L1HX34 Stock Overview
L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide.
L3Harris Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$301.50|
|52 Week High||US$337.27|
|52 Week Low||US$274.68|
|1 Month Change||1.01%|
|3 Month Change||n/a|
|1 Year Change||7.68%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||28.68%|
Recent News & Updates
|L1HX34||BR Aerospace & Defense||BR Market|
Return vs Industry: L1HX34 exceeded the BR Aerospace & Defense industry which returned 5.3% over the past year.
Return vs Market: L1HX34 exceeded the BR Market which returned -20.2% over the past year.
|L1HX34 Average Weekly Movement||n/a|
|Aerospace & Defense Industry Average Movement||6.9%|
|Market Average Movement||6.4%|
|10% most volatile stocks in BR Market||10.0%|
|10% least volatile stocks in BR Market||3.0%|
Stable Share Price: Insufficient data to determine L1HX34's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine L1HX34's volatility change over the past year.
About the Company
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.
L3Harris Technologies Fundamentals Summary
|L1HX34 fundamental statistics|
Is L1HX34 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|L1HX34 income statement (TTM)|
|Cost of Revenue||US$12.12b|
Last Reported Earnings
Apr 01, 2022
Next Earnings Date
|Earnings per share (EPS)||9.61|
|Net Profit Margin||10.68%|
How did L1HX34 perform over the long term?See historical performance and comparison
1.9%Current Dividend Yield
Does L1HX34 pay a reliable dividends?See L1HX34 dividend history and benchmarks
|L3Harris Technologies dividend dates|
|Ex Dividend Date||Jun 02 2022|
|Dividend Pay Date||Jun 23 2022|
|Days until Ex dividend||11 days|
|Days until Dividend pay date||32 days|
Does L1HX34 pay a reliable dividends?See L1HX34 dividend history and benchmarks
Is L3Harris Technologies undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: L1HX34 (R$301.5) is trading below our estimate of fair value (R$413.11)
Significantly Below Fair Value: L1HX34 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: L1HX34 is good value based on its PE Ratio (24.2x) compared to the Global Aerospace & Defense industry average (29.1x).
PE vs Market: L1HX34 is poor value based on its PE Ratio (24.2x) compared to the BR market (8.6x).
Price to Earnings Growth Ratio
PEG Ratio: L1HX34 is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: L1HX34 is good value based on its PB Ratio (2.3x) compared to the XX Aerospace & Defense industry average (2.6x).
How is L3Harris Technologies forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: L1HX34's forecast earnings growth (8.9% per year) is below the savings rate (9.1%).
Earnings vs Market: L1HX34's earnings (8.9% per year) are forecast to grow faster than the BR market (6% per year).
High Growth Earnings: L1HX34's earnings are forecast to grow, but not significantly.
Revenue vs Market: L1HX34's revenue (5% per year) is forecast to grow slower than the BR market (6.2% per year).
High Growth Revenue: L1HX34's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: L1HX34's Return on Equity is forecast to be low in 3 years time (15.4%).
How has L3Harris Technologies performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: L1HX34 has high quality earnings.
Growing Profit Margin: L1HX34's current net profit margins (10.7%) are higher than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: L1HX34's earnings have grown significantly by 22.9% per year over the past 5 years.
Accelerating Growth: L1HX34's earnings growth over the past year (35.3%) exceeds its 5-year average (22.9% per year).
Earnings vs Industry: L1HX34 earnings growth over the past year (35.3%) exceeded the Aerospace & Defense industry 16.5%.
Return on Equity
High ROE: L1HX34's Return on Equity (9.6%) is considered low.
How is L3Harris Technologies's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: L1HX34's short term assets ($6.2B) exceed its short term liabilities ($4.7B).
Long Term Liabilities: L1HX34's short term assets ($6.2B) do not cover its long term liabilities ($10.3B).
Debt to Equity History and Analysis
Debt Level: L1HX34's net debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: L1HX34's debt to equity ratio has reduced from 144.4% to 36.5% over the past 5 years.
Debt Coverage: L1HX34's debt is well covered by operating cash flow (29.2%).
Interest Coverage: L1HX34's interest payments on its debt are well covered by EBIT (9.8x coverage).
What is L3Harris Technologies's current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: L1HX34's dividend (1.92%) is higher than the bottom 25% of dividend payers in the BR market (1.37%).
High Dividend: L1HX34's dividend (1.92%) is low compared to the top 25% of dividend payers in the BR market (6.65%).
Stability and Growth of Payments
Stable Dividend: L1HX34's dividends per share have been stable in the past 10 years.
Growing Dividend: L1HX34's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.6%), L1HX34's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.8%), L1HX34's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Kubasik (60 yo)
Mr. Christopher E. Kubasik, also known as Chris, CPA, has been the Chief Executive Officer at L3Harris Technologies, Inc. since June 29, 2021. He is the Vice Chairman at L3Harris Technologies, Inc., since...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD15.70M) is above average for companies of similar size in the BR market ($USD6.47M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Experienced Management: L1HX34's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: L1HX34's board of directors are considered experienced (3.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
L3Harris Technologies, Inc.'s employee growth, exchange listings and data sources
- Name: L3Harris Technologies, Inc.
- Ticker: L1HX34
- Exchange: BOVESPA
- Founded: 1895
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Implied Market Cap: US$44.245b
- Listing Market Cap: US$215.391b
- Shares outstanding: 192.87m
- Website: https://www.l3harris.com
Number of Employees
- L3Harris Technologies, Inc.
- 1025 West NASA Boulevard
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/20 00:00|
|End of Day Share Price||2022/05/13 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.