Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.21
HRS's Cash to Debt is ranked lower than
63% of the 632 Companies
in the Global Communication Equipment industry.

( Industry Median: 5.92 vs. HRS: 0.21 )
HRS' s 10-Year Cash to Debt Range
Min: 0.03   Max: 1.84
Current: 0.21

0.03
1.84
Equity to Asset 0.36
HRS's Equity to Asset is ranked lower than
57% of the 607 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.58 vs. HRS: 0.36 )
HRS' s 10-Year Equity to Asset Range
Min: 0.32   Max: 0.62
Current: 0.36

0.32
0.62
Interest Coverage 7.44
HRS's Interest Coverage is ranked lower than
53% of the 370 Companies
in the Global Communication Equipment industry.

( Industry Median: 124.89 vs. HRS: 7.44 )
HRS' s 10-Year Interest Coverage Range
Min: 1.15   Max: 13.38
Current: 7.44

1.15
13.38
F-Score: 8
Z-Score: 3.44
M-Score: -2.63
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 15.89
HRS's Operating margin (%) is ranked higher than
92% of the 601 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.27 vs. HRS: 15.89 )
HRS' s 10-Year Operating margin (%) Range
Min: 1.61   Max: 18.36
Current: 15.89

1.61
18.36
Net-margin (%) 2.21
HRS's Net-margin (%) is ranked higher than
65% of the 601 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.73 vs. HRS: 2.21 )
HRS' s 10-Year Net-margin (%) Range
Min: 0.56   Max: 11.32
Current: 2.21

0.56
11.32
ROE (%) 7.24
HRS's ROE (%) is ranked higher than
76% of the 593 Companies
in the Global Communication Equipment industry.

( Industry Median: 5.13 vs. HRS: 7.24 )
HRS' s 10-Year ROE (%) Range
Min: 1.31   Max: 25.65
Current: 7.24

1.31
25.65
ROA (%) 2.33
HRS's ROA (%) is ranked higher than
65% of the 607 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.91 vs. HRS: 2.33 )
HRS' s 10-Year ROA (%) Range
Min: 0.55   Max: 11.84
Current: 2.33

0.55
11.84
ROC (Joel Greenblatt) (%) 71.19
HRS's ROC (Joel Greenblatt) (%) is ranked higher than
93% of the 604 Companies
in the Global Communication Equipment industry.

( Industry Median: 12.58 vs. HRS: 71.19 )
HRS' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 4.37   Max: 80.21
Current: 71.19

4.37
80.21
Revenue Growth (%) 4.70
HRS's Revenue Growth (%) is ranked higher than
69% of the 507 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.50 vs. HRS: 4.70 )
HRS' s 10-Year Revenue Growth (%) Range
Min: -22.1   Max: 18.1
Current: 4.7

-22.1
18.1
EBITDA Growth (%) 2.50
HRS's EBITDA Growth (%) is ranked higher than
70% of the 394 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.70 vs. HRS: 2.50 )
HRS' s 10-Year EBITDA Growth (%) Range
Min: -33.2   Max: 45.8
Current: 2.5

-33.2
45.8
EPS Growth (%) -0.90
HRS's EPS Growth (%) is ranked higher than
71% of the 368 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.20 vs. HRS: -0.90 )
HRS' s 10-Year EPS Growth (%) Range
Min: -39.7   Max: 80.6
Current: -0.9

-39.7
80.6
» HRS's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

HRS Guru Trades in Q3 2013

Steven Cohen 12,006 sh (New)
Jim Simons 559,900 sh (New)
John Hussman 173,700 sh (+4594.59%)
Joel Greenblatt 280,019 sh (+32.23%)
Michael Price 325,000 sh (unchged)
Jean-Marie Eveillard 1,600 sh (unchged)
Ray Dalio Sold Out
Brian Rogers 4,289,500 sh (-2.28%)
Murray Stahl 22,433 sh (-4.27%)
Jeremy Grantham 12,874 sh (-44.54%)
David Dreman 46,056 sh (-60.46%)
» More
Q4 2013

