LHX
L3Harris Technologies, Inc.
Technology · Search, Detection, Navigation, Guidance, Aeronautical Sys$301.01-2.47% today
AI Take · AlgoThesis
L3Harris trades at a striking 36.4x earnings while its RSI of 28.8 signals oversold conditions—a tension worth noting. At $66B market cap, this defense-tech heavyweight sits below its 52-week high despite elevated valuation multiples, suggesting the market has already priced in skepticism. The low RSI indicates potential mean-reversion setup, yet the steep P/E leaves limited margin for disappointment. For a company dependent on government contracts and aerospace cycles, this valuation demands flawless execution; any guidance miss could extend weakness further given the stretched multiple and reduced discount buffer.
Snapshot
Market cap
$66.0B
P/E
33.3
Forward P/E
25.6
EPS (TTM)
$9.21
Dividend yield
1.62%
Net margin
7.5%
ROE
8.9%
RSI (14)
24
Beta
0.38
Short % of float
1.6%
Days to cover
2.0
52w high
No
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