EPS for Harris Corporation (HRS) Expected At $1.64

April 17, 2018 - By Migdalia James

Harris Corporation (NYSE:HRS) LogoInvestors sentiment increased to 1.09 in 2017 Q4. Its up 0.10, from 0.99 in 2017Q3. It is positive, as 23 investors sold Harris Corporation shares while 207 reduced holdings. 91 funds opened positions while 160 raised stakes. 98.23 million shares or 1.10% less from 99.32 million shares in 2017Q3 were reported.
Amalgamated Bank & Trust holds 15,193 shares or 0.06% of its portfolio. Korea accumulated 30,153 shares. Shell Asset Management Com reported 0.07% stake. Sei Investments Company invested 0.04% of its portfolio in Harris Corporation (NYSE:HRS). Peapack Gladstone has invested 0.18% in Harris Corporation (NYSE:HRS). Whittier Trust Of Nevada has invested 0.01% in Harris Corporation (NYSE:HRS). Yorktown & Research invested 0.1% in Harris Corporation (NYSE:HRS). 1,666 were reported by Fort Point Capital Prns. Arrow Corporation owns 3,055 shares for 0.1% of their portfolio. M Kraus & Company invested 4.71% in Harris Corporation (NYSE:HRS). Bluestein R H invested 0.02% of its portfolio in Harris Corporation (NYSE:HRS). Advisor Prtn Lc, a California-based fund reported 2,666 shares. Wellington Shields Limited Co reported 0.15% stake. Kentucky Retirement Sys owns 7,351 shares. Victory Capital Mngmt invested 0.07% of its portfolio in Harris Corporation (NYSE:HRS).

Since February 15, 2018, it had 0 buys, and 3 sales for $12.22 million activity. On Thursday, February 15 FOX SHELDON J sold $1.35 million worth of Harris Corporation (NYSE:HRS) or 8,682 shares. $3.02M worth of Harris Corporation (NYSE:HRS) was sold by MIKUEN SCOTT T.

Analysts expect Harris Corporation (NYSE:HRS) to report $1.64 EPS on May, 2.They anticipate $0.26 EPS change or 18.84 % from last quarter’s $1.38 EPS. HRS’s profit would be $194.71M giving it 25.49 P/E if the $1.64 EPS is correct. After having $1.67 EPS previously, Harris Corporation’s analysts see -1.80 % EPS growth. The stock increased 1.22% or $2.01 during the last trading session, reaching $167.19. About 146,690 shares traded. Harris Corporation (NYSE:HRS) has risen 44.73% since April 17, 2017 and is uptrending. It has outperformed by 33.18% the S&P500.

Harris Corporation (NYSE:HRS) Ratings Coverage

Among 8 analysts covering Harris (NYSE:HRS), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Harris had 12 analyst reports since October 20, 2017 according to SRatingsIntel. Citigroup maintained the stock with “Buy” rating in Tuesday, April 10 report. The stock has “Buy” rating by Jefferies on Monday, January 8. The rating was maintained by Seaport Global on Wednesday, January 31 with “Buy”. The stock of Harris Corporation (NYSE:HRS) earned “Buy” rating by Jefferies on Wednesday, November 1. Jefferies maintained Harris Corporation (NYSE:HRS) on Friday, October 20 with “Buy” rating. The stock has “Buy” rating by Cowen & Co on Monday, January 22. The firm has “Buy” rating by Credit Suisse given on Wednesday, January 31. As per Wednesday, November 1, the company rating was maintained by Credit Suisse. As per Tuesday, January 30, the company rating was maintained by Jefferies. The rating was maintained by JP Morgan on Wednesday, November 1 with “Overweight”.

Harris Corporation provides technology solutions that solve government and commercial customersÂ’ mission-critical challenges in the United States and internationally. The company has market cap of $19.85 billion. The firm operates in three divisions: Communication Systems, Electronic Systems, and Space and Intelligence Systems. It has a 39.7 P/E ratio. It designs, develops, and makes radio communications products and systems, including single channel ground and airborne radio systems, 2-channel vehicular radio systems, multiband manpack and handheld radios, multi-channel manpack and airborne radios, and single-channel airborne radios, as well as wideband rifleman team, ground, and high frequency manpack radios.

Harris Corporation (NYSE:HRS) Institutional Positions Chart

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