HRS Guru Trades in Q4 2013

John Hussman 300,000 sh (+72.71%)
Michael Price 325,000 sh (unchged)
Jean-Marie Eveillard 1,600 sh (unchged)
Murray Stahl 22,033 sh (-1.78%)
Brian Rogers 4,089,500 sh (-4.66%)
Joel Greenblatt 243,993 sh (-12.87%)
Jeremy Grantham 9,989 sh (-22.41%)
David Dreman 24,300 sh (-47.24%)
Steven Cohen 6,305 sh (-47.48%)
Jim Simons 240,800 sh (-56.99%)
» More
Q1 2014

HRS Guru Trades in Q1 2014

Jean-Marie Eveillard 5,600 sh (+250%)
Steven Cohen 18,958 sh (+200.68%)
David Dreman 40,273 sh (+65.73%)
John Hussman 300,000 sh (unchged)
Brian Rogers 4,089,500 sh (unchged)
Jeremy Grantham Sold Out
Murray Stahl 21,033 sh (-4.54%)
Joel Greenblatt 155,143 sh (-36.41%)
Michael Price 147,769 sh (-54.53%)
Jim Simons 78,000 sh (-67.61%)
» More
Q2 2014

HRS Guru Trades in Q2 2014

Brian Rogers 4,089,500 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with HRS

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Michael Price 2014-03-31 Reduce -54.53%1.58%$67.24 - $75.03 $ 73.12%147769
Joel Greenblatt 2014-03-31 Reduce -36.41%0.15%$67.24 - $75.03 $ 73.12%155143
David Dreman 2014-03-31 Add 65.73%0.09%$67.24 - $75.03 $ 73.12%40273
Jean-Marie Eveillard 2014-03-31 Add 250%$67.24 - $75.03 $ 73.12%5600
John Hussman 2013-12-31 Add 72.71%0.63%$58 - $70.16 $ 73.115%300000
David Dreman 2013-12-31 Reduce -47.24%0.12%$58 - $70.16 $ 73.115%24300
John Hussman 2013-09-30 Add 4594.59%0.56%$49.08 - $59.46 $ 73.131%173700
Joel Greenblatt 2013-09-30 Add 32.23%0.13%$49.08 - $59.46 $ 73.131%280019
David Dreman 2013-09-30 Reduce -60.46%0.11%$49.08 - $59.46 $ 73.131%46056
Ray Dalio 2013-09-30 Sold Out $49.08 - $59.46 $ 73.131%0
Joel Greenblatt 2013-06-30 Add 31.48%0.11%$41.66 - $51.23 $ 73.154%211764
Ray Dalio 2013-06-30 New Buy$41.66 - $51.23 $ 73.154%4204
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about Harris Corporation

Guru John Hussman's Top Five Positions
Over the past quarter Guru John Hussman (Trades, Portfolio) added 33 stocks to his holdings, bringing his total portfolio holdings to 197 stocks valued at $1.334 billion. The following five stocks are Hussman’s top five positions as of the close of the first quarter. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 17.50
HRS's P/E(ttm) is ranked higher than
85% of the 682 Companies
in the Global Communication Equipment industry.

( Industry Median: 52.00 vs. HRS: 17.50 )
HRS' s 10-Year P/E(ttm) Range
Min: 7.54   Max: 496.09
Current: 17.5

7.54
496.09
P/B 4.40
HRS's P/B is ranked higher than
50% of the 682 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.31 vs. HRS: 4.40 )
HRS' s 10-Year P/B Range
Min: 1.67   Max: 4.6
Current: 4.4

1.67
4.6
P/S 1.56
HRS's P/S is ranked higher than
65% of the 682 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.48 vs. HRS: 1.56 )
HRS' s 10-Year P/S Range
Min: 0.73   Max: 2
Current: 1.56

0.73
2
PFCF 13.80
HRS's PFCF is ranked higher than
89% of the 682 Companies
in the Global Communication Equipment industry.

