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L3Harris Technologies (LHX)

(Real Time Quote from BATS)

$216.27 USD

216.27
227,640

+1.52 (0.71%)

Updated May 7, 2024 01:30 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value D Growth A Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 29% (74 out of 251)

Industry: Aerospace - Defense

Better trading starts here.

Zacks News

L3Harris (LHX) Rewards Shareholders With 1.8% Dividend Hike

L3Harris (LHX) continues to reward shareholders through dividend hikes. It has been increasing dividends for 23 consecutive years.

Ritujay Ghosh headshot

4 Stocks in Focus That Recently Announced Dividend Hikes

CSG Systems International, Inc. (CSGS), Ramaco Resources, Inc. (METC), L3Harris Technologies, Inc. (LHX) and Universal Display Corporation (OLED) recently hiked their dividends.

L3Harris (LHX) Q4 Earnings Beat, Revenues Increase Y/Y

L3Harris' (LHX) fourth-quarter revenues of $5,340 million beats the Zacks Consensus Estimate by 0.9%. The figure also rises 17% from the year-ago quarter's level.

Here's What Key Metrics Tell Us About L3Harris (LHX) Q4 Earnings

While the top- and bottom-line numbers for L3Harris (LHX) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

L3Harris (LHX) Q4 Earnings and Revenues Beat Estimates

L3Harris (LHX) delivered earnings and revenue surprises of 1.21% and 0.98%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

General Dynamics' (GD) Q4 Earnings Miss, Revenues Up Y/Y

General Dynamics' (GD) Q4 sales beat estimates. The top line also improves 7.5% from the prior-year reported figure. The company benefits from a strong cash flow.

Will Sales Volume Benefit L3Harris (LHX) in Q4 Earnings?

L3Harris' (LHX) Q4 results are likely to reflect solid sales volume growth in the majority of its segments. However, increased interest expenses might have negatively impacted its earnings.

Textron (TXT) Q4 Earnings Surpass Estimates

Textron (TXT) delivered earnings and revenue surprises of 4.58% and 0.65%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Will Segmental Performance Aid Textron's (TXT) Q4 Earnings?

Textron's (TXT) Q4 results are likely to reflect solid sales performance from the majority of its businesses, except the Industrial unit, as well as a favorable pricing impact.

Will Poor Segmental Performance Hit Lockheed's (LMT) Q4 Earnings?

Lockheed's (LMT) Q4 results are likely to be impacted by a dismal top-line performance, lower equity earnings from ULA, lower segment profit and higher net interest expense.

Will Higher Interest Expenses Impact RTX in Q4 Earnings?

RTX's Q4 results are likely to reflect the benefits of growing commercial air traffic. However, lower pension income, higher effective tax rate and interest expense might have hurt its earnings performance.

L3Harris (LHX) Receives $919M Satellite Contract From SDA

L3Harris Technologies (LHX) is set to expand its presence in the satellite defense market with the latest contract provided by SDA.

L3Harris (LHX) Earnings Expected to Grow: Should You Buy?

L3Harris (LHX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

RTX's Unit Achieves Operational Readiness for GhostEye MR

RTX's Raytheon is set to expand its footprint in the global radar market, with the GhostEye MR contributing to the needs of the U.S. Air Force.

Yashwardhan Jain headshot

Consider Defense ETFs Amid Positive Industry Outlook

With the current geopolitical landscape and increasing demand for defense equipment, investing in defense ETFs can be beneficial.

Triumph Group (TGI) to Sell Product-Support Business for $725M

Triumph Group (TGI) is set to benefit from the divestiture of its Product Support business through debt reduction and better capital allocation.

Strength Seen in L3Harris (LHX): Can Its 3.9% Jump Turn into More Strength?

L3Harris (LHX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Northrop (NOC) Wins Contract to Aid Marine Sensor System

Northrop (NOC) is set to procure 12 items to support the WSN-7 ship inertial navigation system.

RTX Secures a $321M Contract to Build Silent Knight Radar Systems

RTX will be engaged in the continued production and delivery of Silent Knight Radar systems and initial spare components to support USSOCOM.

RTX Secures a $225M Navy Contract to Aid Radar Production

RTX wins a contract to provide integration and production support for Air and Missile Defense Radar and Enterprise Air Surveillance Radar.

Why Is Leidos (LDOS) Up 5% Since Last Earnings Report?

Leidos (LDOS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

RTX's Business Unit Unveils Arcus Training Image Generator

RTX's Collins Aerospace is set to expand its training and simulation portfolio with the introduction of Arcus.

Northrop (NOC) Wins $265M Deal to Aid the G/ATOR Program

Northrop (NOC) is set to provide sustaining engineering and logistics support services for the G/ATOR program.