With a market cap of has a large market cap size. Harris Corporation (NYSE: HRS) has been on the stock market since its IPO date on the 12/31/1981. Harris Corporation is in the Communication Equipment industry and Technology sector. Average volume for Harris Corporation, is 781.3, and so far today it has a volume of 484600. Performance year to date since the 12/31/1981 is 8.76%.
To help you determine whether Harris Corporation is undervalued the following values will help you decide. P/E is 33.91 and forward P/E is 14.7. PEG perhaps more useful shows that Harris Corporation has a value for PEG of 0.81. P/S ratio is 1.54 and the P/B ratio is 3.77. The P/Cash and P/Free cash flow is 23.65 and 22.99 respectively.
At the current price Harris Corporation is trading at, 92.8 (-0.54% today), Harris Corporation has a dividend yield of 2.28%, and this is covered by a payout ratio of 76.70%. Earnings per share (EPS) is 2.74, and this is looking to grow in the next year to 9.22% after growing -11.70% this past year. EPS growth quarter over quarter is 355.20%, and 24.10% for sales growth quarter over quarter.
The number of shares outstanding is 124.1, and the number of shares float is 123.79. The senior management bring insider ownership to 0.40%, and institutional ownership is at 91.30%. The float short is 3.02%, with the short ratio at a value of 4.79. Management has seen a return on assets of 2.70%, and also a return on investment of 6.90%.
The ability for Harris Corporation, to deal with debt, means it current ratio is 1.3, and quick ratio is 0.8. Long term debt/equity is 1.35 and total debt/equity is 1.48. In terms of margins, Harris Corporation has a gross margin of 31.30%, with its operating margin at 10.50%, and Harris Corporation has a profit margin of 4.30%.
The 52 week high is -1.20%, with 35.67% being its 52 week low. The 20 day simple moving average is 6.25% and the 200 day simple moving average is 14.22%.
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.