Large-cap Industrials company L3Harris Technologies has logged a 4.0% change today on a trading volume of 1,615,054. The average volume for the stock is 1,522,715.
L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. Based in Melbourne, United States the company has 47,000 full time employees and a market cap of $46,170,988,544. L3Harris Technologies currently offers its equity investors a dividend that yields 2.0% per year.
The company is now trading -3.91% away from its average analyst target price of $257.02 per share. The 22 analysts following the stock have set target prices ranging from $212.0 to $324.0, and on average give L3Harris Technologies a rating of buy.
Over the last 52 weeks, LHX stock has risen 8.5%, which amounts to a -0.9% difference compared to the S&P 500. The stock's 52 week high is $265.74 whereas its 52 week low is $193.09 per share. With its net margins declining an average -10.8% over the last 6 years, L3Harris Technologies may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 21,325,000 | 1,502,000 | 7 | 16.67 |
| 2022 | 19,419,000 | 1,227,000 | 6 | 0.0 |
| 2021 | 17,062,000 | 1,062,000 | 6 | 0.0 |
| 2020 | 18,194,000 | 1,119,000 | 6 | -40.0 |
| 2019 | 12,856,000 | 1,333,000 | 10 | -28.57 |
| 2018 | 6,801,000 | 949,000 | 14 |
