News headlines about Harris (NYSE:HRS) have been trending somewhat positive on Tuesday, Accern reports. Accern scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Harris earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave headlines about the communications equipment provider an impact score of 45.1124531480308 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:

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HRS has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Harris from a “hold” rating to a “buy” rating and set a $165.00 price objective on the stock in a research report on Thursday, January 18th. ValuEngine raised shares of Harris from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Cowen restated a “buy” rating and issued a $134.00 target price on shares of Harris in a report on Monday, October 2nd. Jefferies Group upped their target price on shares of Harris from $135.00 to $157.00 and gave the company a “buy” rating in a report on Wednesday, November 1st. Finally, Seaport Global Securities restated a “buy” rating and issued a $145.00 target price (up previously from $135.00) on shares of Harris in a report on Monday, October 9th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Harris has a consensus rating of “Buy” and a consensus target price of $148.14.

Shares of Harris (HRS) traded up $3.75 during trading on Tuesday, reaching $150.94. 309,297 shares of the company’s stock were exchanged, compared to its average volume of 643,375. The stock has a market cap of $17,421.17, a P/E ratio of 32.85, a P/E/G ratio of 4.01 and a beta of 1.13. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.64 and a current ratio of 1.11. Harris has a 52 week low of $100.61 and a 52 week high of $151.84.

Harris (NYSE:HRS) last announced its quarterly earnings data on Tuesday, January 30th. The communications equipment provider reported $1.67 EPS for the quarter, topping the Zacks’ consensus estimate of $1.39 by $0.28. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.48 billion. Harris had a net margin of 9.02% and a return on equity of 23.36%. Harris’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.38 EPS. equities analysts anticipate that Harris will post 6.08 EPS for the current year.

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About Harris

Harris Corporation is a technology company that provides products, systems and services that have defense and civil government applications, as well as commercial applications. It offers its products and services to government and commercial customer. It operates in four segments: Communication Systems, which serves markets in tactical communications and defense, and public safety networks; Space and Intelligence Systems, which provides complete Earth observation, environmental, geospatial, space protection, and intelligence solutions from advanced sensors and payloads, as well as ground processing and information analytics; Electronic Systems, which offers a portfolio of solutions in electronic warfare, avionics, wireless and technology, among others, and Critical Networks, which provides managed services supporting air traffic management, energy and maritime communications, and ground network operation and sustainment, as well as information technology (IT) and engineering services.

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

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