Harris (HRS) Earns News Impact Rating of 0.19

Media coverage about Harris (NYSE:HRS) has been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Harris earned a news impact score of 0.19 on Accern’s scale. Accern also assigned media headlines about the communications equipment provider an impact score of 44.88616689772 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the media headlines that may have impacted Accern’s rankings:

HRS has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Harris from a “sell” rating to a “hold” rating in a report on Tuesday, September 19th. Jefferies Group reiterated a “buy” rating and issued a $135.00 target price on shares of Harris in a report on Thursday, September 21st. ValuEngine lowered shares of Harris from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Cowen restated a “buy” rating and set a $134.00 price objective on shares of Harris in a report on Monday, October 2nd. Finally, Seaport Global Securities restated a “buy” rating and set a $145.00 price objective (up from $135.00) on shares of Harris in a report on Monday, October 9th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Harris has an average rating of “Buy” and an average target price of $145.43.

Shares of Harris (NYSE:HRS) traded up $0.15 during trading hours on Thursday, hitting $145.30. 449,313 shares of the company were exchanged, compared to its average volume of 691,755. Harris has a fifty-two week low of $99.13 and a fifty-two week high of $146.96. The company has a current ratio of 1.11, a quick ratio of 0.64 and a debt-to-equity ratio of 1.14. The firm has a market capitalization of $17,320.00, a price-to-earnings ratio of 27.16, a price-to-earnings-growth ratio of 3.43 and a beta of 1.13.

Harris (NYSE:HRS) last issued its quarterly earnings data on Tuesday, October 31st. The communications equipment provider reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.03. Harris had a net margin of 9.02% and a return on equity of 23.36%. The business had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same period last year, the business posted $1.28 earnings per share. The firm’s quarterly revenue was down .5% on a year-over-year basis. equities analysts predict that Harris will post 5.99 earnings per share for the current year.

WARNING: “Harris (HRS) Earns News Impact Rating of 0.19” was first published by Transcript Daily and is owned by of Transcript Daily. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & international copyright & trademark laws. The original version of this piece can be accessed at https://transcriptdaily.com/2018/01/12/harris-hrs-earns-news-impact-rating-of-0-19.html.

Harris Company Profile

Insider Buying and Selling by Quarter for Harris (NYSE:HRS)

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

Leave a Reply