L3Harris Technologies LHX
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
L3Harris Technologies (LHX) Business Model and Operations Summary
L3Harris Technologies provides products primarily for the command, control, communications, computers, intelligence, surveillance, and reconnaissance, or C4ISR, market. The firm produces uncrewed aerial vehicles, sensors, and avionics, provides military and commercial training services, and maintains the us Federal Aviation Administration's communications infrastructure. In July 2023, the company acquired Aerojet Rocketdyne, a key supplier of rocket motors used in the space industry and to propel munitions.
Key Insights
L3Harris Technologies (LHX) Core Market Data and Business Metrics
Latest Closing Price
$209.75Market Cap
$39.40 BillionPrice-Earnings Ratio
24.97Total Outstanding Shares
187.72 Million SharesTotal Employees
47,000Dividend
$1.20 Per Share QuarterlyIPO Date
July 13, 1955SIC Description
Search, Detection, Navagation, Guidance, Aeronautical SysPrimary Exchange
New York Stock ExchangeHeadquarters
1025 W Nasa Blvd, Melbourne, FL, 32919
Historical Stock Splits
If you bought 1 share of LHX before March 31, 2005, you'd have 2 shares today.
| Execution Date | Split Amount |
|---|---|
| March 31, 2005 | 2-for-1 |
Income Statement
June 29, 2024 to September 27, 2024
| Metric | Value |
|---|---|
| Cost Of Revenue | $3.87 Billion |
| Preferred Stock Dividends And Other Adjustments | $0 |
| Diluted Earnings Per Share | $2.10 |
| Net Income/Loss Available To Common Stockholders, Basic | $400 Million |
| Income/Loss From Continuing Operations Before Tax | $430 Million |
| Operating Income/Loss | $495 Million |
Comprehensive Income
June 29, 2024 to September 27, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss Attributable To Noncontrolling Interest | $4 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $4 Million |
| Comprehensive Income/Loss | $444 Million |
| Other Comprehensive Income/Loss | $40 Million |
| Comprehensive Income/Loss Attributable To Parent | $440 Million |
Balance Sheet
June 29, 2024 to September 27, 2024
| Metric | Value |
|---|---|
| Noncurrent Assets | $33.59 Billion |
| Liabilities | $22.83 Billion |
| Assets | $41.89 Billion |
| Other Current Liabilities | $5.52 Billion |
| Equity Attributable To Parent | $19.00 Billion |
| Wages | $402 Million |
Historical Dividends
Current dividend: $1.20 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 28, 2025 | Mar 21, 2025 | Mar 10, 2025 | $1.2 | Quarterly |
| Oct 16, 2024 | Dec 6, 2024 | Nov 18, 2024 | $1.16 | Quarterly |
| Jul 18, 2024 | Sep 20, 2024 | Sep 6, 2024 | $1.16 | Quarterly |
| Apr 19, 2024 | Jun 18, 2024 | Jun 4, 2024 | $1.16 | Quarterly |
| Feb 23, 2024 | Mar 22, 2024 | Mar 8, 2024 | $1.16 | Quarterly |
| Oct 20, 2023 | Dec 1, 2023 | Nov 17, 2023 | $1.14 | Quarterly |