Here's a Quick Look Into the Fundamentals of L3Harris Technologies Stock

L3Harris Technologies marked a 0.12% change today, compared to -1.23% for the S&P 500. Is it a good value at today's price of $204.64? Only an in-depth analysis can answer that question, but here are some facts that can give you an idea:

  • L3Harris Technologies (L3Harris) is an American technology company, defense contractor and information technology services provider that produces C6ISR systems and products, wireless equipment, tactical radios, avionics and electronic systems, night vision equipment, and both terrestrial and spaceborne antennas for use in the government, defense, and commercial sectors..

  • L3Harris Technologies belongs to the Industrials sector, which has an average price to earnings (P/E) ratio of 20.49 and an average price to book (P/B) of 3.78

  • The company's P/B ratio is 2.238

  • L3Harris Technologies has a trailing 12 month Price to Earnings (P/E) ratio of 37.28 based on its trailing 12 month price to earnings (EPS) of $5.49 per share

  • Its forward P/E ratio is 15.95, based on its forward earnings per share (EPS) of $12.83

  • LHX has a Price to Earnings Growth (PEG) ratio of 1.166, which shows the company has a fair value when we factor growth into the price to earnings calculus.

  • Over the last four years, L3Harris Technologies has averaged free cash flows of $1,662,400,000.00, which on average grew 36.22%

  • LHX's gross profit margins have averaged 14.35 % over the last four years and during this time they had a growth rate of 40.65 % and a coefficient of variability of 106 %.

  • L3Harris Technologies has moved -17.89% over the last year compared to -6.8% for the S&P 500 -- a difference of -11.09%

  • LHX has an average analyst rating of none and is -22.23% away from its mean target price of $263.15 per share

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.