L3harris Technologies Stock Today

LHX Stock  USD 244.36  0.78  0.32%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
L3Harris Technologies is trading at 244.36 as of the 21st of November 2024; that is 0.32 percent increase since the beginning of the trading day. The stock's open price was 243.58. L3Harris Technologies has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat modest performance during the last 90 days. Note, on August 14, 2024, Representative Greg Landsman of US Congress acquired under $15k worth of L3Harris Technologies's common stock.
Business Domain
Capital Goods
IPO Date
31st of December 1981
Category
Industrials
L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida. The company has 189.67 M outstanding shares of which 1.63 M shares are now shorted by investors with about 2.3 days to cover. More on L3Harris Technologies

Moving together with L3Harris Stock

  0.95CW Curtiss WrightPairCorr
  0.74EH Ehang HoldingsPairCorr

Moving against L3Harris Stock

  0.76EVTL Vertical AerospacePairCorr
  0.67BA Boeing Fiscal Year End 29th of January 2025 PairCorr

L3Harris Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman CEOChristopher CPA
Business ConcentrationAerospace & Defense, Industrials, NYSE Composite, SP 500 Index, ARCA Networking, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03820.0532
Way Down
Slightly volatile
Asset Turnover0.990.5132
Way Up
Slightly volatile
Gross Profit Margin0.360.3018
Fairly Up
Slightly volatile
Net Debt14.1 B13.4 B
Sufficiently Up
Slightly volatile
Total Current Liabilities8.4 BB
Sufficiently Up
Slightly volatile
Non Current Liabilities Total15.6 B14.9 B
Sufficiently Up
Slightly volatile
Total Assets43.8 B41.7 B
Sufficiently Up
Slightly volatile
Total Current Assets8.3 B7.9 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities2.2 B2.1 B
Sufficiently Up
Slightly volatile
Debt Levels
L3Harris Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand L3Harris Technologies' financial leverage. It provides some insight into what part of L3Harris Technologies' total assets is financed by creditors.
Liquidity
L3Harris Technologies has 13.95 B in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. L3Harris Technologies has a current ratio of 1.08, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for L3Harris to invest in growth at high rates of return.

Dividends Paid

911.4 Million
L3Harris Technologies (LHX) is traded on New York Stock Exchange in USA. It is located in 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 and employs 50,000 people. L3Harris Technologies is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 46.35 B. L3Harris Technologies runs under Aerospace & Defense sector within Industrials industry. The entity has 189.67 M outstanding shares of which 1.63 M shares are now shorted by investors with about 2.3 days to cover. L3Harris Technologies has about 941 M in cash with 2.1 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.78.
Check L3Harris Technologies Probability Of Bankruptcy
Ownership Allocation
L3Harris Technologies maintains a total of 189.67 Million outstanding shares. The majority of L3Harris Technologies outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in L3Harris Technologies to benefit from reduced commissions. Therefore, institutional holders are subject to a different set of regulations than regular investors in L3Harris Technologies. Please pay attention to any change in the institutional holdings of L3Harris Technologies as this could imply that something significant has changed or is about to change at the company. Please note that on August 14, 2024, Representative Greg Landsman of US Congress acquired under $15k worth of L3Harris Technologies's common stock.
Check L3Harris Ownership Details

L3Harris Stock Institutional Holders

InstituionRecorded OnShares
Fmr Inc2024-09-30
M
Allspring Global Investments Holdings, Llc2024-06-30
M
Hhg Plc2024-06-30
M
Ameriprise Financial Inc2024-06-30
1.8 M
Bank Of America Corp2024-06-30
1.7 M
Massachusetts Financial Services Company2024-09-30
1.5 M
Amvescap Plc.2024-06-30
1.5 M
Northern Trust Corp2024-09-30
1.5 M
Diamond Hill Capital Management Inc2024-09-30
1.5 M
Vanguard Group Inc2024-09-30
22.9 M
Blackrock Inc2024-06-30
17.4 M
View L3Harris Technologies Diagnostics

L3Harris Technologies Historical Income Statement

At this time, L3Harris Technologies' Income Before Tax is fairly stable compared to the past year. Net Income is likely to rise to about 1.3 B in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (194.8 M). View More Fundamentals

L3Harris Stock Against Markets

L3Harris Technologies Corporate Directors

Robert MillardLead Independent DirectorProfile
Lloyd NewtonIndependent DirectorProfile
Rita LaneIndependent DirectorProfile
Lewis HayIndependent DirectorProfile

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.