At the time of writing, L3Harris Technologies Inc [LHX] stock is trading at $219.91, down -0.05%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LHX shares have gain 1.68% over the last week, with a monthly amount glided 4.84%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
L3Harris Technologies Inc [NYSE: LHX] stock has seen the most recent analyst activity on April 11, 2025, when Goldman upgraded its rating to a Buy but kept the price target unchanged to $263 for it. Previously, Bernstein upgraded its rating to Outperform on January 08, 2025, and dropped its price target to $267. On January 02, 2025, downgrade downgraded it’s rating to Mkt Perform. Argus upgraded its rating to a Buy but stick to its price target of $300 on November 26, 2024. BofA Securities upgraded its rating to a Buy but $300 remained the price target by the analyst firm on October 31, 2024. Wolfe Research upgraded its rating to Outperform for this stock on October 10, 2024, but kept the price target unchanged to $300. In a note dated August 14, 2024, RBC Capital Mkts downgraded an Sector Perform rating on this stock and revised its target price from $250 to $240.
For the past year, the stock price of L3Harris Technologies Inc fluctuated between $193.09 and $265.74. Currently, Wall Street analysts expect the stock to reach $260 within the next 12 months. L3Harris Technologies Inc [NYSE: LHX] shares were valued at $219.91 at the most recent close of the market. An investor can expect a potential return of 18.23% based on the average LHX price forecast.
Analyzing the LHX fundamentals
According to L3Harris Technologies Inc [NYSE:LHX], the company’s sales were 21.25B for trailing twelve months, which represents an -1.52% plunge. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.64.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 217.93 points at the first support level, and at 215.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 221.46, and for the 2nd resistance point, it is at 223.01.
Ratios To Look Out For
It is important to note that L3Harris Technologies Inc [NYSE:LHX] has a current ratio of 1.02. Further, the Quick Ratio stands at 0.85, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 1.94, the price to book ratio is 2.16 and price to earnings (TTM) ratio is 26.06.
Transactions by insiders
Recent insider trading involved NIEBERGALL ROSS, Officer, that happened on Mar 14 ’25 when 1261.0 shares were purchased. Pres., Space & Airborne Sys., ZOISS EDWARD J completed a deal on Mar 07 ’25 to sell 3361.0 shares. Meanwhile, Pres., Space & Airborne Sys. ZOISS EDWARD J sold 1783.0 shares on Mar 06 ’25.
