L3harris Technologies Stock Performance
| LHX Stock | USD 197.61 2.39 1.19% |
The firm secures a Beta (Market Risk) of 0.51, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, L3Harris Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding L3Harris Technologies is expected to be smaller as well. At this point, L3Harris Technologies has a negative expected return of -0.34%. Please make sure to verify L3Harris Technologies' standard deviation, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if L3Harris Technologies performance from the past will be repeated at some future date.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days L3Harris Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's technical indicators remain fairly strong which may send shares a bit higher in March 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Actual Historical Performance (%)
One Day Return (1.19) | Five Day Return (4.07) | Year To Date Return (4.70) | Ten Year Return 152.96 | All Time Return 5.6 K |
Forward Dividend Yield 0.0235 | Payout Ratio | Forward Dividend Rate 4.64 | Dividend Date 2024-12-06 | Ex Dividend Date 2024-11-18 |
| L3Harris Technologies dividend paid on 6th of December 2024 | 12/06/2024 |
1 | Harris obsessed with delivery as party meets to mull plan for new government | 01/17/2025 |
2 | Disposition of 2362 shares by Christoph Feddersen of L3Harris Technologies subject to Rule 16b-3 | 01/22/2025 |
3 | 60 Minutes publishes transcript of Harris interview amid FCC investigation | 02/05/2025 |
4 | Kamala Harris 60 Minutes interview transcript, raw footage published amid FCC probe | 02/07/2025 |
5 | News influencers favored Trump over Harris during campaign, study finds | 02/10/2025 |
6 | Trump questions the legitimacy of Kamala Harris popular vote totals | 02/11/2025 |
7 | Nexstar Names Ric Harris as Vice President and General Manager of Its Broadcast and Digital Operations in Chicago, Illinois | 02/12/2025 |
8 | Rite Aid names new CMO Bryant Harris, former Wakefern exec | 02/13/2025 |
9 | Trump official hints at potential governors run if Harris throws hat in | 02/14/2025 |
| Begin Period Cash Flow | 880 M |
L3Harris |
L3Harris Technologies Relative Risk vs. Return Landscape
If you would invest 24,427 in L3Harris Technologies on November 18, 2024 and sell it today you would lose (4,666) from holding L3Harris Technologies or give up 19.1% of portfolio value over 90 days. L3Harris Technologies is generating negative expected returns assuming volatility of 1.3372% on return distribution over 90 days investment horizon. In other words, 11% of stocks are less volatile than L3Harris, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
L3Harris Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for L3Harris Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as L3Harris Technologies, and traders can use it to determine the average amount a L3Harris Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2528
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LHX |
Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.25 actual daily | 0 Most of other assets perform better |
Based on monthly moving average L3Harris Technologies is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of L3Harris Technologies by adding L3Harris Technologies to a well-diversified portfolio.
L3Harris Technologies Fundamentals Growth
L3Harris Stock prices reflect investors' perceptions of the future prospects and financial health of L3Harris Technologies, and L3Harris Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on L3Harris Stock performance.
| Return On Equity | 0.0787 | ||||
| Return On Asset | 0.0345 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 49.1 B | ||||
| Shares Outstanding | 189.67 M | ||||
| Price To Earning | 39.56 X | ||||
| Price To Book | 1.92 X | ||||
| Price To Sales | 1.76 X | ||||
| Revenue | 19.42 B | ||||
| Gross Profit | 5.52 B | ||||
| EBITDA | 2.93 B | ||||
| Net Income | 1.23 B | ||||
| Cash And Equivalents | 941 M | ||||
| Cash Per Share | 2.78 X | ||||
| Total Debt | 13.95 B | ||||
| Debt To Equity | 0.42 % | ||||
| Current Ratio | 1.10 X | ||||
| Book Value Per Share | 103.21 X | ||||
| Cash Flow From Operations | 2.1 B | ||||
| Earnings Per Share | 7.86 X | ||||
| Market Capitalization | 37.48 B | ||||
| Total Asset | 41.69 B | ||||
| Retained Earnings | 3.22 B | ||||
| Working Capital | 51 M | ||||
| Current Asset | 2.33 B | ||||
| Current Liabilities | 1.46 B | ||||
About L3Harris Technologies Performance
Evaluating L3Harris Technologies' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if L3Harris Technologies has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if L3Harris Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 30.72 | 28.82 | |
| Return On Tangible Assets | 0.11 | 0.19 | |
| Return On Capital Employed | 0.06 | 0.09 | |
| Return On Assets | 0.04 | 0.05 | |
| Return On Equity | 0.08 | 0.10 |
Things to note about L3Harris Technologies performance evaluation
Checking the ongoing alerts about L3Harris Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for L3Harris Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| L3Harris Technologies generated a negative expected return over the last 90 days | |
| L3Harris Technologies is unlikely to experience financial distress in the next 2 years | |
| Over 88.0% of the company shares are owned by institutional investors | |
| Latest headline from newsweek.com: Trump official hints at potential governors run if Harris throws hat in |
- Analyzing L3Harris Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether L3Harris Technologies' stock is overvalued or undervalued compared to its peers.
- Examining L3Harris Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating L3Harris Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of L3Harris Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of L3Harris Technologies' stock. These opinions can provide insight into L3Harris Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
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.