L3 Technologies (LLL) Getting Somewhat Favorable Media Coverage, Report Finds

News coverage about L3 Technologies (NYSE:LLL) has been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. L3 Technologies earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the aerospace company an impact score of 46.1810888640851 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the news headlines that may have effected Accern’s scoring:

A number of research firms have recently issued reports on LLL. Cowen reiterated a “buy” rating and issued a $225.00 target price on shares of L3 Technologies in a research note on Friday, January 26th. SunTrust Banks increased their target price on L3 Technologies to $253.00 and gave the company a “buy” rating in a research note on Friday, January 26th. ValuEngine upgraded L3 Technologies from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Royal Bank of Canada reiterated a “buy” rating and issued a $250.00 target price on shares of L3 Technologies in a research note on Wednesday, January 24th. Finally, Bank of America upgraded L3 Technologies from a “neutral” rating to a “buy” rating and set a $205.00 target price for the company in a research note on Wednesday, January 17th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. L3 Technologies has an average rating of “Buy” and a consensus target price of $215.30.

L3 Technologies (NYSE LLL) traded down $0.43 during mid-day trading on Friday, hitting $212.89. The stock had a trading volume of 1,140,000 shares, compared to its average volume of 765,268. L3 Technologies has a fifty-two week low of $159.43 and a fifty-two week high of $218.71. The company has a current ratio of 1.89, a quick ratio of 1.72 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $16,640.00, a price-to-earnings ratio of 25.19, a P/E/G ratio of 2.70 and a beta of 1.26.

L3 Technologies (NYSE:LLL) last issued its quarterly earnings data on Thursday, January 25th. The aerospace company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.30 by $0.05. L3 Technologies had a return on equity of 13.63% and a net margin of 6.37%. The firm had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same quarter last year, the firm earned $2.38 EPS. L3 Technologies’s quarterly revenue was down 2.6% on a year-over-year basis. research analysts expect that L3 Technologies will post 9.55 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st will be paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Wednesday, February 28th. This is a positive change from L3 Technologies’s previous quarterly dividend of $0.75. L3 Technologies’s dividend payout ratio (DPR) is 35.50%.

In other L3 Technologies news, insider Michael T. Strianese sold 22,545 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $196.26, for a total transaction of $4,424,681.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last 90 days, insiders have sold 299,150 shares of company stock valued at $61,651,095. 2.90% of the stock is owned by insiders.

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L3 Technologies Company Profile

L3 Technologies, Inc, formerly L-3 Communications Holdings, Inc, is a prime contractor in Intelligence, Surveillance and Reconnaissance (ISR) systems, aircraft sustainment, simulation and training, night vision and image intensification equipment and security and detection systems. The Company provides a broad range of communication and electronic systems and products used on military and commercial platforms.

Insider Buying and Selling by Quarter for L3 Technologies (NYSE:LLL)

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