L3 Technologies (NYSE:LLL) Price Target Increased to $200.00 by Analysts at UBS Group

Share on StockTwits

L3 Technologies (NYSE:LLL) had its price objective upped by UBS Group to $200.00 in a research report sent to investors on Wednesday morning, The Fly reports. UBS Group currently has a neutral rating on the aerospace company’s stock.

A number of other analysts have also weighed in on the company. Credit Suisse Group reiterated a buy rating and issued a $19.50 target price on shares of Infineon Technologies in a research note on Thursday, May 2nd. Barclays reiterated a buy rating on shares of Netflix in a research note on Thursday, May 16th. SunTrust Banks raised their price target on Markel to $1,100.00 and gave the company a hold rating in a research note on Thursday, May 2nd. Cowen restated a hold rating and set a $103.00 price target on shares of United Therapeutics in a research note on Wednesday, May 1st. Finally, ValuEngine lowered Valero Energy from a hold rating to a sell rating in a research note on Wednesday, May 8th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of $235.00.

LLL stock opened at $245.17 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.65 and a current ratio of 2.02. The stock has a fifty day simple moving average of $247.99. L3 Technologies has a twelve month low of $158.76 and a twelve month high of $260.48. The stock has a market capitalization of $19.48 billion, a price-to-earnings ratio of 22.81, a price-to-earnings-growth ratio of 2.24 and a beta of 1.02.

L3 Technologies (NYSE:LLL) last released its earnings results on Wednesday, May 1st. The aerospace company reported $2.89 earnings per share for the quarter, topping analysts’ consensus estimates of $2.52 by $0.37. L3 Technologies had a return on equity of 15.50% and a net margin of 9.64%. The business had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.53 billion. During the same quarter last year, the firm posted $2.34 earnings per share. The business’s revenue was up 13.9% compared to the same quarter last year. As a group, equities research analysts forecast that L3 Technologies will post 11.76 earnings per share for the current fiscal year.

Several institutional investors have recently made changes to their positions in the company. Alpine Global Management LLC bought a new stake in L3 Technologies during the second quarter valued at about $6,452,000. Hudson Capital Management LLC boosted its holdings in L3 Technologies by 2.5% in the second quarter. Hudson Capital Management LLC now owns 5,658 shares of the aerospace company’s stock worth $1,387,000 after acquiring an additional 138 shares in the last quarter. First Command Bank boosted its holdings in L3 Technologies by 2.1% in the second quarter. First Command Bank now owns 2,436 shares of the aerospace company’s stock worth $597,000 after acquiring an additional 50 shares in the last quarter. PFS Investments Inc. boosted its holdings in L3 Technologies by 205.2% in the second quarter. PFS Investments Inc. now owns 4,495 shares of the aerospace company’s stock worth $801,000 after acquiring an additional 3,022 shares in the last quarter. Finally, Mint Tower Capital Management B.V. acquired a new stake in L3 Technologies in the first quarter worth about $939,000. Hedge funds and other institutional investors own 80.95% of the company’s stock.

L3 Technologies Company Profile

L3 Technologies, Inc provides aircraft sustainment, simulation and training, night vision and image intensification equipment, and security and detection systems used on military, homeland security, and commercial platforms in the United States and internationally. It operates in three segments: Intelligence, Surveillance and Reconnaissance (ISR) Systems; Communications and Networked Systems (C&NS); and Electronic Systems.

Recommended Story: Do You Need a Fiduciary?

The Fly

Analyst Recommendations for L3 Technologies (NYSE:LLL)

Receive News & Ratings for L3 Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for L3 Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.