L3Harris Technologies (LHX) Competitors

$219.12
+3.31 (+1.53%)
(As of 11:44 AM ET)

LHX vs. TDY, NOC, HEI, LDOS, TXT, CW, TDG, GD, BA, and LMT

Should you be buying L3Harris Technologies stock or one of its competitors? The main competitors of L3Harris Technologies include Teledyne Technologies (TDY), Northrop Grumman (NOC), HEICO (HEI), Leidos (LDOS), Textron (TXT), Curtiss-Wright (CW), TransDigm Group (TDG), General Dynamics (GD), Boeing (BA), and Lockheed Martin (LMT). These companies are all part of the "aerospace" sector.

L3Harris Technologies vs.

Teledyne Technologies (NYSE:TDY) and L3Harris Technologies (NYSE:LHX) are both large-cap aerospace companies, but which is the better investment? We will contrast the two companies based on the strength of their media sentiment, community ranking, institutional ownership, dividends, earnings, risk, analyst recommendations, valuation and profitability.

Teledyne Technologies has a net margin of 15.81% compared to Teledyne Technologies' net margin of 5.82%. Teledyne Technologies' return on equity of 12.82% beat L3Harris Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Teledyne Technologies15.81% 10.54% 6.57%
L3Harris Technologies 5.82%12.82%5.95%

91.6% of Teledyne Technologies shares are owned by institutional investors. Comparatively, 84.8% of L3Harris Technologies shares are owned by institutional investors. 1.9% of Teledyne Technologies shares are owned by insiders. Comparatively, 0.9% of L3Harris Technologies shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Teledyne Technologies currently has a consensus target price of $470.83, indicating a potential upside of 19.62%. L3Harris Technologies has a consensus target price of $231.80, indicating a potential upside of 5.94%. Given L3Harris Technologies' stronger consensus rating and higher probable upside, equities analysts plainly believe Teledyne Technologies is more favorable than L3Harris Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Teledyne Technologies
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
L3Harris Technologies
0 Sell rating(s)
3 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.79

In the previous week, L3Harris Technologies had 7 more articles in the media than Teledyne Technologies. MarketBeat recorded 15 mentions for L3Harris Technologies and 8 mentions for Teledyne Technologies. L3Harris Technologies' average media sentiment score of 0.92 beat Teledyne Technologies' score of 0.76 indicating that Teledyne Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Teledyne Technologies
5 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
L3Harris Technologies
6 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

L3Harris Technologies has higher revenue and earnings than Teledyne Technologies. Teledyne Technologies is trading at a lower price-to-earnings ratio than L3Harris Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Teledyne Technologies$5.64B3.29$885.70M$18.4921.17
L3Harris Technologies$19.42B2.14$1.23B$6.1635.57

Teledyne Technologies has a beta of 1.04, meaning that its stock price is 4% more volatile than the S&P 500. Comparatively, L3Harris Technologies has a beta of 0.63, meaning that its stock price is 37% less volatile than the S&P 500.

Teledyne Technologies received 229 more outperform votes than L3Harris Technologies when rated by MarketBeat users. Likewise, 66.43% of users gave Teledyne Technologies an outperform vote while only 62.87% of users gave L3Harris Technologies an outperform vote.

CompanyUnderperformOutperform
Teledyne TechnologiesOutperform Votes
378
66.43%
Underperform Votes
191
33.57%
L3Harris TechnologiesOutperform Votes
149
62.87%
Underperform Votes
88
37.13%

Summary

Teledyne Technologies beats L3Harris Technologies on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding LHX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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LHX vs. The Competition

MetricL3Harris TechnologiesSearch & navigation equipment IndustryAerospace SectorNYSE Exchange
Market Cap$41.56B$12.64B$16.17B$17.76B
Dividend Yield2.19%1.84%1.39%3.52%
P/E Ratio35.5718.5822.6624.88
Price / Sales2.1436.8919.2010.85
Price / Cash10.3337.5921.3615.59
Price / Book2.2134.524.695.08
Net Income$1.23B$431.87M$435.21M$967.52M
7 Day Performance3.66%1.89%3.37%2.20%
1 Month Performance6.29%6.44%1.55%-0.92%
1 Year Performance16.02%31.50%25.83%102.50%

L3Harris Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TDY
Teledyne Technologies
4.2384 of 5 stars
$393.03
+0.7%
$470.83
+19.8%
-5.3%$18.62B$5.64B21.2614,900
NOC
Northrop Grumman
4.0488 of 5 stars
$473.53
+1.0%
$509.38
+7.6%
+6.6%$70.08B$39.29B33.11101,000
HEI
HEICO
1.7755 of 5 stars
$208.44
-2.0%
$206.00
-1.2%
+24.0%$28.84B$2.97B68.129,600Analyst Forecast
Analyst Revision
LDOS
Leidos
4.2028 of 5 stars
$142.85
+0.2%
$145.67
+2.0%
+84.0%$19.31B$15.44B61.5747,000Analyst Forecast
TXT
Textron
2.8141 of 5 stars
$87.51
+0.7%
$95.63
+9.3%
+32.0%$16.69B$13.68B18.7035,000
CW
Curtiss-Wright
3.1322 of 5 stars
$276.59
+1.1%
$277.00
+0.1%
+68.9%$10.59B$2.85B28.498,600Analyst Revision
TDG
TransDigm Group
3.6224 of 5 stars
$1,310.40
+0.7%
$1,170.27
-10.7%
+70.3%$72.87B$6.59B55.6215,500Earnings Report
Analyst Forecast
News Coverage
High Trading Volume
GD
General Dynamics
4.362 of 5 stars
$293.37
+0.7%
$300.53
+2.4%
+38.9%$80.49B$42.27B23.93111,600Insider Selling
Positive News
BA
Boeing
3.0618 of 5 stars
$176.71
-0.9%
$222.41
+25.9%
-8.6%$108.48B$77.79B-49.78171,000
LMT
Lockheed Martin
4.302 of 5 stars
$466.56
+0.8%
$485.40
+4.0%
+3.4%$111.95B$67.57B17.07122,000Dividend Announcement

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This page (NYSE:LHX) was last updated on 5/9/2024 by MarketBeat.com Staff

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