LH

L3Harris Technologies IncNYSE LHX Stock Report

Last reporting period 27 Sep, 2024

Updated 13 Nov, 2024

Last price

Market cap $B

44.531

Mega

Exchange

XNYS - New York Stock Exchange, Inc

View Section: Eyestock Rating

L3Harris Fair Value

LH

The fair market value of LHX stock is 200.64 USD. Relative to the market price of 264.54 USD L3Harris is overvalued by 24.2%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Greatly overvalued 24.2%
200.64 USD
LHX Fair Value
264.54 USD
Market price of LHX

L3Harris Valuation

Current LHX share ticker price is 264.54 USD.

The fair value level of 200.64 USD can be considered as an effective entry point for long-term investors to start investing in LHX stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 24% higher its fair value

Min value

Current price is 39% higher its minimum value

Max value

Current price is 11% higher its maximum value

21.12.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

LHX stock is greatly overvalued

It means the current price may concern as a High Risk Entry Point

L3Harris Technologies Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

37.13

2

Median P/E over 5 years

31.54

3

Minimum P/E over 5 years

25.46

4

Earning per share (last 12 months)

6.36 USD

Maximum value

1

x

4

=

236.17 USD

Fair value

2

x

4

=

200.64 USD

Minimum value

3

x

4

=

161.96 USD

L3Harris Technologies Inc price metrics

2.08

Annual return (geometric mean)

28.05

Risk (standard deviation) of returns

β

0.77

Beta (volatility compared to market)

It means that LHX stock is less volatile than the broader market

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View Section: Profitability