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L3Harris Technologies (LHX) Competitors

L3Harris Technologies logo
$213.55 +2.91 (+1.38%)
(As of 12/20/2024 05:40 PM ET)

LHX vs. ARM, NXPI, VRT, NOK, GFS, HUBB, STM, ASX, UI, and ALAB

Should you be buying L3Harris Technologies stock or one of its competitors? The main competitors of L3Harris Technologies include ARM (ARM), NXP Semiconductors (NXPI), Vertiv (VRT), Nokia Oyj (NOK), GlobalFoundries (GFS), Hubbell (HUBB), STMicroelectronics (STM), ASE Technology (ASX), Ubiquiti (UI), and Astera Labs (ALAB). These companies are all part of the "electronic equipment" industry.

L3Harris Technologies vs.

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

ARM has a beta of 4.67, suggesting that its stock price is 367% more volatile than the S&P 500. Comparatively, L3Harris Technologies has a beta of 0.72, suggesting that its stock price is 28% less volatile than the S&P 500.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ARM$3.54B39.17$306M$0.60220.25
L3Harris Technologies$21.14B1.92$1.23B$6.3333.74

ARM has a net margin of 18.13% compared to L3Harris Technologies' net margin of 5.71%. ARM's return on equity of 13.69% beat L3Harris Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
ARM18.13% 13.69% 9.70%
L3Harris Technologies 5.71%13.11%5.93%

L3Harris Technologies received 107 more outperform votes than ARM when rated by MarketBeat users. However, 67.07% of users gave ARM an outperform vote while only 63.53% of users gave L3Harris Technologies an outperform vote.

CompanyUnderperformOutperform
ARMOutperform Votes
55
67.07%
Underperform Votes
27
32.93%
L3Harris TechnologiesOutperform Votes
162
63.53%
Underperform Votes
93
36.47%

In the previous week, ARM had 18 more articles in the media than L3Harris Technologies. MarketBeat recorded 37 mentions for ARM and 19 mentions for L3Harris Technologies. L3Harris Technologies' average media sentiment score of 0.53 beat ARM's score of 0.32 indicating that L3Harris Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ARM
12 Very Positive mention(s)
3 Positive mention(s)
13 Neutral mention(s)
7 Negative mention(s)
2 Very Negative mention(s)
Neutral
L3Harris Technologies
6 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

7.5% of ARM shares are owned by institutional investors. Comparatively, 84.8% of L3Harris Technologies shares are owned by institutional investors. 0.8% of L3Harris Technologies shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

ARM currently has a consensus price target of $150.32, indicating a potential upside of 13.75%. L3Harris Technologies has a consensus price target of $269.13, indicating a potential upside of 26.03%. Given L3Harris Technologies' stronger consensus rating and higher possible upside, analysts clearly believe L3Harris Technologies is more favorable than ARM.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ARM
2 Sell rating(s)
6 Hold rating(s)
18 Buy rating(s)
1 Strong Buy rating(s)
2.67
L3Harris Technologies
0 Sell rating(s)
4 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.73

Summary

ARM beats L3Harris Technologies on 10 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$39.95B$14.53B$17.83B$19.18B
Dividend Yield2.17%1.77%1.29%3.58%
P/E Ratio33.7418.1136.9141.22
Price / Sales1.9245.0619.3817.58
Price / Cash11.1420.9630.2921.28
Price / Book2.1528.475.725.32
Net Income$1.23B$493.28M$463.64M$989.67M
7 Day Performance-4.31%2.16%3.24%-3.45%
1 Month Performance-13.40%2.58%6.33%-3.73%
1 Year Performance2.90%104.07%38.63%12.06%

L3Harris Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LHX
L3Harris Technologies
4.958 of 5 stars
$213.55
+1.4%
$269.13
+26.0%
+3.4%$39.95B$21.14B33.7450,000Insider Trade
ARM
ARM
2.7745 of 5 stars
$147.33
-3.0%
$150.32
+2.0%
+93.2%$154.38B$3.54B253.187,096
NXPI
NXP Semiconductors
4.7602 of 5 stars
$218.96
+1.0%
$274.14
+25.2%
-5.7%$55.65B$12.93B20.6934,200
VRT
Vertiv
4.5978 of 5 stars
$125.87
+0.1%
$140.09
+11.3%
+154.1%$47.24B$7.53B83.1527,000
NOK
Nokia Oyj
3.5396 of 5 stars
$4.48
flat
$5.42
+20.9%
+36.3%$24.43B$19.77B56.0086,689
GFS
GlobalFoundries
3.5578 of 5 stars
$44.12
+0.5%
$50.21
+13.8%
-28.1%$24.34B$6.77B32.7512,000Positive News
HUBB
Hubbell
4.1363 of 5 stars
$451.96
-0.4%
$472.13
+4.5%
+32.9%$24.26B$5.37B32.6818,317
STM
STMicroelectronics
3.6017 of 5 stars
$25.63
-2.5%
$36.26
+41.5%
-49.9%$23.15B$17.29B10.5651,323Ex-Dividend
Gap Down
ASX
ASE Technology
4.6843 of 5 stars
$10.33
+1.7%
N/A+12.8%$22.68B$593.73B22.5892,894Positive News
UI
Ubiquiti
2.5837 of 5 stars
$350.55
+1.6%
$310.50
-11.4%
+154.4%$21.20B$1.93B53.391,515Positive News
ALAB
Astera Labs
2.49 of 5 stars
$131.28
-0.7%
$94.67
-27.9%
N/A$20.82B$305.71M0.00225Analyst Forecast
Gap Down

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This page (NYSE:LHX) was last updated on 12/21/2024 by MarketBeat.com Staff
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