L3Harris Technologies Stock Price and Value Analysis

Should you buy L3Harris Technologies stock? (NYSE:LHX). Let's see how it does in our automated value investing analysis system.

LHX Free Cash Flow Trend

Free Cash Flow trendline for LHX
Free Cash Flow trendline for L3Harris Technologies

Hmm, we can't give any reliable projection for L3Harris Technologies's growth rate. The company either has too few years of historical data for us to examine, or it's in the habit of losing money.

None of this means it's a bad stock. Maybe it's new and growing quickly, or maybe it's turning things around. We can't say anything sensible about it, so we won't say it's obviously undervalued right now. Proceed at your own risk!

AdvantagesDisadvantages
  • This company has an average dividend yield.
  • This company has wild ups and downs.
  • This company is not making money.
  • This company is less known than others.
  • This stock looks overpriced.

Inside the LHX Numbers

LHX Price
(L3Harris Technologies stock price per share)
$187.09
[?] PE Ratio versus Sector 54% higher than other Technology stocks
[?] PE Ratio versus Industry 1% higher than other Communication Equipment stocks
[?] Free Cash Flow Jitter 80%
[?] Dividend Yield 2%
Shares Shorted 2,299,791

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 2,299,791 shares shorted. With 204,371,445 shares available for purchase and an average trading volume over the past 10 trading days of 1,264,414, it would take at least 1.819 days for all of the short holders to cover their shorts.

Is L3Harris Technologies Stock on Sale?

Based on our analysis, we believe that you should not buy L3Harris Technologies right now. It might be a good stock to own—we just can't prove it with value analysis right now. Proceed with caution.

Should You Buy LHX Stock?

Does L3Harris Technologies have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.