2 weeks Ago By ABMN Staff
L3Harris Technologies ( NYSE:LHX – Get Free Report ) will likely be announcing its Q1 2025 earnings results before the market opens on Thursday, April 24th. Analysts expect L3Harris Technologies to post earnings of $2.55 per share and revenue of $5.
29 billion for the quarter. L3Harris Technologies has set its FY 2025 guidance at 10.550-10.
850 EPS. L3Harris Technologies ( NYSE:LHX – Get Free Report ) last posted its earnings results on Thursday, January 30th. The company reported $3.
47 earnings per share for the quarter, beating the consensus estimate of $3.43 by $0.04.
L3Harris Technologies had a return on equity of 13.11% and a net margin of 7.04%.
On average, analysts expect L3Harris Technologies to post $11 EPS for the current fiscal year and $13 EPS for the next fiscal year. L3Harris Technologies Price Performance L3Harris Technologies stock opened at $214.04 on Tuesday.
The firm has a market capitalization of $40.18 billion, a PE ratio of 27.20, a P/E/G ratio of 2.
42 and a beta of 0.71. L3Harris Technologies has a 52 week low of $193.
09 and a 52 week high of $265.74. The firm’s 50-day simple moving average is $209.
14 and its 200 day simple moving average is $222.68. The company has a quick ratio of 0.
90, a current ratio of 1.08 and a debt-to-equity ratio of 0.57.
L3Harris Technologies Dividend Announcement Analyst Ratings Changes LHX has been the topic of a number of recent research reports. Truist Financial reduced their target price on L3Harris Technologies from $274.00 to $264.
00 and set a “buy” rating on the stock in a research note on Thursday, April 17th. Sanford C. Bernstein upgraded L3Harris Technologies from a “market perform” rating to an “outperform” rating and reduced their price objective for the company from $289.
00 to $267.00 in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft cut their target price on shares of L3Harris Technologies from $250.
00 to $229.00 and set a “hold” rating for the company in a research note on Thursday, January 2nd. Bank of America decreased their price target on shares of L3Harris Technologies from $300.
00 to $265.00 and set a “buy” rating on the stock in a research note on Tuesday, February 4th. Finally, JPMorgan Chase & Co.
cut their price objective on shares of L3Harris Technologies from $265.00 to $255.00 and set an “overweight” rating for the company in a research report on Friday, January 31st.
Five equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $256.
35. Check Out Our Latest Research Report on LHX Insider Activity In other L3Harris Technologies news, insider Jon Rambeau sold 3,178 shares of L3Harris Technologies stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $226.
00, for a total transaction of $718,228.00. Following the transaction, the insider now directly owns 2,797 shares of the company’s stock, valued at $632,122.
The trade was a 53.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink .
Also, insider Edward J. Zoiss sold 1,783 shares of the stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $211.
48, for a total transaction of $377,068.84. Following the completion of the sale, the insider now directly owns 30,620 shares of the company’s stock, valued at $6,475,517.
60. The trade was a 5.50 % decrease in their position.
The disclosure for this sale can be found here . Corporate insiders own 0.72% of the company’s stock.
Institutional Inflows and Outflows An institutional investor recently raised its position in L3Harris Technologies stock. Brighton Jones LLC lifted its stake in shares of L3Harris Technologies, Inc. ( NYSE:LHX – Free Report ) by 233.
9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,284 shares of the company’s stock after buying an additional 3,001 shares during the quarter. Brighton Jones LLC’s holdings in L3Harris Technologies were worth $901,000 as of its most recent filing with the SEC.
Hedge funds and other institutional investors own 84.76% of the company’s stock. L3Harris Technologies Company Profile ( Get Free Report ) L3Harris Technologies, Inc provides mission-critical solutions for government and commercial customers worldwide.
The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors. Read More Receive News & Ratings for L3Harris Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for L3Harris Technologies and related companies with MarketBeat.com's FREE daily email newsletter .
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