Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Harris Corp. (HRS - Analyst Report) recently announced that it has won a four-year contract worth $37 million from the Veterans Benefits Administration’s (VBA) Enterprise Data Warehouse.

Per the deal, Harris will offer services to the VBA department which includes design, development, enhancement, integration, implementation, maintenance and infrastructure facilities.

The data from the data warehouse is mainly used by the VBA officials working across 57 regions, to deal with fraudulent activities, execute financial auditing and send intelligence reports to Congress. Thus, the implementation of Harris’s predictive analytics will certainly boost the overall performance of VBA’s Data Warehouse department.

Recently, Harris Corp. reported third-quarter 2013 financial results, where the bottom line was in line with the Zacks Consensus Estimate but the top line missed the same. Total orders generated during the quarter were worth $1.13 billion.

Harris currently carries a Zacks Rank #3 (Hold).

Other Stocks to Consider

Some other stocks in the defense sector and public safety are General Dynamics Corp. (GD - Analyst Report), The Boeing Co. (BA - Analyst Report) and Motorola Solutions Inc. (MSI - Analyst Report). While net earnings of General Dynamics missed the Zacks Consensus Estimate in the first quarter, Motorola Solutions and Boeing handily surpassed the Zacks Consensus Estimate. Boeing, Motorola Solutions and General Dynamics carry a Zacks Rank #3 (Hold).

Harris Corporation, based in Melbourne, FL, remains one of the leaders in the public safety and professional communication market and boasts products ranging from industry leading multi-band, multi-mode radios, public safety-grade broadband voice, video and data solutions.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GROUP DXYN 15.84 +7.90%
BOFL HOLDING BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%