L3Harris Technologies, Inc (LHX) July 20, 2021 Stock Price, Analysis & Forecast
L3Harris Technologies, Inc (NYSE: LHX) opened the trading session on July 20, 2021, at $218.94, illustrating a change of 3.3359% versus the previous close at $218.23. During the trading session, the stock price climbed to $225.64 and sunk to $218.94. Finally, the stock settled at $225.51. Yet, given a distant prospect, L3Harris Technologies, Inc reported a 52 Week Range between $155.84-$225.95.
L3Harris Technologies, Inc's shares outstanding currently cost $204.98M, in addition to a float of $204.06M. LHX operates in the MANUFACTURING sector of the SEARCH, DETECTION, NAVAGATION, GUIDANCE, AERONAUTICAL SYS industry and has a market capitalization of $46.23B (as of July 20, 2021). It's worth noting that L3Harris Technologies, Inc's 50-day Moving Average settled at $220.82, while such value as 200-day Moving Average is now $203.37.
To define the company's efficiency, let's take a look at L3Harris Technologies, Inc's conglomerate performance. Currently, LHX has full-time employees. L3Harris Technologies, Inc has generated $inf per worker During the last fiscal year. In the meantime, LHX's income per employee was $inf. And now, let's take a look at the company's income report. L3Harris Technologies, Inc's Net Income for the last fiscal year was $949.00M, while such value as Income Before Taxes was at the level of $1.11B. LHX's Operating Income was at the mark of $722.00M.
L3Harris Technologies, Inc (LHX) Earnings & Revenue
Talking about the Profitability, LHX reached a Profit Margin of 7.55% and an Operating Margin (TTM) of 14.2%. However, when we touch the questions of management effectiveness, L3Harris Technologies, Inc generated a Return on Equity (TTM) of 6.4% and a Return on Assets (TTM) of 4.31%. A bit more income statements might bring clarity to our overview. According to the results of the latest quarter ended March 31, 2021, L3Harris Technologies, Inc generated Revenue (TTM) of $18.13B, reporting a Quarterly Revenue Growth of -1.3%. As for the Revenue Per Share (TTM), this indicator was at the mark of $85.81. The company's Gross Profit (TTM) was $5.34B, while according to the EBITDA report, it was estimated at $3.63B.
L3Harris Technologies, Inc (NYSE: LHX) Owners & Shares
Finally, let's take a look at the share statistics. As mentioned above, LHX's shares outstanding now amounts to $204.98M, where Shares Short was $2.09M versus the prior month amounted to $2.05M. (Short % of Float was 1.03%). And now, let's overview which kind of investors works with L3Harris Technologies, Inc's stocks. LHX's current ownership accounts for 82.15% institutional investors, while 0.544% of shares belong to the insiders. Also worth mentioning some indicators affecting dividends & splits. Thus, LHX's Forward Annual Dividend Rate is currently at the mark of 4.08, whereas the Dividend Yield is 1.87%, and a Dividend Payout Ratio is 31.2% (Dividend Date: June 15, 2021). The company's Dividend Per Share value thereby is $3.57.
LHX Trading Performance
It's time to observe the current performance indicators for L3Harris Technologies, Inc. LHX's price/earnings to growth ratio during the last reported quarter was 1.17%. The company's PE Ratio stands at 35.08%, while LHX's Beta score is 0.747. Also worth noting that L3Harris Technologies, Inc's Diluted EPS (Earnings per Share) trailing twelve months is at the mark of 6.43. Other valuable indicators are Price To Sales Ratio (TTM), which is currently recorded at 2.631, as well as Price To Book Ratio, which amounts to 2.252.
L3Harris Technologies, Inc Analysis & Estimates
Within the previous 9-day period, L3Harris Technologies, Inc's Average True Range (ATR) was 3.9098, while the stock's Stochastic SlowD moving average was 47.0722%, and the SlowK moving average volumed at 47.0722%.