LHX 📈 L3Harris Technologies - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US5024311095
LHX: Radar, Satellites, Communication Systems, Electronics, Propulsion, Defense
L3Harris Technologies Inc is a global leader in providing cutting-edge, mission-critical solutions to government and commercial customers across the world. The company operates through multiple segments, each focused on delivering specialized technologies and services. For instance, its Integrated Mission Systems segment offers a wide range of capabilities, including intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors. This segment also develops advanced combat systems for various domains, including air, land, and sea, highlighting the company's commitment to supporting complex military operations.
The Space and Airborne Systems segment is another key area of focus for L3Harris, where it designs and delivers space payloads, sensors, and full-mission solutions. This includes classified intelligence and cyber capabilities, mission avionics, electronic warfare systems, and mission networks systems that support air traffic management operations. By providing these advanced technologies, L3Harris plays a critical role in enhancing the operational effectiveness of its customers. Furthermore, the company's expertise in space and airborne systems underscores its ability to support a broad range of applications, from national security to space exploration.
In the realm of communication systems, L3Harris offers a comprehensive suite of solutions, including broadband communications, tactical radios, software, satellite terminals, and end-to-end battlefield systems. These capabilities are designed to support the U.S. Department of Defense, as well as international, federal, and state agency customers. Additionally, the company provides integrated vision solutions, such as helmet-mounted integrated night vision goggles with advanced image intensifier tubes, and weapon-mounted sights, aiming lasers, and range finders. Public safety radios and system applications and equipment are also part of the company's portfolio, demonstrating its commitment to supporting both military and civilian applications.
L3Harris's Aerojet Rocketdyne segment is a leading provider of propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems. The company also develops space propulsion and power systems for national security, space, and exploration missions. With a history dating back to 1895, L3Harris has evolved significantly over the years, culminating in its current form following the merger that led to its name change in June 2019. Headquartered in Melbourne, Florida, the company continues to innovate and expand its capabilities, solidifying its position as a major player in the aerospace and defense industry.
As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol LHX, L3Harris Technologies Inc is committed to transparency and accountability. With its common stock traded under the ISIN US5024311095 and classified under the GICS Sub Industry: Aerospace & Defense, the company is well-positioned to continue delivering value to its shareholders and customers alike. For more information about L3Harris and its comprehensive range of products and services, visitors can access the company's website at https://www.l3harris.com.
Additional Sources for LHX Stock
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LHX Stock Overview
Market Cap in USD | 46,706m |
Sector | Industrials |
Industry | Aerospace & Defense |
GiC Sub-Industry | Aerospace & Defense |
IPO / Inception | 1981-12-31 |
LHX Stock Ratings
Growth 5y | 35.7% |
Fundamental | 16.0% |
Dividend | 66.1% |
Rel. Strength Industry | -79.5 |
Analysts | 4.13/5 |
Fair Price Momentum | 203.92 USD |
Fair Price DCF | 244.44 USD |
LHX Dividends
Dividend Yield 12m | 2.17% |
Yield on Cost 5y | 2.54% |
Annual Growth 5y | 9.70% |
Payout Consistency | 96.6% |
LHX Growth Ratios
Growth Correlation 3m | -23.8% |
Growth Correlation 12m | 88.5% |
Growth Correlation 5y | 51.7% |
CAGR 5y | 3.20% |
CAGR/Mean DD 5y | 0.21 |
Sharpe Ratio 12m | 0.09 |
Alpha | -18.84 |
Beta | 0.88 |
Volatility | 25.76% |
Current Volume | 1664.8k |
Average Volume 20d | 1072.5k |
As of December 22, 2024, the stock is trading at USD 213.55 with a total of 1,664,806 shares traded.
Over the past week, the price has changed by -4.31%, over one month by -12.61%, over three months by -8.00% and over the past year by +5.49%.
Neither. Based on ValueRay Fundamental Analyses, L3Harris Technologies is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 16.04 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of LHX as of December 2024 is 203.92. This means that LHX is currently overvalued and has a potential downside of -4.51%.
L3Harris Technologies has received a consensus analysts rating of 4.13. Therefor, it is recommend to buy LHX.
- Strong Buy: 12
- Buy: 4
- Hold: 7
- Sell: 1
- Strong Sell: 0
According to ValueRays Forecast Model, LHX L3Harris Technologies will be worth about 223.1 in December 2025. The stock is currently trading at 213.55. This means that the stock has a potential upside of +4.47%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 279.1 | 30.7% |
Analysts Target Price | 223.9 | 4.8% |
ValueRay Target Price | 223.1 | 4.5% |