Is L3Harris Technologies Inc (NYSE: LHX) Still On The Rise?

After Hours

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Stocks Info

This NYSE-listed company operates within the Aerospace & Defense industry segment, falling under the Industrials sector. The current market capitalization of L3Harris Technologies Inc is $46.41B. A total of 0.68 million shares were traded on the day, compared to an average of 791.62K shares.

In the most recent transaction, Stackley Sean J bought 21,492 shares of LHX for 245.04 per share on Oct 02 ’24. In a previous transaction on Sep 18 ’24, Stackley Sean J bought 34,707 shares at 232.00 per share.

Among the insiders who sold shares, NIEBERGALL ROSS disposed of 2,988 shares on Sep 03 ’24 at a per-share price of $236.68. This resulted in the President, Aerojet Rocketdyne holding 16,316 shares of LHX after the transaction. In another insider transaction, NIEBERGALL ROSS bought 2,988 shares at $236.68 per share on Sep 03 ’24.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. L3Harris Technologies Inc pays an annual dividend of $4.62, resulting in a dividend yield of 1.89%, and it has a price to earnings (P/E) ratio of 39.16. LHX’s most recent ex-dividend date was 9/6/2024 when it declared a $1.16 quarterly dividend that was paid in cash on 9/20/2024. Previously, the company paid the dividend on 6/18/2024 with an ex-dividend date of 6/4/2024. The LHX stock dividend was $1.16 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, LHX has a high of $247.33 and a low of $160.25.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. LHX’s latest balance sheet shows that the firm has $941.00M in Cash & Short Term Investments as of fiscal 2021. There were $7.83B in debt and $4.55B in liabilities at the time. Its Book Value Per Share was $99.27, while its Total Shareholder’s Equity was $19.32B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LHX is Buy with a score of 4.00.

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