L3Harris Technologies (LHX)
(Delayed Data from NYSE)
$214.54 USD
+7.18 (3.46%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $214.48 -0.06 (-0.03%) 7:58 PM ET
3-Hold of 5 3
C Value C Growth B Momentum C VGM
Company Summary
L3Harris Technologies, Inc. was formed following the merger of L3 Technologies and Harris Corporation on Jun 29, 2019. The company is a technology-oriented aerospace and defense player that delivers advanced defense and commercial technologies across air, land, sea, space and cyber domains. From the third quarter of 2023, L3Harris added another segment to its existing three business segments, following the acquisition of Aerojet Rocketdyne in July 2023. Currently, the company reports its revenues under the following four major business segments.
Integrated Mission Systems provides complex ISR systems for large military platforms; advanced electro-optical ...
Company Summary
L3Harris Technologies, Inc. was formed following the merger of L3 Technologies and Harris Corporation on Jun 29, 2019. The company is a technology-oriented aerospace and defense player that delivers advanced defense and commercial technologies across air, land, sea, space and cyber domains. From the third quarter of 2023, L3Harris added another segment to its existing three business segments, following the acquisition of Aerojet Rocketdyne in July 2023. Currently, the company reports its revenues under the following four major business segments.
Integrated Mission Systems provides complex ISR systems for large military platforms; advanced electro-optical and infrared, laser imaging and targeting sensor systems; and electrical and electronic systems and integration for maritime power and navigation solutions. In 2023, this segment’s revenues accounted for 34.1% of the company’s total revenues.
Space and Airborne Systems provides space payloads, sensors and full-mission solutions for classified, civil and commercial customers; situational awareness, optical networks and advanced wireless solutions; avionic sensors and multi-spectral situational awareness, threat warning and countermeasures capabilities for electronic warfare solutions. In 2023, this segment’s revenues accounted for 35.3% of the company’s total revenues.
Communication Systems provides tactical radio communications, SATCOM terminals and battlefield management networks; broadband secured mobile networked communication equipment and integration; weapon-mounted integrated night vision systems; and radios, applications and equipment. In 2023, this segment’s revenues accounted for 26.1% of the company’s total revenues.
Aerojet Rocketdyne (AR) segment was established following the completion of Aerojet Rocketdyne’s acquisition in July 2023. The AR segment consists of missile solutions with technologies for strategic defense, missile defense, and hypersonic and tactical systems, as well as space propulsion and power systems for national security space and exploration missions. In 2023, this segment’s revenues accounted for 5.4% of the company’s total revenues.
Corporate eliminations during 2023 amounted to $0.19 billion.
General Information
L3Harris Technologies Inc
1025 W NASA BLVD
MELBOURNE, FL 32919
Phone: 321-727-9100
Fax: 321-724-3973
Email: investorrelations@l3harris.com
Industry | Aerospace - Defense |
Sector | Aerospace |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Exp Earnings Date | 7/24/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 3.10 |
Current Year EPS Consensus Estimate | 12.73 |
Estimated Long-Term EPS Growth Rate | 8.50 |
Exp Earnings Date | 7/24/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 207.36 |
52 Week High | 218.34 |
52 Week Low | 160.25 |
Beta | 0.65 |
20 Day Moving Average | 1,010,338.19 |
Target Price Consensus | 239.32 |
4 Week | -2.69 |
12 Week | -1.01 |
YTD | -1.55 |
4 Week | 1.28 |
12 Week | -3.80 |
YTD | -6.98 |
Shares Outstanding (millions) | 190.11 |
Market Capitalization (millions) | 39,420.77 |
Short Ratio | NA |
Last Split Date | 3/31/2005 |
Dividend Yield | 2.24% |
Annual Dividend | $4.64 |
Payout Ratio | 0.37 |
Change in Payout Ratio | 0.03 |
Last Dividend Payout / Amount | 3/7/2024 / $1.16 |
Fundamental Ratios
P/E (F1) | 16.29 |
Trailing 12 Months | 16.50 |
PEG Ratio | 1.93 |
vs. Previous Year | 2.45% |
vs. Previous Quarter | 5.02% |
vs. Previous Year | 16.64% |
vs. Previous Quarter | 8.65% |
Price/Book | 2.09 |
Price/Cash Flow | 10.09 |
Price / Sales | 1.96 |
3/31/24 | NA |
12/31/23 | 12.68 |
9/30/23 | 12.66 |
3/31/24 | NA |
12/31/23 | 6.10 |
9/30/23 | 6.41 |
3/31/24 | NA |
12/31/23 | 1.01 |
9/30/23 | 0.88 |
3/31/24 | NA |
12/31/23 | 0.82 |
9/30/23 | 0.69 |
3/31/24 | NA |
12/31/23 | 12.15 |
9/30/23 | 12.60 |
3/31/24 | NA |
12/31/23 | 6.32 |
9/30/23 | 7.96 |
3/31/24 | NA |
12/31/23 | 6.29 |
9/30/23 | 8.99 |
3/31/24 | NA |
12/31/23 | 99.34 |
9/30/23 | 98.74 |
3/31/24 | NA |
12/31/23 | 9.22 |
9/30/23 | 9.10 |
3/31/24 | NA |
12/31/23 | 0.59 |
9/30/23 | 0.60 |
3/31/24 | NA |
12/31/23 | 37.21 |
9/30/23 | 37.31 |