L3Harris Technologies Inc... (LHX)
L3Harris Statistics
Share Statistics
L3Harris has 187.72M shares outstanding. The number of shares has increased by -1.04% in one year.
| Shares Outstanding | 187.72M |
| Shares Change (YoY) | -1.04% |
| Shares Change (QoQ) | -1.03% |
| Owned by Institutions (%) | 86.34% |
| Shares Floating | 187.07M |
| Failed to Deliver (FTD) Shares | 1 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 1.93M, so 1.02% of the outstanding shares have been sold short.
| Short Interest | 1.93M |
| Short % of Shares Out | 1.02% |
| Short % of Float | 1.02% |
| Short Ratio (days to cover) | 1.7 |
Valuation Ratios
The PE ratio is 26.48 and the forward PE ratio is 15.08. L3Harris's PEG ratio is 1.18.
| PE Ratio | 26.48 |
| Forward PE | 15.08 |
| PS Ratio | 1.86 |
| Forward PS | 1.5 |
| PB Ratio | 2.04 |
| P/FCF Ratio | 18.49 |
| PEG Ratio | 1.18 |
Enterprise Valuation
L3Harris has an Enterprise Value (EV) of 40.31B.
| EV / Sales | 1.89 |
| EV / EBITDA | 11.32 |
| EV / EBIT | 15.75 |
| EV / FCF | 18.74 |
Financial Position
The company has a current ratio of 1.08, with a Debt / Equity ratio of 0.06.
| Current Ratio | 1.08 |
| Quick Ratio | 0.9 |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 0.32 |
| Debt / FCF | 0.54 |
| Interest Coverage | 2.84 |
Financial Efficiency
Return on Equity is 7.7% and Return on Invested Capital is 5.11%.
| Return on Equity | 7.7% |
| Return on Assets | 3.58% |
| Return on Invested Capital | 5.11% |
| Revenue Per Employee | $453.72K |
| Profits Per Employee | $31.96K |
| Employee Count | 47,000 |
| Asset Turnover | 0.51 |
| Inventory Turnover | 11.88 |
Taxes
| Income Tax | 85M |
| Effective Tax Rate | 5.32% |
Stock Price Statistics
The stock price has increased by 3.77% in the last 52 weeks. The beta is 0.74, so L3Harris's price volatility has been higher than the market average.
| Beta | 0.74 |
| 52-Week Price Change | 3.77% |
| 50-Day Moving Average | 209.12 |
| 200-Day Moving Average | 226.72 |
| Relative Strength Index (RSI) | 53.1 |
| Average Volume (20 Days) | 1.32M |
Income Statement
In the last 12 months, L3Harris had revenue of 21.32B and earned 1.5B in profits. Earnings per share was 7.92.
| Revenue | 21.32B |
| Gross Profit | 5.52B |
| Operating Income | 1.92B |
| Net Income | 1.5B |
| EBITDA | 3.56B |
| EBIT | 2.27B |
| Earnings Per Share (EPS) | 7.92 |
Balance Sheet
The company has 615M in cash and 1.16B in debt, giving a net cash position of -540M.
| Cash & Cash Equivalents | 615M |
| Total Debt | 1.16B |
| Net Cash | -540M |
| Retained Earnings | 3.74B |
| Total Assets | 42B |
| Working Capital | 585M |
Cash Flow
In the last 12 months, operating cash flow was 2.56B and capital expenditures -408M, giving a free cash flow of 2.15B.
| Operating Cash Flow | 2.56B |
| Capital Expenditures | -408M |
| Free Cash Flow | 2.15B |
| FCF Per Share | 11.34 |
Margins
Gross margin is 25.9%, with operating and profit margins of 8.99% and 7.04%.
| Gross Margin | 25.9% |
| Operating Margin | 8.99% |
| Pretax Margin | 7.49% |
| Profit Margin | 7.04% |
| EBITDA Margin | 16.7% |
| EBIT Margin | 8.99% |
| FCF Margin | 10.09% |
Dividends & Yields
LHX pays an annual dividend of $4.68, which amounts to a dividend yield of 2.15%.
| Dividend Per Share | $4.68 |
| Dividend Yield | 2.15% |
| Dividend Growth (YoY) | 3.45% |
| Payout Ratio | 59.47% |
| Earnings Yield | 3.78% |
| FCF Yield | 5.41% |
Analyst Forecast
The average price target for LHX is $256.5, which is 21% higher than the current price. The consensus rating is "Buy".
| Price Target | $256.5 |
| Price Target Difference | 21% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
Stock Splits
The last stock split was on May 11, 2009. It was a forward split with a ratio of 1250:1181.
| Last Split Date | May 11, 2009 |
| Split Type | forward |
| Split Ratio | 1250:1181 |
Scores
| Altman Z-Score | 1.78 |
| Piotroski F-Score | 7 |