1362,1022,0472,0152,0322,1172,073894904901
  Goodwill-3.7%19,97920,73618,41718,29117,28317,26018,14318,19418,18918,20718,23418,25218,87618,99214,58219,26520,00115,4235,3405,3715,370
Liabilities-3.0%22,85823,57716,83117,09914,900----------------
  Current Liabilities-5.6%8,0048,4826,3096,1515,7765,8534,8844,7374,5514,3134,4644,2314,2404,6664,5875,1234,0094,7182,2681,6061,822
  Short Term Borrowings-21.2%1,6022,0335822.002.002.002.003.002.002.003.002.002.002.002.002.003.003.00103103103
  Long Term Debt0.2%11,16011,1407,8678,2206,2255,9676,7826,7957,0487,0537,0617,0666,9436,2616,2736,2946,6946,3072,7633,4123,411
Shareholder's Equity0.8%18,76518,61618,53118,40818,52318,43919,19019,36619,31919,59419,97620,48220,84121,43922,22622,02722,74422,9253,3633,6073,412
  Retained Earnings-1.8%3,2203,2783,1112,9982,9432,7683,3123,1282,9172,7432,6332,5292,3472,3832,2502,1512,1832,0192,1731,9861,824
  Additional Paid-In Capital0.5%15,55315,47015,39115,40715,67715,74415,81416,08916,24816,84717,86318,48719,00819,31020,26020,18220,69421,2881,7781,7201,681
Shares Outstanding0.2%190189189189191192193193194203205207---------
Minority Interest-36.0%64.00100103102101102104106106110113115117126124129157152---
Float---37,362---46,385---44,062---36,994---22,331-15,387
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations45.3%78954341435078258874939.0082248472066169875780253385881.00311405352
  Share Based Compensation0%22.0022.0022.0023.0017.0023.0041.0028.0029.0033.0034.0033.0023.0031.0024.0016.00-18.00143-28.5037.0032.00
Cashflow From Investing98.3%-83.00-4,864-26.00-2,048-62.00-67.00-57.00-64.00-6.0093.001,368-61.00-47.00-47.00903-58.00-94.001,414-55.00-37.00-36.00
Cashflow From Financing-114.8%-6604,460-5671,361-385-392-661-513-1,000-1,476-1,037-900-739-1,331-430-612-957-1,014-59.00-380-273
  Dividend Payments0%21621621622021421521721819920220720917917918418316017781.0081.0081.00
  Buy Backs---1223961831714213088001,3258507004401,150-700750750-5.005.001.00

LHX Income Statement

2023-12-29
CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 29, 2023
Dec. 30, 2022
Dec. 31, 2021
Revenue   
Revenue$ 19,419$ 17,062$ 17,814
Cost of revenue   
Cost of revenue(14,306)(12,135)(12,438)
General and administrative expenses(3,262)(3,006)(3,280)
Asset group and business divestiture-related gains, net(51)8220
Impairment of goodwill and other assets(374)(802)(207)
Operating income1,4261,1272,109
Non-service FAS pension income and other, net338425439
Interest expense, net(543)(279)(265)
Income from continuing operations before income taxes1,2211,2732,283
Income taxes(23)(212)(440)
Income from continuing operations1,1981,0611,843
Discontinued operations, net of income taxes00(1)
Net income1,1981,0611,842
Noncontrolling interests, net of income taxes2914
Net income attributable to L3Harris Technologies, Inc.1,2271,0621,846
Amount attributable to L3Harris Technologies, Inc. common shareholders   
Income from continuing operations1,2271,0621,847
Discontinued operations, net of income taxes00(1)
Net income attributable to L3Harris Technologies, Inc.$ 1,227$ 1,062$ 1,846
Net income per common share attributable to L3Harris Technologies, Inc. common shareholders   
Basic (in dollars per share)$ 6.47$ 5.54$ 9.17
Diluted (in dollars per share)$ 6.44$ 5.49$ 9.09
Product   
Revenue   
Revenue$ 13,694$ 12,097$ 13,156
Cost of revenue   
Cost of revenue(9,711)(8,355)(9,007)
Services   
Revenue   
Revenue5,7254,9654,658
Cost of revenue   
Cost of revenue$ (4,595)$ (3,780)$ (3,431)

LHX Balance Sheet

2023-12-29
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 29, 2023
Dec. 30, 2022
Current assets  
Cash and cash equivalents$ 560$ 880
Receivables, net1,2301,251
Contract assets3,1962,987
Inventories1,4721,291
Other current assets491298
Assets of business held for sale1,10647
Total current assets8,0556,754
Non-current assets  
Property, plant and equipment, net2,8622,104
Goodwill19,97917,283
Other intangible assets, net8,5406,001
Deferred income taxes9173
Other non-current assets2,1601,309
Total assets41,68733,524
Current liabilities  
Short-term debt1,6022
Current portion of long-term debt, net363818
Accounts payable2,1061,945
Contract liabilities1,9001,400
Compensation and benefits544398
Other accrued items1,129818
Income taxes payable88376
Liabilities of business held for sale27219
Total current liabilities8,0045,776
Non-current liabilities  
Long-term debt, net11,1606,225
Deferred income taxes815719
Other long-term liabilities2,8792,180
Total liabilities22,85814,900
Shareholders’ Equity:  
Preferred stock, without par value; 1,000,000 shares authorized; none issued00
Common stock, $1.00 par value; 500,000,000 shares authorized; issued and outstanding 189,808,581 and 190,611,458 shares at December 29, 2023 and December 30, 2022, respectively190191
Paid-in capital15,55315,677
Retained earnings3,2202,943
Accumulated other comprehensive loss(198)(288)
Total shareholders’ equity18,76518,523
Noncontrolling interests64101
Total equity18,82918,624
Total liabilities and equity$ 41,687$ 33,524
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 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.
 CEO
 WEBSITEl3harris.com
 INDUSTRYAerospace & Defense
 EMPLOYEES46000

L3Harris Technologies Inc Frequently Asked Questions


What is the ticker symbol for L3Harris Technologies Inc? What does LHX stand for in stocks?

LHX is the stock ticker symbol of L3Harris Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of L3Harris Technologies Inc (LHX)?

As of Mon Apr 15 2024, market cap of L3Harris Technologies Inc is 38.63 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LHX stock?

You can check LHX's fair value in chart for subscribers.

What is the fair value of LHX stock?

You can check LHX's fair value in chart for subscribers. The fair value of L3Harris Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of L3Harris Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LHX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is L3Harris Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether LHX is over valued or under valued. Whether L3Harris Technologies Inc is cheap or expensive depends on the assumptions which impact L3Harris Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LHX.

What is L3Harris Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, LHX's PE ratio (Price to Earnings) is 31.49 and Price to Sales (PS) ratio is 1.99. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LHX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on L3Harris Technologies Inc's stock?

In the past 10 years, L3Harris Technologies Inc has provided 0.128 (multiply by 100 for percentage) rate of return.