L3Harris Technologies (BMV:LHX *) - Stock Price, News & Analysis

LHX * Stock Overview

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide.

LHX * fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	3/6
Financial Health	3/6
Dividends	4/6

Rewards

Trading at 29.9% below our estimate of its fair value

Earnings are forecast to grow 15.9% per year

Earnings have grown 1.3% per year over the past 5 years

Pays a reliable dividend of 2.32%

Analysts in good agreement that stock price will rise by 22%

Risk Analysis

Debt is not well covered by operating cash flow

Shares are highly illiquid

Significant insider selling over the past 3 months

Large one-off items impacting financial results

L3Harris Technologies, Inc. Competitors

Grupo Carso. de

BMV:GCARSO A1

Mex$309.4b

Thales

ENXTPA:HO

€33.1b

BAE Systems

LSE:BA.

UK£40.3b

Rolls-Royce Holdings

LSE:RR.

UK£34.0b

Price History & Performance

Summary of all time highs, changes and price drops for L3Harris Technologies
Historical stock prices
Current Share Price	US$3,376.50
52 Week High	US$3,580.00
52 Week Low	US$2,984.13
Beta	0.65
1 Month Change	-5.68%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-25.77%

Recent updates

Shareholder Returns

	LHX *	MX Aerospace & Defense	MX Market
7D	0%	0%	0%
1Y	n/a	0%	0%

Return vs Industry: Insufficient data to determine how LHX * performed against the MX Aerospace & Defense industry.

Return vs Market: Insufficient data to determine how LHX * performed against the MX Market.

Price Volatility

Is LHX *'s price volatile compared to industry and market?
LHX * volatility
LHX * Average Weekly Movement	n/a
Aerospace & Defense Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in MX Market	0%
10% least volatile stocks in MX Market	0%

Stable Share Price: LHX * has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine LHX *'s volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1895	50,000	Chris Kubasik	www.l3harris.com

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company’s Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber; mission avionics; electronic warfare systems; and mission networks systems for air traffic management operations.

L3Harris Technologies, Inc. Fundamentals Summary

How do L3Harris Technologies's earnings and revenue compare to its market cap?
LHX * fundamental statistics
Market cap	Mex$648.00b
Earnings (TTM)	Mex$20.88b
Revenue (TTM)	Mex$330.43b

31.0x

P/E Ratio

2.0x

P/S Ratio

Is LHX * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LHX * income statement (TTM)
Revenue	US$19.42b
Cost of Revenue	US$14.31b
Gross Profit	US$5.11b
Other Expenses	US$3.89b
Earnings	US$1.23b

Last Reported Earnings

Dec 29, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)	6.45
Gross Margin	26.33%
Net Profit Margin	6.32%
Debt/Equity Ratio	68.4%

How did LHX * perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

70%

Payout Ratio

LHX * Stock Overview

Rewards

Risk Analysis

L3Harris Technologies, Inc. Competitors

BMV:GCARSO A1

Mex$309.4b

ENXTPA:HO

€33.1b

LSE:BA.

UK£40.3b

LSE:RR.

UK£34.0b

Price History & Performance

Recent News & Updates

L3Harris Technologies, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Senior VP recently sold Mex$17m worth of stock

L3Harris Technologies, Inc., Annual General Meeting, Apr 19, 2024

L3Harris Technologies, Inc., Annual General Meeting, Apr 19, 2024

L3Harris Technologies Announces Quarterly Dividend, Payable March on 22, 2024

Full year 2023 earnings released: EPS: US$6.47 (vs US$5.54 in FY 2022)

Recent updates

L3Harris Technologies, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Senior VP recently sold Mex$17m worth of stock

L3Harris Technologies, Inc., Annual General Meeting, Apr 19, 2024

L3Harris Technologies, Inc., Annual General Meeting, Apr 19, 2024

L3Harris Technologies Announces Quarterly Dividend, Payable March on 22, 2024

Full year 2023 earnings released: EPS: US$6.47 (vs US$5.54 in FY 2022)

L3Harris Technologies, Inc. Provides Revenue Guidance for the Full Year 2024

L3Harris Technologies, Inc. Announces Board Appointments

L3harris Technologies, Inc. Appoints Kenneth as Senior Vice President, Effective December 11, 2023

President of Space & Airborne Systems recently sold Mex$15m worth of stock

Resolute Fund VI, L.P., managed by TJC LP entered into definitive agreement to acquire Commercial Aviation Solutions business from L3Harris Technologies, Inc. (NYSE:LHX) for approximately $800 million.

Resolute Fund VI, L.P., managed by TJC LP entered into definitive agreement to acquire Commercial Aviation Solutions business from L3Harris Technologies, Inc. (NYSE:LHX) for approximately $800 million.

