Large-cap Industrials company L3Harris Technologies has logged a 2.7% change today on a trading volume of 1,990,181. The average volume for the stock is 1,297,711.
L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. Based in Melbourne, United States the company has 46,000 full time employees and a market cap of $38,110,810,112. L3Harris Technologies currently offers its equity investors a dividend that yields 2.3% per year.
The company is now trading -9.17% away from its average analyst target price of $221.38 per share. The 21 analysts following the stock have set target prices ranging from $162.0 to $338.0, and on average give L3Harris Technologies a rating of buy.
Over the last 12 months LHX shares have declined by -10.0%, which represents a difference of -25.4% when compared to the S&P 500. The stock's 52 week high is $221.03 per share and its 52 week low is $160.25. With its net margins declining an average -5.2% over the last 6 years, L3Harris Technologies declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 18,657,000 | 1,489,000 | 8 | 33.33 |
| 2022 | 17,062,000 | 1,062,000 | 6 | -40.0 |
| 2021 | 17,814,000 | 1,847,000 | 10 | 0.0 |
| 2020 | 12,856,000 | 1,347,000 | 10 | -28.57 |
| 2019 | 6,801,000 | 953,000 | 14 | 27.27 |
| 2018 | 6,182,000 | 702,000 | 11 |
