L3Harris Stock Future Price Prediction

LHX
 Stock
  

USD 243.24  1.54  0.64%   

L3Harris Technologies stock price prediction is an act of determining the future value of L3Harris Technologies shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of L3Harris Technologies' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of L3Harris Technologies and does not consider all of the tangible or intangible factors available from L3Harris Technologies' fundamental data. We analyze noise-free headlines and recent hype associated with L3Harris Technologies, which may create opportunities for some arbitrage if properly timed.
Additionally, see L3Harris Technologies Basic Forecasting Models to cross-verify your projections.
  
Refresh
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of L3Harris Technologies based on different types of headlines from major news networks to social media. The L3Harris stock price prediction module provides an analysis of price elasticity to changes in media outlook on L3Harris Technologies over a specific investment horizon.
Quarterly Earnings Growth YOY
0.087
Wall Street Target Price
248.78
EPS Estimate Current Quarter
2.89
Quarterly Revenue Growth YOY
-0.1
Using L3Harris Technologies hype-based prediction, you can estimate the value of L3Harris Technologies from the perspective of L3Harris Technologies response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards L3Harris Technologies using L3Harris Technologies' options and short interest. It helps to benchmark the overall future attitude of investors towards L3Harris using crowd psychology based on the activity and movement of L3Harris Technologies' stock price.

L3Harris Technologies Implied Volatility

    
  16.95  
L3Harris Technologies' implied volatility exposes the market's sentiment of L3Harris Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if L3Harris Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that L3Harris Technologies stock will not fluctuate a lot when L3Harris Technologies' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in L3Harris Technologies. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in L3Harris Technologies to buy its stock at a price that has no basis in reality. In that case, they are not buying L3Harris because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

L3Harris Technologies after-hype prediction price

    
  $ 243.23  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of L3Harris Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of L3Harris Technologies in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
218.92246.35247.82
Details
Naive
Forecast
LowNext ValueHigh
253.99255.45256.92
Details
12 Analysts
Consensus
LowTarget PriceHigh
225.00250.78270.00
Details
Earnings
Estimates (8)
LowProjected EPSHigh
12.8412.9213.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as L3Harris Technologies. Your research has to be compared to or analyzed against L3Harris Technologies' peers to derive any actionable benefits. When done correctly, L3Harris Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in L3Harris Technologies.

L3Harris Technologies After-Hype Price Prediction Density Analysis

As far as predicting the price of L3Harris Technologies at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in L3Harris Technologies or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many smart people who confused the symmetrical distributions of stock prices, such as prices of L3Harris Technologies, with the unreliable approximations that try to describe financial returns.
 Next price density 
      Expected price to next headline 

L3Harris Technologies Estimiated After-Hype Price Volatility

In the context of predicting L3Harris Technologies' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on L3Harris Technologies' historical news coverage. L3Harris Technologies' after-hype downside and upside margins for the prediction period are 241.76 and 244.70, respectively. We have considered L3Harris Technologies' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value 243.24
241.76
Downside
243.23
After-hype Price
244.70
Upside
L3Harris Technologies is very steady asset. Analysis and calculation of next after-hype price of L3Harris Technologies is based on 3 months time horizon.

L3Harris Technologies Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as L3Harris Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading L3Harris Technologies backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with L3Harris Technologies, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.04  1.47   0.01    0.03  10 Events / Month6 Events / MonthIn about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
243.24243.230.00 
445.45  

