L3harris Technologies Inc
NYSE:LHX
Intrinsic Value
L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. [ Read More ]
The intrinsic value of one LHX stock under the Base Case scenario is 255.03 USD. Compared to the current market price of 210.93 USD, L3harris Technologies Inc is Undervalued by 17%.
Valuation Backtest
L3harris Technologies Inc
Run backtest to discover the historical profit from buying and selling LHX stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Guidance Suggests Solid Growth in 2024
2023-Q4 Earnings Call
For 2024, a revenue range of $20.7 to $21.3 billion is expected, representing organic growth across all segments. However, the start of the year may see slower growth due to various factors, including the sale of CAS. Operating margin is forecasted to be around 15%, influenced by increased volume, operational efficiency, and LHX NeXt cost savings, albeit impacted by the incorporation of Aerojet Rocketdyne. Non-GAAP EPS is estimated to grow to $12.40-$12.80. Additionally, free cash flow is projected to reach $2.2 billion, a 10% increase due to earnings growth and balance sheet efficiency.
Balance Sheet Decomposition
L3harris Technologies Inc
Current Assets | 8.1B |
Cash & Short-Term Investments | 560m |
Receivables | 4.4B |
Other Current Assets | 3.1B |
Non-Current Assets | 33.6B |
PP&E | 2.9B |
Intangibles | 28.5B |
Other Non-Current Assets | 2.3B |
Current Liabilities | 8B |
Accounts Payable | 2.1B |
Accrued Liabilities | 1.7B |
Short-Term Debt | 1.6B |
Other Current Liabilities | 2.6B |
Non-Current Liabilities | 14.9B |
Long-Term Debt | 11.2B |
Other Non-Current Liabilities | 3.8B |
Earnings Waterfall
L3harris Technologies Inc
Revenue
|
19.4B
USD
|
Cost of Revenue
|
-14.3B
USD
|
Gross Profit
|
5.1B
USD
|
Operating Expenses
|
-3B
USD
|
Operating Income
|
2.1B
USD
|
Other Expenses
|
-913m
USD
|
Net Income
|
1.2B
USD
|
Free Cash Flow Analysis
L3harris Technologies Inc
What is Free Cash Flow?
LHX Profitability Score
Profitability Due Diligence
L3harris Technologies Inc's profitability score is 51/100. The higher the profitability score, the more profitable the company is.
Score
L3harris Technologies Inc's profitability score is 51/100. The higher the profitability score, the more profitable the company is.
LHX Solvency Score
Solvency Due Diligence
L3harris Technologies Inc's solvency score is 38/100. The higher the solvency score, the more solvent the company is.
Score
L3harris Technologies Inc's solvency score is 38/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
LHX Price Targets Summary
L3harris Technologies Inc
According to Wall Street analysts, the average 1-year price target for LHX is 247.37 USD with a low forecast of 185.84 USD and a high forecast of 340.2 USD.
Ownership
LHX Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
LHX Price
L3harris Technologies Inc
Average Annual Return | 8.92% |
Standard Deviation of Annual Returns | 16.71% |
Max Drawdown | -39% |
Market Capitalization | 40B USD |
Shares Outstanding | 190 090 000 |
Percentage of Shares Shorted | 1.06% |
LHX News
Last Important Events
L3harris Technologies Inc
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
L3harris Technologies Inc
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. The company is headquartered in Melbourne Florida, Florida and currently employs 47,000 full-time employees. The firm provides advanced defense and commercial technologies across space, air, land, sea and cyber domains. The firm has four segments. Integrated Mission Systems segment includes multi-mission intelligence, surveillance and reconnaissance (ISR) and communication systems; integrated electrical and electronic systems for maritime platforms; and advanced electro-optical and infrared (EO/IR) solutions. Space & Airborne Systems segment includes space payloads, sensors and full-mission solutions; classified intelligence and cyber defense; avionics; and electronic warfare. Communication Systems segment including tactical communications; broadband communications; integrated vision solutions; and public safety radios; global communications solutions. Aviation Systems segment includes defense aviation; commercial aviation products; commercial pilot training; and mission networks for air traffic management.
Contact
IPO
Employees
Officers
The intrinsic value of one LHX stock under the Base Case scenario is 255.03 USD.
Compared to the current market price of 210.93 USD, L3harris Technologies Inc is Undervalued by 17%.