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How has Harris Corporation:(NYSE:HRS) performed recently?

Harris Corporation (NYSE: HRS) is a large market cap stock with a market cap of 10644.01. It is in the Communication Equipment industry and sector Technology, with a current P/E of 89.24, a forward P/E of 14.42 and EPS of 0.95. At a stock price of 85.03 (-0.02%) it has a dividend yield of 2.35%.

EPS growth for the last five years have been -6.80%, more recently this last year it has grown by -37.60%. The next year growth is going to be about 3.76% and more long-term 41.80% after five years. EPS growth quarter over quarter is 13.20%. Sales growth for the past five years have been 1.50% and sales growth quarter over quarter is 60.90%.

For performance, Harris Corporation the past week has seen a gain of 0.76%. For the last month performance for Harris Corporation is 3.73%. While the last quarter is 10.16% and half year, 2.23%. Finally for the year, performance is 6.16%.

The 52-week high for Harris Corporation, is at -4.09%, and for the 52-week low it comes to a value of 23.60%. The 20-day simple moving average is 5.60% and 7.22% for the 200-day simple moving average.

Volatility for the week is at 0.78%, and for the month it is 1.47%. Harris Corporation, has a target price of 93.56.

In terms of debt, long term debt/equity is 1.28, and for total debt/equity Harris Corporation has 1.42. The gross margin is 31.70%, while operating margin is 8.40%, the profit margin is 1.50%. The current ratio is 1.4 and the quick ratio is 0.9.

Insider ownership is at 0.10%, with instituitional ownership at 92.90%. Harris Corporation has a payout ratio of 239.30%. With the total shares outstanding coming to 125.15. The shares float is 124.33, with the float short at 3.97%, with short ratio coming to 5.46.

In terms of returns, the return on assets see Harris Corporation, get 0.90%, with its returns on investment at 5.40%. Return on equity is 3.20%. So will the investors see the target price of 93.56, reached soon?

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Tony Dabbs

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