L3Harris Technologies Inc
LHX
Market Cap$42.13B
Close$
Earnings Call Q4 2023
January 26, 2024 - AI Summary
L3Harris reported strong financial results for the fourth quarter of 2023, meeting their guidance and achieving record orders and backlog.
The company reaffirmed its financial outlook for 2024, with expected revenue of $20.7 billion to $21.3 billion and organic growth in all segments.
L3Harris expects segment operating margin to be approximately 15% in 2024, driven by increased volume, operational improvements, and cost savings from the LHX NeXt initiative.
Exclusive for Stockcircle Pro members
Sign up
$199.90
10.6% downside
Current Fair Value
10.6% downsideOvervalued by 10.6% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $42.13 Billion |
|---|---|
| Enterprise Value | $55.36 Billion |
| Dividend Yield | $4.5406 (2.04%) |
| Earnings per Share | $6.16 |
| Beta | 0.51 |
| Outstanding Shares | 189,680,354 |
| Avg 30 Day Volume | 946,710 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 35.91 |
|---|---|
| PEG | -224.12 |
| Price to Sales | 2.11 |
| Price to Book Ratio | 2.28 |
| Enterprise Value to Revenue | 2.75 |
| Enterprise Value to EBIT | 30.15 |
| Enterprise Value to Net Income | 47 |
| Total Debt to Enterprise | 0.25 |
| Debt to Equity | 0.73 |
Revenue Sources
No data
ESG Score
No data
About L3Harris Technologies Inc
CEO: William Brown