L3harris Technologies Stock Number Of Shares Shorted
| LHX Stock | USD 212.24 0.00 0.00% |
L3Harris Technologies fundamentals help investors to digest information that contributes to L3Harris Technologies' financial success or failures. It also enables traders to predict the movement of L3Harris Stock. The fundamental analysis module provides a way to measure L3Harris Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to L3Harris Technologies stock.
L3Harris | Number Of Shares Shorted |
L3Harris Technologies Company Number Of Shares Shorted Analysis
L3Harris Technologies' Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current L3Harris Technologies Number Of Shares Shorted | 1.81 M |
Most of L3Harris Technologies' fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, L3Harris Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
L3Harris Number Of Shares Shorted Driver Correlations
Understanding the fundamental principles of building solid financial models for L3Harris Technologies is extremely important. It helps to project a fair market value of L3Harris Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since L3Harris Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of L3Harris Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of L3Harris Technologies' interrelated accounts and indicators.
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If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
| Competition |
Based on the recorded statements, L3Harris Technologies has 1.81 M of outstending shares currently sold short by investors. This is 41.84% lower than that of the Aerospace & Defense sector and 22.07% lower than that of the Industrials industry. The number of shares shorted for all United States stocks is 61.6% higher than that of the company.
L3Harris Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses L3Harris Technologies' direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of L3Harris Technologies could also be used in its relative valuation, which is a method of valuing L3Harris Technologies by comparing valuation metrics of similar companies.L3Harris Technologies is currently under evaluation in number of shares shorted category among related companies.
L3Harris Fundamentals
| Return On Equity | 0.0616 | ||||
| Return On Asset | 0.0389 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 53.38 B | ||||
| Shares Outstanding | 189.68 M | ||||
| Shares Owned By Insiders | 0.32 % | ||||
| Shares Owned By Institutions | 86.30 % | ||||
| Number Of Shares Shorted | 1.81 M | ||||
| Price To Earning | 39.56 X | ||||
| Price To Book | 2.05 X | ||||
| Price To Sales | 1.98 X | ||||
| Revenue | 17.06 B | ||||
| Gross Profit | 4.93 B | ||||
| EBITDA | 3.31 B | ||||
| Net Income | 1.06 B | ||||
| Cash And Equivalents | 941 M | ||||
| Cash Per Share | 2.78 X | ||||
| Total Debt | 7.79 B | ||||
| Debt To Equity | 0.42 % | ||||
| Current Ratio | 1.10 X | ||||
| Book Value Per Share | 98.52 X | ||||
| Cash Flow From Operations | 2.16 B | ||||
| Short Ratio | 1.54 X | ||||
| Earnings Per Share | 6.15 X | ||||
| Price To Earnings To Growth | 0.90 X | ||||
| Target Price | 246.12 | ||||
| Number Of Employees | 50 K | ||||
| Beta | 0.65 | ||||
| Market Capitalization | 40.09 B | ||||
| Total Asset | 33.52 B | ||||
| Retained Earnings | 2.94 B | ||||
| Working Capital | 978 M | ||||
| Current Asset | 2.33 B | ||||
| Current Liabilities | 1.46 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.65 % | ||||
| Net Asset | 33.52 B | ||||
| Last Dividend Paid | 4.58 |
About L3Harris Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze L3Harris Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of L3Harris Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of L3Harris Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out L3Harris Technologies Piotroski F Score and L3Harris Technologies Altman Z Score analysis. For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.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 the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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 the 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.
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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 (0.16) | Dividend Share 4.58 | Earnings Share 6.15 | Revenue Per Share 106.38 | Quarterly Revenue Growth 0.166 |
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 if L3Harris Technologies is a good investment 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.