L-3 Communications (NYSE:LLL)‘s stock had its “hold” rating reissued by Stifel Nicolaus in a research report issued to clients and investors on Wednesday. They presently have a $215.00 price target on the aerospace company’s stock. Stifel Nicolaus’ price target would suggest a potential upside of 10.46% from the stock’s current price.

Other analysts also recently issued research reports about the company. Deutsche Bank reiterated a “buy” rating and issued a $205.00 price objective (up previously from $190.00) on shares of L-3 Communications in a research report on Monday, October 2nd. Zacks Investment Research upgraded L-3 Communications from a “hold” rating to a “buy” rating and set a $210.00 price objective for the company in a research report on Monday, October 2nd. Cowen reiterated a “buy” rating and issued a $190.00 price objective on shares of L-3 Communications in a research report on Monday, September 18th. ValuEngine upgraded L-3 Communications from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Drexel Hamilton upgraded L-3 Communications from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. Seven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $194.20.

Shares of L-3 Communications (NYSE LLL) traded down $0.41 during mid-day trading on Wednesday, hitting $194.64. The company’s stock had a trading volume of 770,198 shares, compared to its average volume of 553,100. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.80 and a quick ratio of 1.62. L-3 Communications has a 52 week low of $143.54 and a 52 week high of $199.97. The company has a market cap of $15,076.75, a P/E ratio of 22.38, a P/E/G ratio of 3.84 and a beta of 1.19.

L-3 Communications (NYSE:LLL) last announced its quarterly earnings data on Thursday, October 26th. The aerospace company reported $1.96 EPS for the quarter, topping the Zacks’ consensus estimate of $1.93 by $0.03. L-3 Communications had a return on equity of 14.00% and a net margin of 5.22%. The company had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter last year, the company earned $1.88 EPS. The company’s quarterly revenue was up 5.6% on a year-over-year basis. equities analysts expect that L-3 Communications will post 8.92 EPS for the current year.

In other news, insider Michael T. Strianese sold 22,547 shares of the stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $185.87, for a total value of $4,190,810.89. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders sold 67,639 shares of company stock valued at $12,818,253. 2.90% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently modified their holdings of the company. Visionary Asset Management Inc. acquired a new position in shares of L-3 Communications in the 3rd quarter worth approximately $229,000. Public Employees Retirement System of Ohio increased its holdings in L-3 Communications by 4.5% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 43,624 shares of the aerospace company’s stock valued at $8,220,000 after purchasing an additional 1,898 shares in the last quarter. IFM Investors Pty Ltd acquired a new stake in L-3 Communications during the 3rd quarter valued at $229,000. Stonebridge Capital Advisors LLC acquired a new stake in L-3 Communications during the 3rd quarter valued at $1,598,000. Finally, Parallel Advisors LLC increased its holdings in L-3 Communications by 56.5% during the 3rd quarter. Parallel Advisors LLC now owns 961 shares of the aerospace company’s stock valued at $178,000 after purchasing an additional 347 shares in the last quarter. 78.79% of the stock is owned by institutional investors and hedge funds.

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L-3 Communications 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.

Analyst Recommendations for L-3 Communications (NYSE:LLL)

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