|Bid||170.87 x 800|
|Ask||185.74 x 800|
|Day's Range||174.82 - 178.58|
|52 Week Range||142.01 - 230.99|
|Beta (5Y Monthly)||0.75|
|PE Ratio (TTM)||24.22|
|Earnings Date||Oct 26, 2020 - Oct 30, 2020|
|Forward Dividend & Yield||3.40 (1.93%)|
|Ex-Dividend Date||Sep 08, 2020|
|1y Target Est||235.42|
L3Harris Technologies (NYSE:LHX) has entered into a long-term virtual power purchase agreement for renewable energy to help reach its emissions reduction goal. The company plans to reduce its greenhouse gas (GHG) emissions companywide by nearly 30% by 2026.
Goldman Sachs added Boeing and Raytheon Technologies to its conviction buy list, while remove L3Harris Technologies and Lockheed Martin . Goldman said of Boeing that it's a rare cyclical investment opportunity ahead of eventual end-market improvements, adding the pace of aircraft order cancellations out of the Boeing backlog has slowed significantly, and been surprisingly limited for widebody aircraft. On Raytheon, "it is too high quality and well positioned of a company to trade at an 11% FCF yield on the fully aerospace-recovered and fully synergized 2023E free cash." Goldman kept Lockheed and L3Harris at buy but said there were better opportunities in the aerospace stocks.
L3Harris Technologies (NYSE:LHX) will lead a team to help transform the U.S. Air Force’s flight simulator training used to help develop highly skilled air crews.