L3Harris Technologies (LHX)
(Delayed Data from NYSE)
$230.46 USD
+0.75 (0.33%)
Updated Sep 19, 2024 04:00 PM ET
After-Market: $230.46 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
C Value D Growth D Momentum D VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
LHX 230.46 +0.75(0.33%)
Will LHX be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for LHX based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for LHX
L3Harris Starts Producing Viper Shield EW Suite for F-16 Aircraft
L3Harris Wins $587M Contract for Next Generation Jammer-Low Band
LHX: What are Zacks experts saying now?
Zacks Private Portfolio Services
NDMA to Acquire Lockheed Martin's Three More TPY-4 Radars
Teledyne Wins Deal to Supply Multi-Spectral Imaging Systems
Lockheed Wins a $3.4B Deal for Guided Multiple Launch Rocket System
Other News for LHX
Columbus Citizens Foundation announces Grand Marshal for the 2024 Columbus Day Parade MICHAEL T. STRIANESE will lead the parade Monday, Oct. 14
BlackRock Equity Dividend VI Fund Q2 2024 Commentary
BlackRock Basic Value VI Fund Q2 2024 Commentary
BlackRock Mid-Cap Value Fund Q2 2024 Commentary
L3Harris Completes Spectrum Dominance Milestone