( Industry Median: 9999.00 vs. HRS: 13.80 )
HRS' s 10-Year PFCF Range
Min: 6.68   Max: 40.89
Current: 13.8

6.68
40.89
EV-to-EBIT 10.99
HRS's EV-to-EBIT is ranked higher than
88% of the 682 Companies
in the Global Communication Equipment industry.

( Industry Median: 48.24 vs. HRS: 10.99 )
HRS' s 10-Year EV-to-EBIT Range
Min: 4.9   Max: 20.6
Current: 10.99

4.9
20.6
PEG 1.30
HRS's PEG is ranked higher than
91% of the 682 Companies
in the Global Communication Equipment industry.

( Industry Median: 9999.00 vs. HRS: 1.30 )
HRS' s 10-Year PEG Range
Min: 0.2   Max: 1.82
Current: 1.3

0.2
1.82
Shiller P/E 27.80
HRS's Shiller P/E is ranked higher than
88% of the 682 Companies
in the Global Communication Equipment industry.

( Industry Median: 9999.00 vs. HRS: 27.80 )
HRS' s 10-Year Shiller P/E Range
Min: 10.24   Max: 67.89
Current: 27.8

10.24
67.89
Current Ratio 1.75
HRS's Current Ratio is ranked higher than
56% of the 618 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.07 vs. HRS: 1.75 )
HRS' s 10-Year Current Ratio Range
Min: 1.12   Max: 3.3
Current: 1.75

1.12
3.3
Quick Ratio 1.17
HRS's Quick Ratio is ranked higher than
52% of the 618 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.63 vs. HRS: 1.17 )
HRS' s 10-Year Quick Ratio Range
Min: 0.78   Max: 2.78
Current: 1.17

0.78
2.78

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.30
HRS's Dividend Yield is ranked higher than
64% of the 334 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.73 vs. HRS: 2.30 )
HRS' s 10-Year Dividend Yield Range
Min: 0.61   Max: 3.43
Current: 2.3

0.61
3.43
Dividend Payout 0.37
HRS's Dividend Payout is ranked higher than
97% of the 682 Companies
in the Global Communication Equipment industry.

( Industry Median: 9999.00 vs. HRS: 0.37 )
HRS' s 10-Year Dividend Payout Range
Min: 0.07   Max: 12
Current: 0.37

0.07
12
Dividend growth (3y) 18.90
HRS's Dividend growth (3y) is ranked higher than
87% of the 159 Companies
in the Global Communication Equipment industry.

( Industry Median: -1.30 vs. HRS: 18.90 )
HRS' s 10-Year Dividend growth (3y) Range
Min: -40.7   Max: 35.7
Current: 18.9

-40.7
35.7
Yield on cost (5-Year) 5.02
HRS's Yield on cost (5-Year) is ranked higher than
86% of the 330 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.99 vs. HRS: 5.02 )
HRS' s 10-Year Yield on cost (5-Year) Range
Min: 1.33   Max: 7.49
Current: 5.02

1.33
7.49
Share Buyback Rate 5.10
HRS's Share Buyback Rate is ranked higher than
94% of the 385 Companies
in the Global Communication Equipment industry.

( Industry Median: -0.90 vs. HRS: 5.10 )
HRS' s 10-Year Share Buyback Rate Range
Min: 5.8   Max: -2.3
Current: 5.1

Valuation & Return

vs
industry
vs
history
Price/DCF (Projected) 1.10
HRS's Price/DCF (Projected) is ranked higher than
89% of the 682 Companies
in the Global Communication Equipment industry.

( Industry Median: 9999.00 vs. HRS: 1.10 )
HRS' s 10-Year Price/DCF (Projected) Range
Min: 0.43   Max: 2.07
Current: 1.1

0.43
2.07
Price/Median PS Value 1.30
HRS's Price/Median PS Value is ranked higher than
61% of the 682 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.19 vs. HRS: 1.30 )
HRS' s 10-Year Price/Median PS Value Range
Min: 0.25   Max: 3.97
Current: 1.3

0.25
3.97
Price/Peter Lynch Fair Value 1.40
HRS's Price/Peter Lynch Fair Value is ranked higher than
95% of the 682 Companies
in the Global Communication Equipment industry.

