Financial Contrast: Bridger Aerospace Group (NASDAQ:BAER) versus L3Harris Technologies (NYSE:LHX)

Bridger Aerospace Group (NASDAQ:BAER) and L3Harris Technologies (NYSE:LHX) are both aerospace companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, dividends, profitability, risk and earnings.

Volatility and Risk

Bridger Aerospace Group has a beta of 0.16, indicating that its share price is 84% less volatile than the S&P 500. Comparatively, L3Harris Technologies has a beta of 0.76, indicating that its share price is 24% less volatile than the S&P 500.

Insider & Institutional Ownership

48.9% of Bridger Aerospace Group shares are held by institutional investors. Comparatively, 84.8% of L3Harris Technologies shares are held by institutional investors. 19.5% of Bridger Aerospace Group shares are held by insiders. Comparatively, 0.7% of L3Harris Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of current recommendations for Bridger Aerospace Group and L3Harris Technologies, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bridger Aerospace Group	1	0	1	0	2.00
L3Harris Technologies	0	5	13	0	2.72

Bridger Aerospace Group presently has a consensus price target of $5.25, indicating a potential upside of 182.26%. L3Harris Technologies has a consensus price target of $287.63, indicating a potential downside of 1.63%. Given Bridger Aerospace Group’s higher possible upside, equities research analysts clearly believe Bridger Aerospace Group is more favorable than L3Harris Technologies.

Earnings and Valuation

This table compares Bridger Aerospace Group and L3Harris Technologies”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bridger Aerospace Group	$98.61 million	1.05	-$15.57 million	($0.58)	-3.21
L3Harris Technologies	$21.33 billion	2.57	$1.50 billion	$8.95	32.67

L3Harris Technologies has higher revenue and earnings than Bridger Aerospace Group. Bridger Aerospace Group is trading at a lower price-to-earnings ratio than L3Harris Technologies, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Bridger Aerospace Group and L3Harris Technologies’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Bridger Aerospace Group	-0.58%	N/A	-0.25%
L3Harris Technologies	7.94%	11.82%	5.47%

Summary

L3Harris Technologies beats Bridger Aerospace Group on 12 of the 14 factors compared between the two stocks.

About Bridger Aerospace Group

Bridger Aerospace Group Holdings, Inc. provides aerial wildfire management, relief and suppression, and firefighting services to federal and state government agencies in the United States. It offers fire suppression services, such as direct fire suppression aerial firefighting support services for ground crew to drop large amounts of water quickly and directly on wildfires. The company also provides aerial surveillance services, including fire suppression aircraft over an incident and tactical coordination with the incident commander through its manned and unmanned aircraft. It operates an aircraft fleet of 18 planes. The company was founded in 2014 and is headquartered in Belgrade, Montana.

About L3Harris Technologies

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber; mission avionics; electronic warfare systems; and mission networks systems for air traffic management operations. The company's Communication Systems segment provides broadband communications; tactical radios, software, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; integrated vision solutions, including helmet-mounted integrated night vision goggles with leading-edge image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios, and system applications and equipment. Its Aerojet Rocketdyne segment provides propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems; and space propulsion and power systems for national security, and space and exploration missions. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is based in Melbourne, Florida.