L3Harris Technologies logged a 0.2% change during today's morning session, and is now trading at a price of $172.64 per share. The S&P 500 index moved 1.0%. LHX's trading volume is 66,866 compared to the stock's average volume of 1,098,506.
L3Harris Technologies trades -24.68% away from its average analyst target price of $229.22 per share. The 18 analysts following the stock have set target prices ranging from $164.0 to $338.0, and on average have given L3Harris Technologies a rating of buy.
Anyone interested in buying LHX should be aware of the facts below:
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L3Harris Technologies's current price is 66.2% above its Graham number of $103.85, which implies that at its current valuation it does not offer a margin of safety
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L3Harris Technologies has moved -16.0% over the last year, and the S&P 500 logged a change of 22.0%
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Based on its trailing earnings per share of 4.22, L3Harris Technologies has a trailing 12 month Price to Earnings (P/E) ratio of 40.9 while the S&P 500 average is 15.97
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LHX has a forward P/E ratio of 12.9 based on its forward 12 month price to earnings (EPS) of $13.41 per share
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The company has a price to earnings growth (PEG) ratio of 12.33 — a number near or below 1 signifying that L3Harris Technologies is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 1.77 compared to its sector average of 3.78
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L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide.
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Based in Melbourne, the company has 46,000 full time employees and a market cap of $32.65 Billion. L3Harris Technologies currently returns an annual dividend yield of 2.6%.