L3Harris Technologies Inc
General ticker "LHX" information:
- Sector: Industrials
- Industry: Aerospace & Defense
- Capitalization: $44.0B
L3Harris Technologies Inc follows the US Stock Market performance with the rate: 52.2%.
Estimated limits based on current volatility of 1.1%: low 210.48$, high 215.18$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-11-18, amount 1.16$ (Y2.18%)
- US accounted for 90.3% of revenue in the fiscal year ended 2023-12-29
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-29 to 2025-12-28
- 2023-12-29 to 2024-12-28 estimated range: [178.79$, 246.33$]
- 2024-12-28 to 2025-12-28 estimated range: [188.94$, 261.44$]
Financial Metrics affecting the LHX estimates:
- Positive: Non-GAAP EPS, $ of 12.37 > 2.29
- Positive: 1.03 < Operating profit margin, % of 7.34
- Negative: Industry operating cash flow per share per price (median), % of 2.51 <= 3.85
- Positive: Industry inventory ratio change (median), % of -1.19 <= -0.39
- Positive: 2.35 < Operating cash flow per share per price, % of 5.53
- Positive: 2.14 < Industry operating profit margin (median), % of 6.40
Short-term LHX quotes
Long-term LHX plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-30 | 2023-12-29 |
|---|---|---|---|
| Operating Revenue | $18,208.00MM | $17,208.00MM | $19,419.00MM |
| Operating Expenses | $15,925.00MM | $15,935.00MM | $17,993.00MM |
| Operating Income | $2,283.00MM | $1,273.00MM | $1,426.00MM |
| Non-Operating Income | $0.00MM | $0.00MM | $-205.00MM |
| Interest Expense | $265.00MM | $279.00MM | $543.00MM |
| R&D Expense | $692.00MM | $603.00MM | $480.00MM |
| Income(Loss) | $2,283.00MM | $1,273.00MM | $1,221.00MM |
| Taxes | $440.00MM | $212.00MM | $-6.00MM |
| Other Income(Loss) | $-1.00MM | $0.00MM | $0.00MM |
| Profit(Loss) | $1,842.00MM | $1,061.00MM | $1,227.00MM |
| Stockholders Equity | $19,213.00MM | $18,523.00MM | $18,765.00MM |
| Inventory | $982.00MM | $1,291.00MM | $1,472.00MM |
| Assets | $34,709.00MM | $33,524.00MM | $41,687.00MM |
| Operating Cash Flow | $2,687.00MM | $2,158.00MM | $2,096.00MM |
| Capital expenditure | $342.00MM | $252.00MM | $449.00MM |
| Investing Cash Flow | $1,394.00MM | $-250.00MM | $-7,021.00MM |
| Financing Cash Flow | $-4,413.00MM | $-1,951.00MM | $4,594.00MM |
| Earnings Per Share* | $9.17 | $5.54 | $6.47 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.