Shares of L3Harris Technologies, Inc. (LHX) have traded between $135.78 – 217.31. The next earnings date is set for Feb 04, 2020. Let’s see how its prospects are shaping up.
What does L3Harris Technologies, Inc.(LHX) do?
L3Harris Technologies, Inc. is an agile global aerospace and defense technology innovator, which engages in the provision of defense and commercial technologies across air, land, sea, space and cyber domains. It operates through the following segments: Integrated Mission Systems; Space and Airborne Systems; Communication Systems; and Aviation Systems. The Integrated Mission Systems segment include intelligence, surveillance, and reconnaissance; advanced electro optical and infrared; and maritime power and navigation. The Space and Airborne Systems segment comprises space payloads, sensors and full-mission solutions; classified intelligence and cyber defense; avionics; and electronic warfare. The Communication Systems segment consists tactical communications; broadband communications; L3’s night vision; and public safety. The Aviation Systems segment compose defense aviation products; security, detection and other commercial aviation products; air traffic management; and commercial and military pilot training. The company was founded in 2019 and is headquartered in Melbourne, FL.
LHX Insider Trading Insight
On 2020-01-06, Mikuen Scott T SVP-GC, Secy sold 15,000 shares of LHX. That represents a value of $64,707. Not to be outdone, on 2019-09-10, Dattilo Thomas A P – Purchase bought1,000 shares of LHX. These insiders are clearly in the know because they work closely with the company.
The LHX Consensus Price Target
The mean recommendation of L3Harris Technologies, Inc. from top Wall Street analysts is a Strong Buy. That is based on 7 analysts who work on the Street. Based on 7 analysts offering 12 month price targets for L3Harris Technologies in the last 3 months. The average price target is $240.83 with a high forecast of $247.00 and a low forecast of $225.00. The average price target represents a 12.98% increase from the last price of $213.16. Last week, several articles were published in financial papers about LHX and 35% Bearish while 65% Bullish.
LHX Intraday Trading
LHX is due to report earnings on Feb 04, 2020. In the last year the price has ranged from 135.78 – 217.31. Recently, Dattilo Thomas A purchased 1,000 shares of LHX. He is a $3,157,581 shareholder in LHX.
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