L3Harris Technologies Inc (NYSE: LHX) open the trading on Wednesday, with great promise as it jumped 0.52% to $236.50, before settling in for the price of $235.28 at the close. Taking a more long-term approach, LHX posted a 52-week range of $160.25-$245.60.
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It was noted that the giant of the Industrials sector posted annual sales growth of 35.62% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -3.91%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 5.47%. This publicly-traded company’s shares outstanding now amounts to $189.81 million, simultaneously with a float of $189.09 million. The organization now has a market capitalization sitting at $44.87 billion. At the time of writing, stock’s 50-day Moving Average stood at $230.10, while the 200-day Moving Average is $215.04.
L3Harris Technologies Inc (LHX) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Aerospace & Defense industry. L3Harris Technologies Inc’s current insider ownership accounts for 0.33%, in contrast to 86.67% institutional ownership. Preceding that transaction, on Jul 15 ’24, Company’s Sr VP-General Counsel & Secy sold 15,887 for 235.00, making the whole transaction’s value amount to 3,733,445. This particular insider is now the holder of 47,616 in total.
L3Harris Technologies Inc (LHX) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.49 per share during the current fiscal year.
L3Harris Technologies Inc’s EPS increase for this current 12-month fiscal period is 5.47% and is forecasted to reach 14.24 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.46% through the next 5 years, which can be compared against the -3.91% growth it accomplished over the previous five years trading on the market.
L3Harris Technologies Inc (NYSE: LHX) Trading Performance Indicators
Let’s observe the current performance indicators for L3Harris Technologies Inc (LHX). It’s Quick Ratio in the last reported quarter now stands at 0.74. The Stock has managed to achieve an average true range (ATR) of 3.80. Alongside those numbers, its PE Ratio stands at $37.86, and its Beta score is 0.73. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.16. Similarly, its price to free cash flow for trailing twelve months is now 30.21.
In the same vein, LHX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.25, a figure that is expected to reach 3.25 in the next quarter, and analysts are predicting that it will be 14.24 at the market close of one year from today.
Technical Analysis of L3Harris Technologies Inc (LHX)
[L3Harris Technologies Inc, LHX] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 87.05% While, its Average True Range was 3.68.
Raw Stochastic average of L3Harris Technologies Inc (LHX) in the period of the previous 100 days is set at 79.97%, which indicates a major fall in contrast to 86.83% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 9.10% that was lower than 18.39% volatility it exhibited in the past 100-days period.
