LHX
L3Harris Technologies Inc. Industrials - Defense Investor Relations →
L3Harris Technologies Inc. (LHX) closed at $247.29 as of 2026-09-18, trading 6.7% above its 200-week moving average of $231.87. The stock moved further from the line this week, up from 6.0% last week. The 14-week RSI sits at 30, indicating neutral momentum.
Trading volume is running at 1.6x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.06 ratio) is neutral — neither side is clearly dominating.
Over the past 2285 weeks of data, LHX has crossed below its 200-week moving average 34 times. On average, these episodes lasted 16 weeks. Historically, investors who bought LHX at the start of these episodes saw an average one-year return of +12.4%.
With a market cap of $46.0 billion, LHX is a large-cap stock. The company generates a free cash flow yield of 3.5%. Return on equity stands at 9.3%. The stock trades at 2.3x book value.
Over the past 33.8 years, a hypothetical investment of $100 in LHX would have grown to $6643, compared to $3167 for the S&P 500. That represents an annualized return of 13.2% vs 10.8% for the index — confirming LHX as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 12.1% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: LHX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After LHX Crosses Below the Line?
Across 22 historical episodes, buying LHX when it crossed below its 200-week moving average produced an average return of +21.0% after 12 months (median +12.0%), compared to +10.7% for the S&P 500 over the same periods. 62% of those episodes were profitable after one year. After 24 months, the average return was +40.3% vs +17.2% for the index.
Each line shows $100 invested at the moment LHX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices LHX would reach each dislocation threshold.
Dislocation Price Levels
Prices where LHX's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-10-29.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $244.64 | Unusually cheap — analysis point |
| Value | +1σ | $257.20 | Cheap vs. own history |
| Fair Value | +0σ | $271.13 | Historical mean behavior |
| Expensive | -1σ | $286.65 | Expensive vs. own history |
| Deep Expensive | -2σ | $304.05 | Unusually expensive — analysis point |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Recent Earnings
| Date | EPS Est. | EPS Actual | Surprise |
|---|---|---|---|
| 2026-07-29 | $2.84 | $3.63 | +27.9% |
| 2026-04-30 | $2.57 | $2.91 | +13.0% |
| 2026-01-29 | $2.76 | $2.86 | +3.6% |
| 2025-10-30 | $2.57 | $2.70 | +5.1% |
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
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Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are analysis points: prices at which the yield deviation becomes unusual enough to justify the work. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from LHX's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. Each one is an analysis point, a reason to open the filings. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
LHX has crossed below its 200-week MA 34 times with an average 1-year return of +12.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1983 | Nov 1983 | 2 | 0.9% | -21.0% | +8893.8% |
| Feb 1984 | Feb 1985 | 52 | 31.6% | -3.1% | +8716.9% |
| Feb 1985 | Apr 1986 | 61 | 25.6% | +1.6% | +9851.4% |
| Jul 1986 | Nov 1986 | 15 | 10.4% | +13.7% | +9323.7% |
| Dec 1986 | Dec 1986 | 1 | 0.1% | -17.0% | +9471.6% |
| Oct 1987 | Feb 1988 | 19 | 22.3% | +10.1% | +10545.3% |
| May 1988 | May 1988 | 3 | 4.2% | +10.6% | +9727.5% |
| Jul 1988 | Jan 1989 | 27 | 11.4% | +31.6% | +10150.2% |
| Feb 1989 | Apr 1989 | 8 | 2.9% | +9.4% | +9660.5% |
| Jan 1990 | Feb 1990 | 2 | 3.0% | -19.8% | +8862.7% |
| Feb 1990 | Feb 1990 | 1 | 1.1% | -14.0% | +8824.8% |
| Jul 1990 | Jun 1991 | 45 | 52.3% | -0.9% | +9161.0% |
| Jun 1991 | Dec 1991 | 27 | 16.6% | +9.0% | +9471.2% |
| Aug 1998 | Oct 1998 | 8 | 17.7% | -17.2% | +2930.9% |
| Feb 1999 | May 1999 | 12 | 20.7% | +10.0% | +2799.7% |
| Jul 1999 | Jan 2000 | 27 | 38.3% | +15.5% | +2707.5% |
| Apr 2000 | Apr 2000 | 2 | 9.2% | -11.8% | +2892.4% |
| May 2000 | May 2000 | 2 | 6.7% | +1.8% | +2680.5% |
| Jun 2000 | Jun 2000 | 1 | 1.7% | -7.4% | +2630.2% |
| Aug 2000 | Sep 2001 | 59 | 30.1% | +0.9% | +2693.2% |
| Dec 2001 | Dec 2001 | 1 | 4.9% | -11.6% | +2822.7% |
| Oct 2002 | Jan 2003 | 15 | 15.8% | +36.4% | +3001.9% |
| Mar 2003 | May 2003 | 8 | 7.7% | +68.4% | +2862.9% |
| Jul 2003 | Jul 2003 | 1 | 0.8% | +63.1% | +2675.4% |
| Sep 2008 | Nov 2009 | 57 | 36.6% | -9.0% | +801.0% |
| Jun 2010 | Jul 2010 | 1 | 3.4% | +13.1% | +753.4% |
| Aug 2010 | Aug 2010 | 1 | 0.1% | -16.9% | +721.9% |
| Jul 2011 | Jan 2012 | 27 | 17.6% | +9.9% | +762.4% |
| May 2012 | May 2012 | 2 | 2.5% | +35.6% | +775.2% |
| Jan 2023 | Jan 2023 | 2 | 4.2% | +8.0% | +35.3% |
| Mar 2023 | Dec 2023 | 39 | 17.7% | +11.7% | +35.9% |
| Jan 2025 | Jan 2025 | 1 | 0.1% | +64.3% | +22.5% |
| Feb 2025 | Mar 2025 | 4 | 5.4% | +72.9% | +23.8% |
| Mar 2025 | Apr 2025 | 3 | 2.9% | +72.6% | +22.0% |
| Average | 16 | — | +12.4% | — |
Frequently Asked Questions
Is LHX below its 200-week moving average?
No. L3Harris Technologies Inc. (LHX) is currently 6.7% above its 200-week moving average of $231.87. It would need to fall to $231.87 to cross below the line.
What is LHX's 200-week moving average price?
L3Harris Technologies Inc.'s 200-week moving average is $231.87 as of 2026-09-18. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when LHX drops below its 200-week moving average?
LHX has crossed below its 200-week moving average 34 times in our data. On average, buying at that moment produced a one-year return of +12.4%. These dips have historically been decent entry points. These episodes lasted 16 weeks on average.
Is LHX a good value right now?
Here's what our data says about LHX as of 2026-09-18: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 30. Free cash flow yield is 3.5%. Return on equity is 9.3%. Price-to-book is 2.3x. This is not a buy or sell recommendation — always do your own research.
How does LHX compare to the S&P 500?
Over the past 33.8 years, $100 invested in LHX would have grown to $6643, compared to $3167 for the S&P 500. That's 13.2% annualized vs 10.8% for the index. LHX has outperformed the broader market over this period.
Does LHX pay a dividend?
Yes. L3Harris Technologies Inc. currently pays a dividend yield of 202.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-09-18