L3Harris Technologies Inc (NYSE: LHX) has reported E.P.S. of $1.49 for its first fiscal quarter (ending March 31) versus $1.77 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $6.18 compared to $4.84 a year ago.
Recent Price Action
L3Harris Technologies Inc (NYSE: LHX) stock closed at $207.36 on 4/25/24 after a slight decline of -0.2%. This decline was accompanied by normal trading volume. The stock has risen 3.0% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
LHX is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
L3Harris Technologies has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. L3Harris Technologies has a neutral Appreciation Score of 52 but a good Power Rating of 73, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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