L3Harris Technologies (Germany) Today
| HRS Stock | EUR 194.05 3.05 1.60% |
Performance4 of 100
| Odds Of DistressLess than 9
|
L3Harris Technologies is trading at 194.05 as of the 24th of April 2024. This is a 1.60 percent increase since the beginning of the trading day. The stock's lowest day price was 189.35. L3Harris Technologies has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for L3Harris Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida. The company has 190.4 M outstanding shares. More on L3Harris Technologies
Moving against L3Harris Stock
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L3Harris Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. L3Harris Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding L3Harris Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Christopher Kubasik |
| Business Concentration | Aerospace & Defense, Industrials (View all Sectors) |
L3Harris Technologies (HRS) is traded on Frankfurt Exchange in Germany and employs 46,000 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 37.61 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate L3Harris Technologies's market, we take the total number of its shares issued and multiply it by L3Harris Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. L3Harris Technologies classifies itself under Industrials sector and is part of Aerospace & Defense industry. The entity has 190.4 M outstanding shares.
L3Harris Technologies has accumulated about 976 M in cash with 2.69 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.76.
Check L3Harris Technologies Probability Of Bankruptcy
Ownership AllocationL3Harris Technologies maintains a total of 190.4 Million outstanding shares. The majority of L3Harris Technologies outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in L3Harris Technologies to benefit from reduced commissions. Therefore, institutional holders are subject to a different set of regulations than regular investors in L3Harris Technologies. Please pay attention to any change in the institutional holdings of L3Harris Technologies as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check L3Harris Ownership Details
L3Harris Technologies Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. L3Harris Technologies market risk premium is the additional return an investor will receive from holding L3Harris Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in L3Harris Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although L3Harris Technologies' alpha and beta are two of the key measurements used to evaluate L3Harris Technologies' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7544 | |||
| Semi Deviation | 0.9234 | |||
| Standard Deviation | 0.9346 | |||
| Variance | 0.8734 |
L3Harris Stock Against Markets
Picking the right benchmark for L3Harris Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in L3Harris Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for L3Harris Technologies is critical whether you are bullish or bearish towards L3Harris Technologies at a given time. Please also check how L3Harris Technologies' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in L3Harris Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
| All Next | Launch Module |
L3Harris Technologies Corporate Directors
L3Harris Technologies corporate directors refer to members of a L3Harris Technologies board of directors. The board of directors generally takes responsibility for the L3Harris Technologies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of L3Harris Technologies' board members must vote for the resolution. The L3Harris Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Karen Katen | Independent Director | Profile | |
| Robert Millard | Lead Independent Director | Profile | |
| Lloyd Newton | Independent Director | Profile | |
| James Stoffel | Independent Director | Profile |
How to buy L3Harris Stock?
Before investing in L3Harris Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in L3Harris Technologies. To buy L3Harris Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of L3Harris Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase L3Harris Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located L3Harris Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased L3Harris Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as L3Harris Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.
Already Invested in L3Harris Technologies?
The danger of trading L3Harris Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of L3Harris Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than L3Harris Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile L3Harris Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether L3Harris Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of L3Harris Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of L3harris Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on L3harris Technologies Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in L3Harris Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in L3Harris Stock please use our How to Invest in L3Harris Technologies guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for L3Harris Stock analysis
When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.
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