Risk factor
Very poor trading liquidity
Profitability factor
Slightly undervalued vs peers
About
L3Harris Technologies, Inc. is a leading global innovator in aerospace and defense technology, developing and delivering both defense and commercial solutions across air, land, sea, space, and cybersecurity domains. Headquartered in Melbourne, Florida, the company employs 18,200 full-time staff. Its diverse product and service offerings cater to both government entities and commercial clients. The company's operations are structured into four key segments: Communication Systems, which focuses on tactical communications, defense applications, and public safety networks; Space and Intelligence Systems, delivering comprehensive Earth observation and intelligence capabilities through advanced sensors, payloads, ground processing, and data analytics; Electronic Systems, providing a diverse portfolio encompassing electronic warfare, wireless technologies, and various other specialized solutions; and Critical Networks, which offers managed services for air traffic management, energy and maritime communications, ground network operation and maintenance, alongside IT and engineering services.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, reasonably
Target Price
The average target price of LHX is 332 and suggests 33.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa