164.75 0.00 (0.00%)
After hours: 5:15PM EDT
|Bid||162.33 x 800|
|Ask||165.02 x 900|
|Day's Range||163.16 - 166.02|
|52 Week Range||123.24 - 175.50|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||23.01|
|Earnings Date||May 1, 2019|
|Forward Dividend & Yield||2.74 (1.72%)|
|1y Target Est||185.09|
The S&P 500 finally bagged a new closing high on Tuesday, eclipsing the heights reached back in October and fully erasing the unpleasantness of late last year. A massive 180-degree policy shift by the Federal Reserve is to blame, as policymakers went from strict hawkishness (more rate hikes and qualitative tightening) to easy dovishness (with the futures market pricing in rate cuts now).Stocks, of course, are loving this. Niggling concerns like tepid earnings growth, a lack of a trade deal with China and increasing tensions with Iran are being ignored. * 10 Oversold Stocks to Run From With the S&P likely to extend its run higher now, here are six S&P 500 stocks that are ready for breakouts of their own:InvestorPlace - Stock Market News, Stock Advice & Trading Tips American Express (AXP) Click to EnlargeAmerican Express (NYSE:AXP) shares look ready to break free of triple-top resistance near the $114-a-share level, setting up an end to a two-year-long consolidation range. The stock is already up nearly 20% so far this year but valuations are still reasonable, trading at a forward price-to-earnings multiple of just 12.7x.The company will next report results on July 18 before the bell. Analysts are looking for earnings of $2.05 per share on revenues of $10.8 billion. When the company last reported on April 18, earnings of $2.01 beat estimates by 4 cents on a 6.6% rise in revenues. D.R. Horton (DHI) Click to EnlargeShares of homebuilder D.R. Horton (NYSE:DHI) are threatening to rise up and over two-year-old multi-top resistance near $46, setting up a run at the late 2017/early 2018 highs near $52. Such a move would be worth a gain of roughly 13% from here. Valuations look attractive, with DHI stock trading at just a 10.6x forward P/E multiple as investors await the start of the summer home-buying season. * 10 Stocks to Sell Before They Give Back 2019 Gains The company will next report results on April 25 before the bell. Analysts are looking for earnings of 88 cents per share on revenues of $4.04 billion. When the company last reported on Jan. 25, earnings of 76 cents per share missed estimates by a penny on a 5.6% rise in revenues. Harris Corporation (HRS) Click to EnlargeShares of Harris Corporation (NYSE:HRS), maker of radio communication equipment, are sneaking up on the prior high near $170 set back in October. A breakout here would end a solid two-year consolidation range bounded by triple-top resistance. Shares are already up more than 24% so far this year. The company is in the midst of a merger with L3 Technologies (NYSE:LLL)The company will next report results on May 1 before the bell. Analysts are looking for earnings of $2.04 per share on revenues of $1.7 billion. When the company last reported on Jan. 29, earnings of $1.96 per share beat estimates by 4 cents on an 8.5% rise in revenues. Jacobs Engineering Group (JEC) Click to EnlargeShares of Jacobs Engineering Group (NYSE:JEC), a technical and construction services provider, are challenging the prior high near $82 set back in November. A breakout would continue a pattern of higher highs and higher lows that started in early 2016 and has seen shares gain nearly 140%. Valuations look attractive, despite the 37% posted so far this year, with shares trading at a 13.8x forward P/E multiple. * 7 Companies With Unacceptable CEO-Worker Wage Gaps The company will next report results on May 7 before the bell. Analysts are looking for earnings of $1.22 per share on revenues of $4.1 billion. When the company last reported on Feb. 6, earnings of $1.14 per share beat estimates by 9 cents on a 72.9% rise in revenues. TJX Companies (TJX) Click to EnlargeShares of TJX Companies (NYSE:TJX) companies are moving up to challenge triple-top resistance set late last year near $56, capping a near 34% rise so far this year. Analysts at Telsey Advisory Group recently raised their price target on the stock as they believe the discount retailer continues to win over consumers with its value proposition and consistent merchandising performance.The company will next report results on May 29 before the bell. Analysts are looking for earnings of 55 cents per share on revenues of $9.2 billion. When the company last reported on Feb. 27, earnings of 59 cents per share missed estimates by 9 cents on a 1.5% rise in revenues. Stanley Black & Decker (SWK) Click to EnlargeShares of tool and small appliance maker Stanley Black & Decker (NYSE:SWK) are up nearly 2% today as they bear down on the prior high set in September. The stock is already up more than 23% so far this year, but still trades at a reasonable forward P/E multiple of 15.8x. Shares were recently upgraded by analysts at Longbow Research. * 7 Renewable Energy Stocks to Buy for Sunny Long-Term Returns When the company last reported on April 24, earnings of $1.42 beat estimates by 31 cents on a 3.9% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises Compare Brokers The post 6 S&P 500 Stocks Ready to Break Out appeared first on InvestorPlace.
This defense contractor delivered 91 F-35 fighter jets to the military last year and will provide more than 130 this year.
Harris (HRS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Harris (HRS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Harris Corporation...
Harris' (HRS) 12-meter Folded Rib Reflector is expected to support a carbon-monitoring satellite mission, aimed at studying the changing state of global forests.
Nano Dimension, a pioneer in 3D printers for circuit boards, expects to keep up a steep rate of sales growth while reducing its cash burn as it taps demand from new sectors such as defense and space exploration, the company's leaders said. Nano Dimension has been collaborating with U.S. defense contractor Harris Corp on 3D printing of radio frequency identification amplifiers, which extend antenna range and will be tested on the International Space Station. "It could save Harris hundreds of thousands of dollars per satellite," said Chief Executive and co-founder Amit Dror, who said the company expected an improved performance this year compared with last when it made a net loss of $15.5 million.
Boeing decision to cut down production of its bestselling commercial jetliner dealt another blow to the U.S. defense industry.
Several micro factors have compounded the market anarchy and the industry apparently has failed to make any noticeable headway over the past week.
Harris Corporation (HRS) will celebrate a major space satellite antenna milestone – the production of its 100th unfurlable mesh reflector, which provides the critical communications link between satellites and ground stations. Harris employees, customers and other dignitaries will gather next week at the company’s Palm Bay, Florida, facility to commemorate the production of the latest reflector, which will support a carbon-monitoring satellite mission to study the changing state of global forests. Harris is manufacturing the reflector for Airbus Defence and Space, Europe’s leading space company.
The 2019 CEI evaluates LGBTQ-related policies and practices, including non-discrimination workplace protections, domestic partner benefits, transgender-inclusive healthcare benefits, competency programs and public engagement with the LGBTQ community. Harris benefits cover same-sex spouses and domestic partners, and company policies prohibit discrimination in all forms. The company promotes a culture where everyone can thrive by promoting inclusive recruiting, professional development and community engagement.
Per the deal, Harris Corporation (HRS) will provide depot support and sustainment engineering, system upgrades and modifications, studies and analysis, transition of future systems, and operations support.
The 25 top-paid positions in the U.S. technology sector range from database architect to a principal product manager and many jobs in between, according to salary information hub Payscale.com. We gathered the median pay for a variety of tech titles in the U.
Harris (HRS) is well on track to complete its impending merger with L3 Technologies (LLL) to create L3 Harris Technologies in the middle of calendar year 2019.
Harris Corporation (HRS) and Elbit Systems Ltd. (ESLT) today announced the signing of a definitive agreement under which Elbit Systems of America, LLC (ESA) will acquire Harris’ Night Vision business for $350 million in cash. The transaction is conditioned on completion of Harris’ previously announced proposed merger with L3 Technologies, Inc. (LLL), as well as customary closing conditions including receipt of regulatory approvals. “In January 2019, we announced that as part of the L3 merger regulatory process we had proactively started exploring the sale of our Night Vision business,” said William M. Brown, chairman, president and chief executive officer.
Harris Corporation (HRS) and L3 Technologies, Inc. (LLL) announced that, at their respective special meetings of stockholders held today, Harris and L3 stockholders voted to approve all stockholder proposals necessary to complete the merger of equals transaction to create L3 Harris Technologies, Inc., a global defense technology leader that will be focused on developing differentiated and mission critical solutions for customers around the world. The merger is expected to close in mid-calendar year 2019, subject to satisfaction of customary closing conditions, including receipt of regulatory approvals. “I am pleased that our shareholders voted in favor of this strategic combination, which will create a premier global defense technology company,” said William M. Brown, Harris chairman, president and chief executive officer.
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Harris Corp NYSE:HRSView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate * Economic output in this company's sector is expanding Bearish sentimentShort interest | NeutralShort interest is moderate for HRS with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding HRS are favorable, with net inflows of $10.88 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. HRS credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
As the equity markets aim to sustain the momentum in the second quarter, investors could profit from some smart stock picks from one of the most promising sectors.
Ericsson's (ERIC) high-speed and low-latency 5G technology will help Batelco address the increasing demand for data traffic and provide superior mobile broadband and fixed wireless experience.
Is Harris Corporation (NYSE:HRS) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to work. […]