The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, L3Harris Technologies Inc (NYSE: LHX) closed at $216.31 up 0.57% from its previous closing price of $215.08. In other words, the price has increased by $0.57 from its previous closing price. On the day, 1.81 million shares were traded.
Ratios:
For a deeper understanding of L3Harris Technologies Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 66.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.60.
On January 08, 2025, Bernstein Upgraded its rating to Outperform which previously was Mkt Perform and also lowered its target price recommendation from $289 to $267.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 14 ’25 when NIEBERGALL ROSS bought 1,261 shares for $212.10 per share.
ZOISS EDWARD J sold 3,361 shares of LHX for $711,826 on Mar 07 ’25. The Pres., Space & Airborne Sys. now owns 27,259 shares after completing the transaction at $211.79 per share. On Mar 06 ’25, another insider, ZOISS EDWARD J, who serves as the Pres., Space & Airborne Sys. of the company, sold 1,783 shares for $211.48 each. As a result, the insider received 377,069 and left with 30,620 shares of the company.
Valuation Measures:
As of this moment, L3Harris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.45, and their Forward P/E ratio for the next fiscal year is 17.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 19.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.90 while its Price-to-Book (P/B) ratio in mrq is 2.10.
Stock Price History:
Over the past 52 weeks, LHX has reached a high of $265.74, while it has fallen to a 52-week low of $193.09. The 50-Day Moving Average of the stock is 3.39%, while the 200-Day Moving Average is calculated to be -4.30%.
Shares Statistics:
A total of 189.79M shares are outstanding, with a floating share count of 187.07M. Insiders hold about 0.34% of the company’s shares, while institutions hold 87.77% stake in the company.
