L3Harris Historical Valuation

LHX Stock  USD 248.16  1.56  0.63%   
Some fundamental drivers such as market cap or L3Harris Technologies enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze L3Harris Technologies valuation indicators such as to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of L3Harris Technologies's future value.
  
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About L3Harris Valuation Data Analysis

Valuation is the financial process of determining what L3Harris Technologies is worth. L3Harris Technologies valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. L3Harris Technologies valuation ratios help investors to determine whether L3Harris Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in L3Harris with respect to the benefits of owning L3Harris Technologies security.

L3Harris Technologies Valuation Data Chart

Market Cap is likely to rise to about 2.1 B in 2024, whereas Enterprise Value is likely to drop slightly above 2.2 B in 2024.

Enterprise Value

Enterprise Value (or EV) is usually referred to as L3Harris Technologies theoretical takeover price. In the event of an acquisition, an acquirer would have to take on L3Harris Technologies debt, but would also pocket its cash. Enterprise Value is more accurate representation of L3Harris Technologies value than its market capitalization because it takes into account all of L3Harris Technologies existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for L3Harris Stock Analysis

When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.