The stock price of L3Harris Technologies Inc (NYSE: LHX) has plunged by -0.30 when compared to previous closing price of 212.56, but the company has seen a -0.52% decline in its stock price over the last five trading sessions. businesswire.com reported 2025-03-26 that MELBOURNE, Fla.–(BUSINESS WIRE)–L3Harris Technologies (NYSE: LHX) has debuted an advanced large solid rocket motor to power the company’s air-launched, Medium Range Ballistic Missile (MRBM) target vehicle. The new L3Harris solid rocket motor, named eSR-19, was part of a recent Missile Defense Agency (MDA) test that powered the target’s first and second stages. The test, designated as Flight Test Other-40 or Stellar Banshee, demonstrated detection and tracking of an advanced hypersonic target.
Is It Worth Investing in L3Harris Technologies Inc (NYSE: LHX) Right Now?
L3Harris Technologies Inc (NYSE: LHX) has a price-to-earnings ratio of 26.90x that is above its average ratio. Additionally, the 36-month beta value for LHX is 0.73. There are mixed opinions on the stock, with 14 analysts rating it as a “buy,” 4 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for LHX is 187.07M and currently, short sellers hold a 1.75% ratio of that float. The average trading volume of LHX on March 27, 2025 was 1.30M shares.
LHX’s Market Performance
LHX stock saw an increase of -0.52% in the past week, with a monthly gain of 3.90% and a quarterly increase of -0.76%. The volatility ratio for the week is 1.60%, and the volatility levels for the last 30 days are 2.31% for L3Harris Technologies Inc (LHX). The simple moving average for the last 20 days is 0.37% for LHX stock, with a simple moving average of -6.63% for the last 200 days.
Analysts’ Opinion of LHX
Many brokerage firms have already submitted their reports for LHX stocks, with Bernstein repeating the rating for LHX by listing it as a “Outperform.” The predicted price for LHX in the upcoming period, according to Bernstein is $267 based on the research report published on January 08, 2025 of the current year 2025.
Argus gave a rating of “Buy” to LHX, setting the target price at $300 in the report published on November 26th of the previous year.
LHX Trading at 0.99% from the 50-Day Moving Average
After a stumble in the market that brought LHX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.25% of loss for the given period.
Volatility was left at 2.31%, however, over the last 30 days, the volatility rate increased by 1.60%, as shares surge +4.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.93% lower at present.
During the last 5 trading sessions, LHX fell by -0.52%, which changed the moving average for the period of 200-days by -4.55% in comparison to the 20-day moving average, which settled at $211.15. In addition, L3Harris Technologies Inc saw 0.78% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LHX starting from NIEBERGALL ROSS, who proposed sale 1,261 shares at the price of $212.10 back on Mar 14 ’25. After this action, NIEBERGALL ROSS now owns shares of L3Harris Technologies Inc, valued at $267,452 using the latest closing price.
ZOISS EDWARD J, the Pres., Space & Airborne Sys. of L3Harris Technologies Inc, sale 3,361 shares at $211.79 during a trade that took place back on Mar 07 ’25, which means that ZOISS EDWARD J is holding 27,259 shares at $711,826 based on the most recent closing price.
Stock Fundamentals for LHX
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.24 for the gross margin
The net margin for L3Harris Technologies Inc stands at 0.07. The total capital return value is set at 0.06. Equity return is now at value 7.85, with 3.59 for asset returns.
Based on L3Harris Technologies Inc (LHX), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at 2.22. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is 2.95.
Currently, EBITDA for the company is 3.56 billion with net debt to EBITDA at 0.14. When we switch over and look at the enterprise to sales, we see a ratio of 1.89. The receivables turnover for the company is 19.89for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.
Conclusion
In conclusion, L3Harris Technologies Inc (LHX) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