L3Harris Declares Quarterly Dividend, Payable Dec. 1, 2023

L3Harris Technologies, Inc. to Report Q3, 2023 Results on Oct 26, 2023

L3Harris Technologies, Inc. (NYSE:LHX) completed the acquisition Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) from a group of shareholders.

L3Harris Technologies, Inc. (NYSE:LHX) completed the acquisition Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) from a group of shareholders.

L3harris Technologies Declares Quarterly Cash Dividend, Payable September 19, 2023

L3Harris Technologies, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Full year 2022 earnings released: EPS: US$5.54 (vs US$9.18 in FY 2021)

L3Harris Technologies, Inc. Viper Shield Electronic Warfare System Achieves Critical Design Review Milestone

Full year 2022 earnings released: EPS: US$5.54 (vs US$9.18 in FY 2021)

L3Harris Technologies, Inc. to Report Q4, 2022 Results on Jan 26, 2023

L3Harris Technologies, Inc. (NYSE:LHX) completed the acquisition of Link 16 Tactical Data Links Business from Viasat, Inc. (NasdaqGS:VSAT).

NV5 Global, Inc. (NasdaqCM:NVEE) entered into an agreement to acquire Visual Information Solutions Business of L3Harris Technologies, Inc. (NYSE:LHX).

L3Harris Technologies, Inc. (NYSE:LHX) entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) for $4.8 billion.

L3Harris Technologies, Inc. (NYSE:LHX) entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) for $4.8 billion.

General Electric, L3Harris Technologies, Textron and Veritas Capital Reportedly Vying for Aerojet Rocketdyne

L3Harris Technologies, Inc. Announces Space Avionics Crucial to Successful SLS Artemis I Launch

Upcoming dividend of US$1.12 per share

Third quarter 2022 earnings released: US$1.57 loss per share (vs US$2.41 profit in 3Q 2021)

L3Harris Technologies, Inc. Declares Quarterly Dividend, Payable on December 2, 2022

L3harris Technologies Reveals New Handheld Radio Module Enabling Worldwide Communications for Warfighters in the Field

L3Harris Provides Advanced Sight Systems, Increases Lethality for Next-Generation Optionally Manned Fighting Vehicle

L3Harris Technologies, Inc. (NYSE:LHX) signed a definitive agreement to acquire Link 16 Tactical Data Links Business from Viasat, Inc. (NasdaqGS:VSAT) for $1.9 billion.

L3Harris Technologies, Inc. to Report Q3, 2022 Results on Oct 27, 2022

L3harris Technologies Announces Executive Changes, Effective October 17, 2022

Upcoming dividend of US$1.12 per share

Second quarter 2022 earnings released: EPS: US$2.45 (vs US$2.03 in 2Q 2021)

L3Harris Technologies, Inc. Declares Quarterly Dividend, Payable on September 16, 2022

L3Harris Technologies, Inc. Appoints Christina L. Zamarro to its Board of Directors

L3Harris Technologies, Inc. to Report Q2, 2022 Results on Jul 28, 2022

L3harris Infrared Space Technology to Enhance Battlefield Imagery and Missile Defense Detection

L3Harris Technologies Reportedly in Talks to Buy Israeli Spyware Firm NSO

L3harris Technologies, Inc.'s High-Resolution Weather Imager Capture First Image from Space

L3Harris Elects Joanna L. Geraghty to Board of Directors

EMCORE Corporation (NasdaqGM:EMKR) completed it's acquisition of Business and Assets and Liabilities of L3Harris Technologies, Inc. (NYSE:LHX) for approximately $5 million.

L3Harris Technologies, Inc. to Report Q1, 2022 Results on Apr 28, 2022

L3harris Declares Quarterly Dividend, Payable on June 17, 2022

L3Harris Announces Agile Development Group New Innovation Accelerator to Address Near-Peer Threats

Now 25% undervalued

Investor sentiment improved over the past week

L3harris Technologies Declares Quarterly Cash Dividend, Payable on March 25, 2022

L3Harris Technologies Announces its High-Resolution Weather Instrument Set to Launch March 1 on NOAA’s GOES-T Satellite

EMCORE Corporation (NasdaqGM:EMKR) entered into a definitive agreement to acquire Business and Assets and Liabilities of L3Harris Technologies, Inc. (NYSE:LHX) for approximately $5 million.

EMCORE Corporation (NasdaqGM:EMKR) entered into a definitive agreement to acquire Business and Assets and Liabilities of L3Harris Technologies, Inc. (NYSE:LHX) for approximately $5 million.

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

L3Harris Technologies, Inc. Provides Earnings Guidance for the Year of 2022

Shareholder Returns

Price Volatility