Is it worth buying L3Harris Technologies stock at a price of $208.37? If this question is on your mind, make sure to check out the fundamentals of this Farm & Heavy Construction Machinery large-cap company:
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L3Harris Technologies has logged a 1.4% 52 week change, compared to 23.6% for the S&P 500
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LHX has an average analyst rating of buy and is -8.76% away from its mean target price of $228.38 per share
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Its trailing earnings per share (EPS) is $7.77, which brings its trailing Price to Earnings (P/E) ratio to 26.8. The Industrials sector's average P/E ratio is 22.19
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The company's forward earnings per share (EPS) is $13.2 and its forward P/E ratio is 15.8
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The company has a Price to Book (P/B) ratio of 2.12 in contrast to the Industrials sector's average P/B ratio is 4.06
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The company's free cash flow for the last fiscal year was $1.71 Billion and the average free cash flow growth rate is 24.0%
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L3Harris Technologies's revenues have an average growth rate of 22.4% with operating expenses growing at 21.0%. The company's current operating margins stand at 9.8%