( Industry Median: 9999.00 vs. HRS: 1.40 )
HRS' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.28   Max: 2.19
Current: 1.4

0.28
2.19
Earnings Yield (Greenblatt) 8.90
HRS's Earnings Yield (Greenblatt) is ranked higher than
82% of the 542 Companies
in the Global Communication Equipment industry.

( Industry Median: 5.50 vs. HRS: 8.90 )
HRS' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.9   Max: 20.2
Current: 8.9

4.9
20.2
Forward Rate of Return (Yacktman) 17.47
HRS's Forward Rate of Return (Yacktman) is ranked higher than
91% of the 455 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.66 vs. HRS: 17.47 )
HRS' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 18.2   Max: 52.1
Current: 17.47

18.2
52.1

Business Description

Industry: Communication Equipment » Communication Equipment
Compare:PTFRY, QCOM, CSCO, ERIC, NOK » details
Traded in other countries:HRS.Germany
Harris Corporation was incorporated in Delaware in 1926 as the successor to three companies founded in the 1890s. The Company, together with its subsidiaries, is a communications and information technology company serving government and commercial markets in about 125 countries. The Company has three reportable operating segments: Its RF Communications segment, comprised of U.S. Department of Defense and International Tactical Communications, and Public Safety and Professional Communications; its Integrated Network Solutions segment, comprised of IT Services, Harris CapRock Communications, and Healthcare Solutions; and its Government Communications Systems segment, comprised of Civil Programs, National Intelligence Programs, and Defense Programs. Its RF Communications is a global supplier of secure tactical radio communications and embedded high-grade encryption solutions for military, government and commercial organizations and also of secure communications systems and equipment for public safety, utility and transportation markets. Its Integrated Network Solutions segment addresses the fast-growing global market for integrated communications and information technology and services and provides a variety of trusted networking capabilities to support government, energy, maritime and healthcare customers. Its Government Communications Systems conducts advanced research and develops, produces, integrates and supports advanced communications and information systems that solve the mission-critical challenges of its civilian, intelligence and defense government customers worldwide. In the RF Communications segment, principal competitors include European Aeronautic Defence and Space Company N.V. ('EADS'), General Dynamics, ITT Exelis, Motorola Solutions, Raytheon, Rohde & Schwarz, Tadiran and Thales. In the Integrated Network Solutions segment, main competitors include Aetna Medicity, CACI, Computer Sciences Corporation, Dell, EADS/Vizada, General Dynamics, Globecomm, Health Care DataWorks, Hewlett Packard, IBM, Lockheed Martin, ManTech, MTN, NCI Information Systems, Northrop Grumman, Optum, Orion Health, Raytheon, RigNet, SAIC, Stratos, TCS, Telos Corporation, and The Advisory Board Company, as well as other smaller companies and divisions of large companies. In the Government Communications Systems segment, main competitors include BAE Systems, Boeing, General Dynamics, L-3 Communications, Lockheed Martin, Northrop Grumman, Raytheon and Rockwell Collins. The Company's facilities and operations are subject to numerous domestic and international laws and regulations designed to protect the environment, particularly with regard to wastes and emissions.
» More Articles for HRS

Headlines

Articles On GuruFocus.com
Dividend Analysis of Communication Equipment Stocks Jun 25 2014 
Guru John Hussman's Top Five Positions May 02 2014 
Harris Received a Couple of Contracts to Boost Profitability Apr 21 2014 
Brian Rogers' T. Rowe Price Equity Income Fund Annual Letter Mar 20 2014 
7 Tech Stocks with a History of Growing Their Dividends Nov 06 2013 
Communicating Profits: Gurus Arrange Prospects Sep 30 2013 
6 Stocks Increasing Dividends For A Rainy Day Sep 02 2013 
yield: 19,20 ROCE: 5 May 19 2013 
comment on HRS May 09 2013 
Harris Corporation (HRS) Dividend Stock Analysis Oct 26 2012 


Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide