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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 11607.14. It is in the Communication Equipment industry and sector Technology, with a current P/E of 33.7, a forward P/E of 14.67 and EPS of 2.75. At a stock price of 92.62 (1.96%) it has a dividend yield of 2.16%.

EPS growth for the last five years have been -10.10%, more recently this last year it has grown by -11.50%. The next year growth is going to be about 9.60% and more long-term 41.80% after five years. EPS growth quarter over quarter is 357.40%. Sales growth for the past five years have been 6.60% and sales growth quarter over quarter is 24.10%.

For performance, Harris Corporation the past week has seen a gain of 1.51%. For the last month performance for Harris Corporation is 6.93%. While the last quarter is 17.58% and half year, 18.13%. Finally for the year, performance is 22.51%.

The 52-week high for Harris Corporation, is at 0.68%, and for the 52-week low it comes to a value of 34.64%. The 20-day simple moving average is 7.32% and 14.03% for the 200-day simple moving average.

Volatility for the week is at 1.19%, and for the month it is 1.24%. Harris Corporation, has a target price of 97.71.

In terms of debt, long term debt/equity is 1.35, and for total debt/equity Harris Corporation has 1.48. The gross margin is 31.30%, while operating margin is 10.50%, the profit margin is 4.30%. The current ratio is 0.5 and the quick ratio is 0.3.

Insider ownership is at 0.20%, with instituitional ownership at 91.10%. Harris Corporation has a payout ratio of 76.50%. With the total shares outstanding coming to 125.32. The shares float is 124.58, with the float short at 3.00%, with short ratio coming to 4.71.

In terms of returns, the return on assets see Harris Corporation, get 2.70%, with its returns on investment at 6.80%. Return on equity is 9.90%. So will the investors see the target price of 97.71, 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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