L3Harris Technologies Inc (NYSE: LHX)’s stock price has plunge by -0.05relation to previous closing price of 220.02. Nevertheless, the company has seen a 1.68% surge in its stock price over the last five trading sessions. cnbc.com reported 2025-05-01 that L3Harris Technologies is set to work on modifications to a used Qatari Boeing 747 that could be used as a new Air Force One aircraft. Boeing’s modifications on a pair of 747 jumbo jets to become the new Air Force One aircraft is years behind schedule and more than $2 billion over budget.
Is It Worth Investing in L3Harris Technologies Inc (NYSE: LHX) Right Now?
L3Harris Technologies Inc (NYSE: LHX) has a higher price-to-earnings ratio of 26.06x compared to its average ratio. LHX has 36-month beta value of 0.72. Analysts have mixed views on the stock, with 14 analysts rating it as a “buy,” 5 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for LHX is 186.29M, and currently, short sellers hold a 2.07% ratio of that float. The average trading volume of LHX on May 02, 2025 was 1.48M shares.
LHX’s Market Performance
LHX’s stock has seen a 1.68% increase for the week, with a 4.84% rise in the past month and a 3.70% gain in the past quarter. The volatility ratio for the week is 1.78%, and the volatility levels for the past 30 days are at 3.33% for L3Harris Technologies Inc The simple moving average for the past 20 days is 2.25% for LHX’s stock, with a -2.58% simple moving average for the past 200 days.
Analysts’ Opinion of LHX
Many brokerage firms have already submitted their reports for LHX stocks, with Goldman repeating the rating for LHX by listing it as a “Buy.” The predicted price for LHX in the upcoming period, according to Goldman is $263 based on the research report published on April 11, 2025 of the current year 2025.
Bernstein, on the other hand, stated in their research note that they expect to see LHX reach a price target of $267, previously predicting the price at $289. The rating they have provided for LHX stocks is “Outperform” according to the report published on January 08th, 2025.
LHX Trading at 3.94% 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 -17.25% of loss for the given period.
Volatility was left at 3.33%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares surge +3.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.98% upper at present.
During the last 5 trading sessions, LHX rose by +1.68%, which changed the moving average for the period of 200-days by -6.24% in comparison to the 20-day moving average, which settled at $215.07. In addition, L3Harris Technologies Inc saw 4.58% 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:
- 0.1 for the present operating margin
- 0.25 for the gross margin
The net margin for L3Harris Technologies Inc stands at 0.08. The total capital return value is set at 0.06. Equity return is now at value 8.49, with 3.86 for asset returns.
Based on L3Harris Technologies Inc (LHX), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 3.24.
Currently, EBITDA for the company is 3.56 billion with net debt to EBITDA at 3.14. When we switch over and look at the enterprise to sales, we see a ratio of 2.49. The receivables turnover for the company is 3.97for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.02.
Conclusion
To put it simply, L3Harris Technologies Inc (LHX) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others 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.
