Press coverage about L3 Technologies (NYSE:LLL) has trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. L3 Technologies earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the aerospace company an impact score of 46.257732680062 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

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

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Several equities analysts recently issued reports on LLL shares. ValuEngine upgraded shares of L3 Technologies from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. SunTrust Banks initiated coverage on shares of L3 Technologies in a report on Monday, November 20th. They set a “buy” rating on the stock. Cowen reiterated a “buy” rating and set a $225.00 price objective on shares of L3 Technologies in a report on Friday, January 26th. Royal Bank of Canada raised shares of L3 Technologies from a “sector perform” rating to an “outperform” rating and reduced their price objective for the stock from $202.00 to $159.00 in a research report on Wednesday, December 6th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $215.00 target price on shares of L3 Technologies in a research report on Wednesday, December 6th. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $215.30.

Shares of L3 Technologies (LLL) opened at $203.59 on Friday. The company has a current ratio of 1.87, a quick ratio of 1.71 and a debt-to-equity ratio of 0.65. L3 Technologies has a 52-week low of $159.43 and a 52-week high of $218.71. The firm has a market cap of $15,947.52, a price-to-earnings ratio of 23.94, a PEG ratio of 2.58 and a beta of 1.23.

L3 Technologies (NYSE:LLL) last released its earnings results on Thursday, January 25th. The aerospace company reported $2.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.30 by $0.05. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.55 billion. L3 Technologies had a net margin of 6.37% and a return on equity of 13.63%. The firm’s quarterly revenue was down 2.6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.38 EPS. sell-side analysts expect that L3 Technologies will post 9.55 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st were issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date was Wednesday, February 28th. This is a positive change from L3 Technologies’s previous quarterly dividend of $0.75. L3 Technologies’s dividend payout ratio (DPR) is 37.60%.

In other news, insider Dan Azmon sold 1,772 shares of the business’s stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $203.82, for a total transaction of $361,169.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael T. Strianese sold 39,515 shares of the business’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $197.04, for a total transaction of $7,786,035.60. The disclosure for this sale can be found here. Insiders have sold a total of 437,983 shares of company stock worth $90,904,038 in the last ninety days. Insiders own 2.90% of the company’s stock.

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L3 Technologies Company Profile

L3 Technologies, Inc, formerly L-3 Communications Holdings, Inc, is a prime contractor in Intelligence, Surveillance and Reconnaissance (ISR) systems, aircraft sustainment, simulation and training, night vision and image intensification equipment and security and detection systems. The Company provides a broad range of communication and electronic systems and products used on military and commercial platforms.

Insider Buying and Selling by Quarter for L3 Technologies (NYSE:LLL)

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