L3Harris Technologies (LHX) Competitors

$215.92
+1.17 (+0.54%)
(As of 05/7/2024 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.

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

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

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

In the previous week, L3Harris Technologies had 11 more articles in the media than Teledyne Technologies. MarketBeat recorded 18 mentions for L3Harris Technologies and 7 mentions for Teledyne Technologies. Teledyne Technologies' average media sentiment score of 0.89 beat L3Harris Technologies' score of 0.65 indicating that Teledyne Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
L3Harris Technologies
7 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Teledyne Technologies
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 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
L3Harris Technologies$19.42B2.11$1.23B$6.1635.11
Teledyne Technologies$5.64B3.30$885.70M$18.4921.24

L3Harris Technologies presently has a consensus target price of $231.33, indicating a potential upside of 7.06%. Teledyne Technologies has a consensus target price of $470.83, indicating a potential upside of 19.84%. Given Teledyne Technologies' stronger consensus rating and higher possible upside, analysts plainly believe Teledyne Technologies is more favorable than L3Harris Technologies.

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

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

Company Net Margins Return on Equity Return on Assets
L3Harris Technologies5.82% 12.82% 5.95%
Teledyne Technologies 15.81%10.54%6.57%

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

Summary

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

Get L3Harris Technologies News Delivered to You Automatically

Sign up to receive the latest news and ratings for LHX and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

LHX vs. The Competition

MetricL3Harris TechnologiesSearch & navigation equipment IndustryAerospace SectorNYSE Exchange
Market Cap$41.02B$12.65B$15.97B$17.62B
Dividend Yield2.19%1.85%1.39%3.52%
P/E Ratio35.1114.5119.2121.94
Price / Sales2.1139.7820.5810.33
Price / Cash10.3337.5921.3615.60
Price / Book2.1833.004.665.11
Net Income$1.23B$431.87M$435.21M$961.26M
7 Day Performance1.07%4.26%3.24%3.23%
1 Month Performance3.54%7.12%-0.17%-0.51%
1 Year Performance15.25%41.56%24.91%104.59%

L3Harris Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TDY
Teledyne Technologies
4.1501 of 5 stars
$393.03
+0.7%
$470.83
+19.8%
-4.8%$18.62B$5.64B21.2614,900
NOC
Northrop Grumman
4.0551 of 5 stars
$473.53
+1.0%
$509.38
+7.6%
+6.0%$70.08B$39.29B33.11101,000
HEI
HEICO
1.7632 of 5 stars
$208.44
-2.0%
$206.00
-1.2%
+22.5%$28.84B$2.97B68.129,600Analyst Forecast
Analyst Revision
News Coverage
LDOS
Leidos
4.1228 of 5 stars
$142.85
+0.2%
$145.67
+2.0%
+76.7%$19.31B$15.44B61.5747,000Analyst Forecast
TXT
Textron
3.0219 of 5 stars
$87.51
+0.7%
$95.63
+9.3%
+32.3%$16.69B$13.68B18.7035,000
CW
Curtiss-Wright
3.1356 of 5 stars
$276.59
+1.1%
$277.00
+0.1%
+69.2%$10.59B$2.85B28.498,600Earnings Report
Analyst Upgrade
Analyst Revision
TDG
TransDigm Group
3.6255 of 5 stars
$1,310.40
+0.7%
$1,170.27
-10.7%
+70.8%$72.87B$6.59B55.6215,500Earnings Report
News Coverage
Gap Down
High Trading Volume
GD
General Dynamics
4.3603 of 5 stars
$293.37
+0.7%
$300.53
+2.4%
+38.4%$80.49B$42.27B23.93111,600Insider Selling
BA
Boeing
3.7827 of 5 stars
$176.71
-0.9%
$222.41
+25.9%
-10.9%$108.48B$77.79B-49.78171,000
LMT
Lockheed Martin
4.4208 of 5 stars
$466.56
+0.8%
$485.40
+4.0%
+2.4%$111.95B$67.57B17.07122,000Dividend Announcement

Related Companies and Tools

This page (NYSE:LHX) was last updated on 5/8/2024 by MarketBeat.com Staff

From Our Partners