L3Harris Technologies Hype Timeline

On the 2nd of July L3Harris Technologies is traded for 243.24. The entity has historical hype elasticity of -0.01 and average elasticity to hype of competition of -0.03. L3Harris forecasted not to react to the next headlinewith price going to stay at about the same level and average media hype impact volatility of over 100%. The immediate return on the next newsis forecasted to be very small whereas the daily expected return is now at -0.04%. The volatility of relative hype elasticity to L3Harris Technologies is about 230.49%. The volatility of related hype on L3Harris Technologies is about 230.49% with expected price after next announcement by competition of 243.21. About 84.0% of the company shares are owned by institutional investors. The book value of L3Harris Technologies was now reported as 99.89. The company has Price/Earnings To Growth (PEG) ratio of 0.41. L3Harris Technologies recorded earning per share (EPS) of 9.28. The entity next dividend is scheduled to be issued on the 2nd of June 2022. The firm had a split on the 11th of May 2009. Considering the 90-day investment horizon the next forecastedpress releasewill be in about 10 days.
Additionally, see L3Harris Technologies Basic Forecasting Models to cross-verify your projections.

L3Harris Technologies Related Hype Analysis

Having access to credible news sources related to L3Harris Technologies' direct competition is more important than ever and may enhance your ability to predict L3Harris Technologies' future price movements. Getting to know how L3Harris Technologies rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how L3Harris Technologies may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
GDGeneral Dynamics Corp(7.37) 8 per month 0.00  0.06  2.47 (2.77)  8.35 
ISSCInnovative SolSup(0.16) 3 per month 0.00  0.009  5.63 (4.43)  25.56 
GEGeneral Electric 0.57 10 per month 0.00 (0.16)  2.80 (4.93)  12.00 
TRVThe Travelers Companies 0.98 10 per month 0.00  0.06  2.01 (2.17)  6.41 
PFEPfizer Inc(0.88) 11 per month 1.94  0.11  3.17 (3.16)  8.45 
TATT Inc 0.29 10 per month 1.37  0.26  2.99 (2.47)  12.17 
IBMInternational Business Machines 0.70 8 per month 1.41  0.19  2.47 (2.47)  11.05 
XOMExxon Mobil Corp 0.04 10 per month 2.96  0.13  3.03 (3.96)  11.86 
KOCoca-Cola 0.09 7 per month 1.75  0.17  2.14 (2.01)  10.05 

L3Harris Technologies Additional Predictive Modules

Most predictive techniques to examine L3Harris price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for L3Harris using various technical indicators. When you analyze L3Harris charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About L3Harris Technologies Predictive Indicators

The successful prediction of L3Harris Technologies stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as L3Harris Technologies, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of L3Harris Technologies based on analysis of L3Harris Technologies hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to L3Harris Technologies's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to L3Harris Technologies's related companies.
 2010 2021 2022 (projected)
Long Term Debt to Equity0.330.370.38
Interest Coverage4.837.138.03

Story Coverage note for L3Harris Technologies

The number of cover stories for L3Harris Technologies depends on current market conditions and L3Harris Technologies' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that L3Harris Technologies is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about L3Harris Technologies' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

L3Harris Technologies Short Properties

L3Harris Technologies' future price predictability will typically decrease when L3Harris Technologies' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of L3Harris Technologies often depends not only on the future outlook of the potential L3Harris Technologies' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. L3Harris Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
Trailing Annual Dividend Rate3.91
Average Daily Volume Last 10 Day873.34k
Average Daily Volume In Three Month989.67k
Trailing Annual Dividend Yield1.62%
Additionally, see L3Harris Technologies Basic Forecasting Models to cross-verify your projections. Note that the L3Harris Technologies information on this page should be used as a complementary analysis to other L3Harris Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for L3Harris Stock analysis

When running L3Harris Technologies price analysis, check to measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Is L3Harris Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of L3Harris Technologies. If investors know L3Harris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about L3Harris Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.087
Market Capitalization
46.6 B
Quarterly Revenue Growth YOY
-0.1
Return On Assets
0.046
Return On Equity
0.0929
The market value of L3Harris Technologies is measured differently than its book value, which is the value of L3Harris that is recorded on the company's balance sheet. Investors also form their own opinion of L3Harris Technologies' value that differs from its market value or its book value, called intrinsic value, which is L3Harris Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because L3Harris Technologies' market value can be influenced by many factors that don't directly affect L3Harris Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between L3Harris Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine L3Harris Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, L3Harris Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.