L3Harris(US:LHX) Benzinga·2025-12-09 14:00Core Viewpoint - L3Harris Technologies Inc. has experienced a short-term decline in stock price but shows strong long-term growth, prompting a review of its price-to-earnings (P/E) ratio for potential investment opportunities [1]. Group 1: Stock Performance - L3Harris Technologies shares are currently trading at $281.30, reflecting a 0.12% decrease [1]. - The stock has decreased by 6.64% over the past month but has increased by 23.06% over the past year [1]. Group 2: P/E Ratio Analysis - The P/E ratio is a critical metric for investors, comparing the current share price to the company's earnings per share (EPS) [5]. - A higher P/E ratio suggests that investors expect better future performance, potentially indicating overvaluation, while a lower P/E may suggest undervaluation or weaker growth prospects [5][10]. - L3Harris Technologies has a P/E ratio of 30.32, which is significantly lower than the Aerospace & Defense industry average of 71.07, suggesting that the stock may be undervalued or expected to perform worse than peers [6].